Tag Archive | "student loan"

Hitting A Financial Aid Brick Wall

Tuesday, August 18, 2009

0 Comments

Hitting A Financial Aid Brick Wall

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...

Never Borrow More Than You Need

Tuesday, July 21, 2009

0 Comments

Never Borrow More Than You Need

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, [...]

Continue reading...