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Financial Aid Debit Cards

When you think of financial aid, usually such things as your college financial aid office, the FAFSA and a university-based financial aid account come to mind.  However, did you know that over half of community and state colleges disburse financial aid money (loans, grants, etc.) in a different way?  It’s true; these schools join forces with outside institutions to provide financial aid debit cards to college students.  Sounds pretty handy, right?  Wrong.  According to new research, this method of providing aid is actually more troublesome and prone to increasing student debt. While it’s convenient to have your financial aid funds… Read more here!

Categories: Financial Aid | Grants | Student Loans
Tags: financial aid financial aid debit card financial aid disbursement student loans

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