Military educational aid is available for those who have performed duty in the Army, veterans and their dependents. The Montgomery GI bill is a good example of such aid. However, it covers only three-fifths of the cost of an educational course and it most cases are insufficient due to which veterans fail to use this military aid. However, there are other options available for spouse and children of veterans, when it comes to financial aid for education. To be eligible for this aid, the children must be between 18 to 26 years old whereas the eligibility of the spouse lasts … (more) June 30, 2010
Grants under Federal Student Aid Programs
There are various types of federal aids that are given to students to assist them in their educational expenditure. Grants are usually need based and the best part about them from a student’s perspective is that they don’t have to be repaid unlike loans. This means that there is no interest constantly accruing on them either. In short, it is a boon for students. Grants can be of two types. They are either directly given to the students or provided by the college. Some grants might not be entirely sufficient to meet with the student’s tuition fee and expenditure on … (more) June 29, 2010
Convincing Your Employer for Tuition Assistance – Advantages and Disadvantages
Employer assistance is one of the more novel ways of paying for your college. The trend of people working for a few years to gain valuable experience and then pursuing higher education is constantly on the rise. Part of it is also because many people find their true interest only after joining in a job. They are also in a much better position to take a decision about what career they want to pursue a few years into their job than when they were in Degree College. While some people save for their college expenses and tuition fees, others prefer … (more) June 28, 2010
Types of Student Loans
Student loans are often a common point of discussion. This is because most of the prominent colleges have a student fee that is higher than what most of the eligible and selected students can afford. However, education in a reputed college is an opportunity no student wishes to pass and this is where they seek student loans which come with a varied spectrum of terms, conditions, interest rates etc. Some student loans are more favorable and hence more popular than the others. Some are need based while others are not and in all situations, the interest rate and the conditions … (more) June 27, 2010
Why and How to Save for College
Most people do not take saving for college very seriously. When you consider the unpredictability of the future, the volatility of the markets, the stumbling of the economy or most importantly the instability of the prices, one thing that you do not want to jeopardize is the opportunity for education. Many popular statistics have revealed that the average college graduate earns up to 50% more than someone who doesn’t have a college degree. This only means one thing. More than an expenditure college education is an investment which will not only help you be a better and more knowledgeable citizen … (more) June 26, 2010