<p>supergaut24 explains the financial aid pretty well, but left out the part you aren't understanding.</p>
<p>Just because a school says that they are giving you financial aid doesn't mean you are getting the money for free. Most of the financial aid offered by Colgate, for example, consists of loans. These have to be paid back when you graduate, and in some cases you have to start paying the interest the minute you take out the loan--which is even before you graduate.</p>
<p>Take a school like George Washington University for instance. They promise financial aid of practically 100% to all their students. But 80%--yes, 80% of this consists of loans or other money that you have to pay back. Since it costs $160,000 to go to George Washington, that means you would have to pay back $128,000 to banks after you graduate--and of course you also would have to pay back the interest, which would be about $9,000 per year--so to pay this off in 10 years you would be paying something like $15,000 to $16,000 every year after you graduate. (The interest will go down each year as the loan is paid down).</p>
<p>What you have to do is find a school that will give you a grant or a scholarship. This is financial aid that doesn't have to be paid back. In this way, you can afford to go to school and not be broke when you graduate. USC gives non-need based aid--this means you don't have to be poor to qualify, you just have to have good grades and test scores and have done good things for your community. This is what you are looking for--and you should also be looking for schools that offer need-based aid if you are poor.</p>
<p>But understand--America is the land of opportunity--it is not the land of freebies and giveaways. Most schools expect you to do some work, or spend some time after graduation helping out the local community--or your country--after you graduate. Thus some of the aid will be "Work--Study" meaning you are offered a job to earn some of the money, some will be scholarships--meaning free, and some of the aid will be grants--meaning money to be paid back. </p>
<p>You are unlikely as an international student to get an entirely free college education unless you are the absolute top student in every single way possible--the schools are not just big money machines that give everything away to all the international students. They want smart students who will contribute to the community (and the college) while in the US, and they want students who will use what they learn to help out both the foreign country--or will stay in the US and become a productive citizen once they graduate. Also, keep in mind that the less competitive the school you go to, the more likely you are to be close to the top of the school's incoming class--which enables you to get more scholarship money. But it's a tradeoff--a lower ranked school and more money, or a higher ranked school and less money. You usually don't get both--unless you are going to cure cancer or invent the next supercomputer.</p>
<p>Go over to the financial aid section of college confidential--you'll see all the stories of people who got accepted to schools--and were offered "financial aid", but couldn't go to the school because the "financial aid" was loans--and they couldn't afford to pay them back after graduation.</p>