Assessing how much you need to borrow to pay for school is a task you’ll probably have to figure out every year to ensure you cover all of your college expenses. All you need to do is follow a few steps to help you calculate your financial needs.



The interest rate is important because it influences the overall cost of the loan. Understand the differences between fixed and variable interest rates to determine which is right for you.


Depending on your family’s financial situation, federal aid may cover some or all of your student’s tuition, housing, books, supplies and other college expenses. While some types of aid, like student loans, need to be repaid with interest, grants and work-study earnings do not need to be repaid. Qualifying for…

PLATTSBURGH,NY - MAY 22 : The State University of New York at Plattsburgh, also known as SUNY Plattsburgh on may 22nd,2015.The college was founded in 1889 and opened in 1890 and has 6350 students

When it comes down to it, the big question on every college-bound family’s mind is: how much is college going to cost? The answer to that question varies from hundreds of thousands of dollars to nothing at all. Somewhere in the middle lies the real answer for the majority of…

Young student girl sitting outdoor near the college with tablet in hands

Students and families are eager to reduce their cost of college spend time finding and applying for outside scholarships awarded by private companies. While many think that scholarships are available only for those with significant academic or athletic achievements, there seemingly endless other ways to win scholarships, from those honoring…