November is National Scholarship Month! It’s the perfect time to amp up your search for scholarships, and you can start here. Our new short-essay scholarships are the latest way we are helping students like you get the money you need to cover your college expenses.
We’re giving away two $2,500 awards this month, and there’s still time to enter! Submit your essay by November 23 for your chance to win. LEARN MORE >>
Congratulations to those who completed the FAFSA®! Now it’s time to focus your energy on getting additional money for college while you wait for your financial aid award letter for the 2019-2020 school year. LEARN MORE >>
Borrow less for college by exhausting these funding options first:
If you still have gaps in your college funding, you may want to look into private student loans. Consider lender interest rates, terms, and benefits when selecting a lender. Visit our lender comparison page to get started. LEARN MORE >>
Life after graduation gets expensive, especially when student loan bills are added to the mix. Student loan consolidation or refinancing is an option to help manage your budget. Refinancing can also help by…
Check to see if refinancing is right for you? Check here!
I'm unsure about college still. If I apply for FAFSA®, and I get the money already, what happens to it if I decide I don't want to go to college anymore?
Completing the Free Application for Federal Student Aid (FAFSA®) does not mean you are awarded money right away. The information provided on the FAFSA is shared with your prospective colleges and you will only receive financial aid monies from the school where you decide to enroll. It is not uncommon for some individuals to complete the FAFSA in order to determine what amount of financial aid they will be awarded to see if they can afford to attend college.
Now if you decide to attend college, enroll, receive financial aid funds and then decide to withdraw, there could be some financial consequences. When you withdraw from a school, there are two withdrawal policies that could impact you.
It is okay if you are unsure about college right now. It is always best to wait until you are ready, because withdrawing from school could have some financial consequences.
Best of luck!
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