Aspiring college students know ‘shockingly’ little about financial aid

A MAJORITY of 11th and 12th graders were unaware that the government will subsidize their interest on qualifying existing loans while they are still in college, according to new research. / BLOOMBERG NEWS FILE PHOTO/MICHAEL OKONIEWSKI
NEW YORK – High school students know very little about how financial aid works, according to a new analysis. An overwhelming majority of 11th and 12th graders (from 73% to 81%, depending on income group) were unaware that the government will subsidize their interest on qualifying existing loans while they are still in college, according to a new…

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