Ida Cassin is a licensed CPA with a distinct focus on student loan debt management. Offering strategic counsel on debt repayment and consolidation options, her goal is to assist students in reducing their financial burden. Her expertise lies in providing cost-effective strategies to navigate the complexities of student loans.
The best time to apply for a student loan is after you've exhausted all other financial aid options and have received your financial aid award letter from your college or university. This typically occurs in late spring or early summer.
Before applying for a student loan, it's important to understand your financial aid package that includes grants, scholarships, and work-study opportunities. This will help you determine how much you may need to borrow.
Consider applying for federal student loans before turning to private lenders. Federal loans often offer lower interest rates and more flexible repayment terms. To help you make an informed decision, you can refer to a comparison chart that shows the differences between federal and private student loans.
A crucial step before applying for a student loan is filling out the Free Application for Federal Student Aid (FAFSA). The FAFSA opens on October 1 each year, and it's best to apply as soon as possible to maximize your potential aid.
In summary, understanding your financial aid package, considering federal before private student loans, and filling out FAFSA are key steps before applying for a student loan.
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The best time to apply for a student loan is after you've exhausted all other financial aid options and have received your financial aid award letter from your college or university. This typically occurs in late spring or early summer. Before applying for a student loan, it's important to understand your financial aid package that includes grants, scholarships, and work-study opportunities. This will help you determine how much you may need to borrow. Consider applying for federal student loans before turning to private lenders, as federal loans often offer lower interest rates and more flexible repayment terms. A crucial step before applying for a student loan is filling out the Free Application for Federal Student Aid (FAFSA). The FAFSA opens on October 1 each year, and it's best to apply as soon as possible to maximize your potential aid. Understanding your financial aid package, considering federal before private student loans, and filling out FAFSA are key steps before applying for a student loan.
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