Basics Of Understanding Student Loans

Prepare For College, LLC por Chuck Moore, CCFC, Al Hoffman, CCA and Gary Carpenter, CPA, CCA

Notas del episodio

Understanding college student loans is crucial for making informed financial decisions. Federal loans typically have fixed interest rates set by the government. Private loans can have fixed or variable rates, often higher if you have little credit history. Loan fees may include origination fees, late fees, and prepayment penalties.

Palabras clave
college financial aidCollege Loans, Direct Student LoansSAI, EFC, Financial Aid Calculations Student Loans