FUNDS FOR COLLEGE
Q: I’m planning to attend college in the fall and I’m looking for a college loan. How do I go about getting one?
A: Student loans make it easier to attend college because you can put off your starting date for paying them back until you get out of college. You can also apply for deferments after that period depending on when you find work.
Talk to your college financial aid advisor about the college loans that are best suidted for your situation.
In most cases, federal loans will have the lowest interest rates. To apply, you will need to complete the Free Application for Student Aid... FAFSA at https://fafsa.ed.gov/
Completing the FAFSA also lets you apply for federal grants (that you don't have to pay back) at the same time.
Look up a variety of banks that offer college loans. Check the interests rates, due dates of payments, and other details that may be in the fine print of any loan that may interest you.
Apply for grants. Your college financial aid advisor can guide you to grants that you may be eligible for. Get all the grants you can because you don't have to pay back grants!
Apply for scholarships. Scholarships can help you to pay for your education in addition to grants and student loans. Like grants, you don't have to pay them back. There are thousands of types of scholarships. You could be eligible for some scholarships simply because of your heritage or interests.
Some scholarships pay all your education expenses, but you will find that most of them pay only a part.
Ask your college financial advisor where you can find more information about scholarships.
Applying for and securing your college funding is important. You may need more than one venue to fund your education, but once you have your funds in place, you can begin your studies and get on your way to earning your degree.
Remember… it is never too early to plan for college! Call or Text 570-460-4855 or email Maria@CareerCollegeCounselors.com to schedule a FREE CONSULTATION.
Career and College Counselors is a team of experienced career and educational professionals who provide a personalized and comprehensive career and college planning services. We are in the business of helping families through the major life transition of sending their children to college.
Tom & Maria Geffers
Counselors At Your Kitchen Table