With fixed interest rates hovering around a thirty-year low, loan consolidation is on the tip of every borrower’s tongue. Even if you have not already consolidated your student loans, you’ve probably got a few friends who have and you’re likely considering it for yourself. Before you leap to refinance, though, take a look at this [...]
It’s never too late to save for your children’s education. Even if your child is a teenager, save as much money as you can until they are ready to attend college. One way to save is with a 529 college savings plan. A 529 college savings plan is an investment plan that puts money aside [...]
The EFC, or Expected Family Contribution, is the cornerstone of the financial aid awarding process. For federal aid eligibility, your EFC will be determined from your FAFSA application. If you are not aware of the questions that affect your EFC, you may inadvertently make an error on your FAFSA that could have a serious impact [...]
Student Financial Aid Resources and the Internet – A few caveats about internet use can reduce your risk of falling victim to identity theft or scholarship fraud. What every student should know. There are a plethora of internet sites touting their financial aid prowess. As in all things related to internet usage, seeking financial aid [...]
It’s a rare college student who does not have to assume student loans. If student loan debt is in your future, now is the time to educate yourself on your rights and responsibilities. New changes to the student loan program make it necessary for student loan borrowers to educate themselves on their rights and responsibilities. [...]