Student Finances

It’s no secret going to college is pricey. From tuition and books to lodging and food, things can add up fairly quickly. These guides will help you along the way and answer questions that students may not get the answer to by going to class.

  • Editor's Note: The Miller Analogies Test (MAT) was discontinued in November 2023 and is no longer administered. For more information on preparing for available graduate-level standardized tests, please visit Best GRE Prep Courses and Classes and Best GMAT Prep Courses and Classe... Read More
  • For many college-bound students, completing the Free Application for Federal Student Aid (FAFSA) is a key step in the preparation process. But what exactly is the FAFSA, and why does it play such an important role in the financial aid process? This ultimate FAFSA guide answers... Read More
  • Not understanding what student loan interest is, how it accrues, and how to pay it off can cost you thousands of dollars on top of the original money you borrowed. Don’t let that intimidate you. Taking the time to grasp what interest means is an essential part of making wise fi... Read More
  • Although students come from all sorts of backgrounds, the process of applying and qualifying for student loans is somewhat one-size-fits-all, especially for undergraduate students. The Free Application for Federal Student Aid (FAFSA), which is used to calculate a student’s e... Read More
  • It’s normal to have questions about financial aid, especially if you have never applied for it before. One of the most common questions is, “Do I qualify for financial aid?” There are many myths and misconceptions about who is eligible to receive financial aid, so it’s im... Read More
  • The to-do list can be quite long for students preparing to enroll in post-secondary degree programs. One task students should prioritize, however, is completing their Free Application for Federal Student (FAFSA) — especially if they want need-based financial aid like student lo... Read More
  • In October 2023, the pause on federal student loan repayment implemented in 2020 during the COVID-19 pandemic ended, affecting roughly 43 million borrowers who owe a collective $1.63 trillion. To find out how borrowers are coping with the continuation of student loan payments,... Read More
  • During the 2020-21 school year, the National Center for Education Statistics estimated that 52% of the over 2.2 million students enrolled in a postsecondary program used student loans to finance their education. The average student borrowed around $7,219 for their student loan th... Read More
  • When it comes to paying for college, many financial options are available to help students cover the costs of tuition, room and board, books, and other education-related expenses. Different types of financial aid include grants, scholarships, federal work-study, and student loans... Read More