CFAA College Financial Aid Advisors
MARCH 18, 2024
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.
CFAA College Financial Aid Advisors
APRIL 22, 2024
From this amount you can subtract the amount of financial aid most students receive that does not have to be repaid, such as grants and scholarships. What are my chances of realistically being able to repay my student loans? What else do you suggest for students in my particular situation?
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CFAA College Financial Aid Advisors
APRIL 1, 2024
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.
CFAA College Financial Aid Advisors
APRIL 15, 2024
Reread your financial aid letters and determine how much of each package is in federal student loans. You’ll receive funds, but it could reduce the amount of time you have available for your studies – which may not be ideal for all students. Consider Earnings Potential After College: Taking out loans?
CFAA College Financial Aid Advisors
MARCH 4, 2024
Don’t forget to re-calculate and review out-of-pocket expenses, like travel home or daily living to determine what your student might be spending. Calculate your cash flow obligations: Most colleges will provide a schedule of payments for their costs, but be sure to take into consideration your other expenses as well.
CFAA College Financial Aid Advisors
MARCH 11, 2024
Compare Debt Amounts : Financial aid offers usually include federal student loan eligibility. If the financial aid offer includes a substantial debt amount, you will have to look closely at future earning potential to determine how much of a burden repayment will be.
CFAA College Financial Aid Advisors
FEBRUARY 5, 2024
Be sure you know how much of each financial aid offer comes. You’re likely to see scholarships and grants you will not have to repay, and student loans that you will have to repay. Make one last effort at increasing financial aid Remember, the colleges are looking at financial aid information from the last year.
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