Student Loans Information
* Federal student loans made to students directly: No payments while enrolled in at least half time status. If a student drops below half time status, the account will go into its 6 month grace period. If the student re-enrolls in at least half time status, the loans will be deferred, but when they drop below half time again they will no longer have their grace period. Amounts are quite limited as well.
* Federal student loans made to parents: Much higher limit, but payments start immediately.
* Private student loans made to students or parents: Higher limits and no payments until after graduation, although interest will start to accrue immediately. Private loans may be used for any education related expenses such as tuition, room and board, books, computers, and past due balances. Private loans can also be used to supplement federal student loans, when federal loans, grants and other forms of financial aid are not sufficient to cover the full cost of higher education.
- Student Loan Basics
Most Hispanic students and their parents think of college perhaps as a cost and not quite as an investment which is what it is.
- Surviving Student Loans and College Debt
This requires researching different loan and grant options and filling up long forms, all of which can be confusing. You may have seen private ads such as these for private loans on television or YouTube.
- Be Careful with Student Loans
According to Fin-A.org, 2/3 of college students graduate with some kind of debt, the average is actually around $20,000. That is no small chunk of change way back when you’re just starting your carrier.
- How to Get a Student Loan for a Private Pilot's License
To get a student loan for a private pilot's license, attend a specific technical school that offers associate degrees, where scholarships and federal loans are applicable. Finance a private pilot's license, soliciting private organizations and getting a part-time job as well, with financial advice from a guidance counselor in this free video on student loans.
- How to Apply for Free Government Grants, Loans & Scholarships
Applying for free government grants, loans and scholarships begins with the free FAFSA online application, which helps to determine the estimated family contribution and the government's contribution. Apply for student financial aid, including the Pell grants, Stafford loans and Perkins loans, with financial advice from a guidance counselor in this free video on student loans.
- How to Find a Low-Interest Student Loan
Low-interest student loans are dependent upon a good credit score, the state of the economy and interest rate levels, whether it is a variable or fixed loan and where the loan is coming from. Find lower-interest loans, raising credit scores and having a cosigner to help, with financial advice from a guidance counselor in this free video on student loans.
- How to Get My Student Loan Discharged or Forgiven
Getting student loans discharged or forgiven is not common, but it is possible by majoring and working in a certain field, spending a certain amount of time in the military or having an undue hardship that forces bankruptcy. Discover the ways that student loans are forgiven with financial advice from a guidance counselor in this free video on student loans.
- How to Go to College Without Student Loans
Going to college without student loans is still possible with help from parents, winning the state lottery, being an academic or athletic superstar to get full scholarships or researching other private organizations offering grants and scholarships. Discover the options available for higher education without the use of student loans with financial advice from a guidance counselor in this free video on student loans.
- How to Get a Student Loan With No Credit History or Co-Signer
Getting a student loan with no credit history of cosigner is possible through federal student loans, which are not based on credit history, or it is possible with a higher interest rate. Even with no credit history or cosigner, find student loan opportunities with financial advice from a guidance counselor in this free video on student loans.
- How to Get a Student Loan to Pay for Off-Campus Housing
To get a student loan for off-campus housing, a private loan is required, as federal loans only go towards tuition and fees. Get a private loan, a part-time job or private grants for off-campus housing aid with financial advice from a guidance counselor in this free video on student loans.
- How to Compare Unsubsidized vs. Subsidized Student Loans
Unsubsidized loans and subsidized loans differ on the point of interest, as an unsubsidized loan interest begins accruing the day it is borrowed and a subsidized loan interest does not begin to accrue until separate from full-time school. Compare these two types of loans with financial advice from a guidance counselor in this free video on student loans.
- How to Know the Maximum Wage Garnishment for Failure to Pay a Student Loan
The maximum wage garnishment for failure to pay a student loan is usually 15 percent of the take-home income, and wage garnishment severely hurts credit history. Find out how the government can take money out of paychecks for loan payments with financial advice from a guidance counselor in this free video on student loans.
- Paying Off Student Loans
Paying off student loans requires making timely monthly payments, paying extra on top of the principle whenever possible and finding a good consolidation company to get the lowest interest rate possible. Get student loans paid off slowly with financial advice from a guidance counselor in this free video on student loans.
- Student Loan Consolidation
Student loan consolidation is a great way to get a lower interest rate, as a reputable consolidation company will buy each loan off of the original lenders, lump it into one loan and offer lower interest and even deferment plans. Consolidate student loans to get them paid off more quickly with financial advice from a guidance counselor in this free video on student loans.
- How to Stop Having Wages Garnished to Repay a Student Loan
To stop having wages garnished to repay a student loan, make contact with the lender, agree upon a specific dollar amount and make six consecutive monthly payments on time to meet that goal. Cease wage garnishment by building up better credit with financial advice from a guidance counselor in this free video on student loans.
- Student Loan Debt vs. Credit Card Debt. Which Impacts Credit Scores More?
Today’s question has to do with student loan debt and we’re going to look at student loan debt versus credit card debt and how those impact your credit score.
- Bank of America Student Loan
College expenses can add up fast. Once you've managed to cover tuition, there are still other education-related costs such as books, food, and lab fees. With all these expenses, student loans become a great option.
- Student Loans through Bank of America
Bank of America offers the CampusEdge student loan. With CampusEdge you can get up to $50,000 per year as long as the loan total does not go beyond the estimated cost of attendance, less other financial aid.
- How to Get Free Money From Student Loan
Under the current system, a student can borrow up to a hundred and fifty dollars a week in living costs. That’s going to be changed in October to a hundred and fifty-five.
- Student Loan Consolidation Explained with Play-Doh
Confused about loan consolidation? This film will explain how it all works using Play-Doh (tm).
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