Imagine being accepted into college, career school, or a trade program and attempting to figure out how to pay. People often mention FAFSA, grants, scholarships, work-study, and loans, but it’s not always clear which ones apply to you. Good news: you don’t have to know if you qualify before completing the FAFSA. The form helps…
Paying for college can become confusing rapidly. A financial aid offer may include grants, scholarships, work-study, federal student loans, and sometimes suggestions to look at private loans. When the cost of school is higher than the money available, many students and families face the same question: should they borrow through the federal student loan system,…
When considering student financing, subsidized and unsubsidized loans might seem like just a minor detail amidst a sea of figures. But that is not the case. The type of federal student loan you have affects how much interest accrues while you are in school, after you graduate, and during other eligible periods of deferred repayment….
Many students begin repaying their student loans immediately after graduation—a moment often viewed as the end of their social lives. The initial repayment notice can be overwhelming, filled with terms like standard repayment, income-driven repayment, deferred repayment, grace periods, interest capitalization, and debt restructuring. You may think you simply need to pick one and start…
Studying in the United States is an attractive prospect; however, the costs of tuition, housing, meals, study materials, health insurance, and transportation can place a heavy burden on international students and their families. During the application process, many students grapple with the question: how will I cover all these expenses? The answer is not always…
Paying for college is like putting together a puzzle, yet a few important pieces are often missing. You likely have to cover tuition, room and board, books, transportation, and other expenses; however, applying for financial aid involves filling out forms, meeting deadlines, and navigating unfamiliar terminology. Students often focus solely on the total amount of…