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paying for college
Content provided by Sallie Mae |
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The easy and cost-effective way to pay for school.
When it's time to pay for school, there is a simple way to cut through all the financial information. It's as easy as "get the cheapest money first." And that's as easy as Sallie Mae's 1-2-3 approach to paying for college.SM
1. Get the free money first
Scholarships and grants are funds that don't have to be paid back.
Ask around, visit College Answer®'s free Scholarship Search, and get all the "free money" you can.
2. Apply for federal student loans
Step two is the federal loan programs. They generally have below-market interest rates and more flexible repayment options.
Even if you think you are not eligible for federal money, you can't be sure until you try. Fill out the FAFSA and start the process.
3. Fill any gap with private loans
After you've exhausted free and federal money, private loans can make up the difference. There are a variety of loans, each with its own requirements and features.
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