All Paying for college Articles

A PLUS loan is an option for you to pay for college
student loans

What You Need to Know about the PLUS Loan

There are many different financial aid options available to college-bound students. The easiest ones to understand are usually scholarships and grants: You put in the effort to apply for it, you receive the award, and you don’t have to pay it back. Loans, on the other hand, must be paid back over the course of …
A calculator and pen sitting on top of a piece of paper.
questions & answers

Should I Hire a Financial Advisor for College?

There is no doubt that your college tuition payment method is one of the more important financial decisions you will make in your life. Prior to leaving for college, most students do not have experience in financial decision-making. Personally, before I left my parents’ house to attend college, the largest thing I’d ever paid for …
What does a front-loaded financial aid package mean?
financial aid

What are Front-Loaded Financial Aid Packages?

A vast majority of students in the United States receive some sort of financial aid when paying for college. This aid can come in many different forms, from scholarships, both private and publicly funded, grants, federal aid, and private aid companies. Needless to say, students should be 100% certain of where their money is coming …
Student loan debt in America is now around $1.3 trillion.
questions & answers

America’s Student Loan Debt is $1.3 Trillion: How Much is That Exactly? (INFOGRAPHIC)

Many college-bound students turn to student loans as a way to pay for college, and while loans can certainly be helpful in that respect, they must first be understood. In 2016 the average college student graduated with about $37,000 in student loan debt. Collectively, Americans have about $1.26 trillion in student loan debt, across several …
A jar of coins with four coins scattered on the side.
questions & answers

Should I Get a Federal or a Private Student Loan?

Paying for college can be difficult because the cost is so high, and it can also be hard to understand. There’s a ton of terminology like loans, grants, scholarships, financial aid, file the FAFSA, etc. to learn about as well. If you are paying for college on your own, the entire process can be even …
Public colleges aren't always more affordable
myths

Myth: Public College is WAY more affordable than a Private College

Cost is one of the most important factors to consider when choosing a college. It could mean the difference between graduating with a mountain of student debt, or very little (or none) at all. But which is more affordable: public college vs private college? The answer isn’t as clear cut as many believe! Public vs …
Black dollar sign, stars and hats confetti macro shot.
financial aid

Fun Facts about Financial Aid in America!

Many students are anxious when it comes to financial aid. How do I find it? Do I qualify for any? When are the deadlines? While applying for financial aid should be taken seriously—you don’t want to be lax about your applications—it’s always good to step back a little, take a deep breath, and keep these …
A five-dollar bill shown in a magnifying glass.
financial aid

Finding Extra Financial Aid as an Out-of-State Student

When searching for colleges and universities that interest you, affordability is often a large concern. Among private universities, it doesn’t much matter: they don’t receive state funding, and therefore charge their students the same for tuition regardless of which state they reside in. Public universities are different. Because they receive state funding that comes from …

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