Borrowing Tips
Never borrow more than you need.
An education loan may be an option you have, but make scholarships, grants, savings, and money you earn your first choice in paying for college.
Budget before you borrow.
Using a budget will help you plan and limit your borrowing. A budget also helps you think ahead, so you can retain enough borrowing power to help pay for things you may need after college, such as a car or furniture. Many helpful budget guides can be found in bookstores or online.
Stay in touch with your lender.
Open your mail and read all correspondence related to your loan! Do not leave mail unopened. You may miss important information and deadlines. Keep your official loan documents and other important information organized.
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