Making a college enrollment decision

Apr 28, 2015 7:30:00 AM

Now that the college acceptance letters are pouring in, the waiting game is over. Getting accepted to college is a great honor that generates lots of excitement. However, once you come down from cloud nine, it's time to make some serious decisions.  Here are some tips on how to make the right college enrollment decision.

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Topics: College Financial Aid, Financial Aid Award Letters, College Planning, Parents and College Planning

How to compare student loan options

Apr 22, 2015 7:00:00 PM

If you are in need of a loan for college, it is important that you understand how to compare your options in order to get the best deal for your family. 

Students typically should borrow Federal Direct Subsidized and/or Unsubsidized Loans before seeking a loan elsewhere. These loans have low fixed rates and the most flexible repayment options on the market. If your family applied for financial aid, these loans would have been included in the student's financial aid award letter. 

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Topics: Borrowing for College

Borrowing for college: Federal PLUS Loan Profile

Apr 16, 2015 8:30:00 AM

When it's time to borrow money for your child's college education, the loan jargon can easily throw you for a loop. With so many different types of loans out there, it can be hard to decipher what will work best for you. The key is to arm yourself with knowledge about the ins and outs of each different type of loan before borrowing for college. Here is an inside look at the Federal PLUS Loan, a loan for parents of undergraduate students.

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Topics: College Financial Aid, Borrowing for College, Student Loan Repayment

The real cost of student credit cards

Apr 9, 2015 4:00:00 PM

The idea of a credit card seems too good to be true to many young adults. To the financially uneducated, student credit cards may even seem like free money and a way to provide instant gratification. On the other hand, those who are armed with financial knowledge know that credit cards can become a horrible financial trap if used improperly. It is extremely important for students to learn about proper credit card use early to avoid bad decisions and financial ruin. Here is some basic information about credit cards and how students can be wise in their use.

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Topics: Financial Education for Students

Appealing financial aid awards

Apr 6, 2015 1:50:00 PM

If you will need assistance to attend college, you must apply for financial aid. Once you have applied for financial aid through the Free Application for Federal Student Aid (FAFSA) and received an award letter from the schools of your choice, you may feel like the worst of the financial burden is behind you.

However, life is full of surprises that can often change the course of action that you are planning. If an event happens in your life that will restrict or limit your ability to presently pay for your college education,appealing financial aid awards received from your schools may be the way to go. Although it may sound like more worrisome paperwork to deal with in the midst of an already stressful situation, you are just one more step closer to securing the financial aid that you need. Here is some information on how to appeal financial aid awards. 

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Topics: College Financial Aid

Comparing financial aid award letters

Apr 2, 2015 11:58:00 AM

April is a tremendously exciting time for student and parents as college acceptance letters roll in. It can also be a tremendously disappointing time if you find the financial aid awards you received from colleges were not what you expected. 

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Topics: College Financial Aid, Borrowing for College