Financial Aid - TERRIBLE idea?

sk8rmom
Fri, 01 May 2009 09:37:27 +0000

[FinAid | Calculators | Loan Calculator](http://www.finaid.org/calculators/scripts/loanpayments.cgi)

A $30,000 loan balance would only require payments of $345/month for 10 years. Not too much for most people. The amount of loans could be reduced if you file FAFSA and your state grant aid applications, work part time, and make sure you’re taking advantage of the tax credits and deductions offered. Do your parents contribute or claim you as a dependent?