Set out to plan your college financial aid strategy and you might immediately discover yourself in a confusing maze of student loan companies, college and university aid information, and a dizzying array of federal, state and private loans you’ve never heard of. Take a few basic steps first; test the water and find out where exactly your most affordable and trustworthy college loans begin.
The online Kansas Board of Regents (KBOR) is designed just for Kansas students and parents. Here you can be confident is information on undergraduate and graduate student loans you can trust. That’s important.
Don’t expect KBOR to lend money directly to you. Some state governments do that, but in this instance you leverage the know-how this agency provides to make best decisions. You’ll find:
Your very first step when it comes to planning your student loan strategy is to apply for federal loans by filling out the FAFSA (Free Application for Federal Student Aid). Then you can debunk the various details about the different federal loan types. Uncle Sam will decide for which you qualify—so don’t worry about that. But here are the basics on what you could possibly find in your final federal award:
Find out more about federal student loans.
The state does not offer a private or alternative loan, but if you need it you will have no shortage of lenders. Word of caution: private student loans should be a last resort—after federal loans, after any scholarships and grants. Only borrow exactly what you need and nothing more.
For more information on Kansas student loan opportunities visit the KBOR website.