A common question students have is how they can manage their debt and their financial aid. Unfortunately when you fill out the FAFSA form there is no place to put down the amount of debt you owe. The form basically wants to know about your income, your family's income and assets. Non-traditional students may already have a substantial debt of some kind. It is wise to seek … [Read more...] about Debt and Financial Aid
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Finding Financial Aid for Graduate School
You may already be overwhelmed by undergraduate school loans to the point that you don't even want to think about graduate school but finding aid for graduate school can be done! How much financial aid will largely depend on what field you are going into. For instance, there are more assistantships and fellowships available to students who are pursuing a post secondary … [Read more...] about Finding Financial Aid for Graduate School
To Borrow or Not to Borrow that is the Question
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
How to Reduce Your Student Loan Burden
Conventional wisdom has always held that student loan debt is "good debt". Meaning it is debt taken out for a long-term investment - like a mortgage on your home, which will pay dividends in the future. What kind of dividends? Well, we know, for example, that college graduates make an average of one million dollars more over their life-time than non-college … [Read more...] about How to Reduce Your Student Loan Burden
The Guaranteed Student Loan
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. New student loan borrowers are required by … [Read more...] about The Guaranteed Student Loan