Student loans give needed financial assistance to people who want to attend college but can't afford it. Many colleges and universities offer many student loan options. The information in this article will help people when making important decisions about where to go to school and how to pay for it.
Choose a College Carefully. E tolu ituaiga eseese o kolisi ma iunivesite e filifili mai:
- Public colleges and universities (eg. Cuyahoga Community College, Cleveland State University).
- Non-profit colleges and universities (eg. Baldwin Wallace University).
- For-profit or "proprietary" schools (eg. Bryant & Stratton College).
In general, Ohio's public universities have the cheapest tuition for Ohio residents. For example, one semester tuition at Tri-C in an associate degree program costs as little as $1,500,[1] and one semester tuition at Cleveland State University in a bachelor's degree program costs about $6,250.[2] In contrast, one semester tuition online for Bryant & Stratton College in an associate degree program costs as much as $16,000.[3]
Choose a Loan Carefully: E lua ituaiga autu o nonogatupe a tamaiti aoga: feterale ma patino. Federal loans are regulated and issued by the U.S. Department of Education, which sets the terms and limits the interest rates. Private loans come from private lenders who set their own terms and interest rates. A'o le'i sainia so'o se konekarate nogatupe, fa'atusatusa ofo mai nogatupe 'ese'ese ona o nisi nonogatupe e sili atu le taugata nai lo isi. Fesili i taimi uma i tagata nonō tupe fesili nei:
- E fia se tupe o lo'o e nonō mai ia te a'u?
- O le a le pasene tului?
- O afea e amata ai ona "fa'atupu" (fausia) le tului?
- O afea e tatau ai ona ou amata toe totogi le nonogatupe?
- E fia la'u totogi masina?
- O a ituaiga o fuafuaga toe totogi o lo'o avanoa mo lenei nonogatupe?
- What happens if I am unable to make payments on the loan?
Tasi le aoga o feterale student loans is the option for an income-based repayment (IBR) plan for borrowers who have a financial hardship. Under IBR plans, monthly payments are limited based on the borrower's income. After a certain period of payments under an IBR plan, borrowers can also be eligible for loan forgiveness.
Manatua, nonogatupe a tamaiti aoga tatau lava be repaid, even if the student does not graduate, cannot find a job, or was unhappy with the school. Student loans are lē fa'ato'a fa'ate'a i le gaumativa.
Mo nisi faʻamatalaga i nonogatupe a tamaiti aoga, asiasi i le US Department of Education website, www.ed.gov. Another helpful website is www.studentloanborrowerassistance.org, lea e sau mai le National Consumer Law Center.
If you have problems with federal student loans, contact the Federal Student Aid Ombudsman Group. If you have problems with private student loans, contact the Consumer Financial Protection Bureau's Private Student Loan Ombudsman at www.consumerfinance.gov/complaint (kiliki ile "Student Loan").
IMPORTANT: Avoid Scholarship Scams! Many colleges and universities have limited scholarships, or money that does not need to be paid back. Find out how to apply for scholarships on a school's website or by contacting the financial aid office.
Faʻauta! Some companies claim to offer "scholarships," but they are actually trying to steal your cash, credit card number, or bank account number. Ways to protect yourself are:
- aua lava nei give your credit card or bank account number to "hold" a scholarship "” this is a scam! Real scholarships do lē fesili mo credit card po'o numera faletupe.
- Real scholarships are free. If you have to pay money to apply, the scholarship is a scam.
- If someone calls and says you were "selected" for a scholarship, but you never applied for any scholarship, this is a scam! Hang up the phone and do not provide any personal financial information.
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[1] Cuyahoga Community College, Tuition & Payment Schedule for 2022-2023 Academic Year, available at http://www.tri-c.edu/payingforcollege/Pages/TuitionPaymentSchedule.aspx. The cost is about $124.54 per credit hour for Cuyahoga County residents and about $154.08 per credit hourfor other Ohio residents.
[2] Cleveland State University, Tuition and Fees 2022-2023, avanoa ile https://www.csuohio.edu/sites/default/files/Undergraduate%20Fee%20Schedule.pdf
[3] Bryant & Stratton College, Net Price Calculator, available at https://www.bryantstratton.edu/financial-aid/net-price-calculator.
O lenei faʻamatalaga na faʻafouina ia Aperila 2024.