Student Loans & Scholarships: What to Know in 2025
by Chelsea Hagon, Financial Aid Specialist
1. Federal vs. Private Student Loans
When planning for college, understanding the difference between federal and private student loans is crucial. Federal loans usually offer lower interest rates and more flexible repayment options, while private loans can help fill in the gaps but often come with stricter terms.
In 2025, more students are turning to federal loans first, and using private loans only when absolutely necessary. Always exhaust your federal aid options before considering private lenders.
2. Finding Scholarships in 2025
Scholarships remain one of the best ways to reduce college costs. In 2025, there are more online resources than ever to help you find scholarships that match your background, interests, and goals.
Start your search early, keep track of deadlines, and don’t overlook local or niche scholarships—they can add up quickly!
3. Tips for a Successful Application
Applying for aid can feel overwhelming, but breaking it down into steps helps. Gather your documents, fill out the FAFSA as soon as possible, and double-check your applications for errors.
Remember, College Aid Desk is here to help you navigate the process and answer your questions along the way.