Financial Aid Blog

MAKE SMART AND INFORMED FINANCIAL DECISIONS

Your financial wellness is important.  Credit, or too much of a good thing, affects many fundamental aspects of our lives.  Make smart and informed financial decisions as you move through the many segments of your life.  To obtain valuable and resourceful information that can assist with these stages, visit (and bookmark) www.credit.com/life_stages/ for practical guidance.

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HOW MUCH FINANCIAL AID HAVE YOU BORROWED?

Keep good records of the amount of student loans that you have borrowed while attending both undergrad and grad school.  Compare your records against the federal loans listed at www.nslds.ed.gov for accuracy.  The servicer of the loan – the company you will work with throughout the repayment of your loan(s) – can also be found here.  Familiarize yourself with this website; it will be a valuable resource throughout the repayment period of your loan(s). 

Private, non-federal

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Scholarship Opportunity

B.Davis Scholarship -  one month to deadline

The deadline is approaching for the 2011 B.Davis Scholarship.   Please visit our website at http://www.studentawardsearch.com/scholarships.htm to read about us and to provide your students with an opportunity to apply for our scholarship.   Applications must be received by May 27, 2011   Amount of Scholarship:  $1,000   If you have any questions, please feel free to contact us at awards@studentawardsearch.com

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TAKE CONTROL OF YOUR FINANCES

Increase your Financial IQ and attend a series of Money Monday webinars that will highlight various aspects of personal financial wellness.   A different topic will be covered each month.  When you finish the series, you will have the tools you need to talk about money with confidence, manage finances more responsibly, and make solid financial plans for the future.

Registration is required at www.nelnet.com/moneymondays.

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DO YOU KNOW WHAT IS ON YOUR CREDIT REPORT?

A credit report is a payment history that third parties can access and use to make decisions about you.  Everyone has access to their credit report and it is each person’s responsibility to ensure its accuracy.  You can obtain a free copy of your credit report on an annual basis at www.annualcreditreport.com

Don’t delay -  obtain your free credit report now!

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Scholarship Resource

Please see the following link for a handy guide to finding scholarships.

 

The Big Book of College Scholarship and Financial Aid Information

 

Very comprehensive guide for finding and appying for scholarships. The download .pdf version is free.  Please let me know if you find out otherwise.

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Award Letters Have Started Going Out

Award letters have started going out.  We will process in the order that your file was completed.

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Scholarship Opportunity for United Methodist Students

The Grannis-Martin Memorial Foundation gives scholarships to students with a Minnesota connection through church, family, a Minnesota institution or organization in which the applicants are or have been involved, and who are entering or currently attending a seminary with plans to work in a United Methodist ministry. 

www.fumc-stcloud.org

The awards are originally made as loans with one-third of the outstanding loan balance forgiven for each year of service to the United Methodist

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