I was discussing student loans with a friend the other day when they mentioned a guaranteed student loan. We didn’t have time to get into it at the time, but I was intrigued - who was guaranteeing what?
An hour or 2 of research later, and it appears that Guaranteed student loan is really just [...]

If you’ve been looking into financial aid for college, one ominous sounding acronym almost certainly popped up:  EFC.  EFC stands for expected family contribution, and plays an important role in determining how much financial aid you are likely to get.
Right off the bat, students often assume that the EFC is either how much money you’ll [...]

As the deadline approaches for the first payment on our student loans, I’ve been getting an increasing number of official looking letters - I always rush upstairs to tear them open, worried that Ive missed a deadline or forgotten a form, to discover that they are just advertisements - advertisements for debt consolidation.
While its true [...]

My wife graduated last May, and we’ve really been dreading the next few months - we know that her student loans will be due soon, but we don’t really know when, or what will happen. Finally we got a statement in the mail today giving us more information and a deadline.

FAFSA, short for the Free Application for Federal Student Aid, is the application form for federal studnt grants, work study aid, and loans. In some msituations, the application can be used to apply for private aid as well. In short, its a big deal, and everyone looking to receive some form of financial [...]