Many of you are eligible to receive loan money. These questions are important as you consider what to borrow. It is not easy to think about. Your main priority is to be a student. To be one, you have to pay for your education semester by semester.
Loans serve a good and useful purpose, when needed.
There is concern in the student aid community that borrowing, when necessary, should be done with an eye to the future. Pre-loan counseling is required in the form of an Entrance Interview. It is for your benefit. Crimp your life-style in your college years, so you won't have to later. Default rates are growing for unpaid educational loans.