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College costs and tuition vary dramatically across the United States. Private colleges tend to have higher tuition than their public counterparts. The same goes for the cost of living in a college dorm. According to the Education Data Initiative, the average dorm cost for a 4-year college is around $11,520 for public institutions and $13,028 …

A tuition reciprocity agreement is an agreement between two (or more) states that specifically pertains to the cost of tuition. This agreement essentially allows students from one state to get the benefit of lower-cost in-state tuition when they enroll in a college in another state within the reciprocity agreement. To better understand what tuition reciprocity …

If you drop (or withdraw from) a class, your financial aid could be affected. It depends on: The terms of the loan, grant, or scholarship. When you accepted the aid. And how the dropped class affects your academic progress or enrollment status. To know what happens to financial aid if you drop a class, it …

Your college acceptance letter should contain detailed information about your financial aid package as well as the costs you’re expected to cover. One of the items you’ll find included in the list of costs is an enrollment deposit. You’ll also see that this money must be paid much before all other fees. So, what is …

Have you borrowed more than you need and are wondering what happens to unused student loan money? You may or may not be able to return the excess amount without paying interest or fees depending on your lender and type of loan. Let’s walk through the different scenarios.  Why You May Have Unused Student Loan …