How to Win More College Scholarships — and Borrow Less for College

Win College Scholarships and Borrow Less for College

Knowledge Snapshot The Debt Prevention Strategy: Treat each scholarship dollar as potential borrowing avoided. At current undergraduate federal loan rates, borrowing about $5,000 can lead to roughly $6,800 in total payments over a standard 10-year repayment plan, before considering interest that may accrue and capitalize while the student is in school. Small Awards Compound: Don’t […]