I believe this article covers both search phrases. I typed in repayment of federal financial aid. It gives you advice on both. You should not borrow more than you need to. Unless you are in graduate school and are planning for residency or other requirements that maybe financially nesseceray after you graduate to complete your studies. The best way to be responsible is to fully research your financial options. Look into what it costs and what you will need for each school year. See if you can get scholarships or qualify for state and federal grants first. Talk to your financial aid counselor they may be a great asset in your search. It will reduce the amount you will have to pay back. Besides research cost nothing, loans however do. Try to clean up your credit during schooling as much as possible it can affect the loans you are eligible for too.

Kim Clark
2010
Loan Crunch May Be Easing
U.S. News &World Report
Vol. 147 May
March 24, 2011

I liked this article it shows that determination and patience is the key when pursuing grants. Looks and see if there are specific grants in the field of study chosen. In addition, make sure you completely fill out the paperwork. This article tells of federal grants for nursing but I am sure they may have grants in more areas then just that. Make sure you do research on all grants you could qualify for. You will have to show proof the money is going for your student loans. Nevertheless, it is a small price to pay. When you take into account, your cost of loans over the number of years it will take to pay back. Your final cost is a lot less by doing this.

Susan Trossman/ Bethena Wallace, BSN, RN
2010
Persistence can pay off when seeking financial assistance.
American Nurse
Vol. 42 Issue 2 Mar/Apr
March 24,