When it comes to covering college costs, families have several financial aid options to consider. However, it’s important to remember that the kind of aid received affects whether it needs to be repaid. Loans must be paid back, but grants, scholarships, and work-study earnings don’t require repayment. Experts recommend that students max out grants and … Read more
For most people, one of the biggest factors in picking a college is how hard the costs will hit their family’s budget. But if you play your cards right with financial aid, you might get some happy surprises—like a surprisingly generous offer from that expensive private school at the top of your list, making it … Read more
Many families are stunned when they see a college’s sticker price. Though tuition costs can feel overwhelming, financial aid can help make higher education more manageable. According to the annual Sallie Mae/Ipsos survey, How America Pays for College, most families rely on income and savings to cover college expenses. The 2024 survey found that scholarships and … Read more
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