What are the experiences, expectations, and challenges of college-bound high school students and their families regarding college financing? To answer that question, Ruffalo Noel Levitz (RNL), Ardeo Education, and PLEXUSS surveyed 1,250 high school students from the 11th and 12th grades about how they become interested in colleges and universities, research financial aid, and plan to finance their college educations. Key findings include: (1) Nine out of 10 students believe financing college will be difficult; (2) Among 11th-grade students, 57 percent have received information on financial aid; (3) Nearly 80 percent of 12th-grade students plan to borrow to pay for college; (4) First-generation students and those without family involvement need more support; and (5) Seven out of 10 12th-grade students become interested in at least one new institution. [For the previous report "2020 High School Student Perceptions of College Financing Report," see ED611663.]