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ERIC Number: ED390337
Record Type: Non-Journal
Publication Date: 1995
Pages: 30
Abstractor: N/A
Reference Count: N/A
What To Know BEFORE You Owe. Student Loan Basics.
Haas, Patty
This booklet, designed to help Colorado higher education students make informed decisions about undertaking educational loans, contains information on determining a reasonable debt level, budgeting future expenses, and available loan programs. Following an introduction, Part 1 introduces the reader to the basics of educational loans including rights and responsibilities in choosing a school (includes a detailed list of questions to ask before enrolling), determining costs and planning financial strategies (with a sample worksheet), how to apply for federal financial aid (described in six steps), and description of student loan programs: Federal Stafford Loans, Federal PLUS loans, and Federal Supplemental Loans for Students. Part 2 addresses debt management strategies and covers such topics as how to be an informed borrower, sample expected entry level salaries, how to estimate a reasonable debt level based on a typical out-of-school budget, examples of repayment schedules, and sample worksheets for calculating how to balance repayment with various combinations of income and expenses. A glossary of financial aid terms is also included. (JB)
CSLP-Marketing Department, 999 18th St., Denver, CO 80202-2440 (free).
Publication Type: Guides - Non-Classroom
Education Level: N/A
Audience: Students
Language: English
Sponsor: N/A
Authoring Institution: Colorado Student Loan Program, Denver.
Identifiers - Location: Colorado
Identifiers - Laws, Policies, & Programs: Family Education Loan Program; Stafford Student Loan Program