Important Tips on Financial Aid from the staff at Scholarship Hunter:  When students and families are looking smart ways to pay for college or graduate school, free and easy college scholarships will rarely meet all of their needs. The next place to look are the financial aid programs offered by the federal government. Low-cost Federal Stafford Loans for should be the first option for all new undergraduate and graduate students seeking a low-cost federal loan. To learn more about your financial aid options, be sure to consult your school's financial aid advisor.