No. It means that you will have a financial aid package that you can use to pay the bill.. A typical financial aid package includes funding from several sources. Some of that may be grant aid, but usually it also includes student loans. So, while you won't have to come up with cash now to pay for your classes, it's likely that you will have student loans that you will have to repay later.

That expression usually means that scholarships and/or loans will cover all expenses. It can also mean that the tuition that you pay covers everything, including textbooks and lab fees.

It does not mean that tuition is free.

You really need to find out how they are using the term.

No, it means expenses beyond just tuition like books and lab fees, dorms, meal plans and so forth.

Out of pocket means the person has to pay for everything, or the items indicated.

"No out of pocket" expense means someone/group other then the subject Pays.