Financial Aid Tips

How do you get the most out of your student financial aid? This collection of articles will give you tips on how to maximize your aid, and how to pay it off as quickly as possible.

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What if I have twins and need to send them to college?

Two kids in college at the same time? Yikes, right? People are managing it today, but what will it be like 15 years from now, especially knowing scholarships and financial aid may only go so far?


5 Tips for Applying for Financial Aid

Getting an education is one of life's great accomplishments, and, just like many valuable things, it doesn't come cheaply. Many of us will need some type of financial aid, and we have 5 tips to keep in mind while you're applying.

How Student Loan Consolidation Works

For some, student loan consolidation can be a good idea. It can mean lower monthly payments and more time to repay the lender. But is it the right option for every graduating student with loan debt?

How can you claim student loan interest on your income tax return?

If you're paying off student loans, you might be able to take advantage of a perk that lets you deduct the interest when paying income taxes. How do you know whether you're eligible for this tax break?

How Student Loan Deferments and Forbearance Work

If you're having trouble paying off your student loans, deferment or forbearance may be an option. What's the difference between the two, and how could they help you pay off your debt?

Is financial aid taxable?

You might be happy about that scholarship or fellowship you just got, but don't jump for joy just yet -- you may have to pay a portion of that money back to the government. Do you owe Uncle Sam part of your financial aid package? Find out here.

How Lifetime Learning Tax Credits Work

Every year, millions of American adults head into college classrooms to improve their job skills or upgrade their resumes. Higher education may be pricey, but the Lifetime Learning Tax Credit can help alleviate the financial burden.

How can financial aid be spent?

Planning on using the leftover cash from your student loan to pay for a brand new computer for school? Not so fast. The type of financial aid you receive may dictate how you can use those last remaining dollars.

How Financial Aid Refund Checks Work

Your financial aid has been credited to your college account, but now there's money left over. So when can you expect your refund check, and what do you need to know before you spend your leftover cash?

How to Get the Most Financial Aid

College is expensive, but fortunately, there are lots of options financial aid options out there. Where do you start when applying for financial aid, and how do you make sure you'll collect the most assistance you can?

How Paying Off Student Loans Works

It won't be long now before the banks come looking for that money they lent you to go to college. How do you pay it back? It all depends on what kind of loan you have.