Many families are shocked when they find their student’s dream school costs $55,000, $60,000 or more. A clear understanding of the student’s aid options is a must. And for many wealthier families, merit money will prove the key for their students. First, the basics: The two largest sources of college financial aid are the federal government and the colleges themselves. For federal grants or subsidized loans, parents fill out the FAFSA (Free Application for Federal Student