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You may find that you're only eligible for Stafford Loans.
No one wants high monthly payments or to be forced to default on payments, ultimately damaging your credit score.
If you are faced with a higher tuition bill than anticipated, consider your options to cut your college costs and take advantage of the millions of dollars being awarded to students annually.
[...] College Board is ditching its previous plan to capture socioeconomic information from students with a single score - also known as an "adversity score" - when scoring their SAT college admissions test.
The score would have taken into account a student's socioeconomic background and the neighborhood in which they grew up. Department of Education launched more than two dozen investigations into higher education institutions nationwide - including UC Berkeley, UCLA and USC as well as Yale, Princeton and Rice - which offer female-only scholarships, awards and professional development workshops.
Eligibility guidelines for FAFSA are available online for a quick application and fast processing, starting January 1 of every year.
FAFSA will answer the majority of your questions, determine how much funding you can receive, and what federal funding programs you qualify for.Estimate how much college will cost using a college financial aid calculator.Always start with a conservative number because some savings plans come with stipulations, where funds can only be used for college expenses.From 529 Plans - offering tax savings over taxable accounts - to Coverdell Accounts - optimal for families looking to invest 00 or less per year - every parent should be able to find a savings plan that meets their needs.Have a reference point when looking for savings plans.[...] Female-only college and university STEM programs are coming under fire for male discrimination as they attempt to "redress gender imbalance" in fields such as computer science and engineering. These scholarship essay examples are provided for insight on how to write a scholarship essay.The optimal way to navigate the financial aid process is conducting thorough research. We update our site with the latest news on financial aid changes that affect how much you will receive from the government.Check out our links for updated financial aid news to determine what higher education institutions are doing to affect students’ financial aid packages.The federal government discharged more than million in student loan debt for former students of recently closed for-profit colleges.Students who attended programs operated by Education Corporation of America, Dream Center Education Holdings, Vatterott College and Charlotte School of Law will be able to qualify for a full discharge of their federal loans if they were enrolled when their college closed or withdrew within 120 days of the official closure date and didn’t transfer to another institution, according to Inside Higher Education.