If you have hit a brick wall during the financing of a student loan, you may be able to recover using the HEA or Higher Education Act’s Section 674.39 on Loan Rehabilitation. The Higher Education Act of 1965 and the 1998 amendments clearly state the required statutes of this Act. To wit: If the borrower of a [...]
Continue reading...Thursday, July 30, 2009
For students and their parents, there is always a possibility of qualifying for student financial aid. With a variety of loans and grants offered by the Federal government, private lenders, or the college or university you attend, there will be some form of aid available based on your family’s financial status. Let’s take a look at [...]
Continue reading...Tuesday, July 28, 2009
Just as a household budget is necessary to keep track of expenditures, so too is a student loan budget. In order to fully appreciate and enjoy your college experience, planning a budget ahead of time will alleviate any future stress. Whether you live at home and attend college, or live on campus, a budget can be [...]
Continue reading...Wednesday, July 15, 2009
In conjunction with the number of student loans available, there are also payment options, parents and students can take advantage of. Let us take a look on how those payment options will help you in your debts management. For example, Sallie Mae offers the following repayment options: * Standard payment, which means that the interest and principal [...]
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Tuesday, August 18, 2009
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