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Financial Aid 101: Understanding the Basics

Humbach Education Consulting

What is financial aid? Financial aid is monetary assistance provided to students and families to help cover the cost of attending college. Aid can come in a variety of forms that we’ll go over in more detail below! Loans Loans have to be repaid. Loans Loans have to be repaid.

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How to Appeal Financial Aid + Letter Sample

StandOut College Prep

If you’re reading this post, it’s likely because you want to appeal your financial aid award. Flash back to a few months ago when you filed the Free Application for Financial Student Aid (FAFSA). With this information, colleges created a financial aid package. We’re here to help you.

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Financial Aid Application Time

ACM College Consulting

As college application season is fully underway, it is important to learn about the primary financial aid applications and types of aid your student could receive. For the 2021-22 school year, you will file using prior-prior (2019) tax information. Other than that, do not delay completing your financial aid applications.

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$100,000 per Year! Rising College Costs and Student Loans

Discovery College Consulting

For the 2020-2021 school year, the University of Miami’s total cost of attendance for an undergraduate living on campus was $75,230. But, for those who take out student loans to afford college, the outcome can be less than ideal. Students can spend 20 plus years paying off these loans. This fall, it’s expected to be $93,666.

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Your student loan payments are due: 3 strategies to support community college students’ financial wellness

EAB

Blogs Your student loan payments are due: 3 strategies to support community college students’ financial wellness When I think back to my time in college, student loans were something that nearly everyone had, but not something any of us fully understood. Specifically, we weren’t educated on how to repay them.

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Why Gen Z College Students Feel More Financially Insecure Than Ever

BestColleges

Graduating with student loan debt can delay major life events like buying a home or saving for retirement. Students can address financial insecurity by learning how to borrow smartly or considering alternate payment plans. In addition to inflation, the job market, growing student loan debt, housing insecurity — the list goes on.

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How Do Most People Pay for College?

BestColleges

41% borrowed federal student loans. But most people rely on a combination of sources, including scholarships, student loans, and help from their parents. Keep reading to find out how the average college student pays for college and how often they take on debt or qualify for free financial aid. Student Loans.

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