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As Michiganders prepare for the upcoming fall semester and begin paying their college tuition bills, the Michigan Department of Treasury’s MI Student Aid Team is asking students and their families to be alert and informed when considering student loans.
“More and more, students and families have to cover a considerable amount of their higher education costs,” said Robin Lott, director of the Office of Postsecondary Financial Planning. “When student borrowers become financially empowered, they can better understand how to manage and leverage the financial aid they receive.”
To make the best decision regarding student loans, the MI Student Aid team recommends seven financial aid best practices tips:
— Complete the Free Application for Federal…