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Web Extra: Finding the Right Financial Aid

Monday, 18 Aug 2008 | 9:00 PM ET
OTM Web Extra
CNBC's Carmen Wong Ulrich helps viewers manage their personal finances in this CNBC.com Web Exclusive.

Alex has student loans coming due soon and is wondering the best process for paying them off. Amy is unemployed but has hundreds of thousands in savings and is looking to get the best financial aid possible for her children. Should they apply for federal aid or take a loan out directly from mom?

Watch the video to find out what Carmen and the Money Desk advise for these callers and the many Americans in similar situations.

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