Author: Charlotte Lau

If you see any kind of federal student loan (Direct, Stafford, or PLUS) listed in your college’s financial aid award package/letter, then you might be wondering: What are they? How do they work? We break it all down for you here. Jump ahead to:What are federal student…

The average college graduate comes away with a degree–and $29,000 of student loan debt, requiring an average monthly loan payment of $393. That ends up being a really high percentage of new graduates’ salaries, so perhaps it’s no surprise that, in 2018,…

About one-third of college-bound high school seniors don’t fill out the FAFSA–and therefore miss out on an average of $14,000 per year in financial aid. Even more students don’t fill out their state financial aid forms–despite states granting students an average of $1000 in additional financial aid. Maybe it’s…