Terms, interest rates and repayment policies vary. Comparing Financial Aid Award Offers from Different Schools Compare like terms. Pay attention to the real bottom line. Don't assume the school that has the lowest cost of attendance will be the most affordable. The aid offered will influence affordability.
Compare loan offers.
Interest rates, how interest is compounded and repayment terms vary widely from loan to Loan. Also compare the kinds of loans you are offered. Subsidized - the federal government pays interest while you are in college. Unsubsidized - the interest begins to accrue from the moment the loan is dispersed. This fair provides an opportunity to speak with admission representatives from Lutheran colleges and universities all over North America.