As many of you may know, the 2011-2012 Free Application for Federal Student Aid (FAFSA) will be available on January 1, 2011. In order to be prepared for this day, it is important that students, parents and financial aid officers become acquainted with the most recent changes.
Continue reading...Sunday, October 10, 2010
Federal law suspends your eligibility for federal student aid, if you have been convicted for the possession or sale of illegal drugs for an offense that occurred during a period of enrollment for which you were receiving federal student aid (grants, loans, and/or work-study). Even if you are 23 years old, living on your own,
Continue reading...Friday, October 8, 2010
I have received some inquiries about my previous blog: 5 Bizarre things you did not know about the FAFSA.
Continue reading...Wednesday, September 22, 2010
Depending on the type of student loans you will be consolidating, the interest rate can vary greatly.
Continue reading...Monday, September 13, 2010
At this time, there are no private student loan forgiveness programs available.
Continue reading...Wednesday, July 28, 2010
Hello folks! In our rush of excitement over the passing of SAFRA, we forgot to blog about this year’s federal student loan interest rates. Here is the complete listing, all in one place for convenience: Undergraduate Unsubsidized Direct Stafford Loan: 6.80% APR Subsidized Direct Stafford Loan: 4.50% APR Graduate Unsubsidized Direct Stafford Loan: 6.80% APR Subsidized Direct Stafford Loan: 6.80% APR Direct Graduate
Continue reading...Wednesday, June 9, 2010
Now that we’re inching into June, I figured it would be a good time to reflect back on your FAFSA applications and ask you all if you ended up getting enough money in federal student aid.
Continue reading...Tuesday, May 25, 2010
If you are a recent graduate, once your grace period comes to a close, you will be tasked with repaying your federal student loans. While many people opt for standard repayment, there are actually alternative means as well - if you are eligible.
Continue reading...Tuesday, May 11, 2010
If you are unemployed and concerned about how you will be able to repay your federal student loans, deferment might be an option.
Continue reading...Monday, April 12, 2010
A frequent question I see through Twitter and our forums is that of interest rates: “where can I get the lowest one?”, “how are federal loan rates different than private ones?” Well, let’s walk through both and figure out exactly how it all shakes out.
Continue reading...
Monday, October 25, 2010
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