the most competitive colleges have more resources and can offer more slarpz, so low-income students usually don't come even close to paying that scary sticker price. >> i understood that i needed to go to school for free because my parents would not be able to aforward it. >> fausto jimenez grew up in harlem. >> there were often shoot-outs while we were walking down the street. there was actually a drug factory, essentially, right across the hall from my apartment. >> he always dreamed of going to columbia university. >> and i remember saying, i want to be here, i want to come to columbia. i think my mom chuckled at the time. >> thanks to the gates millennium scholars program, he was able to get that ivy league education for free. >> i don't have loans. all i had to do was concentrate on my studies. >> it's important to apply to some of the most selective colleges you can get into if you're a low-income, high-achieving student. narrow in on a set of colleges and apply to several. if you are a low-income student, you can get application fee waivers, so you should not have to pay application