If you and your student believe that no cost is too high to attend your dream school, please read this before signing for the loans required.
The most common federal student loans are Stafford and PLUS loans. The biggest distinction between the two is that, for undergraduates, Stafford loans are loans made to students and PLUS loans are loans made to parents. Regardless of who’s going to be repaying the loan, it’s worth looking at both to determine which is a better deal. With a Stafford…
For many families, it’s crunch time: your student has accepted admission at a college and now you have to figure out how to pay for it. Most families borrow some or all of the cost of college. There are tons of ways to borrow, and you can always find someone willing to loan you money for college. The key is…
Are you the parent of a high school junior? If so, 2014 is your “base year” for financial aid purposes. What does that mean? It means that your initial financial aid applications—FAFSA and/or CSS PROFILE—will be based on your income and assets for 2014. Now is a good time to make plans or adjustments that will help you in aid…
Many parents who aren’t sure if their children will pursue 4-year degrees think that 529 plans are therefore not for them. If that sounds like you, you may be surprised to learn that funds in 529 plans can be used at a wide range of schools including community colleges, technical, trade and professional schools. Any school that is eligible for…