Every student that plans on using loans, or federal student aid, for school should have great resources bookmarked. There’s still a lot to do once your funding is approved, so it’s important to understand the process from a financial aid representative. You’ll need to understand your award letter, know how to budget your money for school, and make sure all your paperwork is in order.
If you’re not sure where to start bookmarking in your browser, start with the list below:
- U.S. Department of Education’s Free Application for Federal Student Aid (FAFSA)
- U.S. Department of Education’s Federal Student Aid
- National Association of Student Financial Aid Administrators (NASFAA) (for Students, Parents, & Counselors)
You’ll find resources for what types of aid are available, how you’ll repay your loans, and tips for better understanding the paperwork. Your school should have a similar list of resources to get your started. If you find yourself in question over paying for school make sure to get in contact with your financial aid department to review your options, or check out the resource sites above.
By J. Mason