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Your Top 10 College Questions, Answered As college looms large, we know you've got about a million questions floating around your cranium. So we picked 10 of the most pressing college questions and answered 'em. Enjoy! A Loan De-Briefer You Can Understand Before you sign anything that will cause financial frustration in the future, take CollegeBound's crash course in college cash borrowing and financial aid. Financial Aid Facts and Fiction It's all about the Benjamins, isn't it? Love might not cost a thing, but college certainly does. Money, or the lack of it, is a huge factor in determining which college to attend. And although financial aid is available, many students don't think they can get it. Read on to discover seven of the biggest misconceptions out there about aid, and the real deal on how to score it. The Ins and Outs of Claiming Financial Aid Independence Are you an independent student or a dependent student? Read these FAQ to learn more about your FAFSA student status for federal financial aid. Should You Claim Your Independence? Paying for college can be difficult, but can claiming financial independence help ease the burden? We spoke with Michael O'Brien, CEO of FinancialAid.com, for the lowdown on whether or not you should assert your financial independence. Colleges Care: How They Are Helping Students Afford Tuition In these tough economic times, the cost of college can be downright overwhelming. Check out these new financial lifelines created by colleges to ensure that all students have access to higher ed. Families Face Fierce Competition for Student Aid: Season Starts with Sharp Increase in Demand The student financial aid season started January 1, and early indications are that competition for the estimated $144 billion of federal, state, and institutional aid is likely to be fierce in the 2009-10 academic year. How Schools Are Reaching Out to Students Affected by the Credit Crunch Here's a statement upon which both Obama and McCain would agree: Young intellectuals dropping out of college in our current economic crisis will only weaken the economy in the long run. Colleges concur, and are finding ways to ensure that students survive the credit crunch. 10 Things You Need to Know About the New Higher Education Opportunity Act Assuming you won't sit down and read the Higher Education Opportunity Act of 2008 (it's 1,158 pages!), here are 10 things you need to know about the new law. School Yourself on Student Loan Options No matter your financial situation (unless you're super rich, that is), there's a good chance a portion of your education will be financed by student loans. Guess now is a good time to school yourself on the student loan lowdown, huh?! Here's a breakdown of loan types to get you started... |