Did you know there are a few mandatory forbearance situations you may qualify for?

There are two primary differences between the subsidized and unsubsidized Stafford loan, the interest rate and when the interest begins accruing on the loan.

Did you realize that when you withdraw from a class it may hurts your federal aid? Isn't that ridiculous? At least I think so. As it is you are already out the money for the class, but you may get hit with a double whammy.

Federal consolidation is kinda like that craz-e-burger which consists of a pound of beef, layers of bacon, globs of cheese, and is sandwiched between a grilled and glazed donut instead of a bun. It may seem like a good idea now, but those 1,500 calories of sugar and saturated fat will make you pay dearly later.

What do you like most about the Stafford loan? Is it the low fixed interest rate? Is it the fact you don't have to begin repayment until you are out of school? How about the fact you don't need a co-signer at a time when everyone is required to have a co-signer on a loan?

Did you know that you do not need to demonstrate financial need to qualify for a work study at school?  Both federal and non-federal work-study programs exist. Federal work-study programs are based on demonstrated financial need.  An individual must meet certain eligibility requirements and complete a FAFSA.  On your FAFSA you will [...]

Tuesday Observation I’ve heard from hundreds of malcontent students about the bailout packages the government has been handing out like beads at Mardi Gras this year. It’s not that they disagree with the plans necessarily, but rather, are asking where’s mine? I even blogged about the cash for clunkers plan last month and how those funds [...]

Friday Rant! Did you hear the good news about the 2009-2010 academic year? In addition to the increase in Pell Grant money (which is great for students), Federal Stafford loan funds have been increased by $2,000! Terrific, let’s poor more student loan debt on the children of tomorrow. Do you know what happens when the federal reserve [...]