Before you consider borrowing, make sure to complete the Free Application for Federal Student Aid, or FAFSA, which is the key to unlocking free aid like grants, scholarships and work-study, as well as federal loans. If you do need loans to close a payment gap, the sky isn’t t...
7 Strategies for Appealing a College Financial Aid Package. The average tuition and fees at private ranked colleges has climbed by about 5.5% over the last year, according to data for the 2024-2025 school year submitted to U.S. News in an annual survey. At ranked public schools, tuition a...
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In 2015-16, full-time equivalent (FTE) undergraduate students received an average of $14,460 in financial aid, including $4,720 in federal loans. Once the bills add up after graduation, the effects of high tuition (which comprise one-third of a student's overall budget) can significantly ...