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What You Need to Know Before You Borrow Student Loans

CFAA College Financial Aid Advisors

Borrowing student loans is a significant financial decision that can have long-lasting implications on your student’s future. While loans can help make higher education more accessible, it’s crucial to approach borrowing with careful consideration and awareness.

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Data-Informed College Decisions: Students Deserve Clear, Consistent, and Complete Financial Aid Offers

IHEP Institute for Higher Education Policy

Unfortunately, recent research suggests that many students are not provided clear, concise, and accurate information they need to fully understand the financial implications of the choices they have made. Department of Education’s Federal Student Aid office. 6] National Association of Student Financial Aid Administrators.

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Your student loan payments are due: 3 strategies to support community college students’ financial wellness

EAB

Blogs Your student loan payments are due: 3 strategies to support community college students’ financial wellness When I think back to my time in college, student loans were something that nearly everyone had, but not something any of us fully understood. They were a necessary evil to be addressed “later.”

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How to Close the Gap Between Financial Aid Offers and the Cost of College

CFAA College Financial Aid Advisors

Scholarships are a great option for every year your student is in school, so make an effort to look for them every year! Consider Private Student Loans: While there are some differences between federal and private student loans , this could be the final piece in your financial aid puzzle.

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Deciding on Financial Aid Offers: Do You Really Need All Those Loans?

CFAA College Financial Aid Advisors

Federal student loans typically offer more favorable terms, such as fixed interest rates and flexible repayment options, compared to private loans. Additionally, federal loans may qualify for income-driven repayment plans and loan forgiveness programs, providing valuable assistance post-graduation.

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5 Big FAFSA Updates That Will Impact Your Financial Aid This Year

CFAA College Financial Aid Advisors

From completing the FAFSA and completing the CSS Profile to reviewing the SAR, responding to requests for verification, comparing financial aid offers and understanding student loan options, Jodi is a fantastic resource when it comes to student financial aid.

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Last Minute College Financial Aid Tips for the Class of 2024

CFAA College Financial Aid Advisors

Compare student loan options: If everything else is in order and you know that you will definitely have to borrow some money to attend college, start comparing your student loan options now. Review the differences between private and federal loans.