Tag Archive | "student loans"
Make Your Student Loan Monthly Payments On Time
It is just as important to pay back a student loan on time as it is to pay credit card bills on time. Having an excellent credit rating will serve students well after college. Moreover, if parents obtain a student loan, consistent late payments or defaulting on these loans can also severely damage their credit [...]
Continue reading...Loan Forgiveness Grants
Tuesday, July 28, 2009
Loan forgiveness and/or cancellation of loans are granted by the federal government if you meet certain qualifications. These include if you agree to perform volunteer work, do military service, teach, practise medicine in certain types of communities, or meet other forgiveness program criteria. Examples of volunteer work include serving for one year in AmeriCorps, serving in the [...]
Continue reading...Taking Advantage of Great Borrower Benefits
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 [...]
Continue reading...Forgiveness Options: What Is That?
Tuesday, June 23, 2009
Loan forgiveness and/or cancellation of debts and loans are granted by the federal government if you meet certain qualifications. These include if you agree to perform volunteer work, do military service, teach, practise medicine in certain types of communities, or meet other forgiveness program criteria. Examples of volunteer work include serving for one year in AmeriCorps, serving [...]
Continue reading...Pay Those Federal Loans Off First
Friday, June 19, 2009
This current recession has brought about much angst over student debts and repayment. A poll of college graduates was taken in 2007, which showed that these graduates were struggling to pay back their loans. The statistics in this poll also revealed that 44% of the college graduates were postponing buying a home, 28% were delaying having [...]
Continue reading...Never Borrow More Than You Need
Thursday, June 18, 2009
When a student applies for financial aid, usually the college will award the cost of attendance and/or a fixed amount for debts. 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, however. The amount received [...]
Continue reading...Find a Flexible Lender
Wednesday, June 17, 2009
What is the best course of action in locating a lender if you are a student requiring financial aid? Every college and/or university has a financial aid office. This office will be able to provide you with a “Preferred Lender List” via their online website or by visiting the college financial aid office. This is a [...]
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Thursday, July 30, 2009
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