Nitro Knowledge. Your Guide to Paying for College.

Isn't college all about broadening your horizons? Studying abroad not only offers a cultural experience, but also an opportunity to take specialized courses not available elsewhere, to go deeper in your language studies, to build your resume, and to grow your network.

The good news: You can use your regular financial aid to help fund your study-abroad program. You may also be able to use funds from private student loans, but you'll need to work with your U.S.-based school to do so. 

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The biggest pro of cosigning your child's student loan is obvious: You'll help them attain the education they need to secure their financial future. The biggest con is obvious, too: If your child doesn't pay for some reason, you may be on the hook. 

Let's take a closer look at cosigning and what you can expect. 

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Having “the talk” is something most teens and parents avoid. No, we're not talking about that talk. Rather, we mean the money talk.

But a recent study shows a major disconnect between students' expectations and parents' realities. That is, most students (about 65%) assume that their parents will fund whatever college they choose, while most parents (62%) aren't in a position to do so. 

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Believe it or not, the average student leaves college with student loan debt hovering around $37,700.

Yikes, right? But what if you’re eager to get started on this next phase of your life, yet you’re scared of racking up a ton of debt? Community colleges, also known as junior colleges, can offer you a quality education — but at the fraction of the cost.

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When you’re tackling the process of budgeting for college, it’s easy to focus on the marquee expenses and forget the secondary costs.

Unfortunately, if you do your number-crunching and leave out a long list of incidentals, you may end up relying more heavily on student loan money than you intended. Here's what you need to know to plan in advance. 

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Sending your money – or your parents’ money – to colleges begins well before you enroll. Many students are so focused on the nail-biting task of filling out applications that they don’t stop and think about the fees that many colleges charge just for reviewing your undergraduate application.

With most colleges charging somewhere around $50 per application, the money can add up quickly. 

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