That's what has always annoyed me by the term financial aid. For the student or parent, they hear it and think "free money". Whereas once you start talking to

That's what has always annoyed me by the term financial aid. For the student or parent, they hear it and think "free money". Whereas once you start talking to the schools it ends up meaning a bit of free money and tons of loans. I'm years beyond university, but I do wish they would separate the two into financial aid and educational loans. It would give students and a parents a more accurate expectation of cost.