For parents: paying for college in ri

Jun 29, 2015 7:00:00 AM

Since the day your child was born, you may have been considering how you are going to pay for their college education. Now that the time has come, the task may feel more daunting than ever before. Even if you have prepared and planned, there may still be a few kinks to work out. Don't let the financial burden of paying for college get you down. Here is some information that can help Rhode Island parents who are paying for college.  

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Topics: College Financial Aid, Borrowing for College

10 things to do the summer before college

Jun 24, 2015 11:34:00 AM

After high school graduation, everything that follows can affect the course of the rest of your life. You are now closing a chapter and opening up to a whole new world. Before you go off to college, there are some key points to rehearse to ensure that you stay on the right path. Take the time before college to not only have fun but to consider some key life skills that will take you far beyond what you can imagine and help make you grow into a successful young adult.

Here are ten things to do the summer before college.  

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Topics: College Planning

How a college internship in ri can help you land a job

Jun 18, 2015 4:00:00 PM

During college, many students are in search of part time work to help supplement living expenses and books. Often times, lacking in experience to land a worthwhile position, students will settle for a substandard job to get a paycheck.  

What if you could use your time more wisely to benefit your future through a college internship? An internship is an amazing opportunity for aspiring professionals to gain the necessary skills for a specific career. Although you may not want to spend your free time or summer break working, the reward may outweigh the labor. There are numerous benefits to participating in an internship including increased chances of getting a job after college.

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Should I cosign for a student loan?

Jun 8, 2015 7:30:00 PM

If you are considering cosigning a student loan, you are doing a great thing to help someone achieve their education goals. Often times, parents cosign student loans for their children, or you may be asked to cosign for another family member or close friend. 

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Topics: Borrowing for College

State-based student loans

Jun 1, 2015 6:30:00 AM

When it comes to student loans, there is no "one size fits all" solution. You may have to pick and choose through various loans to cover the entire cost of your college career.

It is wise to begin with federally funded student loans, including the Federal Direct Subsidized and Unsubsidized Loans and Perkins loans, to secure the best terms and get the most repayment flexibility.

But once federal student loans have been tapped out, where do you turn to next?  There is the Federal PLUS Loan, a federal loan for parents which your family may find meets your needs. However, state based student loans offer residents and students going to school in that state the opportunity to borrow through state-based programs, often at rates and fees lower than Federal PLUS Loan rates. Offering an array of favorable terms and rates, state based student loans may be the answer to your problems.  

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Topics: Borrowing for College