SAN JOSE, California (CNN) -

At 17 years old, Jessica Perez is an honor student who aspires to be the first member of her family to graduate from college.

But when it came to the application process, she felt lost, alone and ill-prepared.

"I didn't really know where to start," said Perez, who wants to be an astrophysicist. "There wasn't really anybody at home that could help me figure out how I could reach my dream."

Perez's grandparents, who raise Perez and her two siblings, both work long hours to make ends meet. And neither continued their education beyond elementary school.

Fortunately for Perez, she was directed by her school guidance counselor to a nonprofit called Strive for College.

"It helps students who don't really know anything about the college process," she said. "College students come to you and they tell you how to do it because they've been through it also."

Strive for College pairs high-school students with college students for free, one-on-one consultation over a yearlong period. Each pair works together through the application process for colleges, scholarships and financial aid.

"We take them through every little step of the process, because, frankly, it's a pretty detailed process -- and if you miss one step, you could ruin all your chances," said Michael Carter, who founded the nonprofit in 2007 while he was a college freshman.

So far, Strive for College has already helped 600 low-income students across the country enter four-year colleges and universities. And it expects to help an additional 900 this year.

Carter grew up in an upper-middle-class suburb of San Jose, Calif. He attended private school throughout his early childhood, and he remembers his grandfather calling him a "menso" -- basically translated to "moron" in Spanish -- for claiming everyone in the United States got an equal shot at success.

That pessimism started to make more sense to Carter when he transferred to a public high school in his junior year.

"Going to private schools, a lot of students who didn't do amazingly academically knew they were going to a four-year college because their parents had gone. It was just a given," said Carter, 24. "Whereas a lot of students at my public school, even if they had great GPAs and SATs, they didn't know if they could go to a four-year college. It was just very foreign to a lot of them."

It didn't help that there were two guidance counselors for roughly 1,600 students. They just couldn't devote themselves to students who failed to approach them about college -- the very students who Carter felt needed this help the most.

"This made me realize that my grandpa was right, I was a menso," Carter said. "And it made me firmly believe that this was a problem that was solvable."

Carter designed a pilot study during his freshman year at Washington University in St. Louis. Pairing his classmates with low-income high school students at a nearby high school, he hoped to prove that college acceptance rates could be dramatically changed.

The pilot's success was astounding: 24 of the 27 seniors in the study were accepted into four-year colleges. In the previous year, the school's acceptance rate was only 1 out of every 30 seniors.

"At first it was like, 'Wow, look at this amazing miracle that happened,' " Carter said. "But I quickly couldn't sleep at night thinking how many of the (students) the year before had earned the right to go (to college) and just no one helped them across the finish line."

Carter found that his study was indicative of a more widespread problem in the United States.

"There's over 400,000 low-income high school seniors every year who (are) qualified to go to a four-year college, and for whatever reason they just don't go," Carter said.

And the difference between going to college and not going to college can often mean limited career opportunities or growth. Over a 40-year career, college graduates on average make nearly $1 million more than someone with only a high school degree, according to the U.S. Census.