All Financial Aid Articles

Financial aid offer letters often confuse students and their parents, with unfamiliar terms mentioned in the letter. Unfortunately, misunderstanding some of the key terms can result in making the wrong decisions. That can lead to a long-term impact on their finances. Understanding what your financial aid offer letter is really important. Here are a few …

Paying for college can be overwhelming and if you are looking for any type of financial assistance, staying on top of all those deadlines can be even more so. Besides keeping track of college application deadlines, scholarship deadlines, and financial aid deadlines, you also need to keep track of the special requirements for each one. …

Your high grades and impressive test scores have earned you acceptance letters from some of the top colleges in the country. But even with the scholarships you’ve received, you still might need to take a substantial student loan. With their lower interest rates, fairly flexible repayment options, and forgiveness programs, federal student loans should be …

Most undergrad students depend on getting at least some financial assistance from their parents but not all families can oblige. Sometimes, their financial situation just does not allow them to offer any significant help towards the cost of college tuition. Or perhaps a student is independent of any familial connections. If you find yourself in …

There are two shocking statistics that have people worried about the price of college. 1) The average American college student graduates with nearly $37,000 in student loan debt. 2) Collectively, Americans owe nearly $1.3 trillion in student loan debt. Those are pretty scary numbers, to say the least. So how do you avoid becoming part …

According to the National Student Clearinghouse, about 33% of students choose to transfer schools at least once within their collegiate career. While transferring schools may make you happier in the long run, it’s no easy task, and shouldn’t be done lightly. In fact, a big consideration transfer students might forget about in the shuffle is …

Completing the Free Application for Federal Student Aid (FAFSA) gives you access to different types of financial aid, including grants, scholarships, and loans. Making a mistake on your FAFSA application can cost you money. Unfortunately, it’s not uncommon. Every year, hundreds of students lose out on their entitled financial aid because they made mistakes on …

College costs a lot, and that means that students have to come up with money to afford those costs. The federal government is the largest source of financial aid for college students. Therefore, many college students end up taking out federal aid in some form. However, there are rules and eligibility requirements students must follow …