After accounting for all of the financial aid that does not require repayment, like grants and scholarships, how should I prioritize the various educational financing options that are available?
The good news is there are many options. You should first consider options that require the least amount of interest, finance or other charges. At the same time, you relate the amount of these options to your financial circumstances and understand that the options with lower/lowest charges often have more demanding payment schedules. Generally speaking, prioritize based on total cost, repayment options, and flexibility.
Related Questions
- After accounting for all of the financial aid that does not require repayment, like grants and scholarships, how should I prioritize the various educational financing options that are available?
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