Learn about the aspects of a loan agreement, including advances, promises to pay, default, change in contact information, limits on discharge of debt in bankruptcy, and co-borrower liability.…

MEFA Loans are available nationwide, don't accrue interest until they are disbursed, are a family loan, have a small interest rate range, and include free guidance. …

Learn what other names Tuition Break has gone by, how the program works with the Common App, when participating schools are announced, how eligibility is determined, how the program works for undecided students, how it affects financial aid, and what happens if students change their major. …

Loan certification is a process in which the college you are attending reviews the amount you have requested to borrow in an education loan and ensures your eligibility to borrow.…

Learn if Federal Direct Student Loans are related to the FAFSA, what the annual loan limit is, the difference between subsidized and unsubsidized loans, how to pay the interest while in school, if the loan can be deferred in graduate school, and more. …

When talking to your child about college costs, discuss who will pay for what, who will borrow loans, what amount is feasible for a loan payment, what the four-year plan is, and what to do if you can't afford it. …

Families of high school juniors can prepare for college financing by learning about financial aid applications, estimating their EFC, exploring net price calculators, working on their credit, reviewing their budget, applying for scholarships, and saving. …

Hear from people who reduced their college costs in unconventional ways, including a family who moved to another state to qualify for in-state college tuition and a student who took college classes while in high school. …

Tips include knowing the total cost of the loan, having good credit, reading the fine print, understanding that all borrowers have equal responsibility, and choosing the option that is best for your family. …

Topics explained include the amount to borrow, monthly payment, application timeline, application process, and getting the loan funds…