financial aid Archives - Page 4 of 5

How Much Financial Aid Can I Receive for my Education?

The amount of financial aid you are eligible to receive depends on your Expected Family Contribution (EFC). The Free Application for Federal Student Aid (FAFSA) uses the Federal Need Analysis Methodology to determine your status (private institutions often use Institutional Methodology). You can get a basic estimate of your EFC and through the FAFSA website and numerous other online calculators. Calculation forms will include the following: […]

By admin|April 11th, 2013|Applying for Loans, Investing|0 Comments

Student Loan News – April 05, 2013

Here are the best articles from around the web this week talking about student loans… For the week ending Friday April 05, 2013 Student Loan News: 1. Student loan debt collectors may lose out on commission rates: Private collection agencies and the U.S. Department of Education remain unclear about the specifics on their new contract conditions that began in March to limit private debt collection agency commissions. According to a representative of the U.S. Department of Education, who wished to remain on background, private debt collectors may now receive a smaller commissions on defaulted federal student loan borrowers they persuade to make loan payments. […]

By Tuhin Jubayed|April 4th, 2013|Weekly Resources|0 Comments

Student Loan News – March 29, 2013

Here are the best articles from around the web this week talking about student loans… For the week ending Friday March 29, 2013 Student Loan News: Student loans: attacking the debt and keeping cash in your pocket: As America’s graduating class of 2013 anticipates the end of the semester, many will immediately be faced with real-world issues that include job searching, 40-hour workweeks, housing decisions or further education depending on the route that each individual decides to take. Regardless of any post-undergraduate pursuits, the majority of students will soon be faced with the challenge of repaying student loans. […]

By Tuhin Jubayed|March 29th, 2013|Weekly Resources|0 Comments

Student Loan News – March 22, 2013

Here are the best articles from around the web this week talking about student loans… For the week ending Friday March 22, 2013 Student Loan News: 1. Study the Details to Ace Student Loan Forgiveness: Now is nail-biting season for high school seniors as they wait for acceptance letters from colleges. And, since most kids aren't budding Nobel Prize or Heisman Trophy winners, now is also a stressful time for parents as they try to figure out the best way to finance a college education that can cost more than the family home. In most cases, covering the cost of college means cobbling together current income, savings and various types of loans like a home equity line of credit, loans made directly to students and parental loans. More Details: […]

By Tuhin Jubayed|March 22nd, 2013|Weekly Resources|0 Comments

Student Loan News – March 15, 2013

Here are the best articles from around the web this week talking about student loans… For the week ending Friday March 15, 2013 Student Loan News: 1. Student loan debt continues to rise: Jessica Schulte has Bright Futures, grant money and two jobs, but she still has to take out about $6,000 in loans each semester. Schulte, a 22-year-old UF environmental science senior, said she has about $25,000 in loan debt. “I’m honestly scared to look at the real amount,” she said. Student debt has tripled in the past eight years, according to a new report from the New York Federal Reserve. The increase includes factors such as more people attending college, students taking longer to graduate and students attending graduate school. More info: http://www.alligator.org/news/campus/article_f2816cf4-8c55-11e2-8351-001a4bcf887a.html […]

By Tuhin Jubayed|March 15th, 2013|Weekly Resources|0 Comments

Student Loan News – March 08, 2013

Here are the best articles from around the web this week talking about student loans… For the week ending Friday March 08, 2013 Student Loan News: Student News, March 6: Christina N. Moschetti, of Montville, was named to the dean’s list for the fall semester at Hofstra University. Chelsea Marone, of Boonton Twp., and Timothy Shaw, of Mountain Lakes, were named to the fall semester dean’s list at Lafayette College. Get more : http://www.northjersey.com/community/announcements/195495381_Student_News__March_6.html […]

By Tuhin Jubayed|March 8th, 2013|Weekly Resources|0 Comments

Student Loan News – March 01, 2013

Here are the best articles from around the web this week talking about student loans… For the week ending Friday March 01, 2013 Student Loan News: 1. Six Weeks From Launch, “Mint For Student Loans” Contender Tuition.io Hits $250M Under Management, Lands $1M In Seed: Currently, outstanding national student loan debt is over $1 trillion, $864 billion of which is backed by ye olde federal government. According to the Center for American Progress, the majority of those loans have an interest rate higher than six percent — generally speaking, twice the average mortgage rate and is thrice the rate at which the government borrows. In the American education system, student debt is the 8,000-pound elephant in the room. […]

By Tuhin Jubayed|March 1st, 2013|Weekly Resources|0 Comments

Who can get a PELL Grant?

The Pell Grant is a highly sought-after form of financial aid for one simple reason: it doesn't need to be repaid. The Pell Grant can be seen as a form of scholarship that pays off a portion of the tuition. A misconception about financial aid is that most aid comes in the form of loans that need to be repaid. While many financial aid programs are interest-bearing loans, there are also a wide variety of gift-grants available as well. […]

By admin|February 7th, 2013|Types of Loans|0 Comments

4 Smart Steps To Take Before Attending School

1) Take the FAFSA. One of the first steps you should do when considering attending college is to take the Free Application For Federal Student Aid (FAFSA), which can be found online at http://www.fafsa.ed.gov. You can also speak with the financial advisors at whichever financial institution you‘re interested in attending and they can help you [...]

By admin|February 5th, 2013|Applying for Loans|0 Comments

Receive an Award Letter

Financing higher education can be a challenge these days. Fortunately, various federal aid programs for grants, loans and work-study are available for students through the Free Application of Federal Student Aid (FAFSA). The application process may seem intimidating at first, but there are countless resources online and in financial aid offices to help students apply for the best possible assistance. […]

By admin|January 31st, 2013|Applying for Loans|0 Comments

Best Consolidation Companies