It is in the government’s best interest that its citizens be well educated. For that reason, there is a system to provide college monies for those who can demonstrate need.
To qualify for financial aid, a student must complete the FAFSA (www.fafsa.ed.gov) either on paper or online. Using the information from the FAFSA, the government determines [...]
Brad Roae is a state representative from the Sixth District.
Question: Is there any help available for members of the armed forces who served in the Middle East and are now having trouble paying their student loans?
Answer: Yes. The Pennsylvania Higher Education Assistance Agency (PHEAA) has extended the Armed Forces Loan Forgiveness Program to provide a [...]
Adding to its extensive line of mortgage publications, websites, database products, and proprietary research for the mortgage market, SourceMedia’s Mortgage Group, publisher of National Mortgage News and BrokerUniverse, announced today the launch of Mortgage University, an array of correspondence and online courses designed to fulfill the professional education and compliance needs of mortgage professionals. Mortgage [...]
Four Malden banks have committed $8 million to a loan pool for a first- and second-time homebuyer program run by the Malden Redevelopment Authority.
Eastern Bank, Century Bank, Central Bank, and BankMalden each pledged $2 million to fund the program over the next two years.
The loan pool will make below-market-rate loans to low- and moderate-income home [...]
The Higher Education Act mandates that colleges cannot require students to fund Federal Family Education Loan Program loans through the preferred lenders suggested by their financial aid offices. Therefore, students and parents should keep in mind that it is their decision when it comes to which company funds their FFELP student loans including the subsidized [...]
Loan consolidation is an important step in dealing with your student debt. AMSA members are eligible for the AMSA (American Medical Student Association) Loan Consolidation Program. It is important to understand loan consolidation and the real terms of any loan or consolidation contract. I want to provide you with some general information about loan consolidation [...]
While Junior’s busy writing a captivating college admissions essay and filling out stacks of applications, Mom and Dad bite their fingernails, wondering how they’re going to pay for it.
Paying for college can be a complicated and intimidating journey, but with some helpful advice and plenty of resources, it’s not so bad.
How much will it cost?
When [...]
The State of Ohio’s designated nonprofit student loan lender, Student Lending Works (www.StudentLendingWorks.org), now offers students online loan applications for Stafford, PLUS and Graduate PLUS loans. Applying online provides students and parents the ability to receive their loan money faster and with fewer hassles.
Once students have filled out their Free Application for Federal Student Aid [...]
College costs keep spiraling upward, and now the cost of borrowing to pay for higher education is about to spike, too.
Students and their parents have taken comfort in a half-decade of ultra-cheap college loans, loading up on debt to cover the bills. About 8 million people borrowed $60 billion this year in education loans issued [...]
As college costs spiral upward, the cost of borrowing to pay for higher education is about to spike, too.
Students and their parents have benefited from a half-decade of ultra-cheap college loans, loading up on debt to cover their bills. About 8 million people borrowed a total $60 billion this year in education loans issued or [...]
With time running out for graduates to consolidate their federal student loans, conveniences such as electronic signature of applications are quickly becoming necessities. On July 1, 2006, interest rates on federal student loans are scheduled to make a near-record setting 35% increase over the current loan rates. Graduates who consolidate their student loans prior to [...]
Nelnet announced today that borrowers struggling to make student loan payments can now apply for a deferment or forbearance online, including the option to electronically sign the application. This solution gives borrowers fast options for meeting their student loan obligation by temporarily reducing or postponing payments.
The enhancement is part of the company’s ongoing focus on [...]