Federal Student Loans Release of Refunds
October 6th, 2007
Anyone who is not a first time student knows what a pain it can be to wait for your federal loan refund. Those who are getting to experience the wait for the first time here is an explanation to why it takes so long.
One of the most common student loans to apply for is [...]
What is a FAFSA PIN?
September 17th, 2007
If you don’t know what your FAFSA pin is, you should - your fafsa pin number is the key to re-applying each year for Federal aid online, as well as giving you a complete history of your records with the U.S. Department of education online. Not only that, but your pin number often [...]
Guaranteed student loans
August 26th, 2007
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 [...]
What is Expected Family Contribution?
August 22nd, 2007
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 [...]
What is FAFSA?
August 10th, 2007
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 [...]
Federal Student Loan Payback
June 20th, 2007
We’ve all heard of both federal and private student loans, but what is the difference, and how does the difference affect your ability to pay off the loans quickly? First, we’ll look at federal student loans.
Federal Student loans are a great starting point to fund a college career - with interest rates relatively low [...]