Nitro Knowledge. Your Guide to Paying for College.
With summer break right around the corner, your teenager is likely gearing up for part-time work, hanging with friends, and sleeping in. You, on the other hand, know that college stuff is looming, and are probably wondering if there are things you should be doing to prepare for the big push in the fall.
Everyone knows that attending a public college or university on an in-state basis is one of the best ways to get a quality secondary education for a relatively reasonable price.
But if your dream school is a public school in another state, that doesn’t mean you’re stuck paying out-of-state tuition.
Pell Grants are one of the most common forms of financial aid that American college students receive. Across the country, millions of scholars use Pell Grant funds every year to help pay for their school expenses.
The great thing about grants is that they don’t have to be paid back, unlike loans.
Did you know that most students and parents nearly equally share responsibility for paying for college? That’s what student loan company, Sallie Mae, found when they released their 10th annual How America Pays for College report.
The report, which is released annually, surveys undergraduate students and parents of undergraduates about how much they pay for college and the resources they use to fund the expense.
How many times have you looked at your financial aid award letter and wondered, “What am I reading?”
If your answer is, “too many to count,” you’re not alone. The terminology around financial aid can be so confusing. Fortunately, we’re here to help you. Today, we're going to unravel the mysteries of the Stafford Loan.