Consolidate Student Loans

Posted in College Financing Monday June 13, 2005

Consolidate Your Student Loans As Soon As Possible
(PRLEAP.COM) … and new interpretation of regulations by the Department of Education, there are no doubt many students and families looking for a simple, clear answer about whether to consolidate student loans or not. The short answer is, yes. (more…)

Federal Student Loan Rates

Posted in College Financing Thursday May 5, 2005

Quincy, MA (PRWEB) May 5, 2005 — College graduates and college students graduating in May of this year have an unexpected surprise lurking around the corner - a likely 2% - 2.5% increase in federal student loan rates that could cost them thousands of dollars each year, as rates for many student loans are projected to increase. (more…)

Avoiding Student Loans

Posted in College Financing Tuesday May 3, 2005

Parents should begin saving money early for their children’s college education because of the high costs and expectations that parents will pay part of the costs associated with the education. Several stock mutual funds are recommended. (more…)

College Planning: PLUS Loan

Posted in College Financing Tuesday May 3, 2005

As a student entering college, it is very unlikely that you have a few spare checks lying around that you can cash and magically use to pay for college. Most college-aged students, ranging from late teens through mid-twenties, have no line of credit and cannot receive much money in loans if they need to do so in order to attend college. (more…)

National Student Financial Aid in Contempt of Court

Posted in College Financing Saturday April 30, 2005

For Release: April 29, 2005

Defendants Must Pay Redress to Dissatisfied Consumers

A U.S. district court judge has held Integrated Capital, doing business as National Student Financial Aid (NSFA), and its principal, Alan Wilson, in contempt for violating terms of an August 2003 stipulated final order requiring them to make certain disclosures in connection with the marketing and sale of academic goods or services. (more…)

Scholarship Scams

Posted in College Financing Saturday April 30, 2005

Graduating from high school is an exciting time in your life, but it can also be a stressful time. There are many preparations to be made: figuring out what your future plans are, finding the right college, and applying for all those scholarships. Be aware, in the middle of this confusion, there are many scholarship scams out in the “real world”. (more…)

Increase in Federal Student Loan Rates

Posted in College Financing Wednesday April 27, 2005

Quincy, MA (PRWEB) April 27, 2005 — College graduates and college students graduating in May of this year have an unexpected surprise lurking around the corner - a likely 50% increase in federal student loan rates that could cost them thousands of dollars each year.

Federal student loan rates are based on the interest rate of the 13-week (91-day) Treasury Bill at the last auction in May of each calendar year; rates set at that auction take effect on July 1 of that year. In the past three years, Treasury Bill rates have dropped repeatedly, making for the lowest student loan rates in the history of the Department of Education’s loan programs. (more…)

Facts About College Financial Aid

Posted in College Financing Monday April 25, 2005

Most American families are offsetting the high cost of college by applying for some degree of financial aid by submitting their FAFSA (Free Application For Federal Student Aid) on or after January 2nd. Unfortunately, this is not a simple process as the college financial aid system is anything but user-friendly. There are an endless number of pitfalls in the application process, and it is far too easy for families to lose some or all of the aid they are eligible for. (more…)