The Average College Student Has $3,200 on Credit Cards—How Do You Stack Up?
If you're a typical student, you carry an average of $3,200 in credit card debt. If your credit card's interest rate is about 14% and you pay $100 a month, it will take you almost three and a half years to pay off your debt, including an additional $829 in interest.
Join the Great Lakes webinar "Credit Card Smarts" on
November 4 at 1:00 p.m. Central time
November 11 at 1:00 p.m. Central time
and learn how credit
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
Looking for an online resource to help with understanding your finances? Check out one of these sites:
Top Ten Student Financial Literacy Resources On The Web | cheapscholar.org
Concerned about the size of your monthly payments? Help is very close. If you haven't already you may want to talk to your lender about Income Based Repayment. A new repayment plans for Federal student loans that will base your payments on your family size and household income. For the best source of information please see www.ibrinfo.org.