Want to create an interactive transcript for this episode?
Podcast: The College Investor Audio Show
Episode: Front-Loading Financial Aid: Watch Out For This Sneaky Trick
Description: Front-loading of financial aid like grants and scholarships is a form of bait-and-switch, where a college gives a better financial aid offer to freshmen than to sophomores, juniors and seniors.When a college practices front-loading of financial aid, the average grant per recipient decreases after the first year and/or the percentage of students receiving grants decreases.This means students get smaller grants and/or fewer students get grants. Even if a college keeps the grants unchanged, the net price will increase as college costs increase.Front-loading of grants causes the mix of...