The Hidden Truths of Student Loans

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The Hidden Truths of Student Loans

Understanding all the ins and outs of student loans can be confusing. But, it doesn't have to be. These are some important facts you should know if you take out loans.

Your Responsibilities

Many people assume that dependency status for student aid purposes is the same as that for income tax purposes. However, this is not true. The FAFSA® uses different criteria.

Never sign on the dotted line until you completely understand what you are agreeing to! If you take out student loans, you do have rights and responsibilities that you may not be aware of. It is important to educate yourself now, so you know what to expect in the future.

Check out your responsibilities.