Interest on Student Loans

Student loans, like any other loans come with interest rates. The rate of interest on the student loan will vary from bank to bank and in most cases the government student loans offer a lower rate of interest than the private student loans. It is important to understand how the interest on the student loan is calculation so that you do not sign the … Read More »

How Moms Can Finding Financial Aid for Continuing Education

When considering going back to a job after motherhood, most women find that the better jobs require them to pursue some education in order to get back into the groove. Of course to pursue this … Read More »

Applying for Federal Government Financial Aid

The Federal Student Aid office provides federal student aid covers tuition and fees, room and board, books and transportation, and comes in form of grants, loans, and opportunity to work to pay for … Read More »

Civil Legal Assistance Attorney Student Loan Repayment Program (CLAARP)

The Civil Legal Assistance Attorney Student Loan Repayment Program was established to encourage qualified individuals to enter and continue employment as civil legal assistance attorneys. read … Read More »

Loan Forgiveness for Public Service Employees

Under the Public Service Loan Forgiveness Program, if you are employed in a public service job, you may have the balance of your loans forgiven if you make 120 on-time monthly payments under certain … Read More »

Cancellation/Deferment Options for Teachers

• Canceling a Perkins Loan If you have a loan from the Federal Perkins Loan Program, you might be eligible for loan cancellation for full-time teaching at a low-income school or teaching in … Read More »

Cancellation / Deferment Options

Loan Cancellation (Discharge) It's possible to have your student loan debt discharged (canceled) or reduced, but only under certain specific circumstances: • You work in certain designated public … Read More »

Income Based Repayment Plan

Income Based Repayment (IBR) is a new repayment plan for the major types of federal loans made to students. Under IBR, your required monthly payment is capped at an amount that is intended to be … Read More »

Free Application for Federal Student Aid FAFSA

Before beginning, gather required documents and other information ahead of time. Fill out the application: steps that ask about you, your financial information, your school plans, and more. View … Read More »

Federal Perkins Loan Programs

A Federal Perkins Loan is a low-interest loan for both undergraduate and graduate students with financial need. Federal Perkins Loans are made through a school's financial aid office. The school is … Read More »

Federal Work-Study (FWS)

Federal Work-Study (FWS) helps undergraduate and graduate students with financial need by providing part-time jobs for them. The students earn money, which allows them to pay for their educational … Read More »

Federal Supplemental Educational Opportunity Grant (FSEOG)

The Federal Supplemental Educational Opportunity Grant program helps undergraduate students with exceptional financial need. Students can receive between $100 and $4,000 a year. These funds do not … Read More »

Direct Consolidation Loan

Enables parents or students to consolidate different federal student loans. Students should carefully consider the consolidation, as it affects the terms of the initial loans. The original loans are … Read More »