Various types of aid are available for students who need help financing their education. The majority of undergraduates cannot afford to complete their education without some form of assistance. Here are the most common helpful ways to secure educational funding: STUDENT LOANS This is financial aid that must be repaid with interest. There are four main categories: Student loans Parent loans Private student loans Consolidation loans […]
Pell Grants are only available to students who present the greatest financial need. If a financial situation changes in the middle of the school year, this can also affect eligibility. Your eligibility can also change if you provided inaccurate information about your circumstances. It is best to be upfront about your financial situation. […]
Like other types of financial aid programs, the only people eligible for a FSEOG Grant are families that demonstrate strict financial need. Anyone who proves that they can afford college tuition is ineligible for the FSEOG and Pell Grants. Financial need takes into account a family's income, size, assets, as well as the cost of tuition. If the cost of tuition is well above the Expected Family Contribution, a FSEOG Grant will be awarded. […]
What is the student loan grace period? A grace period is the period of time someone is late with the payment and dues not attract any penalties. There are many different scenarios of grace periods. The most important thing about it is that the students are aware of the fact that as long as they make the payment within or during the grace period, then they will not be treated in a different way from those who make the repayments in due time. […]