Unfortunately, many students end up accepting loan-heavy financial aid packages in order to finance their college education. Such packages bridge the difference between a school?s cost of attendance and a student?s means mainly with funds that require repayment.
As I?ve previously mentioned, you don?t want to borrow huge sums to pay for college; doing do can counteract many of the benefits of a college education.
So, how can you avoid such a scenario?
The best way to reduce your need for student loans is to be offered more grant and scholarship aid (i.e., free money) by colleges.
Aside from the obvious way of doing this (i.e., get awesome grades and high test scores) you can look for ?mutual? fits on your school list: colleges that want you on campus just as much as you want to be there. Such schools are likely to offer better aid packages than those that are less enthused by your characteristics and credentials.
Click here to learn more about avoiding student debt on the College Planning Blog.
Source: http://in.princetonreview.com/in/2012/09/how-to-reduce-your-need-for-student-loans.html
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