ABC’s of financial aid

15 Nov

The language of financial aid can be confusing!

The language of financial aid can be confusing!

Are you completely confused by the language of financial aid?

Do you know what these terms mean? Data Release Number. Student Aid Report. Direct Subsidized Loans. Direct Unsubsidized Loans. Direct PLUS Loans.

This helpful glossary defines the terms used by the U.S. Department of Education.

If filling out a Free Application for Federal Student Aid (FASA) is a new experience for you, I’d suggest you print this out and refer to it as you might need. The website has all the information you need. Take time to read through the various links carefully so that you understand what the process is, what your obligations in seeking financial aid are, and how financial aid can help you reach your educational dreams.

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