Are you an adult considering college who needs financial help? Whether an adult student is enrolling in college for the first time or returning to school after a break, they should apply for federal student aid. Federal student aid can help a student of any age cover their education expenses. Adult students do often have misconceptions about their eligibility. Some of the more common myths are outlined below. Continue reading
Student loans can seem overwhelming at first, but by taking this advice and setting up a repayment strategy that works for you, you’ll master your student loans in no time! Continue reading
Students often ask when their financial aid will be disbursed and their refund generated. There are a number of very good sources of this information such as the Financial Aid Award Guide and in the Frequently Asked Questions brochure you would have gotten with your award notice. Continue reading
You may be able to use your financial aid to postpone your tuition and fees payment!
Postponing payment until your financial aid is processed is permitted if: Continue reading
For new students, transfer students and returning students with financial need, there are opportunities to work on campus within the Federal Work Study program. The Federal Work Study program is a Federal Student Aid program intended to provide jobs for eligible students who need financial assistance to attend college. This opportunity can help you to gain the necessary experience for a future career. For example, have you ever wanted to work in an office setting but only have experience working in fast food or factories? Continue reading
As part of their financial aid award, a student may be offered a combination of Subsidized and Unsubsidized student loans. These are Federal loans that are very similar in many ways, but there are differences. Do you know the difference and which you should accept? Continue reading
On May 10, 2015, the Department of Education changed the way you log in to Federal Student Aid websites. Students, parents, and borrowers are now required to use an FSA ID, instead of a Federal Student Aid PIN, to log in. If you haven’t logged in to a Federal Student Aid website (such as fafsa.gov or StudentLoans.gov) since May 10, 2015 you will need to create an FSA ID before you can log on in the future. Continue reading
If you’re among the millions of current or former students with debt, you’ve probably been tempted to click on an ad that says, “Obama Wants to Forgive Your Student Loans!” or “Erase Default Statuses in 4 – 6 Weeks!” or some equally enticing student loan debt relief offer … available only if you click or call NOW!
Many the companies behind these offers have sophisticated marketing tactics to target unsuspecting students, borrowers, parents, military service members, and their families. In the Financial Aid Office, unfortunately I hear about these pitches a lot. My advice: Before you pay somebody to help you with your student loans, do your homework.
It’s tempting to just say: Don’t do it. Walk away. Call your loan servicer instead. But there’s more you should know. Continue reading
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