For most Americans headed to college, taking out a loan to pay for college is a necessity. But once you get into the weeds of learning about the different types of loans, things can get confusing.

You’ve experienced the joy of deciding which college you’ll be attending in the Fall, and now it’s time to determine how you’re actually going to pay for attending.

If your child is about to be college age, it’s likely you’ve been thinking about how to pay and budget for college.

When you’re filling out the Free Application for Federal Student Aid (FAFSA), you may think that you and your family’s income is all that matters in determining how much aid you’ll receive to pay for college.