I came across makemeafreshman.com and it looks like a pretty handy tool for managing your college applications. (I also asked a couple of high school seniors to check it out and they said the same thing.) It’s a free website in which you enter the colleges to which you plan to apply and it tracks all of the forms and deadlines for…
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A high SAT score is a great source of merit aid so it’s important to understand the test before you take it. You may have heard about changes coming to the SAT. One big change is has to do with the penalty for guessing. Currently, test takers receive one point for each correct answer and are penalized 1/4 point for…
Since 2013, interest rates on federal student loans are tied to the financial markets, specifically the yield of the 10-year Treasury note yield at its May auction. With the yield 0.37% lower than a year ago, interest rates on federal loans have also gone down by that amount.
Not a lot of surprises here. For those with a student heading off to college this fall, remember the rule of thumb: keep your student loan debt to less than your projected first-year salary.
With college graduations starting to take place, many students who have borrowed to pay for college are entering the 6-month “grace period” on their student loans. During this time, no payments are required. Woo hoo, right?