Dana teaches social sciences at the college level and English and psychology at the high school level. She has master’s degrees in applied, clinical and community psychology.
Understanding Financial Assistance
If you are currently in college or planning to attend, then you probably already know how expensive it can be. Classes, textbooks, fees and living expenses all add up quickly. The price of higher education varies widely depending on factors such as residency status and whether the school is public or private. The majority of students require some sort of financial assistance, or monetary help, to offset the costs of college.
Financial assistance comes in many forms. Grants and scholarships may or may not be based on need and do not require repayment. Student loans are usually based on financial need and must be paid back. There are three primary types of student loans: Stafford loans, Perkins loans, and PLUS loans.
It is very common for students to combine the different types of loans to cover the cost of attendance. In fact, according to U.S. Continue reading “Types of Student Loans: Stafford, Perkins, PLUS”