{"id":957250,"date":"2026-05-01T13:14:07","date_gmt":"2026-05-01T17:14:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/college-decision-day-is-here-what-students-and-families-should-know-about-paying-for-college\/"},"modified":"2026-05-01T13:14:07","modified_gmt":"2026-05-01T17:14:07","slug":"college-decision-day-is-here-what-students-and-families-should-know-about-paying-for-college","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/college-decision-day-is-here-what-students-and-families-should-know-about-paying-for-college\/","title":{"rendered":"College Decision Day Is Here: What Students and Families Should Know About Paying for College"},"content":{"rendered":"

<\/p>\n

College Decision Day Is Here: What Students and Families Should Know About Paying for College<\/b><\/p>\n

Sallie Mae Shares Guidance to Help Students Make Confident, <\/i><\/b>Informed College Financing Decisions <\/i><\/b><\/p>\n

NEWARK, Del.–(BUSINESS WIRE<\/a>)–
\nHigh school seniors across the country are celebrating College Decision Day<\/a> by making the long-anticipated commitment on where to attend college this fall. For many families, however, the decision isn\u2019t only about where to go\u2014it\u2019s also about what that choice means financially and for long-term success.<\/p>\n

\nCost remains one of the most influential factors in college selection<\/a>, but it doesn\u2019t tell the whole story. Families are also weighing overall fit and outcomes. Sallie Mae<\/a> offers the following guidance on what to consider when choosing a college, university, or program after high school:<\/p>\n

    \n
  1. Start with outcomes in mind.
    \n
    <\/b>Families should consider academic support, campus engagement, and career resources, along with     outcomes<\/a> like graduation rates, career paths, and earnings by major. Finding the right fit can help students stay engaged, motivated, and on track to finish strong. Comparing schools<\/a> and programs based on outcomes can help lead to smarter, more confident decisions.<\/p>\n<\/li>\n
  2. Understand the full cost.
    \n
    <\/b>The true cost of college includes tuition, housing, meals, books, transportation, and everyday expenses. This is the moment to review     financial aid offers<\/a> carefully to understand what\u2019s free and what needs to be repaid. A clear view of financial aid helps families plan realistically and avoid surprises later.<\/p>\n<\/li>\n
  3. Go after free money \u2013 and keep it in play.
    \n
    <\/b>Scholarships and grants can significantly lower out\u2011of\u2011pocket costs. Applying early and often\u2014even for smaller awards\u2014can add up over time and reduce how much students need to borrow. Free tools like     Scholly\u00ae Scholarships<\/a> can help students find and apply for thousands of scholarships aligned with their interests, background, and goals.<\/p>\n<\/li>\n
  4. If there\u2019s a gap, borrow smart.
    \n<\/b>
    After     scholarships<\/a>, grants<\/a>, and federal financial aid<\/a>, some families may still have a funding gap. Explore all options and borrow only what’s needed. A responsible private student loan<\/a> can help families cover remaining costs.<\/p>\n<\/li>\n<\/ol>\n

    \n\u201cCollege Decision Day is exciting, but it\u2019s also when big-picture decisions come into sharper focus,\u201d said Rick Castellano, Vice President, Sallie Mae. \u201cAs students and families approach this next chapter, understanding not only the full cost of college but also considering goals after graduation can go a long way in setting students up for success now and in the future.\u201d<\/p>\n

    \nFor additional free college planning tools and resources visit Sallie.com<\/a>.<\/p>\n

    Sallie Mae<\/b> (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com<\/a>. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.<\/p>\n

    \nCategory: Financial Literacy<\/p>\n

    \"\"<\/p>\n

    View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260501901429\/en\/<\/a><\/span><\/p>\n

    \nCaron Jackson
    \n
    302.304.3041
    \n
    caron.jackson@salliemae.com
    \n<\/a><\/p>\n

    KEYWORDS:<\/b> Delaware United States North America<\/p>\n

    INDUSTRY KEYWORDS:<\/b> Personal Finance Teens Parenting Finance Professional Services Other Education University Consumer Education<\/p>\n

    MEDIA:<\/b><\/p>\n\n\n\n\n
    Logo<\/b><\/font><\/td>\n<\/tr>\n
    \"Logo\"<\/td>\n<\/tr>\n
    <\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

    College Decision Day Is Here: What Students and Families Should Know About Paying for College Sallie Mae Shares Guidance to Help Students Make Confident, Informed College Financing Decisions NEWARK, Del.–(BUSINESS WIRE)– High school seniors across the country are celebrating College Decision Day by making the long-anticipated commitment on where to attend college this fall. For many families, however, the decision isn\u2019t only about where to go\u2014it\u2019s also about what that choice means financially and for long-term success. Cost remains one of the most influential factors in college selection, but it doesn\u2019t tell the whole story. Families are also weighing overall fit and outcomes. Sallie Mae offers the following guidance on what to consider when choosing a college, university, or program … <\/p>\n

    Continue reading “College Decision Day Is Here: What Students and Families Should Know About Paying for College”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-957250","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCollege Decision Day Is Here: What Students and Families Should Know About Paying for College - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/college-decision-day-is-here-what-students-and-families-should-know-about-paying-for-college\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"College Decision Day Is Here: What Students and Families Should Know About Paying for College - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"College Decision Day Is Here: What Students and Families Should Know About Paying for College Sallie Mae Shares Guidance to Help Students Make Confident, Informed College Financing Decisions NEWARK, Del.–(BUSINESS WIRE)– High school seniors across the country are celebrating College Decision Day by making the long-anticipated commitment on where to attend college this fall. For many families, however, the decision isn\u2019t only about where to go\u2014it\u2019s also about what that choice means financially and for long-term success. Cost remains one of the most influential factors in college selection, but it doesn\u2019t tell the whole story. Families are also weighing overall fit and outcomes. 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