About This Chapter
Introduction to Student Loans: Chapter Summary
With the wide variety of student loans available, it can be confusing trying to decide which ones to apply for. Let our qualified guidance counselors and academic advisors help you navigate through the world of student loans and decide which fit your needs. This chapter includes:
Finding the real cost of college
Tuition isn't the only expense you'll have while in college. You'll need to account for other things, like housing costs, books and student fees. Our experienced counselors will give you tips for finding the real cost of college.
Determining whether you qualify for financial aid or scholarships
Before getting too far into the student loan search, you want to determine if it is worth your time. We'll help you find out if you're eligible for financial aid or scholarships.
Exploring the different types of student loans
With multiple student loan options available, it can be confusing trying to decide which is right for you. Our lessons will show you an overview of different types of loans, as well as explain the difference between subsidized and unsubsidized loans.
Finding student loans
After you've determined you're eligible and have become familiar with the different types of student loans, where do you go to apply? Our counselors will give you practical advice on where to look online.
Working with financial aid offices
Once you've applied for some loans, it can be nerve-racking waiting for a response. You'll want to keep in touch with college financial aid offices to increase your chances of securing a loan. Use our video lessons to understand when you should make contact and learn strategies for negotiating with financial aid offices.
1. Finding the Real Cost of College: Tips for Students
Many students think tuition is the only cost they need to worry about when calculating their college budget, but the cost of college goes beyond tuition. This lesson will help you learn to estimate your financial needs when planning your education.
2. Do I Qualify for Scholarships or Financial Aid?
Financial aid vocabulary and procedures can be difficult to understand. This lesson will help by reviewing the different types of financial aid, how you can determine eligibility and how to maximize your financial aid possibilities.
3. Types of Student Loans: Stafford, Perkins, PLUS
The cost of higher education is on the rise, and student loans can be an excellent resource to help pay for college. This lesson will discuss three types of student loans and end with a short quiz.
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