Paying for college can be daunting for any family or student, but with the right strategies, planning, and information, you can make it more manageable. Here are five essential things to consider when planning to pay for college: Knowing the Cost in Advance Understanding the true cost of college is the first step in financial planning primarily because it can …
Federal Student Loan Rates Are Soaring – Here’s What To Do
Paying for college has always been a challenge but this year may be the worst ever. To top off a difficult financial aid season, interest rates on Federal Direct Loans for students and parents are set to increase, a lot. This article will tell you why the interest rates are going up, offer some strategies to borrow at the least …
The Student Aid Index: The New Way to Calculate College Aid
The U.S. Department of Education (ED) is about to fundamentally change how eligibility for college financial aid is calculated. Here’s what you need to know and a link to a free calculator to estimate eligibility for college aid using the new methodology. Background On December 27, 2020, Congress passed the FAFSA Simplification Act to simplify the financial aid application form …