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Archive for July, 2008
Parents of dependent college students can borrow a PLUS College Student Loan to help pay educational expenses of an undergraduate college student enrolled at least half time in an eligible program at any eligible school. PLUS College Student Loans are available through the Federal Family Education Loan (FFEL) Program and the William D. Ford Federal [...]
How does one become eligible for federal financial aid?
Federal financial aid is available for those college students who:
• Are U.S. Citizens, U.S. Nationals, permanent residents, refugees, asylees, and other eligible non-citizens
• Have a valid Social Security number
• Are enrolled at least half time
• Are enrolled in an undergraduate or graduate program that leads to a degree or certificate
• If male, [...]
College is not cheap, do you agree. Fortunately, it is pretty easy to obtain a college student loan to cover the costs of getting that higher education. Unfortunately, while college student loans can remove the financial barrier to attending college, they often come back to bite us when we failed to properly research all the [...]
As the cost of a college education continues to rises, and federal college student loan limits fail to keep up, the private student loan business has grown very quickly. These private college student loans are used to fill the gap between available federal financial aid assistance and what students and families can afford to pay [...]
Many students are eligible for some kind of free financial aid assistance or a college student loan, either in the form of need based grants, or merit based scholarships. However, grants and scholarships will not always provide enough funds to cover rising college tuition and costs. After you have applied for and received all the [...]
If you think your student college federal student financial aid paperwork reads like a Greek 101 exam, you are not alone. Sorting through the Free Application for Federal Student Aid (FAFSA) form can be a little confusing at best and an incomprehensible nightmare at worst.
If you have not filed an FAFSA yet, you need to [...]
The expected family contribution (EFC), is the amount of money that a family is expected to contribute toward the price of a student’s education from there income and assets. There is a different financial aid need analysis formula for each of three student groups:
• Dependent Students
• Independent Students W/no Dependent
• Independent Students with Dependent
The EFC will consist of [...]
The Nursing Student Loan (NSL) program is available those that are a U.S. citizen, U.S. national, or permanent resident who are enrolled at least half time as an undergraduate or a graduate student in a nursing degree program. You can be awarded up to $2,500 per academic year, depending on your financial need. The annual [...]
A federal college student loan will allow a student and their parents to borrow money to help pay for college through student loan programs that are supported by the federal government. They will usually have lower interest rates and offer very attractive repayment terms, benefits and many different options. Generally, repayment of a federal college [...]
The high cost of a law school education requires most law students to rely on educational loans such as financial aid to finance at least part of their studies. Although the best sources of information on possible funding are law schools themselves, I have put together some information to introduce you to the financial [...]
