Coverdell Educational Savings Account

Coverdell Educational Savings Account (ESA) – Guide

A Coverdell Educational Savings Account (ESA) offers tax savings. Also, help you to manage how and where you invest your contributions.  Because of that,  this educational saving account represents a great way to save for your child’s college education. Coverdell Educational Savings Account (ESA was originally introduced in 1997 as the Education IRA. Also known as…

The Complete Guide to 17 Benefits of 529 Plan

  As the cost of higher education, each year continues to grow 529 college savings plans become a great solution for many parents and grandparents when it comes to saving for their kids’ and grandkids’ college education. While most people are catching on to the appeal of 529 plans, which offer tax-advantaged investments to pay for qualified…

FAFSA FAQs

Do I qualify for financial aid?   Every student is eligible to submit the FAFSA. But you have to be aware that not everyone will get all types of financial aid.   Also you must know that different types of financial aid have different eligibility criteria. Generally, most grants are need-based and most scholarships are…

FAFSA numbers -What are the mayor FAFSA numbers?

What are the mayor FAFSA numbers? Or what are FAFSA numbers at all? Or if you wonder what main numbers you will need (and what they mean) to fill out your FAFSA application maybe in this article you will find useful tips. One of the mayor FAFSA numbers.  An FSA ID gives you access to Federal…

Federal PLUS Loan

Federal PLUS Loans are funds that may be borrowed by graduate or professional students and parents.A federal PLUS loan is a low-interest loan program. The amount parents may borrow is the Cost of Attendance (COA) minus any other aid (grants, scholarships, loans and work-study) the student will receive for the academic year. Sixty days after the…

When referring to student loans what is a grace period

What Exactly Is a Student Loan Grace Period?   You’ve graduated college and are ready to exist in the “real world.” Problem is that even though your school years are behind you, you’ll probably be paying for them for years to come. Fortunately, you usually do not have to start repaying your loans right away….

Conolidate student loans

Consolidate Student Loans

  The term, consolidate  student  loans  specifically means to use one larger loan to repay several smaller loans. This allows the student loan holder to have just one monthly payment to make. However, it is also possible to use student loan consolidation as a way of getting a lower interest rate on the loans you currently have. Consolidate…

Importance of Comparing Colleges by Location

Tһеге аге ѕо mаnу factors tһаt gо іntо making tһе college decision – fгоm academic reputation tо finding tһе гіgһt fit tо affordability. Bеуоnԁ tһе institutions themselves, it’s аӏѕо important tо compare colleges bу location. Wһеге а college campus іѕ саn һаνе а big effect оn wһеtһег ог nоt it’s financially feasible tо attend. Tаkе…

College Student Loan Programs Best Ways to Deals With Them

It is a fact that every year, college tuition costs continually rise. Because of this, many high school graduates are now considering going to work first before they enter college. This way, they hope save enough money in order for them to enter college without worrying too much about their financial obligations.

Options for Paying Your Student Loan

There are many options for paying back your students loan . Many believe that these four options, which we’ll describe below, are the main. If you get a good job once out of college, and can afford to make steep monthly payments, go with the standard payment schedule.