The deadline for many students across the country to make their final decision over which college they will attend is coming fast: May 1 for a majority of colleges. With so many different financial considerations, such as applying for FAFSA loans and various scholarships, choosing a school can be overwhelming.

Yahoo Finance's Rachelle Akuffo joins Wealth! to break down the financial factors prospective students should consider when making a final decision on where to attend college.

For more expert insight and the latest market action, click here to watch this full episode of Wealth!

This post was written by Nicholas Jacobino