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With college tuition rising significantly over the past three decades (Snyder, Dillow, and Hoffman 2009), students and parents have become increasingly concerned about college affordability, financial aid, and financial preparations for postsecondary education. This set of Issue Tables, one of a series examining students' preparation for college, draws upon data from the Education Longitudinal Study of 2002 (ELS:02) to address these concerns. Tables 1 and 2 present data on how high school seniors and their parents rated the importance of low college expenses and the availability of financial aid in choosing a college, distinguishing between students who planned to attend 2-year or 4-year postsecondary institutions. Tables 3 and 4 examine the various financial preparations that parents had made as of 2002 for their children's future education. Table 3 looks at parents of students who planned to attend 4-year postsecondary institutions after high school, and table 4 focuses on parents of students who planned to attend 2-year institutions. Table 5 examines whether high school seniors in 2004 who had applied to college by 2006 had applied for financial aid and, if not, their reasons for not applying. Estimates in all tables are shown for all specified students in the high school senior class of 2004 and by a wide range of student, family, and high school characteristics. A glossary and technical notes are included.