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Paying for College
According to a recent national survey by Morgan Stanley, more than
half of American families planning to send their children to college
have not started saving for it. Even if you are already saving for
your child’s college education, chances are, it won’t
be enough.
Fortunately, savings isn’t
the only way to pay for college.
- Free
money: Your child may qualify for free money—financial
aid, such as grants, scholarships and work-study, that
does not have to be repaid.
- Student
loans: After exhausting free money options, most
families turn to federal student loans to fill the college
funding gap. Learn more about federal loan programs,
and how Federal
PLUS and Private
loans can help make college more affordable.
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