"Hey Dad!" Womens Nike Air Presto Pink Australia , my son screamed from our front door, "I did it, I was accepted to Boston University.". My momentary exhilaration was overshadowed by the financial realities of college, especially private college. A quick calculation of my costs for 4 years of tuition, and expenses came to roughly $250 Mens Nike Air Presto Flyknit Ultra High Blue Australia ,000, a very intimidating figure. Overwhelmed I thought, how could I possibly afford to send him to college? Fortunately, there are various options available to finance this academic endeavor.
Federal programs are the single, largest source of school loan consolidation. The first step in applying for this type of aid is going on the Free Application for Federal Student Aid (FAFSA) website Mens Nike Air Presto Flyknit Ultra High White Australia , at , and fill out a comprehensive questionnaire. It generally takes around 7 days to process, at which point you will receive a Data Release Number, and Estimated Financial Contribution. It is important to find out if the school you will be attending participates in the federal student aid programs, most do.
There are several federal programs available for student aid Womens Nike Air Presto Grey Pink Australia , assuming school participation. The Federal Stafford Loans, are available to both undergraduate and graduate students. First-year undergraduates are eligible for loans up to $2,625. Amounts increase for subsequent years of study, with higher amounts for graduate students. The interest rate is variable, but never exceeds 8.25 percent. The Federal PLUS Loans are unsubsidized loans made to parents; the interest rate is variable Men's Nike Air Presto Safari Black Yellow Australia , but never exceeds 9 percent. Federal Work Study provides jobs to undergraduate and graduate students, allowing them to earn money to pay education expenses. These are the major federal sources of loan money for college.
Private education loans are also available from a variety of sources to provide supplemental funding when other financial aid does not cover costs. These loans are not sponsored by government agencies, and are offered by banks or other financial institutions. Sallie Mae is a unique loan that consists of a comprehensive package of both private and federal loans.
After accumulating 4 years of undergraduate education loans, it is best to consider a School Loan Consolidation Program. Very simply, you can elect to combine all your outstanding loans into one student consolidated loan Mens Nike Air Presto Green Australia , which may create more favorable terms and simplify repayment, benefiting both the borrower, and the lending agency. Major benefits include the convenience of lower monthly payments, a single fixed rate, and one payment per month. There is a minor downside Mens Nike Air Presto QS Blue White Australia , however, students who do not consolidate their Stafford loans will have a 6-month grace period after graduation to begin making payments. Students who consolidate must begin making payments within 60 days of their consolidation. Both parents and students are eligible to consolidate student loans. The school loan consolidation program streamlines repayment by eliminating different terms, repayment schedules, and lenders.
Will I be able to afford my son's college education? Careful financial planning, and research should make this endeavor a reality. While it is true that college tuitions continue to rise Womens Nike Air Presto Purple Australia , there is more financial aid available to compensate for the increases. Ultimately, a good education is your best investment.
About the author: Jay B Stockman is a contributing editor for Online College Loan Refinance Resource. Visit more information.
Best Way To Own A Free Laptop Online Computers Articles | December 31, 2011 Learning has become a lot easier with the help of technology. Students can now access a wide range of knowledge materials with the help of the internet. For college students, reports and presentations can now be done more efficiently and effectively with the help of laptop computers and software?s.
Learning has become a lot easier with the help of technology. Students can now access a wide range of knowledge materials with the help of the internet. For college students, reports and presentations can now be done more efficiently and effectively with the help of laptop computers and software?s. Important files can also be saved in one hard drive Nike Air Presto Burgundy Australia , thus avoiding misplacing them.? Laptops and notebooks are very useful for students. That is why students are attracted to the promos of companies like the Free Laptop for Students promos.
Online Free Laptop proposals are great deals since not every student is financially capable of buying an expensive brand new laptop. But are they legit? Yes, there are some that are legit and some that are scams. Companies use the strategy of giving away laptops to invite people to go to their websites and get their products known. But some use this as their modus operandi to take advantage of peoples need or want to have a laptop. It will be a bit difficult to choose which one should you go for, but the good news is there are legitimate sites and many have won free laptops already.
Why do companies do this? This is their way to get people to go to their websites. They use marketing strategies like raffles or contests wherein they give away cool gadgets. This gives those who can?t afford to buy new laptops the chance to finally get their hands on their desired gadget for no cost.
Computer companies use laptop tests to promote their company especially if they don?t have a testing department within their company. Product testing will be done with the participation of web users. If a participant finishes the test successfully, then he or she wins a free laptop.