ERIC Number: ED401818
Record Type: Non-Journal
Publication Date: 1995-Nov
Reference Count: N/A
Paying for College. A Guide for Parents and Their Children.
Student Loan Marketing Association, Washington, DC.
This booklet is designed to help prospective college students and their parents estimate college expenses, understand the financial aid process, become educated consumers of financing alternatives, and manage the repayment of education loans. It provides worksheets on how to figure direct and indirect college costs and how to save for college, including various investment choices. The booklet explains various types and sources of student financial aid, along with application and eligibility requirements. Specific information on Federal Perkins Loans, subsidized Stafford Loans, unsubsidized Stafford Loans, Federal Plus Loans, and private or institutional loan programs is provided. A comparison of loan repayment options, including the standard repayment account, Select Step account, income sensitive repayment account, and Smart Loan account, is provided. (MDM)
Descriptors: College Bound Students, Federal Aid, Financial Needs, High Schools, Higher Education, Loan Repayment, Paying for College, Student Costs, Student Financial Aid, Student Loan Programs
Sallie Mae, 1050 Thomas Jefferson St., N.W., Washington, DC 20007-3871.
Publication Type: Guides - Non-Classroom
Education Level: N/A
Audience: Students; Parents
Authoring Institution: Student Loan Marketing Association, Washington, DC.
Identifiers - Laws, Policies, & Programs: Perkins Loan Program; Stafford Student Loan Program