How to develop a college budget and still have some fun!
Heading to college is one of the most exciting times of your life. You’re about to start the shift from dependence on home and high school resources to greater independence in all areas of your life. If you’re like many young adults, this is the first time that you’ll be experiencing life without the constant oversight of your parents.
When it came time to apply for college, you probably sent in applications to multiple schools — some you felt certain you could get in and some you thought were a stretch. Either way, you may have had a first choice — your dream school.
Now that you have acceptance letters in hand, it’s time to be realistic about making your final choice. While it is exciting to anticipate going to a college or university you’ve dreamed about,
When you’re looking for ways to pay for college, college loans can be a major tool in your toolkit. Unlike scholarships and grants, loans must be repaid after you leave college. That’s why it is important to fully understand the different types of student loans before you start college.
The major types of loans used for higher education are:
Federal Direct Subsidized Loans are available for students with financial need.