6 vital things parents need to know about student loans
About 3.5 million high school students are expected to graduate from high school this spring, and most will go to college. While this a proud moment for students and parents, many families are stressed about how to pay for school in the fall.
Before helping your child take out loans – or taking out loans in your own name – make sure you understand the benefits and drawbacks. Here are six things every parent should know about student loans.
1. There’s still time to complete the FAFSA
For your children to get federal student aid such as loans, grants and work-study programs, they must complete the Free Application For Federal Student Aid (FAFSA) every year.
If your child hasn’t completed their FAFSA yet, there’s still time – but not much. Though the federal deadline is , states and individual schools often have much earlier due dates.
Moreover, schools have limited funds when it comes to some loans and grants, so the earlier your child applies, the better. To make sure you get the necessary funds, submit the FAFSA as soon as possible. Continuar leyendo: “6 vital things parents need to know about student loans” →
Publicado el 23/3/2022 Categoría bad credit loans direct lenders.
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