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Simply Money

Student Loan Help

Posted April 23rd, 2014 @ 3:20pm

Confused about obtaining a student loan? Here are some resources to help you get started:

-Federal loans vs. private loans: this breakdown from CBS's MoneyWatch outlines the differences between the two types.

-To apply for federal loans, the FAFSA form must be filled out. Click here for more help regarding the FAFSA, including how to fill it out and pertinent deadlines.

-Loans aren't the only option for paying for school; there are also grants, work-study, and organizational scholarships. To take a look at some of your options, click here. 

-If you're given the option of co-signing a student loan, the Simply Money advice would be to think twice. This alert from the Federal Trade Commission explains the risks. 

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