Trying to understand all things student aid can feel overwhelming, especially if you’re not familiar with the vocabulary. We’ve got you covered with an easy-to-use financial aid dictionary that provides simple definitions of commonly used—and confused—terms.
Financial Aid
If your student loan payments are too high compared to your income, you might be able to switch to a different repayment plan. Applying is free.
Explore six things to know about the newest income-driven repayment (IDR) plan—the Saving on a Valuable Education (SAVE) Plan.
If you need financial aid to pay for college, career school, or trade school, you must complete the Free Application for Federal Student Aid (FAFSA®) form. Gather these six items so you have the information you need to fill out the form.
If you didn’t receive enough financial aid to cover your school expenses, there are other ways to pay for your education—if you know where to look.
So you’ve submitted your Free Application for Federal Student Aid (FAFSA®) form and applied to schools. How do you know what to do when you start to receive your financial aid offers? Here’s what you need to know about aid offers and what steps to take next.