Becoming Financially Fit Controlling
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Getting an Education
How do I evaluate schools?

Evaluating Schools
The following questions will help you evaluate where to go to school:
Does the school offer the type of program and courses you want?
Does the school offer services you need and activities you’re interested in?
What are the school’s graduation and transfer rates? A school is required to disclose this information to prospective students.
What percentage of recent graduates is working in their chosen field of study?
What is the school’s loan default rate? In other words, what percentage of students who took out federal student loans later failed to repay their loans on time (also known as "defaulting" on their loans)? You might not be able to get federal aid for a school that has a high default rate.
What kind of crimes happen on campus, and what programs are in place to protect your safety? The school must provide you with a summary of its annual security report. The U .S. Department of Education posts crime statistics for many schools at www.ope.ed.gov/security.
What financial aid is available at the school? Ask for specifics such as the types of aid available, how to apply, how recipients are selected, plus how and when aid will be received.
What are the school’s refund policies? If you enroll but change your mind or are not able to finish a class, can you get some of your money back?

Source: 2007 Consumer Action Handbook; www.consumeraction.gov


How Financially Fit Are You? Find out now!
What is credit?
What does "good credit" mean?
I want to read my credit report.
What is a credit score?
 
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