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  • +13

    Secrets to Settling Defaulted Federal Student Loan Debts for Less than What You Owe

    Your federal student loans are in default and collection agencies are calling you dozens of times a day. They are threatening to garnish your wages, offset your income tax refunds and ruin your credit. They may even have crossed the line into harassment, calling you a worthless person and threatening you with physical harm. Are there any ways of getting out ...
    Published almost 4 years ago | Rated: +13
  • +7

    The 5-Minute FAFSA Video

    Filling out the FAFSA could be your ticket to some of the more than $80 billion the federal government provides in grants, loans and work-study programs every year. The FAFSA can also help you get state and school-based financial aid. It could be the most important financial aid form you complete. Find out what the FAFSA is all about. FastWeb's FAFSA ...
    Published almost 5 years ago | Rated: +7
  • +22

    How does child support affect eligibility for student aid?

    I have been divorced for more than 10 years and receive a small amount of child support from my ex-husband. At the time of the divorce, I agreed to let my him claim my daughter on his income tax return during the odd years. He does not cooperate with any other expenses, so the bulk falls on me. He is anxiously ...
    Published over 4 years ago | Rated: +22
  • +9

    How Do I Transfer Financial Aid from One College to Another?

    If I change schools, how do I edit my FAFSA so the money goes to my new school? And about how long would it take for the money to transfer schools? — Q.T. Student financial aid does not directly transfer between colleges. Instead, the new college will recalculate your eligibility from scratch based on the information on your FAFSA and the ...
    Published about 3 years ago | Rated: +9
  • +18

    When Student Loans Aren't Enough

    When Student Loans Aren't Enough
    Though federal student loans (such as the Federal Stafford Loan) help many students to attend college, families often find that even the maximum loan amounts are not enough to pay for their education. For instance, the average cost of attendance at a four-year public school for the 2012-2013 academic year is $22,261 and at a four-year private school, it’s $43,289— yet ...
    Published almost 5 years ago | Rated: +18
  • +19

    Help Your Teen Stay Debt Free in College

    Help Your Teen Stay Debt Free in College
    Tom is a graduate student at a Midwestern university completing a major research and writing project on student credit card debt. When Tom was in college, he built up $15,000 of credit card debt because he never learned how to use credit cards responsibly. In some ways, Tom was fortunate. He didn’t suffer many of the consequences of getting into that ...
    Published almost 6 years ago | Rated: +19
  • +24

    Guide to Financial Aid Award Letters

    Guide to Financial Aid Award Letters
    After you submit your application for financial aid, you will receive a financial aid award letter from the college(s) to which you applied, typically in early to mid-April. This letter spells out the details of your financial aid package. A financial aid package is a collection of different types of financial aid from multiple sources. It is intended to help you ...
    Published about 1 year ago | Rated: +24
  • +29

    Best Strategies for Paying off Debt Quicker

    Best Strategies for Paying off Debt Quicker
    Suppose you've made the required payments on all your loans and want to use some extra money to pay off your debt quicker. How do you choose which loan to pay off first? There are two main strategies for accelerating the repayment of debt. One involves paying down the loan with the highest after-tax interest rate first. The other, popularized by ...
    Published over 3 years ago | Rated: +29
  • +4

    Understand Your Student Aid Report

    If you've never set eyes on a Student Aid Report (SAR) before, it can be a dizzying experience. What do all those acronyms and numbers mean? It all looks so official and important. If you've recently submitted a Free Application for Federal Student Aid (FAFSA) you can expect to receive a SAR in return. And while the SAR is long on ...
    Published almost 6 years ago | Rated: +4
  • +22

    The Ins & Outs of Buying a Computer for College

    The Ins & Outs of Buying a Computer for College
    A computer for college is essential but can add a hefty expense to your budget, so choose wisely. Consider these points when computer shopping: Desktop or Laptop? Laptops are more portable and since many campuses and public areas provide wireless Internet service, you won’t be limited to your dorm room to work. If your courses will involve travel or fieldwork, a ...
    Published over 5 years ago | Rated: +22
  • +7

    White House Releases Model Financial Aid Award Letter "Shopping Sheet"

    White House Releases Model Financial Aid Award Letter "Shopping Sheet"
    The Obama administration revealed the final design for a standardized financial aid award letter on July 24, 2012. This one-page financial aid "shopping sheet" will provide students and their families with clear and easy to understand information about college costs and financial aid. It will enable families to compare college costs and financial aid offers side by side, helping them make ...
    Published over 1 year ago | Rated: +7
  • +5

    Why Your Grandparents Could be Your Meal Ticket to College

    Why Your Grandparents Could be Your Meal Ticket to College
    There are many ways in which grandparents can help their grandchildren pay for a college education. These include legacy scholarships and tuition assistance programs, educational awards for volunteering and community service, college savings plans and direct gifts. Scholarships for Grandchildren Very few scholarships are based on a grandparent's affiliations. There are many more awards based on a parent's affiliations. However, sometimes ...
    Published almost 5 years ago | Rated: +5
  • +41

    How Will The Student Loan Bill Affect Students?

    How Will The Student Loan Bill Affect Students?
    The US House of Representatives approved the student loan and health care reform legislation on Sunday night, March 21, 2010, by a vote of 220 to 211. No Republicans voted in favor of the legislation. The US Senate is expected to pass the legislation within about a week. The student loan bill will end the federally-guaranteed student loan program, where banks ...
    Published about 4 years ago | Rated: +41
  • +3

    Who Really Graduates with $100,000 or More in Student Loans?

    Who Really Graduates with $100,000 or More in Student Loans?
    Newspaper headlines suggest that many students graduate from college with hundreds of thousands of dollars in student loan debt. But is this really the case? A new report, Who Graduates College with Six-Figure Student Loan Debt?, finds that only 0.2% of undergraduate students and 6.4% of graduate students graduated with $100,000 or more in student loans in 2007-08. Far from being ...
    Published over 1 year ago | Rated: +3
  • +27

    30 Money Saving Tips for Students

    30 Money Saving Tips for Students
    Do you have fine wine tastes on a cheap beer budget? It’s ok – most college students are living on a budget. If not, they’re likely students getting themselves into a cycle of debt. While neither is fun or easy, you can become smarter about the way you spend your money. Keep in mind that the key to financial success is ...
    Published 10 months ago | Rated: +27
  • +32

    Book It: How to Find Cheaper Textbooks

    Book It: How to Find Cheaper Textbooks
    The price of textbooks has risen at twice the rate of inflation (.pdf) over the last 20 years according to the Government Accountability Office. Even used books don't soften the blow. What's a student with a bruised bank account to do? Net Yourself a Used Textbook Amazon, Abebooks and eBay are familiar resources. Other Web sites (like Campusi) list available titles ...
    Published almost 6 years ago | Rated: +32
  • +23

    A Hidden Financial Aid Gem Right Under Your Nose

    A Hidden Financial Aid Gem Right Under Your Nose
    A common scholarship myth is that millions of dollars go unclaimed each year, and it is exactly that: a myth. But there’s another way to save money that has gone untapped by thousands of students and their families, a source of help “hidden” in plain sight. It’s so hidden, students failed to take advantage of millions of dollars in benefits, according ...
    Published almost 5 years ago | Rated: +23
  • +8

    Get Help Completing the FAFSA

    Get Help Completing the FAFSA
    The FAFSA is a lengthy form, and somewhat complicated. Be sure to read the instructions before completing the form. Most questions about the FAFSA can be answered just by reading the instructions carefully. You will need the Title IV Institution Code for each school to which you are applying in order to complete the FAFSA. You can get this code from ...
    Published over 1 year ago | Rated: +8
  • +9

    Free Money for College Savings

    There are a variety of national, state and local programs that encourage families to save for college by providing families with free money. There are two main types of such programs: 1. Birthday Present. Such programs provide contributions of $100 to $1,000 as seed money in the college savings plan when the parents open a new 529 college savings plan before ...
    Published about 3 years ago | Rated: +9
  • +23

    Going Out of State Can Cost You

    Going Out of State Can Cost You
    If she wanted to save money on tuition, Erin Patterson had to make some money quickly. As an out-of-state student at the University of Missouri-Columbia, Patterson needed to earn a certain amount on her W-2 in order to claim residency and thus lower her tuition bill. “I had no intention of becoming a resident of Missouri when I started college, but ...
    Published almost 5 years ago | Rated: +23