Financial Aid Blog

Grace period coming to an end?

Informative article for 2011 graduates.

US News and World Report - Student Loan Ranger

 

Comments(0)
 | Read More »

 

How Do You Stack Up on Credit Card Debt?

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 or November 11 at 1:00 p.m. Central time and learn how credit

Comments(0)
 | Read More »

 

Bad news for graduate student loan borrowers

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.

Comments(0)
 | Read More »

 

More info for recent Grads.

5 Ways to Ease Student Loan Payments

 

Comments(0)
 | Read More »

 

Scholarship Opportunity

Eastern Star - the women's association of the Masons - is giving out
scholarships to women - to apply they must contact Arlene Glander at
arlene.glander.star@gmail.com -- 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.

Comments(0)
 | Read More »

 

For Soon to be and recent grads .....................

Income Based Repayment - new repayment option for your student loans:

Student Loans: Making Them More Affordable

- CBS MoneyWatch.com

And

Top 5 Tips to Take Charge of Your Student Loans

-ABCNEWS/Money

 

 

Comments(0)
 | Read More »

 

Student Credit Card Use Could Cause Problems Later

Informative article on the use of credit cards.

US News and World Report Student Loan Ranger

Comments(0)
 | Read More »

 

Trust in the Lord Scholarship - New Opportunity

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
Lord and

Comments(0)
 | Read More »

 

Top Ten Student Financial Literacy Resources On The Web

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

 

 

Comments(0)
 | Read More »

 

Graduates and those soon to graduate.....................

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.

Comments(0)
 | Read More »