Facts you must know before you choose a student loan

1.There are advantages in Federal loans.

2. Private colleges have higher fees.

3. Private colleges offer more financial aid.

4. Avoid loans, if you can finance your education through other means.

5. Look for colleges that offer free tuition to low-income families.

6. Look for "no-loan" colleges. These schools finance your education through grants, scholarships, work-study aid and other means.

7. Go to https://studentaid.gov/fafsa-app/ROLES and fill out the FAFSA form (Free Application for Federal Student Aid, or FAFSA).

Know what your expected family contribution, or EFC is.

Use Aidan the financial aid virtual assistant offered by the Federal government https://studentaid.gov/h/aidan. Impressive!