You may be thinking - I can get all of the loans and grants I need for college. Yes, you can but should you? The answer is No. American students have an average student loan amount of $29,400. Do you want to owe that much when you graduate from college? What can you do to avoid this? Money that is a grant not a loan does not need to be repaid! Work-study money is payment for services. Beware of all of loans!
What can I do to get the right money? There are so many websites that say they can help you find the money for college. Can they? I found one that I recommend you check out. It is a full service website called financialaidtoolkit.ed.gov. It can help you with every step of the process from understanding the FAFSA, loans and grants to filling out the forms to interpreting the aid offer once you get it.
One thing to keep in mind is that a higher priced school doesn't necessarily cost more. Some expensive colleges have more grant (not loan) money to give. You must carefully evaluate your offers of financial aid to get to the bottom of what you get as a grant and what would have to be repaid. This decision will affect the rest of your life! Be careful and get help if you need it.
What can I do to get the right money? There are so many websites that say they can help you find the money for college. Can they? I found one that I recommend you check out. It is a full service website called financialaidtoolkit.ed.gov. It can help you with every step of the process from understanding the FAFSA, loans and grants to filling out the forms to interpreting the aid offer once you get it.
One thing to keep in mind is that a higher priced school doesn't necessarily cost more. Some expensive colleges have more grant (not loan) money to give. You must carefully evaluate your offers of financial aid to get to the bottom of what you get as a grant and what would have to be repaid. This decision will affect the rest of your life! Be careful and get help if you need it.