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General financial aid guide for students

December 31,2010 by: Dallas Browne

According to a survey by US Education department, more than 66% of all undergraduate students and 74% of graduates received some kind of financial aid in the year 2008. General financial aid can be a type of loan extended to students. Everyone is eligible to avail the financial aid once the following conditions are being fulfilled by the applicant. The applicant, Should be a student undertaking any part time or full time high diploma course. Should be working towards any undergraduate, graduate degree program or certificate. Should have enrolled with any accredited educational institution or school or with any … (more) December 31, 2010

Fundamentals to be aware of while applying for a student loan

December 30,2010 by: Dallas Browne

A student loan helps students to meet the educational expenses like University or College tuition fees, hostel expenses, books and many more. The major difference between the student loan and other loan is nothing but the offered rate of interest. The interest rate is significantly lower when compared to all other types of loan. Moreover, the repayment is postponed until the student completes his/her education.  But before accepting the loan, one should be well familiar with the terms and conditions. Three types of student loans are offered to students and two loans are sponsored by the Federal Government and other … (more) December 30, 2010

Benefits of a consolidation loan

December 29,2010 by: Dallas Browne

The cost of education has gone up in past few years and as a result many families and students are not able to afford the heavy expenses involved in education. Fortunately, several federal institutions and private lending institutions extend student loans to help the students complete their education. But, after completion of the degree or education program, it is not always sure that the student will get immediate employment to repay the loan. As an alternative solution, student consolidation loans have been introduced. Consolidating the loan helps reduce the stress factor caused due to debts. If you have borrowed money … (more) December 29, 2010

An overview of private student loans

December 28,2010 by: Dallas Browne

Private student loans are very similar to student loans in general or just any other type of loan being offered by banks to assist in school education. These loans are often referred to as alternative student loans. When a student is denied the student loan, private student loan is an alternate option to help them complete their course and hence obtain the degree. A clear intimation of the exact purpose of the private student loan help in a speedy approval of loan. Most of the time, the loan amount is directly paid to the school where the student is studying … (more) December 28, 2010

Tips to qualify for federal and state government aid

December 27,2010 by: Dallas Browne

Education seems to have become quite expensive off late. In fact, more people are considering the option of quitting studies midway mainly because they cannot afford to pay for the education. However, there are ways in which you might be eligible to get funded, either partially or completely. You need to know the ways in which you can go about this so that you don’t end up paying everything out of your own pocket. One solution that you could perhaps make use of would be Federal and State Government Aid. This is something that you are guaranteed to like and … (more) December 27, 2010