Federal Loans Archives - Page 3 of 3

What Could You Do With That Loan Money?

If you didn’t have to pay back your student loans there are a lot of things that you could do. In fact, you might be surprised at just how much that money is going to add up to be. For example, did you know that the average student will have to pay back around $183 every month to pay their student loans within 20 years? That’s a lot of money borrowed and it’s actually going to amount to over $18,000 worth of interest being paid. What could you do with that money? […]

By Sam R|November 2nd, 2014|Federal Loans|Comments Off

What Should You Do With Your Student Loan?

Just about anyone who goes beyond community college (and even some that only do community college) will need to get a student loan. These loans will likely be for different amounts but you can still get that loan. You’ll also have an opportunity to get different amounts for your loan as well. You can choose [...]

By Sam R|October 7th, 2014|Federal Loans|Comments Off

Compare Private Student Loans to Federal Stafford Loans

Developing a plan to pay for college is a daunting task. The differences between the various student loan choices can be confusing. Two regularly considered choices are private student loans and Parent Plus Loans. Before comparing these two loan options Jim Holt and Steve Wynne of Student Choice suggest that all students do the following: […]

By admin|December 31st, 2013|Federal Loans|0 Comments

Planning Ahead: Graduation, Grace Periods And Loan Repayment

If you're asking yourself “how long do I have after graduating to start paying back my student loan,” you’ve got the makings of a financially solid adult. Too often graduation comes faster than anyone expects, even though it seems like it can be forever when you’ve got midterms looming in front of you. Or, outside pressures make it necessary to drop below full-time student status or take a leave of absence from school altogether. Either way, the day will come when you have to repay your student loan. […]

By admin|June 27th, 2013|Federal Loans|0 Comments

Federal Supplemental Educational Opportunity Grant (FSEOG)

The Federal Supplemental Educational Opportunity Grant–or FSEOG–is often confused with the Pell Grant. The two grants are not one and the same. However, they do work in conjunction with each other. People who receive Pell Grants are first in line to receiving a FSEOG. Like a Pell Grant, it doesn't need to be paid back. […]

By admin|May 9th, 2013|Federal Loans|0 Comments

Student Loan Debt Affects Parents

With student loan debt at an all-time high, it’s a no-brainier that students themselves are struggling to make ends meet while plodding towards their higher education goals credit by expensive credit. However, behind the scenes, parents are often the ones who shoulder the majority of the responsibilities and it’s important to recognize their role. […]

By admin|February 19th, 2013|Federal Loans|0 Comments

10 Tips on Student Loans

Planning for college can be a daunting task for most people. With the costs of a college education on the rise, more and more people are turning to student loans to help them cover the costs. These loans come in several forms, but are basically broken down into two groups: federal and public loans, each with its own advantages and disadvantages. But regardless of where the loan comes from, there are a few things to keep in mind when applying for these loans: […]

By admin|February 11th, 2013|Federal Loans|0 Comments

Will Obama or Romney Be A Better President For Students With Crushing Debt?

Compare the best loan consolidation rates – Here [socialpoll id=”2365″] Election season is in full tilt and unless you have been hiding from television and social media you know that the lines have been firmly drawn over many issues. Among the top issues like healthcare and the economy we find the student loan debate. Both candidates have very different views and in this article we will take a look at some of the finer points to see just where each candidate stands on THE Student loan debate. […]

By admin|October 21st, 2012|Federal Loans|2 Comments

9 Musts To Qualify For Federal Student Aid Without a Cosigner

The best way to get a student loan without a cosigner is to apply for federal student aid. You do not need a cosigner or a credit history to apply for a federal student loan, but must meet a few other requirements. You must […]

By admin|October 18th, 2012|Federal Loans|0 Comments

Stafford Loan Limits

Stafford loan are fixed rate student loans specifically for undergraduate students in universities or colleges and are participating in direct loan program. This kind of loan can be used in tuition payment and also other eligible school expenses. The loan is not based on credit. The student loan can be subsidized or unsubsidized it depending on the financial needs. […]

By admin|September 21st, 2012|Federal Loans|0 Comments

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