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What you should know about student financing

Tuesday, September 22, 2015
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What you should know about student financing
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Once you've zoned in on a few potential grad schools you'd like to attend, the application process isn't the only thing you need to worry about. Discovering and weighing your financial options is another stressor. However, going in with the proper knowledge can make the process a lot easier. Here's what you should know about student financing during your application process.

Get to know your loan
If you have to take out loans for graduate school, make sure you completely understand their ramifications. How much do the loans cover? When are you expected to pay them back? What's the interest rate? Answer these questions before accepting any loans.

Learn about financial aid disbursement
Find out how each potential school plans to disburse your financial aid. Will it be in monthly segments or all at once? Or will you be reimbursed at the end of the semester? Learn what each plan is and discover which works best for your financial situation.

Get to know the financial package
Learn what's covered by the package your potential college is offering. Aside from tuition, are costs of books, student activities and other campus programs taken care of, or do you have to worry about those expenses yourself?

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Queens College
Queens College offers more than 100 master's degrees and advanced certificates in the liberal arts, sciences, social sciences, and teacher education.
www.qc.cuny.edu