Question

Although the average annual price for a four-year public college is roughly $8,600, how much does the average student pay after applying gift aid

Answer 1

In general, after a student applies gift aid to public college fees, they get to pay less than $3,000.

Gift aid refers to financial support towards one's education that they do not have to pay back. The various forms include:

• Scholarships
• Grants

When students get both of these, it can reduce the amount they have to pay for college by more than 50% such that they only end up paying less than $3,000 in public universities.

In conclusion, gift aid helps public college students pay less than $3,000 in college fees.

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