Now that the FAFSA is available in October, it’s important to make sure you’re filling it out as early as possible.
But filling it out correctly is even more important. If you make a mistake on your FAFSA, you could miss out on financial aid.
Check out the top 10 common FAFSA mistakes from the Federal Office of Student Aid to make sure you don’t miss out on free money for college.
Your student loan debt can affect your credit, which affects whether you’ll be able to buy a car, house or take out a loan in the future.
But a new study shows nearly half of all student loan borrowers don’t know that, according to CNBC.
Before taking out student loans, it’s important to educate yourself about the types of student loans and understand how interest and repayment work so that you can put yourself in a good position to repay them in the future.
Scholarships and grants are supposed to help students afford college when they may not otherwise be able to.
But a new report finds that most private scholarships, such as those through Rotary Clubs, or other organizations, are going to more wealthy students than poor ones.
The Federal Pell Grant program was established to help make it possible for low-income students who may have not otherwise been able to afford a college education to do so. Unlike loans, the grant does not have to be repaid, which helps reduce the burden for students who receive the grant.
As college costs have risen, the maximum federal Pell Grant has risen as well–but not nearly enough to cover the huge increase, Inside Higher Education reports.
According to a new report from the Education Trust, New America Foundation, and Young Invincibles, the Pell Grant program is failing to keep up in providing low-income students with access to a college education.
‘Safety schools,’ or colleges considered back-ups to students’ top choices, get a bad rap.
But as many students have found, attending a college that isn’t your first choice can be a great way to save money and avoid student loan debt.