Financial Aid 101 

Getting accepted to the college of your choice is a huge accomplishment - but then comes another big decision. How will you pay for college? We're here to walk you through the basics of paying for your higher education.


Before you apply for a private student loan, you should take steps to get the most money possible from scholarships, grants, and Federal loans. Completing your FAFSA is the first – and most important – step in the financial aid process. The tools on this page will help you make educated decisions about funding your college education.


The Free Application for Federal Student Aid (FAFSA) is your gateway to federal student loans, the cheapest form of student loans for most borrowers. You must complete this form to receive federal, state, or college money, and some scholarships and grants require it as well. The FAFSA asks basic information regarding the borrower's income, dependency status, and savings to determine financial need. It is important to fill this form out as early possible. For more information on the FAFSA, visit and check out these resources available from iGrad:

iGrad Financial Literacy

Student Choice has partnered with iGrad to offer you the best modern financial education tools and resources available so you can make informed decisions about college financing options and your personal finances.

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How Much Can you Afford?

Will you be able to afford your loan payments when you graduate? How much will your payments be? Could you save money by refinancing your student loans? Use these calculators to get an estimate.

Refinancing Your Student Loans

Refinancing your student loans can be a great way to consolidate payments and potentially save money on interest over time. However, refinancing isn’t the best option for everyone. Review these articles to learn more about the pros and cons, then visit our Student Loan Refinance page for more program details.

College Access Counselor

For help completing your FAFSA, interpreting your award letter, or decoding financial aid lingo, we’ve got you covered. Our College Access Counselor provides personal, one-on-one consultation for all of your financial aid questions. So whether you’re a parent, high school student, or college graduate entering loan repayment can all get, our counselor can walk you through the necessary steps to make smart decisions about paying for college – and beyond.