Archive News -- In the wake of the growing awareness that in America student loan debit has surpassed credit card debt, the United States Department of Education is currently offering the possibility to consolidate your Federal Student Loans into a Special Direct Consolidation Loan. This offer became available in January of 2012 and ended on June 30 of 2012. Who to Contact … [Read more...] about Special Student Loan Consolidation Opportunity
college financial aid
Have you finished the online Free Application for Federal Student Aid? If not, what are you waiting for? It is true that your Expected Family Contribution (EFC) will be the same no matter how long you wait, but if you procrastinate too long you could lose other financial aid funding. The most needy students as defined by each college, gets a Federal Student … [Read more...] about Early Financial Aid Application Gets the Prize
What Is Financial Aid? With today's increasing college costs, traditional funding from personal and family savings may not be enough. Many students will have to rely on outside sources to help finance their post-secondary education. There are many sources of aid available to students and their families - grants, scholarships, loans, internships, work-study, as well as other … [Read more...] about Introduction to Financial Aid
Student loans are a wonderful and useful tool that you can use to support your college education. The problem is, many students and parents are borrowing to fill in their lifestyle gap and that is not what it was meant to do. Do not borrow more than you absolutely NEED to go to college. On the other hand, you need to borrow enough that you can reduce the hours you work … [Read more...] about To Borrow or Not to Borrow that is the Question
This is a question that many students have a most do not like the answer. The federal government considers you a dependent student until the age of 24. Financial aid was designed to fill the gap between what the federal government expects the family to contribute (EFC) toward the students' education. Reality may often be different from this calculation. If a student moves … [Read more...] about Apply for Financial Aid as Dependent or Independent?