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Senators Reintroduce Bills to Help Inform Students about College Loans and Financial Aid

Diverse: Issues in Higher Education

Tina Smith, D-Minn, and Chuck Grassley R-Iowa, have reintroduced three bills to help students and families make informed decisions about borrowing for college. Tina Smith The bills aim to make sure that students are informed and educated about college search and selection, loans, and financial aid.

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Financial Aid Glossary: Terms You Need to Know for College Planning

CFAA College Financial Aid Advisors

However, it is so important to understand the various acronyms and terms you’ll see in applications, on paperwork, and in your financial aid offer letters. Otherwise, you’re unable to make informed decisions with your family about how to pay for school! Knowing the COA helps you understand how much financial aid you may need.

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Understanding Financial Aid: Loans, Grants, and Work-Study Explained

CFAA College Financial Aid Advisors

As you prepare for college, understanding the world of finances can feel like learning a new language, especially when you start looking at your financial aid award letter. Heres a few key terms that you need to know when it comes to loans, grants, and work-study! Loans: Loans can be a tricky part of your financial aid package.

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Breaking Down Your Financial Aid Letter: What’s Free Money and What’s Not

CFAA College Financial Aid Advisors

Receiving your financial aid letter is a huge milestone in your college journey, but it can also be overwhelming. Heres your financial aid breakdown: Free Money: Grants and Scholarships Grants and scholarships are the best parts of your financial aid package because they dont require repayment.

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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. For one thing, the U.S.

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Overview of Federal Direct Student Loans

College Planners of America

Federal Direct Loans are government-backed financial aid options provided by the U.S. Education Department (ED) to help students afford the costs of higher education. Students can start submitting FAFSA applications on October 1 of each year for the following academic year.

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

CFAA College Financial Aid Advisors

For students preparing to apply for financial aid, the Free Application for Federal Student Aid (FAFSA) is a crucial part of the process. With recent changes to the FAFSA process, it’s important to stay informed about whats going on. Submit your application as soon as you can!