The U.S. Department of Education announced today a new interactive loan counseling tool designed to help college students manage their debt.
Known as "The Financial Awareness Counseling Tool", the site will help students determine both their current level of debt and get an estimate of what their total debt will be upon completion, among other features.
The Department also plans to release a model financial aid shopping sheet in the coming weeks. This new tool will help students and their parents more easily determine the actual cost of attending college.
The Financial Awareness Counseling Tool can be accessed through StudentLoans.gov at Student Loans
posted by Sandy Connolly 7/11/2012 at 4:42 PM