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February 7, 2022

Myths — and Facts — About College Tuition


Attending a remarkable private college like Guilford is more affordable than you think. Ignore the sticker price! Guilford has a competitive financial aid program, which benefits 100 percent of students.

"I have heard from many students and parents that they were surprised to see just how affordable Guilford College is after our generous financial aid programs are awarded. We are committed to giving students the educational opportunity they deserve at an affordable price."

Charlene Bedillion
Guilford College Director of Financial Aid

Below, the Office of Financial Aid debunks five myths commonly associated with tuition.

Myth: You can’t afford to attend a private college.
Fact: Guilford believes that choosing your college home should be about finding your perfect fit — not about comparing costs. That’s why the Guilford College Commitment exists. Guilford is committed to giving every first-time applicant generous institutional aid. Offers start at $15,000 per year and go up to $27,000 per year or more, depending on your academic success. Yes — Guilford promises every new student at least $15,000 a year in financial aid — and even more if you show us you're a leader and an achiever.

"I have heard from many students and parents that they were surprised to see just how affordable Guilford College is after our generous financial aid programs are awarded," says Charlene Bedillion, Guilford's Director of Financial Aid "We are committed to giving students the educational opportunity they deserve at an affordable price."

[Learn more about the Guilford College Commitment.]

Myth: Getting perfect grades is the only way you'll earn a scholarship.
Fact: Guilford knows that you're more than a GPA and a test score. Your class rank, academic courses, service experiences, and extracurricular interests all affect the scholarship you receive. Guilford is also 100 percent test-optional, which means you can provide a writing portfolio instead of test scores. Your Guilford counselor wants to get to know the real you.

Myth: You don’t need to fill out the FAFSA because your parents make too much money.
Fact: Every Guilford student should fill out the FAFSA every year. (It's quick and easy to do, promise!) It determines your eligibility for federal and state grants, and it provides access to guaranteed, low-interest student loans, as well as parent loans. Guilford also uses the FAFSA to award additional College grants to those who qualify.

Myth: You’ll graduate with debt you can’t pay off.
Fact: Like a home, college is an investment that pays off over time. And it’s important to remember that affordability includes financial resources you’ll have down the road as a result of your college degree. According to the U.S. Department of Education, those with a bachelor's degree earn 84 percent more in lifetime earnings compared to high-school graduates.

Are you a prospective college student trying to figure out how to pay for college? The counselors in Guilford's Office of Financial Aid are here to help you with your scholarship and loan needs. Contact your counselor today at 336.316.2354 or financialaid@guilford.edu

You can also apply to Guilford College to receive personalized financial aid information, as well as one-on-one support from your counselors. Schedule your personalized visit to campus to learn more about the Guilford College Commitment and Guilford's application process. Call 336.316.2100 or email admission@guilford.edu.