There are many different possible funding options for a student who is attending college. Grants and loans have become a very popular way to pay outrageous college bills, including fees for classes, books, and housing. A Federal Stafford Loan is one of the many available options that offer a wide variety of benefits to students. It is very easy to … [Read more...]
Stafford loans are defined as low-interest loans that the federal government offers to students to pay for college. Within the federal Stafford loans, there are two types that exist: subsidized Stafford loans and unsubsidized Stafford loans. Subsidized Stafford loans, also referred to as need-based loans, are usually offered to any borrower who … [Read more...]
For a college student with crippling debt, you might be apprehensive about the future. Is college loan consolidation on your mind? If your loans have varying and confusing interest rates, it might be. It should be. The very fact that you have taken on a loan makes you one to be applauded. While the trust fund babies and rich heirs and … [Read more...]
The Graduate Plus loan is available for graduates that need the extra income to continue their education. This loan is a fixed loan with a low interest rate that gives the student the federal government guarantee. The student also can defer the loan while they are in school. This extra income can be used to buy text books, pay rent, and get the … [Read more...]
Student Loans: How Much Should You Borrow? By: Mevish Jaffer Aside from various scholarships and grants, student loans are also a big part of financing your college education. However, you have to be careful when taking on loans because you could just as easily accumulate a mountain of unwanted debt while earning your degree. For this … [Read more...]
Student Loan Borrowing Process By: Mevish Jaffer Getting ready to start college takes a lot of preparation on your part; this includes understanding the student loan borrowing process and how it works to help finance your education. First of all, you have to know that there are several different types of student loans that are available for … [Read more...]
Student Loan Consolidation: A Treasure Chest For College Grads By: Yara Zakharia, Esq. With an average student loan debt of $23,485 weighing on their shoulders and savings at all-time lows, college aid borrowers often view their post-graduate existence as an uphill battle. At the critical juncture of student loan repayment, … [Read more...]
Online School Student Loan Laws Before 2006 many online students were unable to receive federal aid. In 1992 Congress enacted the “50% Rule,” mandating that schools qualify as financial aid distributors by offering over 50% of courses in traditional classrooms. In 2006 the law was overturned. Today a growing number of online schools offer … [Read more...]
Federal student loans offer distance learners the opportunity to pay for their online class tuition without draining their bank accounts or seeking additional employment. By filling out a single online application, you may qualify for federal student loans with reasonable interest rates and terms. Federal Student Loan Benefits Many banks … [Read more...]
Choosing a School Get advice on how to find the right school for you. You've taken all the tests and made the grades, and now it's the moment of truth—deciding where to go to school! With so many schools to choose from, it could take forever to find the perfect one for you. Non-federal financial assistance programs and requirements often … [Read more...]