Organizing Your Documents

Organization can go a long way in managing your funds. Each year, create a folder titled "Financial Aid."

Keep in it all forms, letters, award offers, bill printouts, and related financial aid documents. The various documents you receive will provide crucial information on your financial aid and your obligations. Loan paperwork, in particular, will provide eligibility information, when and how you will begin repayment, and details on your accumulated debt.

By keeping all of your financial aid information at ready reference, you can more easily answer questions you may have about the process.

Monitor your aid award and eBill. Keeping track of your finances each term will avoid late fees and other penalties.