It’s that time of the year again, when college students prepare for finals, and high school seniors make a few last edits on their college essays. But there’s another important lesson students shouldn’t overlook: learning how to best take advantage of higher education tax benefits
available from Uncle Sam
Our office would recommend that you NOT participate in a National Student-Debt Refusal campaign. Hopefully the idea alone will get the attention of lawmakers, but participating can only do serious damage to your credit rating. See more at:
I know many of you are getting confusing information concerning the recent changes enacted by President Obama. Below is a link to the clearest information that we have found. We will continue to monitor these changes and update you as warranted.
Clearing Up Some Confusion About the New Federal Student Loan Rules
Budget Control Act of 2011 - All have an effective date of July 1, 2012
1. Elimination of the Subsidized Direct Loan for graduate students.
2. Elimination of the 1/2% upfront rebate.
3. Elimination of 1/4% interest rate reduction for auto debit in repayment.
We will be sending out a mass email with further details. But the main item - No more Subsidized Direct Loans for graduate students starting July 2012.
Eastern Star - the women's association of the Masons - is giving out
scholarships to women - to apply they must contact Arlene Glander at firstname.lastname@example.org
-- the interview date for the
scholarship will be Sept 16th - there is a lengthy form to fill out
before the interview date. Scholarships range in the neighborhood of
$1,000 and will be give for the Sept 2012 school year.
Income Based Repayment - new repayment option for your student loans:
Student Loans: Making Them More Affordable
- CBS MoneyWatch.com
Top 5 Tips to Take Charge of Your Student Loans
Informative article on the use of credit cards.
US News and World Report Student Loan Ranger
The Trust in the Lord scholarship was created in 2011 in
memory of Carol Stiles. Carol was a woman of deep faith
who raised her four boys in the faith and led her life in a
way that touched many lives with the love of Jesus. In the
fall of 2010, Carol passed away after a thirteen-year
struggle with breast cancer. She always kept the faith and
believed that “even though I may have cancer, cancer
doesn’t have me!”
Carol’s faith demonstrated how strongly she trusted in the