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...Tuesday, July 21, 2009
When a student decides to apply for a subsidized loan for financial aid, usually the college will award the cost of attendance and/or a fixed amount. For example, an undergraduate may receive up to $4000 per year (maximum total $20,000), while a graduate may receive up to $6000 per year (maximum total $40,000). There are conditions, [...]
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Tuesday, August 18, 2009
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