Almost $122 billion of financial aid was distributed during the 2003-04 school year, with an average award of $10,472 per full-time student. Of that total, approximately 56% was loans and 38% was grants (Source: Trends in Student Aid, 2004). With so much money at stake, you should understand... more
By Paula Pant Wiseradvisor Contributor College is an exciting time, but it's also an expensive time. With the average debt for graduating seniors hovering around $29,000 (according to CNN), every incoming freshman should be taking a crash course in College Finances 101. So before you hit the... more
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