Your Guide to College Life
Monday December 11th 2017

College Loans – Getting Your College Loan

The school year is starting and everybody is getting ready for the new semester but the question of paying for school can be a big one in the minds of many students.

 

While some students have parents that have put aside the funds for them to attend college many students find that they have no such fund or that the savings is a bit short of what they need to make ends meet.

In these situations getting a college loan is one of the biggest ways many students are able to continue their educations past high school.

But getting a loan can be a bit confusing.

Just doing a quick search on the web looking for loans for college brings up a maze of options and websites that try to entice you to apply for your loan through them.

Of course, as is the case with most things, having options is a good thing. However having too many options can be confusing and the task of choosing the best option often seems daunting when faced with the sea of choices.

So what to do?

First you’ll want to gather up your basic information to determine how much money you’ll need for a loan.

What college will you attend?

How many years will you go for?

What will the costs of books be?

Will you live on or off campus?

What will lodging costs be (if any?)

What grants and scholarships do you qualify for?

After you have added up the costs and subtracted any grants or scholarship money from the total you’ll come up with the amount that you’ll need to get loans for.

There is a huge offering of scholarships and grants and a few great sites that you can access to find the ones that apply to you .  Other relatively cheap financial aid is also available and for the most part this information can be found on only a few select sites.

A nice resource for finding these sites and getting more great information for students is students.gov and you can see info about getting loans for college and other financial aid here.

The site lists many valuable resources as well as giving excellent advice relating to all things education.

Unfortunately the site will be retired at the end of this year so while it’s still up take full advantage of the resources found there and make sure you bookmark the resources that you need now.

By following the advice you find and taking a logical approach to your search you will likely find a much smoother road ahead on your quest for higher education.

 

 

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