Financial Aid Loans

Fasfa

October 2, 2011 - Posted in Uncategorized - Permalink

American fathers can now fulfill their educational dreams that had to be stalled due to various personal, financial, social and family-related reasons. President Obama has designed a scholarship plan specifically for fathers to help them complete their post secondary education. This scholarship is provisioned in the Federal Pell Grant.

Obama being a father realizes that the ratio of fathers in the set of those deprived from higher education is very high as fathers often have to sacrifice their educational dreams for varying responsibilities. For such fathers who wish to go back to school but find them short of money, this scholarship plan comes as a once in a lifetime opportunity that they must hold on to.

The grant Obama is providing is ,000 per year or 00 per semester for up to 18 semesters or its equivalent time frame. This scholarship amount usually covers student's tuition fees, expenditures on books and other daily expenses incurred during education. This scholarship is awarded to fathers once they enroll for any higher education at any participating institute and apply to the government with their age and nationality proof. Obama's scholarship plan is not limited to regular courses only; it also covers online and part-time courses which will definitely benefit those who have to dedicate their time somewhere else such as kids, jobs, etc.

Application forms are easily available at FASFA's official website. For any additional information regarding the scholarship, fathers can either contact their school in person or they can also simply log on to Federal Government's or FASFA's website.

Frequently Asked Questions

QUESTION:
FASFA??????????????????????
for a high school student in 12 grade, for what year should i fill the Fasfa out ? is it 2009-2010 OR 2010-2011?
- ANSWER:
  No if your attending school for the fall 2010 semester or spring 2011 then fill out the 2010-2011 fafsa
QUESTION:
How to fill out a fasfa and recieve financial aid for college?
I am a single mother living with my grandma. I do not recieve child support from father, However my grandparents and family help buy my son food and diapers. He is not on anyones tax forms (if thats what its called) So how would i get financial aid and how would i feel out a fasfa to make sure i get money? I do not have a job either, but looking for a job.
- ANSWER:
  Here is the site for the application.
  http://www.fafsa.ed.gov/
QUESTION:
What is the deadline for fasfa this year?
I am planning to return to school this fall semester, so my question is when is the deadline to fill out fasfa for the fall semester? Please go into details if you really know? Thank you in advance!
- ANSWER:
  June 30, 2011 is the federal deadline for the 2010-2011 school year, but each state has its own deadline. Check your state deadline for maximum aid.
QUESTION:
How do I go by asking Fasfa for money for a computer for school?
I need a little extra cash for books and a decent working computer for school. My old one's on its last leg and I really have no money to speak of. Can Fasfa give a little extra to cover this expense to help me get a computer? If so, how do I go by this?
- ANSWER:
  FAFSA is not a source of financial aid. It's just a form that you complete if you want to be eligible for Federal grants and subsidized loans for school. There's no way to ask for money for anything specific.
  
  If you are going to be a college freshman and your school requires a computer, an estimate of the cost of that will be part of your "cost of attendance" - the typical total of tuition, room and board, books, transportation and incidental expenses for a student at your college. If you have any financial aid left over after the things that go directly on your bill at school (tuition and room and board), it will likely be paid out to you several weeks into your first semester. That would help cover the computer.
QUESTION:
How much is considered low income for fasfa?
I am applying for a fasfa. What would be considered low income. There are 5 people living in my house. My mom and brother's don't work and neither do i. I have a stepbrother hes 6 years old.How much is considered low income?
- ANSWER:
  I agree. It doesn't matter what low income is because anyone can get aid in the form of low interest student loans.
  
  Just be sure you use the DR tax forms to report how much your parents earnings were for 2008 and be sure you correctly convert them to US dollars.
QUESTION:
What if I missed the FASFA deadline, is there anyway to get financial aid if I missed it?
See I did not know I was going to graduate early so i did not fill out the FASFA.But now I am out of school and want to start my college courses. Did i totally screw myself or is there another way.
Please help I have to get out of my house. This is my personal hell.
- ANSWER:
  The deadline for FAFSA and fin aid for the 09-10 academic year isn't until June 30, 2010. You haven't missed the federal deadline so you'll still get aid, you prob missed a school or state "priority" deadline, that is all. You will still get federal fin aid.
QUESTION:
How do i sign up for FASFA and do i need to apply for independent status?
i've just been kicked out and need to apply for FASFA. im planning on going to ivy tech community college but wasn't sure what i needed to do to apply.
- ANSWER:
  First go fill out your FAFSA on the web.
  http://www.fafsa.ed.gov/
  It usually takes only a few days to get back the results. You dont file for independant on the fafsa itself. If you cannot put your family's infomration in.. just skip that part. If they need information from you, your EFC(expected family contribution) will be on your SAR (student aid report) (which after a few days of you filling out your FAFSA, you will recieve a email stating that your SAR will be ready to view.) If it has a star behind the number, you will need to bring in suporting documents for the school to view. (taxes papers, W-2's.. etc)
  Your school wants your FAFSA done by March 10th to recieve any state aid as well, so you may want to hurry.
  
  Once you have done that, apply for you college.
  
  http://www.ivytech.edu/apply-now.html
  
  They will contact you with information you may need for your admissions packet, and contact you with an award letter on how much financial aid you will need.
  You may also look for scholarships at your school as well. You need to do this soon, they have importnant deadlines that you must meet, and they are usually comming up soon.
  http://www.ivytech.edu/financialaid/scholarships.html
  
  You school has a very helpful part of financial aid...
  http://www.ivytech.edu/financialaid/
  
  hope this helps!!
QUESTION:
How does getting married affect my FASFA?
My boyfriend and I are planning to get married sometime in the future. I am going to have to do 5 years of school and should *crosses fingers* graduate in fall of 2012. My boyfriend should graduate *crosses fingers* Spring of 2011.

How would getting married sometime in between those dates affect my FASFA? Also, is there any benefits I get from being married? Thanks!
- ANSWER:
  You're still young, so be careful. This is a big, life-changing decision.
  
  Now, since you are under 24, not married and don't have any children (I'm assuming all this), you have to claim your and your parents' tax information. When you get married, you'll claim yours and your then-husband's. If you and your then-husband make more then your parents and you combined, you'll obviously get less financial aid.
  
  Let's say you get married on, I don't know, January 5th, 2010. You'll have to correct your FAFSA for 2010-2011 if you already entered it (though chances are you wouldn't have already). I don't think you'll have to do your 2009-2010, since you made that when you weren't married. But talk to your colleges.
  
  Good luck with your education and marriage.
QUESTION:
How do I fill out the 2010 IRS income tax return portion of the FASFA for college?
My mom has not completed her form and she usually gets hers done by someone else. Is there any way I can calculate the numbers the FASFA (financial aid) asks for on my own? My deadline is February 1st so I need to act quick!

Thanks in advance!
- ANSWER:
  You can fill out the FAFSA without your mom's completed return by selecting the option for "will file 2010 tax return" when it asks for her information. It should then ask you a series of questions to estimate your EFC based on her income. This gets your application in before the priority deadline at your school. Then, when her taxes are complete, you must go back to fafsa.gov and file a correction form to input the exact numbers from her return.
  
  Also, if for some reason you don't get your form in before February 1st, don't worry too much about it. That's a priority deadline set by your school... you can still file after that date and receive aid, you just may not be eligible for all aid programs specific to your state or school. You should still be able to receive the Pell Grant and Stafford Loans if you qualify for them.
QUESTION:
If I fill out a FASFA will the student be allowed to view my financial information?
Student wants parent to fill out FASFA form. Parent does not understand why their information is needed if they will not be responsible for repayment.
- ANSWER:
  The information is needed to determine how much grant money the government will provide student. Yes the student can view the financial info if it is provided to student. In order to avoid this, have the student fill out paperwork, provide to you and you turn paperwork in . FASFA is not re-paid. It is government grant program, it does matter what parental income is as the government program is in place to help students who truly need assistance with fees. The government (US) feels that parents who make a certain income should be responsible for tuiton and assisting child, or the child obtain financing.
QUESTION:
How do I remove my mothers information from my fasfa?
I made a mistake by adding my moms information on my fasfa, I ment to be independent. I want to completly remove my mothers information from my fasfa. I tryed to completly remove her information, but It wouldn't let me, it would only let me change the information.

I'm stuck here, what do I need to do to totally remove her information?
- ANSWER:
  Unless you can answer YES to one or more of the 13 dependency status questions you have to include your parents information. It won't let you remove her info because you are not considered independent. Be aware you can't CHOOSE to be independent. Either you meet the criteria or you do not.
  
  Since you are considered dependent, you have no other option except to enter the rest of her information in (and her husband's info if she is currently married).
QUESTION:
Is it possible to switch schools while still filling out the FASFA form?
I am going to study in Japan through the Japan Center for Michigan Universities in the fall of 2012. I am currently attending Baker College of Muskegon. I am going for my bachelors of Human services. I will have my associates in the spring of 2012. Is it possible to fill out my FASFA for the Japan Center for Michigan Universities for the 2012-2013 school year, then switch back to Baker for the 2013-2014 school year?
- ANSWER:
  I believe this is completely doable, as long as you list the appropriate school in your FAFSA. You should always contact a financial aid representative at the schools to make sure this is possible and how it would work.
  
  Good Luck! =)
QUESTION:
How do i do my FASFA for college if i sent my taxes to the IRS?
Last time i did my fasfa i had my taxes done by h and r block but this year i just simply sent my taxes in because i didnt make that much. How do i do my fasfa if i sent my taxes in to the irs?

I live in Texas if that matters at all.
- ANSWER:
  You can call the IRS and ask for a "tax transcript" to be sent to you. THis is a process that can take a couple of weeks, but it is free. If you want an actual copy of the tax form it will cost you about 30 dollars. You are required by law to keep your tax documents for 7 years after filing. Next time be sure you keep copies of them before you mail them.
QUESTION:
Can you receive a Pell Grant twice for two different FASFA years?
If you have already received a Pell Grant once for your first FASFA, can you recieve another one for another FASFA year?
- ANSWER:
  yes
QUESTION:
What happens if you fill out the fasfa and not the CSS for a college that requires these forms?
I applied t a few Ivy league schools that require this, but with the CSS my parents feel uncomfortable when filling it out (because it requires too much personal info). If I do not fill the CSS out and fill out the Fasfa will it affect the college admissions decisions or just the financial aid decision ?
- ANSWER:
  It will not affect your admission's decisions. However, you will only be eligible for federal aid. This means that you will come no where close to covering the cost of your tuition let alone your housing, books and other expenses.
  If you hope to get any university aid you will need to fill out the CSS profile for schools that require it.
QUESTION:
How old do you have to be in order to fill out a fasfa?
I graduate at the age of seventeen. The college classes that I want to apply to start the day after I turn 18 (Aug 24 is my b-day, classes start Aug 25) How can I get a fasfa? If not possible are there any other sources of money I can get? Please help!
- ANSWER:
  You can fill out a fasfa as young as 17, idk if it goes any lower, but I was 17 when I filled it out. I filled it out with all my parents info though. If its by yourself, i would assume you must be 18.
QUESTION:
Is it better to have seperated or married parents when filling out a FASFA?
My parents are legally married but actually seperated. Would i get more money from my FASFA by putting them as seperated?
Well it is allowed because legally they are married but I guess they would actually be considered seperated. I just don't know which would be better to put.
- ANSWER:
  Blackjack:
  
  If your mother and father do not live in the same household, and consider their marriage 'ended', they are separated for FAFSA purposes.
  
  You would choose "Divorced/separated" as the answer to Question 61, and enter the approximate date that your father or mother moved out as the response to Question 62.
  
  If your parents are divorced or separated, you will be required to provide the financial information for the parent that you lived with most during 2008. If your parents filed a joint tax return, you'll have to recalculate their adjusted gross income and taxes paid figures, so as to separate the financials of the parent that you are reporting from the other parent.
  
  If, by rare coincidence, you lived with your parents equally in 2008, you must provide the financial information for the parent who provided you with the greatest amount of financial support last year. Keep in mind that "the greatest amount of financial support" does not refer to which parent was more likely to give you money for gas or a trip to the mall - the bulk of your financial support was your housing, your food, and your insurance.
  
  If your parents are still living together, but they're really unhappy, and it's just a matter of time until one moves out and they start the inevitable process of getting divorced - that's not the same thing as being separated. Remember that the FAFSA is a measure of last year's finances and household circumstances - not "what everyone knows is just a matter of time".
  
  Your question suggests that you're trying to figure out how you can "best" answer the FAFSA questions in order to maximize your chances of aid. I would strongly recommend that you not spend too much time focusing on that.
  
  By federal law, 30% of all FAFSA applications are randomly selected for verification each year - more applications are intentionally selected for verification because of "red flags" that show up in an applicant's responses. Either way, if your application is selected for verification, you will receive a letter from your financial aid office, with an additional form for you to complete, plus the instruction to bring signed copies of your parents' 2008 tax returns, and W-2 forms to the aid office for review. If your answers on the FAFSA do not match the documentation that you are able to provide, your aid eligibility will be recalculated.
  
  Information that is considerably different than the data that was provided on the FAFSA may result in a bar from participation in the aid program, and, as the FAFSA itself details, an applicant convicted of attempting to defraud the federal government's financial aid program faces jail time and/or a fine not to exceed ,000.
  
  Remember - your chances of being verified are 30% every year, so the odds that you'll be verified at least once are pretty high. I strongly advise all financial aid applicants to complete the FAFSA with verifiable information, rather than worrying about trying to find ways to maximize their aid.
  
  Good luck to you.
QUESTION:
How to apply for work study, FASFA already submitted?
I already submitted my FASFA application for the 2011-2012 school and I did not select work study. I have to quit my current job due to my school schedule in the fall and would like to apply for work study. How do I do this since I already submitted my fasfa application? Also, is there a way to note that I will be quitting my job, so that my current job info & last years income do not affect my eligibility?

Thank you!
- ANSWER:
  Just contact your school, work-study is done though the school, they aren't required to give you a job either....they give work-study jobs in financial aid preference. Your school can set you though the process.
QUESTION:
How will my 2008 tax record affect applying for FASFA in 2009?
I am going back to college. I worked all of last year until getting laid off in Dec. I also withdrew my entire 401K and my taxes reflect that amount as income. I am no longer working, I collect unemployment and food-stamps. I am also single with no small children. Without FASFA I will not be able to attend community college.

Will my '08 tax information be a problem for financing?
- ANSWER:
  Yes and no. You have to provide your 2008 tax information for your 2009-2010 fasfa. So, when you fill it out, you'll probably won't qualify for pell.
  
  However, go to your school and do a professional judgement. Tell them what your current hardship is and provide evidence such as your tax return, separation notice of employement, previous check stub, and all your unemployment benefits from department of labor.
  
  The director there can then judgement your CURRENT financial situation based on current data, not previous data.
QUESTION:
Can a citizen of a different country like Japan and India be legible for FASFA scholarship?
Can a citizen of a different country like Japan and India be legible for FASFA scholarship?
How does a person apply for the pin?
- ANSWER:
  Here's the eligibility language from the FAFSA itself:
  
  "Generally you are an eligible noncitizen if you are:
  
  • A permanent U.S. resident with a Permanent Resident Card (I-551);
  
  • A conditional permanent resident (I-551C); or
  
  • The holder of an Arrival-Departure Record (I-94) from the Department of Homeland Security showing any of the following designations: “Refugee,” “Asylum Granted,” “Parolee” (I-94 confirms paroled for a minimum of one year and status has not expired), “Victim of human trafficking,” T-Visa holder (T-1, T-2, T-3, etc.) or “Cuban-Haitian Entrant.”"
QUESTION:
How would someone get into college if they cant afford and cant get their parents info for the fasfa?
I want to go back to school but was told that I cant get financial aide without filling out a fasfa. In order to do that I was told I would need my parents information which I cant get. But in order to become a nurse like I want to I need to go to lots of college. Is there anyway around the fasfa?
- ANSWER:
  If you cannot answer "Yes" to any of the following questions:
  
  Were you born before January 1, 1984
  Are you a Graduate student
  Are you married
  Do you have children/dependents who receive more than half of their support from you?
  Are you an orphan or ward of the court
  Are you a veteran of the U.S. Armed Forces
  
  then you must provide your parents info. You can complete the FAFSA without their information, but it will be rejected.
  
  Having said all that, you can talk to a financial aid officer at your school to see about doing a Dependency Override if you have an extenuating circumstance. Most of the time you won't receive a D.O. just because you don't live with your parents, but if you have a good reason as to why you can't get their information, the financial aid office may be able to work with you.
  
  Good luck!
QUESTION:
Does FASFA award about as much money in the summer as they do for the regular full-time semester?
My college offers summer classes during three sessions, this summer. I am planning on taking as many as possible-15 hours. How much money does fasfa award for summer college classes, in comparison to classes during the regular semesters, for a full-time student?
- ANSWER:
  You get the same amount as long as you fill it out. The closer you fill out your FAFSA to January first the more money you get and you get to keep onto it for that year until you spend it.
  
  Hope I helped.
QUESTION:
How can you fill out fasfa without parents?
I am 18, have not heard from my father in years, and not on speaking terms with my mother. I want to go to college but cant fill out my fasfa with out my parents information. what should i do? is there anyway i can file with out them?
- ANSWER:
  Contrary to what Judith said, you are under the age of 24 so you are still a dependent for financial aid purposes. There are rules regarding independent status for financial aid:
  
  Must be married or
  Have a dependent child or
  Be over the age of 24 or
  Be an emancipated minor
  
  If you cannot say yes to one of those you are a dependent for financial aid purposes and need parent info, in this your mother's info.
  
  here is a fafsa worksheet to determine if you are a dependent or independent.
  http://www.fafsa.ed.gov/FOTWWebApp/fotw0910/WorksheetServlet?locale=en_US&wstype=WSDEP
QUESTION:
Is there a link to determining if you are eligible for Fasfa help?
Would there be like a practice of questions link to base if you qualify for financial aid thru fasfa for a community college?
- ANSWER:
  To receive federal student aid, you must meet the following requirements:
  
  -Demonstrate financial need (for need-based programs only).
  -Have a high school diploma or General Education Development (GED) certificate, or pass a test approved by the U.S. Department of Education.
  -Have a valid Social Security number (unless you are from the Republic of the Marshall Islands, the Federated States of Micronesia, or the Republic of Palau).
  
  -Be a U.S. citizen or an eligible non-citizen.
  -Be enrolled in an eligible associate, bachelor, or graduate degree program.
  -Certify that you will use federal student aid only for education purposes.
  -Certify that you are not in default on a federal student loan and that you do not owe money on a federal student grant.
  -Maintain satisfactory academic progress while in school.
  -Comply with the Selective Service registration, if required.
  
  If you've been convicted under federal or state law of selling or possessing illegal drugs, you may not be able to receive federal student aid.
  
  If you are unsure if your community college will qualify, contact someone at their financial aid department, and/or look on their website for that info.
QUESTION:
Is there a limit to scholarship cash you can have when getting a FASFA?
The form says not to count cash received from scholarships when disclosing cash. I was wondering; however, if there really is a dollar limit on scholarship money on hand without needing to disclose it. I know someone with unused FASFA money from a previous school year, they do not acknowledge it on the form because of this statement. Can this be a problem?
- ANSWER:
  Money you have in cash savings and checking accounts that is a part of this kind of financial aid you got (grants, loans, scholarships) should NOT be reported on the fafsa.
  
  For example: You got a refund check from a Pell grant and loan of 4000 and put it in your savings account. When you filled out the fafsa, you still had that 4000. Since it was a part of your aid, you do NOT report it on the fafsa form. No, there is not dollar amount limit. You don't report it. If the refund was 10,000 and you still had it when you did your fafsa, you should not report it.
  
  PS: Most scholarships have no "cash" value and it is very rare for you to actually GET this money in cash after all your tuition and fees are paid for.
QUESTION:
How much help should i expect from FASFA?
I am a senior this year and i applied for FASFA and I wanted to know how much aid i would get. I really don't have any Scholarships offers. My mom makes 27,000 and dad doesn't contribute to the family. So pretty much he doesn't live here. I also have a brother in High school that might be attending college in 2011. Is this gonna effect how much I get from FASFA?
- ANSWER:
  The FAFSA is a great tool for colleges to figure out at a glance what your needs are. They will determine your "EFC" or Expected Family Contribution. That will be how much you and your family must contribute to your tuition through paying bills or getting private loans. The school will do its best to cover tuition costs through scholarship and federal loans for the rest of the cost.
  
  If you feel the EFC is too much for your family to handle, talk to your financial aid officer at your college for more options.
  
  Your younger brother will probably not have an effect on this FAFSA, but once he is in college it might have an effect. If I remember right, the FAFSA does look at how many family members are in college.
QUESTION:
Is there a correlation between Fasfa and absences?
I'm on my second quarter of college and I used fasfa for both terms. Last term I had a 3.0 gpa. This term I'm 100% sure I'm going to fail every class. So, out of 12 credits I'm going to get 0. Does anyone know if I will have to pay back my financial aid in order to get aid for the next semester or will they just put me on probation? If I have too many absences will I still have to payback?
- ANSWER:
  suggestion withdraw from every class you are failing so that it doesn't affect your gpa. If you have a good excuses you can try and appeal and should be able to get only tap for next semester the rest you will have to pay out of pocket. You will be put on probation if your gpa is lower then what is accepted. well that is with my college your going to have to ask you financial aid office all though it should be at least similar.
QUESTION:
What does an EFC score of 37548 mean after completing the FASFA?
I just filled out my FASFA with mine and my parents information as I intend to go to a community college this fall and was told I had to. What does this score mean?
- ANSWER:
  EFC stands for estimated family contribution, and that score is pretty high. This means that your parents make enough money to pay for your tuition themselves, so the government will not offer you any assistance. You can get a loan to pay, but you do not qualify for grants. I was in the same boat until my family did not count against me (this is at 22 years old when they are no longer needed to fill the info out) and now my EFC is much lower and I can get Stafford loans to help pay my tuition.
QUESTION:
How do i fill out a FASFA when my stepfather dont want to give me his tax papers?
my stepdad does not want to give me is tax papers, he filed for me so i am on is documents. Is there any other ways i can get FASFA without him?
- ANSWER:
  ask the financial aide office at your school...but this happened to one of my daughters friends and they would do nothing for her and her parents haven't had anything to do with her in like 5 years and she supports herself but she STILL had to have their info for the financial aide
QUESTION:
Fasfa and BOGW are they related even if used for different schools?
I applied for FASFA for a CSUB University I was granted a federal pell grant of 00, however I wanted to apply for BOGW at a community College. Are the Fasfa and the BOGW related even if i am applying at different schools? For instance since i received financial aid with the university does that mean i can receive financial aid for the community college as well?
- ANSWER:
  You can receive both at the same time. As long as you don't try to get a PELL Grant at the CC, you will be fine. The BOGW covers you class fees. You will still have to pay any health fees, student fees, etc. the BOGW no longer covers those. I hope this answers you question.
QUESTION:
How soon do colleges receive your FASFA report after its processed?
I submitted my FASFA 5 days ago, and the college I want to attend hasn't gotten the report yet!

How long does it usually take? Does anyone know please??
- ANSWER:
  It depends on the college. It can be as little as 24 hours or sometimes weeks. Were all the signature requirements met? That will hold things up.
  
  What you can do is go back to the FAFSA website and view and print your Student Aid Report. Print the pdf version of it as it's easier to read. Give it to the financial aid office. They will then be able to assess if there are any mistakes that need to be corrected.
  
  A SAR is as good as the ISIR for any school.
QUESTION:
How do I find out how much I qualify for after my app was processed through FASFA?
This is my first time to apply for anything college related and I'm already lost! I applied for financial aid through FASFA, the app was processed and I chose a few schools but now I don't know what to do from here! Any help would be so appreciated!
- ANSWER:
  Have you applied and been accepted to a particular school? There's not really anything to do until then. At that point, you'll talk with a financial aid counselor at your school, and s/he'll tell you what grants and loans you qualify for, and how much.
  
  Right now, the most you can see if your EFC (Estimated Family Contribution). That's what the government thinks that you/your family should be able to pay out of pocket; this should have been shown to you after you finished the form. It doesn't mean much, though; it's the minimum you'll have to pay (or take out as a private loan), but how much you actually get depends on your school -- how much it costs, how much aid they have available, etc.
  
  I'd say your next step is to apply and/or be admitted to college! If you *have* been admitted somewhere and enrolled, contact the financial aid office to check your status. It sounds like you are applying to schools for spring semester, though? If that's the case, all you can do is wait.
QUESTION:
For the FASFA application do i get an account with password/username or do i have to fill it out at one time?
I clicked on applying for fasfa button but it didnt say anything creating a password or username. Does that mean that i have to fill it all out at once?
- ANSWER:
  Go to FAFSA.ED.GOV to fill out your FAFSA. You can do it online, at this website, or print out a form. On the left-hand side is the "Before Beginning your FAFSA"; I suggest starting there.
  
  Apply for a PIN. This is at PIN.ED.GOV. Also, if you are a dependent (less than 24 years old, not married and have no children), then have one of your parents (whichever one who's info you're inputting on your FAFSA, if they are divorced...or just one if they are still married) apply for a PIN.
  
  After you have your PIN and all that, fill out the FAFSA. Go to the "Filling Out A FAFSA" on the left-hand side and then click start below where is says Fill Out My FAFSA in the grey box. There you will apply for the 2010-2011 FAFSA (if you are applying for school anytime between Summer 2010 to Spring 2011). There you will fill out your SSN, Name (last name first!), PIN, DOB and create a password.
  
  Good luck!
QUESTION:
Does getting married change how much money you get from fasfa for school?
Ok I'm 18 and live with my mom and siblings. My mom makes little income so i qualify for fasfa. My question is if i got married, but still live at home would i still qualify for fasfa and still get the same amount of money from it as i would if i wasn't married?
- ANSWER:
  depends on how much your spouse makes and if he/she is a student or not.
QUESTION:
Does how much you have in savings count when filling out your FASFA?
If you have a good amount of money in savings but you have a pretty low income does it affect how much money you will receive from your FASFA?
Well I don't have anything but my mom does. But it's not for my college education.
- ANSWER:
  Your savings can affect your eligibility. However, many things are considered when determining eligibility, such as income and assets, household size and number in college. How much it affects your eligibility will be determined by the amount in your savings account.
QUESTION:
Can you receive FASFA aid if this is your second time attending college?
I graduated from college once before. But, I feel a want/need to go back. Will FASFA help with financial aid for a second time college freshman undergraduate? I work part-time. I'm married with no children.
- ANSWER:
  As long as you haven't take out any Stafford student loans or been awarded and grants from this award year then you should still qualify. If, however, as an undergraduate you have borrowed close to ,500 then you would be at your lifetime undergrad loan limits and not be eligible for further loan aid.
QUESTION:
What does my Esitmated Family Contribution mean for FASFA?
I filled out my FASFA for the new school year 2009-2010, and at the end it always gives you your EFC which is a number. This year mine was 0. What does it mean as far as the bracket I fall in for financial aid? My EFC for last year was: 80846.
..Could the drastic change in my EFC be due to the fact that my father lost alot of money last year 2008?
- ANSWER:
  A 0 EFC score means you will receive the maximum amount of aid.
  
  Unless there was some major change if your life, such a drastic change in your EFC should not be possible.
QUESTION:
Will I still receive FASFA money if I move out?
So I'm planning to move out of the house at 18. Will I still receive money from FASFA for college if I'm out living on my own and not with my parents?
So after 6 months when i reapply, when i'm living on my own, will i still be eligible to receive money from fasfa?
- ANSWER:
  Yes you will. But every six months the FASFA will need to be updated so when it is time to update your form you will have to enter all of your new infomation. Or you can go to the financial aid website and update your fafsa form. But you will still receive financial aid. I provided the website for you to update your FASFA and you will need your 4 digit pin number as well.
QUESTION:
Where can I find information on non-fasfa grants?
I have been going to school part-time for 2 years, but do not qualify for grants through fasfa. They claim I make to much money even though it says that it is for people that make up to twice what I make. I have talked to the advisors at 3 different colleges and they have all told me that Fasfa is the only option for grants. I have googled for non-fasfa grants, and it shows me grants from other countries.
- ANSWER:
  There's a whole section about non-FASFA grants in the National Grant Secrets book. It'll really help you out to read over it.
  
  Umm... here's a website that has other grant stuff and the National Grant Secrets book that I have. http://freegovtgrant.com
QUESTION:
Will filing my Fasfa with my mother affect her?
I'm getting ready to fill out my Fasfa form for the 2009-2010 year. My mother is going back to school this year and will be filling out her own Fasfa this year. I don't qualify to be considered an independent student even though I live in my own apartment. Will putting her information on my fasfa affect her's or cause any complications at all?
- ANSWER:
  If anything, it will entitle both of you to more financial aid money since there will be 2 family members in school at the same time
QUESTION:
When does valley college spend our extra fasfa money out in the mail?
I am a new student at San Bernardino Valley College and I start school on Monday. I don't know when I am getting the leftover money from fasfa. I really need the money to pay books. Also if anyone knows where i can rent or buy cheap books for school to please tell me. I really need to know when i will be getting the money. Please those that have gone to San Bernardino Valley College... please help me out.
- ANSWER:
  Well I don't go to this school but I do know that schools have different times where they send the refund checks out. My school usually sends out the refund check (left over money as you would call it) about a week before classes start. However, like I said your school may be different. Your best bet is to call the financial aid office at your school to get a good idea of when they will send out the funds.
  
  As far as buying/renting books I always go with chegg.com! You can enter your ISBN for the book and it will show you the price.You use them and return them at the end of the semester for free. Or if you want to buy the books try amazon. You enter the ISBN or title of the book (make sure you have the right book).
QUESTION:
How can I add another School in my FASFA Application after I have already submitted it?
I need to add another school in my FASFA application.
- ANSWER:
  Try to go in and correct it in the correction form, if it won't let you you will need to contact someone.
QUESTION:
Does your major affect how much you get from fasfa?
I was just wondering if I choose a different major like professional pilot if fasfa would give me more money to help cover plane costs. I'm in engineering right now and there is really no added costs like the pilot program does.
- ANSWER:
  No. Your major does not matter. The only thing that matters is your income or if you're still a dependent, your parent's income.
QUESTION:
How do I complete the FASFA if my parents filed for a tax extension in '06?
I just found out about a week ago that I needed to file for a FASFA this year to continue school. Turns out my parents filed for a tax extension last year and don't have any of their info completed for me to fill out the form. I was able to use the income estimator to get the rough idea but when it goes to if you wish to use your mother or fathers information I cannot continue without just guessing. How do I get around that. Its not like they are going to file their taxes just to get me some financial aid. Help!
I guess I'm confused. Am I using the taxes they would have filed this April or April of 06'
- ANSWER:
  You can file your FAFSA using estimated data. Use end of year pay stubs and/or W2s. When your parents file their taxes, update your FAFSA with the new data.
  
  If you are selected for verification, you will need to discuss the issue of the extension with the financial aid officer to see how best to complete the verification process.
QUESTION:
how long does my FASFA money stay available for use?
I applied for FASFA this past may (09) and never used any of the money. Can i still use this years FASFA for my new online college or do i have to re-apply?
- ANSWER:
  Kylee:
  
  Your FAFSA application is valid for the entire 2009-2010 academic year. If you transfer to a new school, your FAFSA and your EFC score go with you.
  
  What DOES not transfer is your financial aid package. That package was created by your old school, and if you decide to attend elsewhere, that package is canceled.
  
  When you are accepted to your NEW school, the financial aid office at that school will review your EFC score and provide you with a brand new financial aid package. The types and amounts of aid in that package may be more, less or exactly the same as what you were receiving at your old school.
  
  Keep something in mind - your new school can't ignore the aid that you've already received this year - for example, if you've already taken 50 of your Stafford loan eligibility for the 2009-2010 school year, you can't start over with 00 at your new school - you'll only have 50 left. The same applies to any Pell Grant you might be eligible for - if you've already received Pell funds this year, those amounts will be subtracted from what your new school can offer.
  
  And one more thing - your new school will know EXACTLY what you received at your old school - there's no need for them to ask. All of that information is tracked in a national database known as the National Student Loan Data System (NSLDS), and your school will review your financial aid history there, before they award you any money for the remainder of the school year.
  
  Good luck at your new school!
QUESTION:
How do you fill out your FASFA if your parents are married, but only one of them has filed taxes for 08?
My mom is the only one that has filed her taxes this year, and she filed married but separate for her tax status.

Do I put her as single on my FASFA application, or am I not eligible until her husband files his taxes for 08?
- ANSWER:
  Since she is married, you would say she is married. Note: it is asking her marital status, not how she filed her taxes.
  
  Since she is married, you must also include her husbands income and asset information on the fafsa as well. The deadline to file taxes was last april. He needs to do them if you want to get any aid. If he has not done so you can select "has not yet filed" but you will still have to turn in his completed tax forms before you can get any financial aid.
QUESTION:
Can a person change their FASFA to "Living on campus" after it has been filed as living off campus?
I'm asking this question for my little sister. She originally filled out her FASFA several months ago with the intent of getting an apartment off campus with her boyfriend. Our parents hit the room when they found out and refused to sign for any PLUS loans for her unless she agrees to move onto campus. Is is possiable for her to change her FASFA this close to school starting?
- ANSWER:
  She won't need to change her FAFSA, because a change in living arrangements won't impact her EFC calculation in any way.
  
  What she needs to do is to contact the financial aid office at her school.
  
  The change in accommodations MAY impact her Cost of Attendance - which is the baseline that the financial aid office used to establish her financial aid offer. That will really depend on where she happens to be going to school.
  
  If the cost of on-campus housing is considerably different than off-campus, the school's estimate of your sister's Cost of Attendance may change enough to impact her aid eligibility. Obviously, I don't know if it's more expensive, less expensive, or about the same for your sister to live off-campus, or in a dorm.
  
  The only notification your sister needs to provide is to the financial aid office - they'll review her anticipated expenses, and determine whether to increase her aid offer, decrease her aid offer, or leave it where it was.
  
  Good luck - I hope that helps you and your sister!
QUESTION:
Does anyone know the school code for metro community college in omaha nebraksa? I am filling out a fasfa?
I am filling out a fasfa and need to know the school code for metro community college in omaha nebraska?
It wont come up when I search for it on the fasfa page.
- ANSWER:
  The school code is 01258600.
QUESTION:
Filling out My FASFA form and I need help?
My father is recieving Disability and social security benefits, where on the fasfa form do i put this information?
- ANSWER:
  http://www.freeeducationguides.com/fafsaguide.cfm?Campaign_ID=6820&PID=3001
  
  Try this detailed, step-by-step guide for filling out the FAFSA
QUESTION:
Is there anyway to get a no cosigner loan for school even though its too late to fill out FASFA?
It is almost spring semester and my laptop broke. I need a computer and I need extra money to purchase books. Is there any no cosigner loans out there?? Everyone says its best to fill out a FASFA for federal aid and I have already done that but I didnt get enough.

Any help?
I only need 2000 dollars.
- ANSWER:
  all private loans will require you to have a cosigner.
  Maybe you should consider a cheaper school or see if you can get a small signature loan from your bank for books.

Aid Finance

October 1, 2011 - Posted in Uncategorized - Permalink

In present-day real-estate industry, a great amount of home owners are electing to remain within their residences relatively than attempt to promote their attributes when their area is by now greatly saturated with homes for sale. To accomodate increasing people and changing requirements, a lot of owners are find to create additions or make modifications to their existing houses. Within this report, we'll investigate several of the residence financial loan applications that shoppers can use to aid finance their property improvement projects.

Residence Equity Loans - Typically, house equity loans are taken out as second mortgages and money is obtained in a very single, lump sum payment. Curiosity prices for house equity loans are generally larger than for borrowers' initial mortgages as they are considered riskier loans for that loan provider. It is because the very first lien holder would be inside a stronger position to collect while in the circumstance of a borrower's default. Mortgage loan premiums in many cases are fixed and some have balloon payments exactly where the current balances are due on completion of your introductory durations.

HELOCs (House Equity Lines of Credit) - Are usually variable fee products where a borrower can tap in to the line of credit up to a cap set through the financial institution. Fascination is generally only compensated about the balance owed creating them a well-liked selection for consumers who're not looking to borrow big sums at one-time. Terms can fluctuate from just a few a long time up to thirty a long time.

203K FHA Loans - These government-backed rehabilitation bank loan packages have become more and more a lot more well-known recently. With 203K streamline rehab loans, borrower can obtain a single bank loan at an extended phrase fixed or adjustable interest rate to aid finance advancements for owner-occupied residences. 203K loans are intended to facilitate uncomplicated rehabilitation and enhancements to houses for which ideas, consultants, engineers and architects aren't required. Some lenders even offer these applications for created homes. At the time this short article was created, fix costs weren't to exceed ,000.

Conforming and Non-Conforming Cash-Out Refinancing - If interest premiums are lower in the time you are contemplating refinancing, you may want to looking into just refinancing from your current home loan while pulling out some of the equity you have acquired about the years. Most loan companies offer you some sort of fixed rate or adjustable charge cash-out refinance alternatives. Loan-to-value ranges can differ significantly specially in between conforming and jumbo loan merchandise (those which exceed an area's conforming loan limits).

FHA Cash-Out Refinancing - FHA's cash-out loan-to-value limits have tightened in recent years as house rates have ongoing to fall in many property markets during the us. Even now, FHA loan cash-out limits are larger than what on earth is accessible via nearly another refinancing products including typical Fannie Mae and Freddie Mac merchandise.

When you can see, you will find lots of home advancement mortgage alternatives offered for house owners that are seeking funding help. Always be sure you check with a licensed mortgage specialist that has experience with these types of house loan merchandise. You'll find definite benefits and drawbacks to all of such kinds of residence development financing possibilities and qualification standards, closing fees and fees, and fascination premiums can fluctuate greatly between applications.

Being a method to safe affordable properties easily, individuals could make utilization of FHA residence development loans. This can provide these men and women the opportunity to acquire use of approximately ,000 with regard to properties and there is certainly no equity.

In summary, the home loan that you just get by means of Fha property enhancement loans may possibly go a lot more than the value of the home which you select to get.

Go along with the appropriate Fha property improvement loans package deal that may help you using the light or possibly common rehabilitation of your qualities.

You are going to find traits which includes the building of non residential residences on your real estate property. This might fairly perhaps imply an asset in the long run. Let us assert you invest in a very residence and in addition they eventually develop a recreation area.

This can be wonderful news to your youthful youngsters. The plan you indication as much as also can provide you with the economic loans which you call for.

Typically, you could consider as much as 20 many years to suit your needs to settle the lender loan. This might be for solitary or perhaps multi family property.

In both situation, the maximum house loan loan volume of funds ought to be taken. Ought to you want to make an application for Fha house advancement loans, the best thing to perform is usually to establish your economic circumstance and in addition not go past your price tag assortment.

You may get fixed interest rate residence loans along with examine whether the apps you go for offer the equivalent merchandise. You are going to locate suited borrowers regarding these situations.

In case you qualify, in that scenario you happen to be privileged as you might be 1 stage nearer to gaining your individual private home.

Just be certain that the real estate property is precisely what you really require. In the event you may possibly communicate using the certain man or woman who's leasing the home, achieve this. Offer him the information he / she truly desires from you.

Frequently Asked Questions

QUESTION:
How can we get finance aid for studying in college or university?
If my parents or i have low income, can i get any finance aid when i go to community college or university after i finished high school?
- ANSWER:
  Yes you can get financial aid for any college you attend. Also make sure you apply right away if you plan on attending college soon.
  
  Make sure you check the deadlines for the state you live in, it's the second link.
QUESTION:
How many maximum credit hours can financial aid help finance to get a bachelor's degree?
Now I know that some states the rules are different. I live in Illinois and I'm currently attending at a community college trying to get my Associate in Arts Degree and planning to transfer to a 4year university to get a Bachelor's degree in political science. I want to know how many maximum credit hours can financial aid help finance my education to get my bachelor's?
- ANSWER:
  180 hours total attempted at a 4 year school. Only 90 at a community college.
QUESTION:
How and where can a Nigerian get financial aid to finance his university education.?
It must be this year 2008.
- ANSWER:
  In Nigeria
QUESTION:
how coulsd i have finance aid to improve my project?
iam pharmacist having a pharmacy of mine but due to some problems i have some troubles this is return to shortage of money if any one know s how could i solve this case ?while iam in palestine.
- ANSWER:
  Borrow some from a bank. Or a member of your family.
QUESTION:
Is there any way by which I could get financial aid to finance my Executive MBA?
I am looking for Executive MBA but due to lack of funds I am unable to attend any good college.
Please provide me with the links for the same.
Thanks!!!!
- ANSWER:
  No way in hell. Financial aid only pays for your bachelors. You must get scholarships/grants/loans for all that NOW.
QUESTION:
How to apply for University in UK for MBA & get aid for finance?can I get a job to support my studies?
Hi, I am greg 20 yrs. Final year B.A. want to do my MBA in UK. I need someone to help me to find a suitable university to apply for and how I will be able to support myself when I am a Student. Whether I will get a job? I have completed one year course in aviation and hospitality, trained as a flight steward. I am 5'10" fair complexion, humurous, like humurous people around me and want to aim higher in my career. Can any one help me to give the details how I can get in UK? how much it will cost me any sponsors are ready to sponsor me. Right now I am studying in India. I am a bright student and will take up any job to support myself when I am in U.K. Can anyone help me?
- ANSWER:
  hope it helps, before you want to get a job there, see if you can really get a place first
  
  http://www.infozee.com/uk/international-issues.htm
  http://www.infozee.com/services/uk/
  http://www.webindia123.com/career/studyabroad/Education_uk/intro.html
  http://www.sussex.ac.uk/USIS/worldmap/index_flat.php?continent=asia&country=india&class=E
  http://www.international.ed.ac.uk/country_specific/indian/ugapplying.html
  
  pls take some time and do a research on the NET
QUESTION:
How can I get finance aid for my education?
- ANSWER:
  Here are some of the sites you can check out:
  
  http://www.fafsa.ed.gov/
  
  http://www.fund-myeducation.com/
  
  http://www.scholarships.com/
QUESTION:
Which University offers Community Development with finance aid ?
About loans or Bursaries ?
- ANSWER:
  Information is below.
QUESTION:
Is there any institute or bank or something that will finance me or aid me with loan?
I am doing 1st year BSC IT currently.I want someone to handle my fees of college and classes.Is there any such body that will help me in it?
- ANSWER:
  While your at it, I need someone to pay my car note, car insurance, and put gas in it.
QUESTION:
Hamas steals the humanitarian aid to finance terror.Why send it ?
Hamas terrorists have hijacked at least two convoys of aid trucks in the past several days, one carrying fuel and one carrying other supplies. The trucks were seized by Hamas armed forces as they entered Gaza via the Kerem Shalom crossing.
Hamas takes a cut of all aid that arrives in Gaza from Israel. Supplies that are not kept are sold to Gaza residents to raise money for Hamas operations.
Why send aid,if it falls in the hands of the bandits?
- ANSWER:
  This is what they do. If aid is sent Hamas take it and the people are deprived. Hamas wants its people to be impoverished.
  Aid should be reconsidered as it is used to promote and support terrorism.
QUESTION:
how to finance college when financial aid isnt enough?
i have filled out my fafsa, but i am yet to be notified how much i will be awarded. i just wanted know of some alternatives that i could look to if i didnt receive enough aid. maybe from a bank, private lender, anything.
- ANSWER:
  When you get your aid reward back, you will be awarded a select amount of money. If that isn't enough, your parents can apply for another award. If they get denied, you automatically get an extra 00 for the year. Add this amount to your aid reward, and you should have enough to pay for school and books. You could also go on collegeboard.com and search for scholarships. Millions of dollars are not used each year because students dont apply for the awards. If you don't get a scholarship, and the extra 00 isn't enough to pay for your education, then your school is more than likely to award you with a pell grant, that you will not have to pay back. It goes by your financial need so if you really can't afford college, then you will get the grant. Everyone has an opportunity to go to college if they really want to. Don't worry. I hope I helped you.
QUESTION:
did the Reconstruction Finance Corporation cause more problems or more aid during the time of Hoover? project?
this was before FDR took it over.
no "sweetie" the RFC was formed during the Great Depression as a means to give loans out to banks and other large companies however, it failed to give enough funding to the smaller businesses who were really suffering at this time as well as not following Hoover's main purpose of why it was created in the first place - to help decrease the unemployment rate.
- ANSWER:
  Reconstruction was after the civil war...wrong time era sweetie
QUESTION:
If I get a student loan, will it affect my financial aid and can i use that loan to finance a car or buy used?
I mean I do need a reliable car to get back and forth to the college. Could'nt that be considered an educational expense?
- ANSWER:
  No, they don't consider getting a car a necessity. Also, after you get a car, you'll have to worry about insurance and gas which you can't try to write off as a educational expense.
  
  Your financial aid will more than likely be affected by getting an additional student loan if it is not a federal loan offered through FAFSA. If you get the loan, then your level of need generally goes down. Same goes for getting a scholarship. The financial aid dept is very particular about how much money they give out.
QUESTION:
how can i get finance aid to go to college if i only have a work permit?
- ANSWER:
  If you are a non citizen looking to apply for federal financial aid you will not be eligible with only a work permit. You need to be a permanent residnet or other eligible status (refugee, or political asyllee for example). Your best bet is to apply for private scholarships. Your scholl probably has a foundation that offers scholrships that you may be eligible to apply for as well as outside organizations. See www.fastweb.com for some good leads. Also search the internet for professional organizations related to your field of study. You should also look onyour schools website, most list scholrships that they have recieved info about. Lastly, but perhapes most importantly,look in your community, religious groups other organizations you may interact with, are good sources of funding and info on scholarships.
QUESTION:
Why not finance healthcare reform by suspending our 1/2 trillion a year foreign aid gifts to beggar nations?
After all, we are in debt and any money we give away is only money we are printing on presses thus raising inflation and further weakening the US dollar.
- ANSWER:
  Let me guess .... you're a conservative.
  
  Your so-called "beggar nations" have people who live amid rampant disease and lack water that's fit to drink. They need help, and I'm proud that are country helps them.
QUESTION:
How can a CA resident qualify for a state finance aid program like SUG, EOP, Cal Grant A, B and T for college?
How can a California resident (one who has been living in California for over a year) qualify for a state financial aid programs like SUG, EOP, Cal Grant A, B and T meant for college education ?
- ANSWER:
  apply, and they will tell you
QUESTION:
College Students/Finance Aid Officers, please help?
Son is withdrawing from this semester to save his good GPA (he is failing two subjects currently), and re-enrolling same day for next semester. He says doing this will protect his GPA. My question is, what happens with regards to the loans taken and paid to the school for the first semester? I know there is no refund, and I know that they won't be applied to the next semester. I guess, what I want to know is will I be expected to pay them back sooner than the original terms? Will the school (or lenders) demand payment in full before re-enrolling him for the coming semester? Thanks for your help.
- ANSWER:
  you usually have a grace period (about 6 months) after he withdraws from school before you have to repay the loan. so him not being registered for one day doesn't make a difference. as long as he is still attending school, the loan won't be collected. but you should check with the lender on that.
  as far as withdrawing, he may be better off getting the two F's and retaking those two courses. in my school, you can retake an F or D and the retake grade will replace the D or F in the GPA. the F or D will still be seen on the transcript but won't be counted in the GPA. if he drops out he has to take everything over again. he should talk to an advisor before making such a drastic move.
QUESTION:
Teachers aid, teacher or finance career?
I have just had my baby and before hand i was temping with a backround in business/administration. i'm considering my job options for when i go back to work next year.

I'd really love to be a teacher but now that i am a mother i would have to consider the time and cost to do the course which i'd probably be lacking both the time and finances. So i was considering doing a course (quicker & cheaper) to be a teachers aide/education aide. What is this job like? is it as rewarding as a teacher? what is the pay like and do you get paid during school holidays?

My other option is to do a short course that incoporates accounting into my existing business/admin skills and then apply for more admin jobs with finance in it hopefully giving me more joices career and money wise.

Should i try out the teachers aid and work in an area that i think i'll enjoy that may lead to teaching later on? or should i be practical and stick to something i in my current job field that possibly pays more money?

Any information on these careers would be appreciated - thanks.
- ANSWER:
  TA pay varies...some places, it's in the range of -20/hour. In other places, it might be a salary at about 2/3rd the amound that a regular teacher makes. I've never done this job, but you're working closely with kids and a lot of TAs spend time working with small groups of students so I'd imagine that it's incredible rewarding without some of the administrative duties.
  If you have a Bachelor's degree, look into Alternative Certification Programs. You can begin teaching immediately, and work on your certification coursework at the same time. While you're doing this, they just take a small deduction from your paycheck to cover the cost of training, but you're still making the full teacher salary.
  You could also look into Head Start centers. These do not require you to be a certified teacher, or even to have a bachelor's degree. The pay isn't as high as a teacher, but the workload is more manageable and you're doing the same thing.
  While the accounting/admin jobs may pay slightly more, right now with the job market being tight, you may have MBAs and other really highly qualified people competing for the same jobs so teaching might even be a better option for you from that perspective
  I'd suggest looking into options for teaching since you seem more interested in it. Find out if there are programs that work for you and offer comparable pay to what you were getting before. If there are, then you can pursue that, but if not, then it won't be too late to take an accounting job and apply for those.
  Good luck!
QUESTION:
after u get the finance aid letter from collage,?
is that with room , food and books etc and if not how do you know how much to of a loan to apply for
- ANSWER:
  Uhh, it really depends on what your letter said. You'll have to be more specific. Was this a financial aid award letter, or just a letter from financial aid??
  
  Usually they will explain any financial aid that you were awarded, and also give you a list of expenses (tuition, books, housing, personal allowance, travel allowance). They are required to give you an estimated cost of attendance. This will tell you how much money it's going to cost. Then you want to look at how much money was awarded to you (hopefully some!!), subtract this from the estimated cost, and you'll have your "remaining financial need" Usually somewhere on your letter it will say, "remaining financial need" or "unmet need" something like that.
  
  P.S. I assume you've submitted your FAFSA? It not, you're making a big mistake! Submit it! Now!
QUESTION:
Was U.S. aid to "israel" used to finance the rise of the religious right in America?
It seems odd that these southern-fried evangelists -historically antijewish - should have abruptly become passionate zionists just as U.S. aid to the izzies dramatically escalated after Dallas. Stranger too that the more money the U.S. gave to Tel Aviv the more money evangelists had for tv specials and mass rallies. Is this a blow-back type of thing? I can't believe this is all mere coincidence.
- ANSWER:
  I've often suspected that myself. I'd like to see an academic study demonstrating an arching of fundamentalist financial status corresponding to increases in U.S. aid to the zionists occupying Palestine.
QUESTION:
Do the Finance/Financial Aid sections need more monitoring (plagued by frauds/phishing attempts)?
I was browsing the Financial Aid section, and one of the questions posted received 17 answers - 16 of them phishing and fraud attempts.

If this poor girl responded, she would get scammed.

These people need loans, and someone who is desperate enough might fall for it.

Do these sections need more monitoring.

I would report, but there are way too many!
Here's the question that received 16 frauds and only one legit answer:

http://answers.yahoo.com/question/index;_ylt=AuOSBrCCgKBSzkrvxYcg.ObS5nNG;_ylv=3?qid=20090812225451AAkDsLz
- ANSWER:
  Yes that section needs better monitoring. Imagine what the interest rate would be on any of those loans.
QUESTION:
Question About Financing a used car from a dealer, and receiving financial aid?
My sister and I are in desperate need of a good car that won't keep breaking down, and we're wondering if we finance a used car through a dealership ( car costs 00), and having it put in both of our names.

Would that affect how my financial aid we get and how much of a refund we get? Because we need our financial aid to cover are housing, books etc... and couldn't afford to have it lowered.

I was wondering if anyone has encountered this problem or has any advice?
Thanks so much!
- ANSWER:
  No, buying a car will not affect your financial aid at all.
QUESTION:
Libertarians: Should we continue to send aid to Israel, Egypt, etc... to finance their military?
- ANSWER:
  I don't know about egypt.. I guess Israel may be acceptable... Honestly do not like the idea of financing another countries military, especially when we are having our own financial troubles.
QUESTION:
Do all the PhD students get some kind of scholarship or financing aid?
Hi, i want to know if PhD students who get scholarship is in the majority or the minority?
What i have to do to gain a scholarship to go studying PhD in a master degree courses?
About language, is there any chance to learn French lessons while not major in it?
especially in Australia, thanks
- ANSWER:
  PhD scholarships come in two parts
  
  The majority are the Australian Government scholarship which you apply for in around August of your honours year. You need to get a first class honours as an absolute minimum (regular Bachelors degree is not sufficient). You need to be an Australian citizen as well. In your application you need to nominate who you wish to do the PhD under - the supervisor and the project outline. This means that you have to had communications with the supervisor and they have to have chosen to take you on. Most supervisors will only take on one new PhD student per year. So finding someone to take you on is a reall battle.
  
  The other scholarships are when a supervisor has won a grant and not got enough money to pay an assistant so they choose to advertise for a PhD student. This project is set out - and you have to work on this project no variation. They get in application like a job and then choose. About 5% of PhD scholarships are this type.
  
  All in all it is extremely hard to get a scholarship for a PhD. Only the top students are eligible. As for doing a Masters - the government scholarship preclude anyone who have a Masters from applying. Masters are for the most part Coursework and you cannot convert a Masters to a PhD. The Masters by Research are generally taken by people who are working FT and doing a Masters in addition - it usually takes 4-5 years to get this and a PhD would take more than the permitted maximum time of 7 years. .
QUESTION:
Will a credit union or bank count student loans and financial aid as sufficient income for me to finance a car?
I am a full time student in nursing school and therefore I can't work worth anything right now, and I really need a better car. I get both financial aid as well as student loans every semester. Will a credit union or a bank consider this sufficient income with which to finance me? I have a 700+ credit score off of having credit cards for a few years, so that is not an issue. Am very curious how they handle this, since I see students all around me who are not working but have new cars financed. Are their parents co-signing, or is financial aid doing it for them? I am going to go speak with a credit union, but I don't want to feel stupid if I am totally wrong. Thank you!
- ANSWER:
  You definitely need your parents to co-sign for you to get a loan because the banks want to see that you have steady income to pay off your bills. Besides, how are you planning to pay for it? Another option is to have your parents take out the loan (they might get a better rate) and you pay them monthly. Financial aid is meant for school and you can't really use that to buy a car.
QUESTION:
How long does it take a college financial aid department to respond?
I have recently sent an email to the financial aid department of a prospective college on some finance issues. About how long do these departments generally take to respond? Does it just depend on the individual situation?
- ANSWER:
  Within 5 days
QUESTION:
what accredited online college is the most legit?? And how exactly does it work for financing financial aid?
I am trying to take a few courses online until next fall but I have no idea where to start looking! I have started to look online for some accredited colleges but everything seems like a scam!! HELP! =/ I am just more concerned with taking prerequisite classes such as math and english.
hey sorry i forgot to mention i live in the boston area!!!
- ANSWER:
  Salm:
  
  To be honest, your best bet might be right under your nose - one or more of your local schools or state universities probably offers its own, fully-accredited, totally legitimate online courses. There are two things that are really great about that option - one, is that these courses would be much, much cheaper than any of the big-name proprietary online schools that spend so much money on their marketing campaigns, and two; you'll be able to access personal, one-on-one assistance (if you need it) at a nearby school, as opposed to online chatting or phone conferences with the professors at the far-away universities.
  
  Say, for example, that you live in Wisconsin (sorry, but you didn't mention where you're from) - the University of Wisconsin offers a course in College Algebra (MAT 110) entirely online: http://distancelearning.wisconsin.edu/course_info.cfm?id=2033&source=1&startrow=1&subid=199&del=206&semester=31
  
  Online course tuition is 5 per credit - so this 3-credit course would cost you 5, plus some various one-time fees and the cost of your textbook. I can assure you this is considerably cheaper than the better-known online schools, like University of Phoenix.
  
  Call some of the local schools and ask about their Distance Learning opportunities. One of the nicest things of all is that you won't have any problem transferring these credits - problems do have a tendency to pop up when you're trying to transfer some of these other online credits to brick and mortar schools.
  
  I hope that helps you - good luck!
QUESTION:
Education finance for foreign students?
What are the financial options for a foreign student to get a masters degree from a business school in US. Scholarships, Federal aid, Financing, cosigner... please suggest.
I am presently in US on H1-B work visa. I have an SSN and good credit history. I am thinking of changing the status to F1 to pursue higher education.
- ANSWER:
  Unfortunately, you will be very limited unless you have a green card or are a US citizen. The US banks tend to lend money only to people with those status. Your best option is to borrow money from banks within your country or from international banks. Also, you may be able to find scholarship that allows people with a visa to apply but those are rare. I encourage you to speak to some at the school that you want to attend in the US. They will be your best resources for the information you seek. Go to the link below it might be helpful to you.
  
  https://www.iefc.com/
  http://www.edupass.org/finaid/loans.phtml
  ss
QUESTION:
What's the best way to pay for an MBA at Texas A&M University ? Need Financial Aid Help ?
I went to Texas A&M University and graduated there. I graduated debt free and never had a loan. I was wondering if someone could give me some financial aid advice. I need to know how to finance my Executive MBA at Texas A&M University it cost $ 58,000 dollars for 21 month program. I would really appreciate some help on this guys.
- ANSWER:
  Graduate students can borrow a maximum of ,500 per year in federal student loans. I would definitely take advantage of a federal loan because the interest can be deferred while you're in school, and if you qualify for subsidized loans, the interest is paid by the gov't during your school term. Definitely talk to the financial office about other graduate school financing. Also, they may offer special grants and/or scholarships to grad students. Also, are you working? If so, your HR department may offer tuition reimbursement ... esp. for an Executive MBA. Good luck!
QUESTION:
How do you pay for school if you cant get Financial Aid?
On the fafsa it states that my parents efc is 41000.Why its so high i'm not sure but my parents can really on afford to pay about 1500 a semester at the most.How do i finance my education if i cant get any financial aid from schools?
Whats the maximum amount of money you can take out for Stafford loans?I heard it was only like 5500 for the first year i certainly need more than that.
- ANSWER:
  you could take out a stanfford loan like i did. you dont have to pay back until you get your degree
  
  Edit: i believe you can take up to ,000 a year with a stanfford loan
QUESTION:
No one will help me finance my husbands hearing aids?
My husband is 60 & deaf in one ear and 40 % in the other ear but I cant get anyone to finance hearing aids... Got any ideas...
Thanks
Kim
- ANSWER:
  Beltone will put you on a payment plan, if you have income. My bf's mother got hers there and she has limited income.
  
  http://www.beltone.com/welcome/
QUESTION:
A lot of student financial aid/loan applications want information about my parents' finances?
It seems like every financial aid or loan package I look at wants information about my parents' finances as well as my own.

For personal reasons, I am not on good terms with my parents. I see them only a few times a year for holidays at relatives' homes. I do not want them to be involved in financing my education, and even if I asked, they would not be willing to contribute.

What am I supposed to do in this situation?

Also, please no judgment on my relationship with my parents.
- ANSWER:
  Colleges more or less expect parents to contribute to their children's college expenses. At my university, they even expect both parents' contribution even if they are divorced, separated, or otherwise not on good terms with each other.
  
  I personally don't know what you could do, but I would start by asking the financial aid office and explain your circumstances. You could also consider financial aid from outside the university.
QUESTION:
How would I finance an education abroad?
I want to apply to Oxford, but there's no way to finance my education since I'm going to be an "international student". My family's far from rich. It'd be easier to just stay in the US where I can get aid, but if I actually do get accepted, how would I finance it?
- ANSWER:
  The number one way would be a scholarship, and I the Rhodes Scholarship is the one that is particularly worth mentioning, as it covers almost all costs and has a particular focus on North America I believe. However, this is very, very selective, but if you're particularly academically gifted it might be worth trying.
  
  This is the website: http://www.rhodesscholar.org/
  
  There may also be other scholarships, so it's worth doing some research on what's available. Oxford likes to make a lot of funds available to attract the brightest students from at home and abroad, so it's worth looking at what's on offer.
  
  The Oxford University website is http://www.ox.ac.uk/
QUESTION:
How to finance a career change to Graphic Design?
Dear readers,

I am thinking of making a career change to Graphic Design. I currently work unhappily as an Office Manager and have been out of undergrad for nearly 2 years. I am not that skilled in using Graphics software- at least not to a level that I think the profession requires. I want to seek a more formal education but it will cost me an arm and a leg and find that I am not offered financial aid by most institutions because I already hold a Bachelor's degree. However, I find it difficult to pay out my own pocket for the courses as I can hardly save money every month. Please offer me your suggestions as to how I can finance this education or more economically learn the software/knowledge. (Someone suggested purchasing tutorial books, but I would also like to get classroom instruction to supplement.)

Thank you for your comments. And for fun, please write what city/state/country you are located. I am in New York, New York, USA.
- ANSWER:
  I admire your decision to leave a job that makes you unhappy and go into Graphic Design.
  
  You have several advantages:
  a. You already aa Bachelor's degree (more on that later)
  b. You are in New York City.
  
  Here's what I recommend for you:
  
  Start with a very low-cost option. Sign up for the online tutorials at www.Lynda.com. They have excellent on line instruction for all the major Graphics software applications. Don't equate this with "tutorial books." Lynda.com has excellent classroom teachers... they are simply brought to you online instead of your having to go to class. And, they are sample projects that you can download and work on at your own pace. (Don't knock this until you have tried it. They have many free (beginning) modules for all their programs. And it's quite reasonable.. something like per month for anything and everything they offer... Check it out.) This is as close as you can get to actual classroom work without being there... for a small fraction of the cost.
  
  Once you are doing that, use your skills to begin creating real graphic projects for actual businesses. How to do that? Use your friends as contacts. Start by doing work FREE for small businesses. Do good work, then little by little, work up so that you're getting paid. (You don't have to leave your day job yet, and you don't have any sizable cost of education.)
  
  Next, use the money from your first jobs to pay for Graphic Design seminars and short-term classes. (Here's where being in NYC will be a huge help. There are lots of classes out there. Ask your friends in the design world which are best.)
  
  As your work becomes more professional, put it up on your own web site. Use that site to show potential clients (or an employer) your work.
  
  You will find it very helpful to see examples of outstanding work in the Graphic Design field. There are some very good annuals, such as the New York Art Directors Club annual, The One Show, The Creativity Annual, and books by Carter, Big Book of Design Ideas, Big Book of Logos, etc. You don't need to pay full price for those. Most are available used at www.addall.com.
  
  And, you already have a Bachelor's degree. To potential employers, that is a key to getting in the door. They don't care that it is NOT in graphic design. What they do care about is the quality of your work. If you follow these steps, you can improve your work to the professional level.
  
  Good luck.
QUESTION:
My schoold does not participate in federal aid program, do i still need FAFSA?
I am planning to attend this school which is hospital-based and they don't participate with the federal aid program. They offer their own student loan but it's not enough for my financial need. What are my other options? Do I still need to fill out a FAFSA? I am trying to get a certification for a health program. Please let me know how else I can finance my schooling? I also would still be working part time.
- ANSWER:
  No. Aside from private scholarships, you can only eligible for the Federal Aid your school offers through their own Financial Aid program. This is because the school is the one that applies, processes, and gives students Federal Aid. The government won't just give you aid independently, it HAS to go through your school.
  
  My advice, switch to a school that can offer you Federal Aid. There are literally thousands of them out there. Collegeboard.com or princetonreview.com are two really good websites to search for schools, and you can search by major, or in your case, a certificate health program. Good luck!
QUESTION:
What are some good beginning Finance jobs?
Next year I am receiving my bachelor in Finance. What kind of jobs should I look for to start out. I have only worked as cashier for a grocery store for 2 years, and i have been an office helper for about one year,and also a teacher's aid for 1 1/2 years. That's all my work experience. Not really that hard of work.After I graduate, how do i apply for jobs. Do i go in and ask for an application or do i send out resumes or what? I ask been throwing around the idea of working at a bank as a teller to start out. What are some other jobs that are good? Thanks for any help.
- ANSWER:
  Bank teller? That only requires a high school diploma. Do not sell yourself short. You need to start out as a sales representative who opens new accounts, originates mortgages etc at minimum. I would also look into indeed.com you can put in Finance Degree and it will pull up all job listings in your area listing that background requirement. Indeed.com is a combination of all job search websites.
QUESTION:
What are some aid programs for the poor?
I'm doing homework for a personal finance project.

The question is "What are at least 7 different social aid programs available to the poor?"
- ANSWER:
QUESTION:
Why is there so much foreign aid to Israel?
Europeans make, Jews take.

The modern formula is this: Jews within a host nation endeavor to control the media outlets, legitimize their special interest groups, erode societal standards, and take positions of power in finance, law, industry, organized crime, government, unions, academia, medicine, the arts, and the military. Using the resulting influence, they redirect the host nation's accumulated assets to aid Israel, attack Israel's enemies, and enrich themselves. The Jews call this "leverage", and it weakens the host nation.
- ANSWER:
  Because Israel rocks! It is the coolest nation in the middle east, by leaps and bounds! Plus they don't sanction congress with caprine livestock.
QUESTION:
How to finance college (outside of federal aid)?
I badly need money for college as an entering freshman this Fall, and there are two major problems. One is that my parent's had an EFC of 12,000 and actually have a high income, so I didn't get as much federal aid as I would've liked. Second problem is that because of my parent's credit problems they could not get a PLUS loan and are not eligible cosigners. I have no other cosigners (NONE) and am applying for scholarships, but for the money I have received isn't enough and with no credit private loans aren't possible. My parent's will attempt to pay it, but it is going to be very very very tough.

Any solutions?
Sorry to hear you're in a similar situation Bob. I'm definitly going to work hard and do everything I can.
I said I've been doing scholarships. Answers like that will gurantee you two things: no best answer and at least one thumbs down.

By the way, I'm getting my federal loans through sallie mae.
- ANSWER:
  i'm in the same situation kinda my parents make alot less federal aid will pay for a lot more of my bill but i still need a loan. try to get threw this year with cash and then try to be an independ student for next year cuz then they will loan/grant you the whole thing also work really hard (i hope you already planed on that) maby you can get some scholarships that way
QUESTION:
Is there a Dental Financing Aid that can help me pay for my 3 yr old Dental Surgery?
My 3 year old son had dental surgery. I owe money to the Dental Surgery Center. Is there a program that can help me pay this bill, or financial aid, healthcare financing plan. We are not low income. I have insurance, but unfortunally only covered less than half of the amount owed. Right now I'm on disability and can't afford to pay for this bill. I called the surgery center the payment plan they have is 7.50 a mo. for four months. I still can't affort it. I have good credit and don't want this bill to go to collections. Can someone please help me giving me advise. Thanks,
- ANSWER:
  http://www.capitalonehealthcarefinance.com/dental/
QUESTION:
How can I get financial aid if I'm 22 and emancipated from my parents?
I have been emancipated by the court since 18.My parents refuse to give me financial details so I cannot fill out FASCO for student loans.Any ideas ? I received aid in California but the state that I moved to said I must have parental finance reports
- ANSWER:
  Have you spoken to the financial aid office at the school you would like to attend? What you are looking for is a dependency override which is part of a professional judgment. Financial Aid Administrator can preform a professional judgment but their decision is final and can not be appealed to the DOE.
  
  The school is probably going to ask you the circumstances of WHY you were emancipated. Whether those reasons are sufficient to do a dependency override is completely up to the FAA. I would make an appointment o go speak to them right away, and as I say when I answer many questions, be polite, treat them respectfully and they will go out of their way to help you.
  
  And do you mean FAFSA? I have never heard of a FASCO and I am an aid officer.
QUESTION:
If a person has had good attendance and is passing all their classes why would they not be cleared for finance?
She is passing all her classes and has good attendance and has been receiving financial aid for the past year.Today she received an email she was not cleared for financing with no explanation and she can't get a hold of the counselor.....
- ANSWER:
  To pass a class you only have to have a D but to continue getting aid you must have a gpa of a 2.0 or higher. She can easily go to talk to someone in the financial aid department at any time and if the person she needs to see is on vacation than someone else will be able to help her or she can see their supervisor.
QUESTION:
How to get American financial aid to study in UK?
I am applying for my postgraduate degree for a few uni's in the UK- Uni of Edunburgh, UCL, Swansea,etc. So I filled out my american fafsa form but don't know if i will get any aid for studying abroad. Any americans get any aid ? I really don't want finances to hold back this opportunity.
- ANSWER:
  You are welcome to our Institute.
  
  The Indian Management Academy was established in 2005 by Confederation of Indian Healthcare Foundation (CIHF) a non government, not-for-profit organization registered in Ahmedabad to enhance the management skills of students, groups, hospitals, government agencies, NGO organizations, environmental groups, and others in the corporate sector.
  
  Distinguished management consultants from various sectors have developed various courses & also served as advisers.
  
  Here at the Indian Management Academy, our goal is to give people the skills they need to change their lives. Our courses give you the skills that will make you a valuable resource, not just for today and tomorrow, but for the rest of your life.
  We can no longer rely on a "Job for Life". In these changing times, we are far more likely to move through many different jobs and career changes during our working lives. The portion of our lives we spend generating our income is also increasing, and generating that income stream is becoming increasingly competitive. It is through the modernization of our knowledge and the acquisition of new skills that we will be successful. The Indian Management Academy has a range of courses that can help you be successful. Whether you need to update your skills in your existing job or you desire to enter a new industry, our courses are designed to deliver the knowledge you need.
  
  Courses Offered @ IMA
  IMA is offering endless pool of courses online one want to cover including international certifications which will help them to establish themselves globally in various fields & topic.
  
  Placements @ IMA
  IMA has a placement cell for assisting its students in their training and placement in business organizations of repute.
  
  Career / Employment Opportunities
  Program objective of IMA courses is to develop Expertise in various fields of Management. After successfully completion of program in the field of Finance, General management, HR, Export Management, Marketing & Sales, Advertising Management, Pharmaceutical Marketing, Tourism, Insurance, Hospital management and other allied Courses a candidate has a promising career in the corporate world.
  
  Please visit http://www.imaonline.in http://www.imaonweb.info http://www.ima.edu.in
  
  Source Verify: http://www.gofastle.com &
  
  http://gofastle.com/search.html?cx=01391...
  
  email me on neha.patel@imaonweb.info
QUESTION:
What are your views on that ... European finance ministers have approved .6bn aid payment to Greece?
http://www.ft.com/cms/s/0/a768c748-a526-11e0-8df9-00144feabdc0.html#axzz1R2JH4gOR
- ANSWER:
  Lucky them.
QUESTION:
Top law schools that do not require submission of parent information for financial aid?
The only one I know of so far is Michigan. My parents are not contributing to my education and I do not want their finances to interfere with my financial aid eligibility. Are there any others?
The JD programs at all the other colleges I have looked at still require me to submit parental information in order to be considered for need-based aid regardless of marital status until age 30. Harvard, Yale, NYU, and Columbia are the ones I remember specifically seeing that it required parent information.
- ANSWER:
  You do not need to submit parental information for any FAFSA
  
  If you go to
  
  http://www.fafsa.ed.gov/FOTWWebApp/fotw0910/WorksheetServlet?locale=en_US&wstype=WSDEP
  
  and select that you are working on your JD, you will see that you become independent for financial aid purposes
QUESTION:
Is it legal for a school to disclose student finance records to the student's teacher and his aid?
In Michigan (USA) a student arrived to class and in front of the entire class the teacher and the teacher's aid showed the student a copy of the student's payment plan contract detailing the amount of money the student owed the school and any notes/payments made to date.

Further, in front of the entire class, they announced that the student needed to go upstairs and take care of this with student services. Is this legal or just humiliating?

Ironically, the student had just talked with the office staff earlier the same week to let them know that the payment would be late due to unexpected job contract changes. At the time, the staff said this was not a problem. It turns out, the person who the student had talked to about this earlier in the week simply forgot to convey the student's message. Were any of the student's rights violated? Is this a breach of student confidentiality?
- ANSWER:
  Get over it! If that is the worst that happens in your life you will be very lucky. WHAT RIGHTS, still in their minds you were not eligible to stay in the class until your payments were made. Negligence on the part of the person you talked to earlier, maybe but what are your damages?
QUESTION:
What kind of financial aid is available to me when my college won't give me any?
My EFC is 8580 which means that my parents to pay 8,580 of my finances and my university won't give me any financial aid. Is there any kind of outside scholarships grants or loans outside of the college that that I can take out to pay for it all because if I can't my parents are going to be broke or i'll just go to community college.
- ANSWER:
  scholarships.com and collgeboard.com are great websites for that. you can personae you searches to fit your situation too.
QUESTION:
What are some ways to finance college completely on your own?
My parents, who combined make about 0,000 annually, suddenly decided to stop paying for my college education. This means I don't qualify for any need-based financial aid, so I didn't bother filling out a FAFSA this year. I go to UCLA (and currently commute there), so I pay about 00 for tuition, 0 for books, 0 for parking, and maybe 0 for gas a quarter, not including miscellaneous expenses. I really wanted a double major in biology and geology, but I can see that dream crushed, as I don't have enough money to pay for the extra units.

Is there some way that I can loan out enough money to keep me going for the next three years? Is it a good idea to become a part-time student and work like crazy to pay off my loans? I'm so lost and confused.

This problem keeps me awake at night. Thanks for any and all replies.
- ANSWER:
  Yes, there is a way to finance a college education.
  
  First, a part time job can help pay for gas, parking expenses, and books. An idea is to find one either on your college campus, near the college campus, or close to your home to save on gas expenses. Do not be afraid to look at the college website for campus' employment section or at the student career center. Both are wonderful resources for looking for jobs.
  
  Second, it is not too late to apply for financial aid from the federal government. However, it is too late for this quarter. However, there is a chance you could have it in place possibly before the next quarter, but there is no guarantee that will happen.
  
  Finally, start applying for scholarships and grants on the web. There are websites devoted to listing college scholarships. However, this takes time to find out if you will receive one. Just remember, to pay attention to what is on the organization's website before applying. It can give you valuable insites about the organization which can enable you to have a better chance of getting a scholarship.
  
  Good luck!
QUESTION:
Why not stop overseas aid and use the money to rebuild UK schools?
Giving money to finance the Indian and Pakistani Nuclear Weapons Programmes, and to finance numerous dictators and tyrants might be a good idea to the intelligentsia, but why not use the money to rebuild UK schools.

Thoughts please.
Paying people to build nuclear weapons is essential to help UK exports!
Supporting Dictators, Tyrants and theives is essential to help UK exports!
They're new ones on me.
- ANSWER:
  I completely agree. I remember raising money at school 30 years ago to send to 3rd world countries which was supposed to help them help themselves dig wells, propagate the land and provide sanitation yet look at the news today, nothing has changed so what the hell are they doing with all the aid we have sent them? I'm keeping my money at home from now on and looking after my own.
QUESTION:
Can a school SERIOUSLY mail out their financial aid letters TWO WEEKS to the May deadline?
One of the schools at the top of my list is mailing out their financial aid letters two freaking weeks to their deadline. Is that even FAIR? Is there anything that an admitted student can even do -- calling the financial aid office? What about the students who's decision on college rests solely on finances, you know? Can a college seriously do that to its admitted class?
- ANSWER:
  You have hopefully already set up your student account. If you have, you should be able to log in, and view the financial aid page. It will give you the same breakdown as the letter sent out by your university. It will have been available from the moment the school has made their assessment. Although sending out letters this late is uncool, the information should have been made available to you some time ago. And to answer your question, yes, as long as they send their paperwork to you prior to your deadline, they can do whatever they want.

Fafsa

October 1, 2011 - Posted in Uncategorized - Permalink

At this time of year parents are pulling together their 1040s, W-2 and other financial paperwork as they get ready to settle down and prepare their federal and state tax returns. It is also the time that parents of college bound students should also prepare their Free Application for Federal Student Aid (FAFSA). It is the perfect time to prepare your child's FAFSA, as much of the income and asset information will be right in front of you as you complete the tax returns.

For those students who are currently in their senior year of high school, January is a critical time to complete and submit your FAFSA. Many colleges set priority deadlines for FAFSA applications for incoming freshman as early as February 1st. For returning college students, the institutional deadline can be as late as August 15th. Students need to contact the Financial Aid Office of each college to which they have applied to for admission to determine all financial deadlines.

Early Bird Gets The Worm

By getting your financial aid application in as early as possible and before the priority deadline, you increase your opportunity for a larger financial aid award. Simply put, financial aid is awarded on a First Come, First Served Basis. Colleges and universities have a finite amount of financial aid and scholarship funds available and you don't want to miss out on your top college choice, because you missed the college's financial aid deadline. If the college's deadline is approaching and you have not received all your financial documents, you may estimate your income and assets, particularly if your income and assets have not changed significantly from the previous year. Keep in mind that you will need to update the information once you have all the needed documents. Estimating your FAFSA data gets your financial aid folder on a counselor's desk for review that much quicker.

Frequently Asked Questions

QUESTION:
FAFSA !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!?
HI, what should i do if i put in an email into the fafsa application for last year, that i dont currently have, will they send all of the renewal information to the wrong one? what is the best way to notify them as soon as possible, and have them send it to the right email adresss? i only have a few days till jan 1, and thats when i need to send it in.
thanks
- ANSWER:
  go to the fafsa website online and complete a new application or you can change information online. However if you don't have your code you will have to request it online and they will send it to an email address or by mail you get to choose. just go online to change it.
QUESTION:
fafsa.........?
Okay, I've already started my fafsa application. But, I didn't finish cause I had to wait for them to email me my pins. Now, I have my pin number but, everytime I go back to continue my fafsa application that page takes a super long time to load... (and this is before I enter my pin number)....Right now, I have the page loading and Its been like an hour or soo....

Is fafsa really that busy...or is my computer that slow?? And how am I going to finish my application if the page takes long to load???
- ANSWER:
  Must be your computer, are you on Dial? I just tried, typed in FAFSA application and got one right away. The next time you get it down load it, print it out and fill it in manually. thousand of dollars in aid were not used last year because students never finished filling out their applications. It would be worth it to go to your library to get the application.
  Remember to apply for as many college grants as you can. You could end up with enough college grants for all your tuition fees and maybe more. Good Luck
QUESTION:
Fafsa?????
IF you have both parents, what would happen if you only put one parents income for the FAFSA? What happens if you do not qualify for the FAFSA?
- ANSWER:
  You are supposed to use the income of the parent you lived with the most in the last 12 months.
  
  If it was neither, you use the income of the one that gave you the most support in the last 12 months.
  
  If you live with both parents, you must use them both. It doesn't matter if they file sep. or married filing jointly. You would have to add their income together if they file married filing sep.
QUESTION:
I am filling out my FAFSA and was wondering how to calculate income tax?
When i get to the point in my FAFSA where it asks to enter the income tax, I entered the amount of income I made in 2007 but it says that that's wrong. How do I calculate income tax without doing my taxes? I won't receive my W2's for another few weeks and I want to get my FAFSA done now. Help?
- ANSWER:
  It's better if you wait until you receive your W-2 but if not, just look at your last pay stub it will be there. your total wages for the year, it must be your LAST paystub of 2007. If more then one job just add them together.
  
  make sure you use whole dollar amounts, FAFSA won't accept cents, so round it up if needed!
QUESTION:
Can I use fafsa money to buy a laundry bag and bag to wash my bra in?
Can I use fafsa money to buy a laundry bag and bag to wash my bra in? Would that be considered supplies? Can I buy a drawer thing to put my clothes in with fafsa loan money?
- ANSWER:
  of course. Anything that you will need for school. Some kids stupidly accept higher loans so they have more to spend but dont forget you have to pay that back and with interest so you do not want huge monthly payments when you have to start paying them back and interest will be adding on those totals so keep them low, only to what you need and personal expenses and you can even use the loan money for travel expenses like gas or even to go home if you go to school away from college buying a train or plane ticket.
QUESTION:
What does it mean when your fafsa has been selected for varification?
My fafsa has been selected what do i do and who do i contact to know what they need to varify?
Also what kind of things do they ask you for?
- ANSWER:
  It just means that yours was pulled at random for them to double check all the information on your application. As long as you honestly answered everything then there's nothing to worry about.
QUESTION:
How does FAFSA figure the financial aid you should receive?
I just completed my FAFSA. I've lived on my own for two years but I still need my parents tax information, which I think is ridiculous. Does anybody know how they figure what you are able to receive in financial aid?
Well, I've already done all this. I've done my parents tax information, and mine. I just don't understand how they assume that if you're under 25, you still need your parents tax information.
- ANSWER:
  The dependency requirements were decided on by Congress when they originally built the financial aid model. They believe that parents have a responsibility toward helping their children attain their first degree. That is why it is ridiculous. Ridiculous to think that your parents should help! I agree it does hurt a small faction of students though where the parents are ridiculous and refuse to cooperate with the FAFSA information.
  
  Anyhow. The FAFSA collects information about your family size, number of people attending college, income earned and investment values and spits out a number called the EFC (Estimated Family Contribution). This is the number that decides whether you are Pell grant eligible, and is used by the Aid office to determine your overall need and awards. I'm not going to get into the formula... it makes my head hurt and its been a long week.
  
  Give your Aid office a week after you have filed your FAFSA then talk to them about when you can expect an awards letter. If you have already been accepted, or deposited with admissions, the award letter should come pretty soon after they have a chance to process it.
QUESTION:
When applying for FAFSA does your financial aid start in Fall?
I have a friend who needs financial aid for this spring semester, and I am afraid that financial aid through FAFSA doesn't start until fall semester. I assume she can get financial aid for summer through the school, but what should she do for spring quarter after this winter quarter?
- ANSWER:
  She can get it to start in the spring 09. She needs to go online at http://fafsa.ed.gov and select the 2008-2009 fafsa. If she is starting school next week and is just now applying, her aid won't be processed by the time school starts, but she can still get it. They can can still process it after the semester starts. If the school wants money before, maybe she can borrow it from someone. Some schools will let you attend classes with an outstanding balance as long as you have fin aid pending.
QUESTION:
What is the difference between Ford loans and FAFSA?
I know they are both federal loans but what makes them different? I have already applied and recieved acceptance for my fafsa but will I get more money if I apply for a Ford Loan?
Also will the ford loan be more expensive than FAFSA?
- ANSWER:
  The FAFSA is merely a FORM from which the Department of Education assesses your eligibility for Federal Financial Aid. Yes, all FEDERAL and most STATE aid in the form of either grants or loans come from that form!
  
  REPEAT: The FAFSA is a form that your FA Office will send to the DOE to see whether or not you are eligible for any grants or loans. Grants are NEED-BASED and never have to be paid back. Any LOANS you have to take out will go into repayment mode 6 months after you leave school or drop below 1/2 time.
QUESTION:
How can the FAFSA form for the 2010-2011 school year have a priority deadline of February 1st?
Some parents don't even get their W2 forms until after February 1st, so they don't know what their gross income is, let alone their adjusted gross income. If somebody that is filling out the FAFSA 2010-2011 school year form or somebody else who knows can help me clear this up, that would be great. Thank you.
- ANSWER:
  when filling it out choose "WILL FILE" then enter the information from 2008, if it's about the same. Later you can update it with "HAS FILED" and the correct information.
QUESTION:
How long does it take for the school to recieve the FAFSA application?
I filled out a FAFSA around two weeks ago and I listed the school I plan on attending. I checked my account for that school and it says "You do not have a current financial aid application on file." and I have been frequently checking my email for messages from them. I'm just wondering approximately how long does it usually take for schools to recieve your FAFSA.
I'm currently a high school senior planning on attending in the fall 2011 semester
- ANSWER:
  Depending on when you're starting, like later in the fall, they haven't put a package together for you.
  
  A school usually gets the FAFSA report, if all signature requirements have been met, in 3-5 business days. Sometimes more, sometimes less.
  
  Give them a call to get a true answer to what's going on.
QUESTION:
How will getting a new car affect my FAFSA school aid?
My family is considering getting a new car, and was planning to buy one under my name to help raise my credit score. I was wondering if this would affect my chances of receiving government aid from FAFSA?
- ANSWER:
  One has nothing to do with the other.
QUESTION:
Can you still send in your FAFSA if you dont have a drivers license?
I was planning to send in my Fafsa today, but I cant find my drivers license anywhere! The Fafsa asks for a drivers license number. Can I still send it in if I dont have one? And will it be sent back if I send it in without one?
- ANSWER:
  Yes you can. Leave the state the drivers license was issued and the number blank.
QUESTION:
Can a son receive the FAFSA if his father is currently receiving the FAFSA?
My boyfriend is applying for the FAFSA and he's an independent under 24 with divorced parents. He's unsure whether to report his father's earnings or his mother's. His father (who has four other dependents and lived off of food stamps in the last 5 years) was approved for the FAFSA and is currently using it. His mother made 90k last year but declared bankruptcy a week ago. My question is, would it hurt him to report his father who is on the FAFSA more than his mother?
- ANSWER:
  If your boyfriend is still a dependent he will need to provide the information of the parent who provided the most support to him during the past year (provided that he doesn't live with either of them). This could be a parent who bought him any clothes or food, etc. If neither parent contributed anything to him, then he is supposed to use the information of the parent who makes the most money (this is all on the fafsa website in the FAQs section).
  
  Yes, a son and father can both receive fafsa at the same time. In addition, your boyfriend would probably get more money reporting his father's income, as bankruptcy makes no difference... it's purely income. He will also have to report his income. If he's asked for verification, he'll have to prove that he was correct in choosing the parent that he did -- by proof of support. Good luck to you.
QUESTION:
Why does the Department of Education FAFSA laws dictate a family's choice to raise independent children?
FAFSA app has 7 criterions one must meet in order to claim independent status. Most students parents raise them to be independent to handle their own college costs so the parent(s) can save for their retirement. It is so easy for the government to say its the parent's responsibility to pay their child's education; but the schools & the govt have a business relationship with each other in order to stick parents with even more debt for the sake of educating their children. As a parent, I taught my child to be financially responsible and independent because I have to also save for my retirement. At 18 years old, a child can apply for credit, rent apartments and apply for car loans. Why can't the same child apply for school loans under FAFSA? Esp. under the circumstances the parent(s)saving for their retirement& not be dependent on their kids in their elder years. The DOE is such a joke because it appears to give grants to schools to help students only to issue $$$ loans and a grant!
- ANSWER:
  Actually, it's not the Department of Education. Congress determines what calculations are used for an EFC and whether a student is Independent or Dependent. It's part of the Higher Education Act of 1965. It is subject to "reauthorization" where Congress has to review the Act. This link provides some of the bills and legislation: http://www.nchelp.org/elibrary/index.cfm?parent=1791
  
  Schools use the EFC (Expected Family Contribution) in conjunction with the school's COA (Cost of Attendance) to determine what types of aid a student is eligible for. So it's not the DOE per se that determines what financial aid a student will receive.
  
  I know it's very frustrating! All I can suggest is to contact your congressional representatives and express your concerns to them regarding the FAFSA. Good luck!
QUESTION:
How long after your fafsa application is processed do you actually get the money for school?
Im wondering if i fill out the fafsa it takes two weeks to process application. How long do i have to wait for the money for school? How does it work?
- ANSWER:
  This was my experience.
  
  Did FAFSA, processed 1 day later, my school got it a few days later, they asked for verification, I printed out the Dependent Verification form I was asked to fill out and attach my parents IRS tax form 2009, I gave it to my Financial Aid Office personally however you can mail this if you are too far away, THREE weeks later, it verified and has "satisfied requirements and processed", so my status says in my schools website. Now, you will receive the money shortly before classes start. What happens is, they need to determine how much you need so in order to do that, they have to see how many classes you are signed up for, and estimate what you'd need for books etc. However, for the cost of tuition, you don't get the money, the school does. For books however, you get a check in the mail.
  
  If there's any money left back, you keep it.
QUESTION:
I filled out my FAFSA towards the start of classes. Will I be able to receive money from them?
Is it to late? I had to pay for my tuition because If I didn't I would have been dropped from all my classes. But I filed the FAFSA and if I was eligible to receive money from them for that year will I get a reimbursement for all that I paid for? If yes, when will I receive it?
- ANSWER:
  You need to talk to your schools financial aid department to get accurate answers. Call them, e-mail them, go see them in person - but talk to them.
  
  If you filled out the FAFSA you should have gotten an e-mail or letter from them saying they received it, and you should have an estimated family contribution as well as something from the school with an estimated amount of financial aid pending.
  
  However, though most students DO get aid through the FAFSA if your parents make too much money you may not qualify. Which is why you need to talk to your schools financial aid department to make sure that you received money - and how much. If you applied late you would get less than the students who applied early as well. The amount given is determined by need, but there is only so much to give - early applicants get more.
  
  As for reimbursement, that is a policy determined by the school. Any money from federal aid that is NOT used for school goes directly to you in a check or direct deposit to be used how you see fit. So if you got full payment, and had to pay for school before it was given to you, the school may reimburse you or they may just give you the full amount in a check.
  
  Again, to get accurate answers for your school contact your financial aid department. And I'd say as soon as possible is best. E-mail them, then follow up with a call to make an appointment.
QUESTION:
When filling out the FAFSA, do I need to include my unemployment benefits as income?
I've been on unemployment since September '10 (it ends either this October or next October) and I want to go to school full time. Will getting unemployment benefits affect how much financial aid i can get based on my income? Or does FAFSA not count unemployment benefits?
- ANSWER:
  it will be taken into consideration how much FA u will get. it will be computed accordingly
QUESTION:
How long will it take til my husband get his FAFSA after sending the transcript?
So he applied for Fafsa (California) for Fall. He had just transfered from anoher school up north and he didn't send in his transcript. Now almost 2 months later we still havn't received his Fafsa yet and we received an email requesting the transcript. He sent it in today and I was just wondering how much konger will it take? Is he still gonna get his Fafsa for Fall?
- ANSWER:
  Give it a couple of weeks
QUESTION:
What is the best date to file your FAFSA if you want to maximize the amount of Federal Assistance you're given?
I received my W-2's and immediately filed my FAFSA that morning. Considering that they'd been accepting FAFSA applications for the Fall semester since the 1st of January, was the 31st too late to maximize my potential federal assistance?
My taxes were done before my FAFSA.
- ANSWER:
  There is only one critical date for financial aid eligibility, and that is the "priority aid deadline" at your school.
  
  Schools do not process aid applications as they arrive - schools process aid applications beginning immediately after their own "priority aid deadline" has passed. If your school's deadline is March 15th, they will begin processing aid on or about March 16th.
  
  There is NO benefit to getting your aid application in first - when the school begins processing aid, they evaluate all of the applicants on the basis of financial need. Funds like Pell Grants and Stafford loans are not limited - the school can award those to everyone who qualifies. Other forms of aid are awarded from a limited pool of funds, but the school first determines how many of their applicants qualify for those forms of aid, and then allocates that aid to as many students as they possibly can.
  
  The only aid applicants who risk getting shut out, or receiving reduced aid packages, are those students who do not meet their school's priority aid deadline - otherwise, financial aid application is not a race.
  
  I hope that doesn't disappoint you.
  
  Good luck!
QUESTION:
How do I reduce my EFC legitimately for FAFSA and CSS PROFILE?
How do I reduce my EFC legitimately for FAFSA and CSS PROFILE? Can I reduce my EFC by not reporting certain savings and investiment assets that aren't verifiable? If not, what other legitimate ways to fill out FAFSA and CSS PROFILE such that I get the lowest EFC?
Will shifting student's savings and assets to parent's savings and assets help reduce EFC?
- ANSWER:
  You have to and must put down everything into the FAFSA and the amount for everything must be the truth and exactly the right amount. If the government, IRS .. those people that find out that you cheated, it would be a big trouble.
  
  The only way for the EFC to go down - it would be one of your parents quit their job and not working. Even if your parents are divorce, I think you would have to still report the other parent.
QUESTION:
FAFSA resullts, why did I recieve different amounts of financial aid at the schools I applied to?
I just got my FAFSA report back from both colleges I applied to. I got 2000 more dollars in loans at Oklahoma State University than I got at Texas A&M. Why are the amounts different if the tuition costs are roughly the same?
- ANSWER:
  If you are talking about your "Award letters" from both schools then you must understand that your awards WILL be different from school to school. Usually the difference is in state aid (if you are a resident of Oklahoma you likely qualified for state aid there). Or sometimes the school will automatically offer you a Subsidized Stafford loan, while NOT offering you the UnSub Stafford loan. Texas A&M may make you go back and ASK for the UnSub loan. Each school has its own awarding "standards" and they are not uniform and VERY situational to YOU like how early you did your fafsa and how quickly you turned in all your paperwork to each school.
  
  Also, if you are comparing schools from different states the "Cost of Attendance" may be significantly higher at one, causing the amount of parent PLUS loans to be a great deal more.
  
  Without more knowledge of what you are being offered, it's hard to tell, more info would be helpful. There are certain federal aid you get that will be uniform no matter what school you attend, but not all, esp state and school aid will be the same. ALWAYS look at the bottom line of how much the school is going to COST you in the end (loans and cash) rather than how large your aid package is.
  Good luck.
QUESTION:
How do I apply for fafsa living in my car?
I want to go to school, yet, I live in my car. I've heard about Financial Aid, and Fafsa, but how would I go about trying to get that Financial Aid when I live in my car?
- ANSWER:
  What's the mailing address on your tax returns? Use that address. They won't be sending you anything in the mail anyway. The FAFSA documentation is all handled on-line.
  
  If that doesn't work, get a PO box. They cost less than 20 dollars per month. You should really have a stable mailing address anyway.
QUESTION:
How do I apply for FAFSA without involving my parents?
This may sound silly but is there really no way to bypass having to involve my parents in filling out a FAFSA application? I live on my own but I am not over 24yrs old. I guess that is the big kicker...

I live alone and will be paying for the college courses myself so I didn't see any need to contact my parents about this.

Help?
- ANSWER:
  You have to be able to answer yes to one or more of the following questions:
  
  http://www.fafsa.ed.gov/FOTWWebApp/fotw0809/WorksheetServlet?locale=en_US&wstype=WSDEP
QUESTION:
How do you fill out your fafsa when your financial situation has changed?
How am I supposed to fill out my fafsa information for the next school year when my financial situation is not the same as it is on my taxes for last year. I was recently laid off my job and the only income we have now is my husbands, do I still fill it out as I normally would with my last years tax information?
- ANSWER:
  PBE:
  
  The FAFSA application process does not provide any type of allowance for "changed circumstances", but your school's financial aid office will.
  
  When you complete the FAFSA, you must provide the exact information requested - for the exact time period specified. In other words, where the form asks for information about your 2008 tax returns, you'll have to respond with the information, exactly as it was filed.
  
  HOWEVER....
  
  Financial aid officers are all permitted to make adjustments to a student's aid offer if the student is able to document that his/her FAFSA application is no longer representative of their current economic circumstances.
  
  Typical "changed circumstances" situations include:
  
  Layoff of the student and/or the spouse or parent(s)
  Illness or injury
  Disability
  Hurricane, flood, tornado or earthquake damage
  
  Complete the FAFSA as normal - but contact financial aid, and ask them what you need to do to make a changed circumstances appeal. I can't promise that they will make changes to your offer, but I can guarantee you that they will certainly consider it.
  
  Good luck to you - I hope this helps you and good luck on the job front, too!
QUESTION:
How soon does the school or FAFSA send your financial aid award if you applied on time but needed to?
How soon does the school or FAFSA send your financial aid award if you applied on time but needed to clear up a problem with the department of education, if you cleared up the problem about 2 days ago. The school is now only waiting for an academic plan to be filled out and then they said the financial aid file will be complete , so when should they send out the financial aid award?
- ANSWER:
  You need to ask this question of the Financial Aid Office. Each Financial Aid Office has a different timetable when financial aid awards will be processed.
QUESTION:
Do i need to reapply for FAFSA if I want the information sent to an additional school?
I efiled the FAFSA application (The application for federal student financial aid). I intended to have the information sent to one school- but since the application, have decided on a different grad school.. To have the results of my FAFSA sent to a different college , do I need to reapply for FAFSA from scratch?
- ANSWER:
  No. Once you have filed the FAFSA for a particular year, you cannot file another one. It will simply tell you that you already have one on file.
  
  If you need to make changes to your FAFSA after you have filed it, including adding a new school, you can go to www.fafsa.ed.gov to make corrections to an already processed FAFSA. The link will be under Section 3 of the home page. You will need your PIN to access your application and submit the correction. If you have lost or forgotten your PIN, you can obtain it again at www.pin.ed.gov by clicking on "Request Duplicate PIN."
  
  You can include up to 10 schools on your FAFSA.
QUESTION:
When do you start filling out FAFSA and other for UC or CSU?
When do you start filling out FAFSA and other scholarships for UC or CSU? is it before there deadline (Nov. 30) or afterwards?
- ANSWER:
  the FAFSA is available online on January 1st of the new year (so you definitley can't fill it out in November.) No school really tells you when you should apply for your FAFSA, but the sooner the better. (It's said that the earlier you apply, the more financial aid you could possibly get.) However, one problem is that you have to get your taxes/income from your family's (and your own, if applicable) employers - which usually takes at least until february or march. the earlier the better, though.
QUESTION:
What happens if you miss the fafsa deadline?
So tomorrow is the deadline for the fafsa, but when i went to fill it out today i had to change my pin #. Then when i logged back in it said it would take 3 days before i can use my new pin, which means i will miss the fafsa deadline. So what exactly does that mean? Can i still apply for scholorships and grants if my fafsa is late? Can i still sign up for classes? Or am i completely screwed? Please help!
- ANSWER:
  It means you don't get your money unless you talk to the federal aid reps at the college you've chosen and ask them for an extension which they may give for you.
QUESTION:
How much does FAFSA help a Sophomore student?
I am in the very bottom range as far as income. I am wondering about an estimate of how much money FAFSA might give me since I am a Sophomore student at a university. Please don't give me the website to FAFSA because that didn't help me.
- ANSWER:
  You can never be sure until you fill it out. But what I do know is first come first serve; ie the earlier you get it in, the more money you could get.
QUESTION:
How does my parents financial information effect my financial aid on my FAFSA?
This year I had to estimate my parent's tax information on my FAFSA and correct it later because i needed to meet my FAFSA priority deadline and they file late. Now that I have their actual information, their earnings are much higher then what I estimated. Will this reduce any aid I may already have? Also, what can happen if the values on my FAFSA do not match the numbers on their federal return?
- ANSWER:
  Check it out here. It’s an excellent site with some wonderful options for you. It will definitely help you. Have a look.
  
  http://financial--aid.blogspot.com/2008/07/financial-aid-and-student-loan.html
  http://financial--aid.blogspot.com/2008/07/financial-aid-calendar.html
QUESTION:
How can i start community college in the spring if i dont have my W2 for the fafsa?
I want to start school this spring but I don't have my W2 to fill out the fafsa. How long does it take for the fafsa to be completed.
- ANSWER:
  Spring semester already started, but you can use the tax info from the last paycheck stub of 2009 to complete it.
QUESTION:
How can I just fill out my fafsa with questions pertaining only to me, I am classed as independent?
I opened my SAR on my FAFSA to correct info after filing my income tax and I have a bunch of questions asking about my parents, when I don't even live with them and I am independent. How do I get around this? Thanks.
- ANSWER:
  Are you actually independent? You must be 24, married, or have children to file as independent. If you are not any of these three things you are legally a dependent student and must report your parent's tax information. If you are legally independent call the financial aid office to see what they say, if it is irrelevant you just skip over it, but if it is saying that you must fill out that information there might have been a mistake made.
QUESTION:
How long does it take to receive fafsa money?
I sent in my fafsa over a month and a half ago and i haven't received anything in the mail. How long does it take for the money to come. My school has contacted me and i turened in all the extra paperwork they needed; but i need this money now! how long will it be?
- ANSWER:
  wow I doubt you will get any soon this process is supposed to be done as early february to get money this school year. I applied for fafsa in March and didnt get the money to my school until one day before classes started
QUESTION:
How much fafsa grant will be deducted corresponding to my investment asset??
I am a 20 year old dependent.
I have 2000dollars to invest in stocks.
However, I do not have any jobs. Therefore I have no income.
So, the only possible income for me right now is investment income.
I want to ask. For having 1000usd or 2000usd with scottrade, how much money will be affected for my fafsa grant?
- ANSWER:
  Your grant will not be affected by the purchase of stock. The only possible scenario that could affect your grant is if you purchase 00 of stock, the stock goes up and you sell the stock. At that point, your capital gains become income. If your stock goes up and you do not sell, it is not income. Just hold onto your stock until you are finished borrowing money and you will be fine.
QUESTION:
If I already submitted my FAFSA, but I started a correction, did the colleges receive the original application?
I had submitted the FAFSA on January 1, but I later went back to check something, and it said that I started a correction but didn't submit it. I didn't actually need to make any changes. I received an email saying that it was submitted and that I could check my Student Aid Report. Did the colleges receive my original FAFSA in that case?
- ANSWER:
QUESTION:
What is the absolute latest time I can apply for financial aid from FAFSA?
I'm a senior in high school, and I desperately need money for college. I'm planning on applying for financial aid from FAFSA, but I'm worried it may be too late. Does anyone know when the absolute latest time to apply is?
- ANSWER:
  The March 2nd deadline is for really so you can get ALL the available aid to you, it is referred to as the "priority deadline". You can apply for financial aid through out the school year but the amount of aid available is limited and if you wait until after March 2nd you aren't in the running for all of the grants. I HIGHLY recommend you apply soon before the March 2nd deadline since you are graduating, new college freshmen have Cal-Grants that you may qualify for through the FAFSA application. Once you're in college and the school year end approaches and you still haven't applied then you may not get all the paper work in on time to qualify for that year and you're out of luck so don't wait. Good luck, hope this helped!
QUESTION:
How does missing the state FAFSA deadline affect my federal aid chances?
My state FAFSA deadline was April 1 but I'll definately be able to get the federal application done in time. I start grad school in a month. If I filled out the FAFSA now am I in danger of not getting the funds in time?
- ANSWER:
  State deadlines don't do anything to federal funds (that are all through the government) but specific state funds you probably will not receive because money will have already been given out. Those funds are decided based upon your EFC that FAFSA gives out.
QUESTION:
How can I complete my fafsa without parents tax returns?
On my fafsa I put that my parents will file but have not yet and now my school is asking for a Copy of my parents tax returns to verify the information. I do remember last year fafsa let me use the tax information from the previOus tax year. But I'm not sure what to do this time.
- ANSWER:
  You can estimate with the previous year, but your FAFSA will always be considered incomplete until corrected with their 2010 tax return. Your parents will need to file their 2010 tax return before you can get any financial aid. I am assuming that your parents filed for an extension this year since the tax deadline was April 15th. Note that your parents do not need to actually pay what they owe to the IRS (if that is their issue) but that they just need to have their completed paperwork.
QUESTION:
How long does it take the online fafsa to process?
I already completed my fafsa online but when do I get the grants or loans?
- ANSWER:
  It takes FAFSA about 48 hours to process your application. However, FAFSA doesn't award you anything, your school does. Your information will be sent to the school that you indicated on your FAFSA. They will then put together your award letter. This can take your school up to 8 weeks.
QUESTION:
How long does it take for a FAFSA to get processed?
I finally got to filling out my fafsa like 2 days ago. How long does it usually take for it to get processed, and sent to my college?
- ANSWER:
  you and your parents will have to show proof of ya'lls income unless you are independent and then only you will have to send your tax papers in. and it depends if you filled out everything out right if not you will have to correct it and send it back in
QUESTION:
How do I figure question 88 of the FAFSA application for my self employed single parent?
My mom has filed a 1040, and i need to know what lines on the form are needed to complete question 88 of the FAFSA> For question 87 I have her AGI. Would the question 88 be the same number?
- ANSWER:
  question 88 asks for all the money earned through working wages, tips, etc. so yes, this would include any profit she made from her business.
  
  later in the FAFSA it will ask a question about the value of businesses owned by the parent, but you will only fill this in if her business employs over 100 people. if it does not, leave it as 0.
QUESTION:
How long before change of schools registers on fafsa?
I was going to go to University of Texas at Dallas. I changed my mind last minute and am now going to go to Texas Woman's University. I am all accepted and registered for classes and everything. I did get sent financial aid for UTD, did not accept it. I just corrected my FAFSA and changed the school.

My question is, will they still send me financial aid for this school? Payment is due very soon, on Aug. 24th. If so, will it go through on time?
- ANSWER:
QUESTION:
What is the minimum summer hours required with using FAFSA?
I am paying out of state tuition, which FAFSA won't cover completely, so what is the minimum hours during a summer semester that I am required to take. I know fall and spring is 12, is it the same or less?
- ANSWER:
  It kinda depends on the school but summer term is usually 1/2 as long, so you will go to each class for twice as long or twice as many days per week. Full time in summer is usually considered to be 12 credit hours and half time is 6 credit hours because of this.
QUESTION:
Will a delayed response time to FAFSA tax verification effect my award amount?
I go to Portland community College and I filled out the FAFSA and found out my EFC is *0. My parents still haven't filed their taxes and neither have I. My parents owned their own business in 2008, so taxes are a time-consuming process. What if it takes a few weeks to respond to the verification? Will that effect my award amount?

Also, because on the FAFSA they had not filed, I had to guesstimate, what if it differs exceedingly from the actual taxes?
- ANSWER:
  Your EFC may change (and prob will change) if you used estimated information. Using estimated info also increases your chances of being selected for verification to begin with (as you have found out).
  
  The only way delaying turning in your verification paperwork will effect you is that it will delay when your award is finally processed and ultimately awarded. No school will create a financial aid package for you with incorrect or estimated information. You will have to get those taxes done (and turned in to the fin aid office) before they will do anything.
  
  If it's just a few weeks, I wouldn't get terribly worried, but if your parents start filing extensions, then I'd be a bit concerned. It is no fun starting school with no aid awarded!!!!
QUESTION:
Will i have to report to fafsa that i filed a 1040x after i recieved all my award letters?
Hi guys so i just recieved a revised w2 form, so i have to file a 1040x. Im in college and already completed my fafsa and already recieved my award letters. I was wondering if these changes mean i have to redo my fafsa again?

Oh i was so wondering how much time do i have to pay the irs back after filing my 1040x.
- ANSWER:
  If you received a revised W-2, you will need to update your FAFSA. It may or may not change your award letters, but yes, you will need to update it so the schools have the correct information. You won't need to start from scratch, but just go back and edit your original FAFSA.
QUESTION:
What is the most possible amount of grant money a student can get from the fafsa?
Disregarding my actual financial status right now - How much dollars from grants, at the most total, can the FAFSA offer a student, over 6 years? That includes but I don't think is limited to the Pell Grant, FSEOG, ACG, Teacher Grant.

So, add up how much possible grants, for every year, for six years, and that's the total. Anyone know for sure the amount?
- ANSWER:
  Well it depends on the institution and what grants they offer. Some colleges do not offer FSEOG or the TEACH grants. But IF they did this is what you are looking at.
  
  PELL for 09/10 with an EFC (Expected Family Contribution) of [FAQ-ANSWER] is 50 per year for a full time (12.0 units) student.
  
  ACG for 09/10 is 0 for a first year student and 00 for a second year student (based on a full time student).
  
  FSEOG for 09/10 is strictly based on the college you attend and how much they are federally funded. For instance, we offer 00 per year for a full time student.
  
  TEACH for 09/10 is 00 per year for a full time student with a signed commitment to teach full time in a high need field at a low income school. Not all schools offer the TEACH grant as it is a very strict program.
  
  So in total IF your school offers all of these, you are a full time student and you qualify for all you would receive a minimum of 500 per year in Financial Aid awards. 500 x 6 years = approx. 000
  
  REMEMBER: schools get new budgets every year from the department of ed so some years the amounts go up and some they go down. This is just an estimate.
QUESTION:
How long should I wait after filing my taxes to do my fafsa for 11-12?
I went to jackson hewitt a few days ago and filed my taxes, how long should i wait before doing my fafsa? I tried to use the direct link between fafsa and the irs and it hasn't come up with my information?
- ANSWER:
  Don't wait... you could for weeks, MONTHS and your info still won't show up. You have copies of your taxes right in your posession, you don't need to wait for them. It is not hard to follow the instructions, "Look on line 22 of your tax form and enter it here". LOL
QUESTION:
How do I fill out the FAFSA without a current year tax return?
My parents haven't filed tax returns for 2006 yet, but I have to fill out the FAFSA now. Should I just put in the amounts from 2005 or guess? And will I have to renew my FAFSA with the approximate amounts after I file tax returns? Thanks
- ANSWER:
  If the school(s) you're applying to have financial aid deadlines, use 2006 paystubs to estimate what the 2006 taxes would be. After the taxes are done, log back into the FAFSA and enter the corrected numbers.
  
  If the schools don't have financial aid deadlines and your parents don't wait until the last minute (April 15th) to do their taxes, I'd recommend waiting until you actually have the taxes done so you only have to enter the information once.
  
  Even if your school doesn't have financial aid deadlines, it's ok to estimate tax info now and correct the info later on, when the taxes are done.
  
  Every time you make changes to your FAFSA, the schools whose codes you entered on the FAFSA will get the most recent transaction.
  
  Way to be proactive, and good luck!
QUESTION:
Does a college student have to send in a FAFSA application?
I'm in college and need financial aid to afford it. But I am not sure whether I have to send in a FAFSA application or can I just take out a private student loan to pay for my college. The money I get from the FAFSA doesn't cover all of my college expenses anyways, and I need to apply for an additional loan through a private loaner regardless. So is it okay for me to only apply for a private loan and to not even bother with a FAFSA? If anybody has any information on this topic please post an answer. Thank you.
- ANSWER:
  Well you don't ever HAVE to apply for FAFSA. It is just an option. But in my opinion any free money hel is welcomed!!
  
  You should apply and then take the loan with what ever else you need.
  
  Good luck

Students Loan

October 1, 2011 - Posted in Uncategorized - Permalink

It has been found that the Christian people get very disturbed when they have to face debt-related problems. This has caused for various debt consolidation services that have especially been designed keeping in view the specific concerns of the Christian debtors. In recent years, a plethora of debt consolidation companies has jumped into this filed and they offer customized debt consolidation loans for Christians.

Spiritual credit Counseling

The greatest advantage of these specific debt consolidation services is that everything is done in a way that is consistent with the Christian beliefs and the teachings of Bible. The credit counselor provides additional spiritual counseling and let them know how can they better manage their finances and credit in order to avoid huge debts. The debt consolidation service they provide does everything in a proper manner, whether it consolidating your debt, negotiating your loans with your existing creditors, reducing your interest rate, establishing a repayment schedule, etc.

What kinds of debts does it include?

Like any other debt consolidation loan, Christian debt consolidation services also include all kinds of debts, whether it is credit card loan or bad credit or student loan or bill related dues. However, what gives a Christian debt consolidation loan an edge over the normal ones Is that they offer much easier terms. Whether it is bad credit debt consolidation, credit card debt consolidation, students loan debt consolidation, or debt and bill consolidation – all these debt consolidation loans are designed specifically for Christian clients, keeping in view their religious beliefs and other concerns.

The best part with Christian debt consolidation companies is that most of them are non-profit organizations, and their primary motive is to help the fellow Christians get rid of the burden of unusually heavy debt. Christian debt consolidation is no doubt an excellent addition to various debt consolidation services.

Frequently Asked Questions

QUESTION:
Student loan for Canadian students who want to study in Romania?
Hi, I am currently a second year university student in Canada. I am planning to go study in Romania next year. I was wondering is there any kinds of student loan out there that will lend money to canadian students who wants to go study in Romania? Thanks alot!
- ANSWER:
  know of a company that gives personal canadian loans.
  
  You can use the money for any purpose and they don't have upfront fees.
  They work with most credit issues but you need verifiable employment.
  contact:
  http://www.ewebhost.biz/cgi-bin/affiliates/clickthru.cgi?id=autoprt
  for details.
QUESTION:
why do indian students coming to US for masters in science need a bank loan?
Aren't they sponsored by the grad school? I have heard that , in science, students get paid for studying. So, why do students pick up a student loan?
- ANSWER:
  Some graduate Science schools do offer stipends to students.
  
  More common is the so-called "rupee whore" USA school which will take all the Indian students it can get, by the planeload, so long as they pay full tuition. Since university studies in the USA are extremely expensive, such students need to take out student loans.
QUESTION:
Does students get a student loan for a gap year for example travel to south america ?
I am planning to go but if i dont get a student loan how much money will i need for the total cost of my travel.
- ANSWER:
  There are many different websites out there that have knowledge on this subject.
  
  I just did a google search and found this website :
  
  http://studentloanconsolidation.instant-info.info
  
  Hopefully it is helpful for you.
  -TheAnswerGuy
QUESTION:
Can overseas students get a loan in the UK to study?
My friend is from Lithuania and would like to study a business degree in the UK, but wondered whether she could take out a student loan here in the UK? Does anyone know of any finance help for international students?

Thanks
- ANSWER:
  Because she's from an EU country I believe she would qualify for a student loan
  
  More information:
  http://www.direct.gov.uk/en/EducationAndLearning/UniversityAndHigherEducation/StudentFinance/StudentsFromOtherEUCountries/index.htm
QUESTION:
Can international students get a US student loan for graduate school?
Hello,

I am an international student and will receive my bachelors degree from a US school in december. I want to go to graduate school in the US as well and might need a student loan for about ,000. Does anybody know if foreigners can get a US student loan for going to US grad school?
- ANSWER:
  Yes of-course. There are so many sites on net and other web sites where you can know about that. and Google is also there to help you always and there are so many private organization available where you can get a student loan without a cosigner. how much time they take to disburse your loan, is up to the work they do and how many paper you can provide to them.
  i can tell you who get me my student loan,which they provide me when my score is also not good.
  
  http://badcreditloans.50webs.org/studentloan.html
  
  they can help you as well to get approved your loan, and if they cant then don't worry at all there are so many others also who can help you as well. good luck dear.
QUESTION:
What is a good student loan organization that helps students take out student loans without having to have a?
co-signer? Please respond as soon as possible because I am trying to search for student loans without a co-signer before i go back to school in the fall of 2007. I tried to do astrive student loans but they need a qualified co-signer and I don't know if a member of my family is willing to do that. So please if u know of any organizations or whatever that helps students with loans without a co-signer please let me know. Thanks a bunch.
- ANSWER:
  ANY decent student loan organization should loan direct to you, without a cosigner.
  Best bet is probably completing the FAFSA, but it might be too late to do that for this fall. Check with the financial aid office at your school about the date for this years FAFSA, or any other possible sources of money as they will be the most complete source of information. There is A LOT out there to borrow, or be given, but you need to do a little investigation and some legwork.
QUESTION:
What is the best loan option for prospective grad students?
Should I get a loan from a bank or from a student loan company? Which is more affordable? If bank, any specific bank with lowest interest rates? If other, which one is best option? Thank you!
- ANSWER:
  Your best bet for grad school is the federal GradPLUs loan. Federal loans typically have the best interest rates and most generous repayment options. You must start by filling out your FAFSA.
  
  If you've missed the FAFSA deadline for this year, private student loans are also available. These loans are credit-based, which means the interest rate will probably be variable, and based on your credit history. Having a cosigner with good credit can help. Private student loans are usually more expensive than federal loans, but still have benefits over "bank" loans, such as potential interest deduction on your taxes.
  
  Explore your options, and borrow only what you need, b/c you will have to pay it all back eventually.
QUESTION:
Where would I find out student loan lenders that loan to non-degree seeking students?
I took some classes this summer for Teacher certification and my loan fell through b/c I was a non-degree seeking student. So I was told to look for private lenders instead who would do a back loan since I'm finished with the classes.
- ANSWER:
  The best place is to go through your schools fin aid office. To apply start by filling out the fafsa application at http://fafsa.ed.gov
  also there's plenty of resources at http://www.computereweb.com/scholarship.php?id=hra0tt16koo9
QUESTION:
Why do young Republican students here resent Obama's changing the student loan program?
Taking the student loan candy from the banksters certainly hurt their profits but allows the student a lower interest rate and better terms on which to repay the money.

Why would a rational person want to end up with more debt to a bank?
- ANSWER:
  I like dealing with my banker. Now I have to deal with the Fed if I want a loan. There is no reason to force me to do business with the fed.
  
  I don't care if my bank makes a few bucks off of me. I get tons of free services from them. Why would an educated person trust the government?
  
  Maybe if you learn to control yourself and manage your money wisely you will stop bouncing checks and won't have cause to hate your bank either.
QUESTION:
Why do university students complain about fees when they can loan and pay bit by bit when they are working?
I see on the news about students protest, but i know they are rising. Also I'm sure that they can take out student loans and pay back in the future when they get a job or something? So what is the argument.
- ANSWER:
  Being in debt sucks.
QUESTION:
How are these college students now going to be able to secure a student loan with the new limits on credit? ?
It will now be tougher to secure a student loan, car loan, home loan, and personal loan. What will your candidate do to help?
- ANSWER:
  Please stop fearmongering.
  
  Student Financial Aid remains unchanged. That's what "bailout" means.
  
  Get your facts straight.
QUESTION:
students loan from students who dont have social security?
what are the possibilty of getting loan for students on dependent (h4) visa? I know sallie mae is one , could u guys provide more lenders and banks who issue students loan for h4 students and who charges the least interest?
- ANSWER:
  collegefinder.bebto.com - try this site. It has info about different US student loans and scholarships.
QUESTION:
where can i get the best deal and right guidance for the students loan for America?
I am a student from india and aspiring to study in USA, I Am looking for students loan is there any agency or website which will give me right guidance?
- ANSWER:
  The State Department has a website for prospective students
  it's http://www.educationusa.state.gov/
  it's a network of more than 450 advising centers around the world and it's free. an agency will charge you a fee
QUESTION:
student loan in the UK for international students?
can anyone help me out here? it seems that there are no organizations in the UK like those in canada and the US which offer loans for international students wishing to study there.Any suggestions anyone? i'd be most grateful. thanks!
- ANSWER:
  Dear Kari,
  
  I think there might be an option if you are living in Canada to get the OSAP while studying in the UK.
  
  For more information, please send an email to fatima@studentssolution.co.uk and ask me the question in more detail. Also you can join the facebook fanpage "Students Solution - Study in Canada/UK" for more information. I am sure that this way you can find information not only in terms of the funding but also gain assistance in the application and visa process.
QUESTION:
Is there any student loan for international students in australia?
i want a loan for my studies as i m an international student it is hard yo find one
- ANSWER:
  Unfortunatley no, it's against the UCCC guidelines. You need to be an Oz Citizen or apply for permanent residency.
QUESTION:
Are there any loan forgiveness programs for criminal justice students?
i know that there are programs with the correctional area that will help pay off student loans. but does anybody know where else i can look? i have a lot of student loans under my belt. i have yet to consildate, but i wll soon. i need so really, good, smart answers. in other words, i need HELP!! thanks so much for any help that you give me.

also, i am texas.
- ANSWER:
  Many branches of the government have loan forgiveness programs. You would have to work for them for about 4-5 years. In return they will pay or forgive a certain amount of your loan. If you were looking to go into the public sector any way it's a good opportunity to get out from under some debt.
QUESTION:
what is the average amount to a student loan American college students hold?
I guess-- well you could always just say what your student loan came out to be by the end of your education....
guess that'll help. lol
- ANSWER:
QUESTION:
Where can I find a student loan for students with zero credit and no cosigner?
I have already filed for financial aid and exhausted my other options. I am looking to find a loan that will allow me to file independent of anyone else, but I have no credit history.
- ANSWER:
  You need to understand that student loans are extremely risky for banks. They're unsecured loans - no collateral, made to college-age kids, generally with no income, and little credit.
  
  All that being said, banks learned a very important lesson during the mortgage fiasco - don't lend money to people with no credit history, no income, and no collateral. Just don't do it. Add the risks of lending money to people who have no idea what they want to do with their lives and no job prospects, in a market with high unemployment, and you'll start to see why it's hard for you to find a loan.
  
  Keep working with your financial aid office. If you do happen to find a lender who is willing to take the extreme risk, be careful. Most likely you'll find that the loan has a very high interest rate, high fees, or predatory repayment terms.
QUESTION:
How much student loan can be offered to british students?
if im studying away from home. Probably somewhere like manchester in a flat. What is the maximum amount of loan available for the degree and how much maintanence grant would i recieve if my family has a low income.
- ANSWER:
  You can get a loan to cover the full amount of your fees, a maintenance grant of up to £2765.
  
  The maximum amount for a maintenance loan is roughly £3000. You are guaranteed 72% and the rest is means-tested.
QUESTION:
What is the date that UK students get their student loan in the summer term?
I mean as in our loan to live on not the one that goes straight to the university to pay tuition fees. I can't seem to find out anywhere on the internet and I am broke so need to know! Thanks
- ANSWER:
  It depends on your university, there isn't one set date for everyone. The SLC will have sent you a letter back in the summer with all your dates on. Next time keep hold of it, since you'll need it.
  
  My payment date is 7th April, yours might be different. It's usually the first day back after the Easter break.
QUESTION:
Do Libertarians believe in Federal Pell Grant and Student Loan funding for financially needy college students?
-I'm Libertarian.
-In college
3.7 High School GPA. No scholarship unfortunately.
-Parents have not so good credit. I have NO credit so private loans aren't really an option.
-Even though I'm working to pay for college, I still wouldn't have enough if it weren't for the Pell Grant and Federal Student Loans.
- ANSWER:
QUESTION:
If I live in the US can I claim Taxes paid on my students loan's in canada?
I went to school in canada and student loans. I'm still paying taxes every month in canada but I live in the seattle, wa and work here. Can I just claim the tax I pay my students loan's in canada? THanks
- ANSWER:
  Dear Mararios,
  
  Let me summarize. You went to college in Canada. You paid for your schooling with student loans taken out in Canada. You are now paying interest in these student loans.
  
  See IRS publication 970 at www.irs.gov.
  
  In general, if the college, university,or vocational school you attended in Canada is eligible to participate in student aid programs administered by the US Department of Education, then the interest you pay on your Canadian student loan is deductible as student loan interest on your US tax return. If the education institution is not eligible then the Canadian interest is not deductible.
  
  Many Canadian Universities are eligible. You should call your school's registrar's office and ask them if students who attend are eligible for US Department of Education aid programs.
  
  Richard K
  HR Block
  
  This advice is based upon my understanding of the law in effect at the time it was written as it applies to the facts provided by you. See my profile for more information.
QUESTION:
Does anybody know anything about the Student Loan programs available to college students?
What is the maximum amount a student can borrow each year and who are the best Lenders to borrow from?
- ANSWER:
  It all varies based on where you are. Talk to a financial adviser at your desired school. They will walk you through it.
QUESTION:
Is there any student loan in the UK (specifically in England) which international students can apply for?
Please help me in this one. I know that student loans are usually for home students, but I'd still like to try and find out. I plan to really study, live and work in England even after I'm done with Medicine so maybe it will work out.

If there aren't any, what are the possible institutions, banks or organizations I can ask help from, whether in the UK or world-wide? Are there any other forms of financial aid I can get or apply for as an international student? Can I get a student loan if I live and/or work for a few years in the UK, for example?

Thank you.
- ANSWER:
  not exactly, there is no loan facility for the international students. if you are from European union then you can have a status of a home student and need to pay only a nominal fee. and if you are a common wealth student then in some university you can have fee concession ( need to contact the common weatlthoffice , London).and if you are non of them then you need to pay the full fee according to fee schedule. one thing you can do that if you have the money to pay the minimus instalment in the start of the session ( which is usually half of the fee) then the university will make two of three easy instalments , which you can manage to pay by your job or cradite cards ( which you can secure with opening a bank account)... for more detail do not hesitate to contact me on imalinaqvi@yahoo.com
QUESTION:
Does anyone know of any loan companies in the UK that cater for unemployed students?
I already receive a student loan from SLC, but need additional loan
- ANSWER:
  Nearly all banks have overdraft facilities for their student accounts,it will almost certainly be cheaper than a loan company. Be careful what you borrow because you will have to pay it all back eventually plus the interest.
QUESTION:
What would the effects of removing student loan eligibility from students for higher income families?
I am a third year undergraduate studying education studies and social inclusion and I am thinking about writing my dissertaion based around the question above, could anyone point me in the direction of some good reasources such as books or research?
- ANSWER:
  do u mean remove student loan eligibility from students OF higher income families? You can find information on this subject in newspaper articles or magazine articles at the library.
QUESTION:
if i decide to move to another art school from ITT, what about my students loan?
i am in ITT (gameing design) for about a year while using ITT provided loan. if now i want move to another art school (ex, Art Center), do i have to pay off the this loan first before i reapply loans for new school? or am i able to bring the loan with me?

I strongly dislike like ITT, the campus in San Dimas i go to is a rip off for many reasons. I have to move before my future is ruined.

Please help.
- ANSWER:
  No, you don't have to repay any school loans in order to transfer from one institution to another. Your loans will simply follow you from one school to another.
  
  However, if you're worried about ruining your future by going too far into debt, then why not simply attend a state school?
QUESTION:
What percentage of college students graduate with student loan debt?
Thanks!
- ANSWER:
  More & more people are going to college via student loans. My calculations show about 72% of the US public leaves college in more debt than they entered college with. Now most of that is student loan debt, but others may have just overspent as well.
  
  The best thing to do to try & limit your own student loan debt is see if any scholarships or grants are available to you.
QUESTION:
Can a student loan be forgiven if the school closed and there are no records of students grades or attendance?
I graduated with a diploma in 1987 from a business school but when I called for transcripts, none were available because the school closed and did not report anything to the school board.
- ANSWER:
  If the school closed and never reported anything to the school board, there was no valid transcript then. The school is required to send any ending education records to the state the school resides in. If you still owe the institution money, you should request that the transcripts be released or the money for the education would be void. Did you ever get a diploma for the education you recieved?
QUESTION:
Do most college students who file a FAFSA and student loans get the loan refund check?
I'm just wondering because i am currently enrolling. Anything would help!
- ANSWER:
  i have a friend who got fafsa and loans and got a refund check, it was way more than what her classes cost.
QUESTION:
Do universities wait to receive their rent untill a students loan has came through?
Im just worried how things will go about with rent for my room in halls.

Question related to UK universities.
most websites of unis say that u have to pay on arrival but how the hell can u do that if u only get ur loan when ur attendance has been confirmed??? which according to me takes a couple of days??
- ANSWER:
  Check with your own dorm head, it depends on the university, but I know Essex is postponing the bills until the loans come through if you demonstrate a loan contract.
QUESTION:
Is there such loan that will consolidate my students loans, plus gives extra as a cash advance?
I owe around ,000 dollars in student loans right now. I am wondering if there is any type of loan that offers to consolidate my current student loans, plus give extra on top of that? In other words i am looking for the original ,000 plus an additional ,000 (to cover miscillaneous expenses when moving out.) I plan to work full time after i graduate. but i do not have a full time job right now. Any advice would help.. thank you.
- ANSWER:
  When I was in college, student loans didn't start accruing interest until after graduation and you got 10 years to pay them off. Plus you didn't have to make payments until 6 months after you graduated. Since then some of the tax laws have changed. I think your best approach is to talk to an accountant. K is a lot of money to be on the hook for and I doubt you can get 10 years to pay that back unless it is secured by an asset like a house. And if you do have a house you're going to need enough equity to cash out.
  
  The fact you are still in school (and I assume unemployed) makes getting a loan very, very difficult.
  
  Debt is a bitch. Take what you have, look at your income, look at what your payments are/will be and see if you can fit it all into a monthly budget so you don't default and can still have cash flow at the end of the month. Make the budget fit your income and not the other way around.
  
  But to your other comment... K to cover moving expenses? HAHAHAHA! I don't think so.
  
  Go see a financial professional and remember cash is king.
QUESTION:
Is ir mandatory to pay back students loan even if you are not employed?
Also include the implications and procedures of easy repayment.
- ANSWER:
  Unless I am much mistaken, you do not have to begin paying back your student loan until you are earning a certain sum of money per year. (I believe this is £15,000) and therefore if you are unemployed, the answer is no, you do not have to have to pay it back until you are working.
  
  EG: One of my previous employees had taken a degree in childcare and she insisted she would only work part time, so as to keep her below the repayment threshold. I believe she has still to begin paying off her loan to day! (this was three years ago) This is in the Uk by the way.
  
  Uk http://www.hmrc.gov.uk/students/reps_how_when_howmuch_6_1.htm
  
  USA http://www.collegeanswer.com/financing/content/f_reploans.jsp
QUESTION:
How much is the April student loan installment for London students and when is it due?
- ANSWER:
  Was due on the 20th April but there has been a delay as there is something wrong with the Student Loans company's payment system. I contacted my LEA this morning and got this response by email:
  
  " We have spoken to the SLC and there are problems with their payment system which has meant that payments for all students which were due today haven't been made. Your payment was due to be made to day but as there is a system problem it will be rescheduled and the payment will be made as soon as the system is up and running again - hopefully by the end of this week but at the moment the SLC aren't able to give a date when (as it depends on the system being available)"
QUESTION:
I need to advertise for a student loan debt consolidation company that targets students around UF, ideas?
By UF I mean the University of Florida, I need some way to network myself with the soon to graduate and the med school/law school/graduate school students.
I don't need a debt consolidation company, I'm going to start working for one. I need to advertise for it.
- ANSWER:
  post a brief on your services on their university's classified
QUESTION:
Can Two full time students get a loan for a house?
My husband and I are both full time students and want to start the process of getting a home. Is it feasible to think that we may be able to get a home loan with both of us in school or is it mostly impossible?
- ANSWER:
  Yes you can take loan, many different company give mortgage loan on some conditions. May be they take some property documents as security. But before going to enter into legal agreement read the agreement very carefully and ask the each ins and outs of this agreement.
QUESTION:
Are there any student loan options for international students wishing to study in Canada?
I'm not residing in Either the US or Canada at the moment so please advise me otherwise
- ANSWER:
  NO. International students who want to study in Canada MUST be able to pay their own costs, including travel , tuition, accommodations, food and medical insurance. Canadian Universities are public, so they are supported by the Canadian taxpayers, through their annual income tax payments, and other taxes.
  
  JIm B.
  
  Toronto.
QUESTION:
If Republicans take control the congress, will they repeal the new student loan provisions and force students?
to borrow college money through middle men once again?

This will cause them to pay higher interest rates and less favorable terms on their loans.

In the 1970's I went to college and borrowed directly from the government at low interest rates.

Is this issue so important to Republicans that they will force our youth back into borrowing from the likes of Bank America again?

Haven't the commercial lending institutions been given enough favors already?
- ANSWER:
  How about with the loans in the govt hands and only govt hands that they have the say who gets loans, which fields of study will get the loans and which schools will be giving their students loans. The govt will have the power to influence which fields people go into. If they decide mathematicians are needed a majority of the loans will go to math majors, influencing people to get into that field because they will be given a loan.
  
  I agree loans are a predatory market and they have you by the balls, but at the same time it shouldnt be only govt or only banks. You need to have options so you can weigh the rates against each other. Competition always drives prices down.
QUESTION:
Can I remove my cosigner ( mom ) from my students loan?
I am about to graduate from college in May 2009. I will be teaching English abroad to pay my student loans.

However I have been having a lot of problems with my mother lately and she wants me to pay my student loan immediately. I need to find a way to remove. I try to explain to her that it wont affect her but she doesn't understand. Please help.....I'm tired of alway feeling bad and crying
- ANSWER:
  Yes, you can combine your loans and put them in your own name. From what I've been hearing at work, the time to do this will be July 2009. You loans aren't due until you are out of school for 6 months anyhow, so she's not paying on them right now, right?
  
  Talk with your loan company and ask them about the consolidation "deal" coming up in July.
  
  You are to be admired for taking on your own debt. I know parents right now that are in danger of losing everything they have because they can't affford their kids' student loans.
QUESTION:
What is the best private student loan for students whose parents have poor credit?
- ANSWER:
  If Lady Pink was really a Financial Aid advisor, I am kinda shocked with her response. Anyway... if you are under the age of 24, complete the FAFSA and then have your parents apply for the Federal Parent Plus loan. If they get denied, you should be eligible for more Federal Loans as a Dependent student. Depending on your grade level in school, the additional part of the Federal Loan is a good chunk of money. So, it is best to have your parent try to apply and get denied, believe it or not.
  
  Are you attending a school that utilizes Title IV funding (federal loans)? If yes, then the above may be an option. There are a lot of schools that do not allow federal funding so you would have to go the private loan amount. You want to find somebody with the best credit possible to be a co-borrower. If you have any credit history, you should apply with a co-borrower. Even if you were to get approved on your own, adding a credit worthy co-borrower will get you a better interest rate.
  
  There are many lenders that offer private loans. Sallie Mae, Wachovia, Wells Fargo, Bank of America. My best suggestion is to do your research to find the best loan for you.
QUESTION:
Does anyone know of a Student Loan company that works with students with not so good credit!?
I am a junior in college and I am trying to find a student loan company to help me getting a loan. I have no co-signer and my credit is not that good! Any help would be great! I am so scared I may have to drop out!!!
- ANSWER:
  Maybe you can try below website to get the information you need. It's about bad credit student loans articles for your second opinion.
QUESTION:
What happens if you haven't sorted out the students loan thingy by the time uni starts?

Han: you misunderstood my question...this question is for people from the UK, they know how the system works over here...they know that i'm ref to the Student Loans Company
- ANSWER:
  Then you won't get the money you're entitled to before the start of term time, that's all - you can still get it, but if you don't have your tuition fee loan before term starts then you can't start the course unless you pay for it yourself or see if the university will let you defer payment until later.
  I'm still not finished sorting mine out yet - don't worry, there's still plenty of time =)
QUESTION:
Is true that we can take more students loan if we already took one?
I want to finish my barchelor in Arts, but the school is raising the tuition every year I dont have the money to pay what is left from my tuition and I really need to finish what Im studying make my dream come true by helping me pay the tuition.
- ANSWER:
  Absolutely. Just make sure they are deferred so you don't have to pay them til after you graduate. If you do a FAFSA they can get you setup with a loan, or you can try various banks.
QUESTION:
University students- do you like to splash your student loan or save your money?
Do you go round shops spending tons of money on the latest clobber/makeup/going out or are you saving your money and going round cheaper shops like myself. haha
- ANSWER:
  I don't have a student loan, I decided I didn't want to be in debt when I got out of uni because you have to buy houses and stuff, so I worked my way through. So I've not really had a chance to save, but I'm working on a placement this year so going to stash all I can away while I'm earning!
QUESTION:
which bank i can do the students loan in philippines?
am looking for the institustion that can assist to loan for the students in philippines
- ANSWER:
  I don't think US loans are much use to Philippinos studying in the Philippines.
  
  Ask at your own bank and at other high street (retail) banks.
QUESTION:
How can you get a Housing loan for students?
I will be going to a Masseag Therapy school and I need a Housing loan so i will have some were to live.
- ANSWER:
  Housing expenses are included in your school's cost of attendance figures. Anything you qualify for over tuition and books is for housing and living expenses. Did you qualify for any loans when you completed your FAFSA? Recheck your FAFSA and make sure you have reported the correct living arrangements you will have. You can make changes to your FAFSA if something changes.
  
  Contact your financial aid advisor at your school.
  
  If you qualified for federal loans you can to go most any bank or credit union for a loan.
QUESTION:
When in January do the Students Loan Company pay the student loan? What date?
I'm so skint and need to pay rent!

Thanks

xxx
- ANSWER:
  if you are in the UK, most people have received it in the last few days.
QUESTION:
will i get a students loan even if my dad's an NRI? (non-residential indian)?
i wish to go for further studies in the future, & i am looking to take a students loan can i get one even though my dad is an NRI?? what are my other options to get a loan if thats not possible?
- ANSWER:
  Student loans are meant to help students who are unable to bear their educational expenses. Student loans are different in different countries in the way they are devised, but then the common types of student loans available are the undergraduate loans, college student loans, private student loans and federal family educational loans. Most of the student loans are issued by the government generally with lower interest rates when compared with the regular loans.
  
  http://www.worldbestloans.com/student-loans.htm
  
  Student loan repayments are not made until the student completes his graduation. This facility helps him to concentrate on his studies and earn some little amount of money while he is studying, but repayment has to start once he finishes his education. There is a grace period of six months normally after the graduation, meant to be a cushioning period for the student to get into a job and start earning. Under certain circumstances, the federal student loans can be forgiven on an income contingent plan after 25 years. Also the payments are required to be paid off within a minimum period of time.
QUESTION:
Are Canadian students eligible to apply for the Sallie Mae student loan?
- ANSWER:
  If you have a U.S. cosigner, yes.
  
  "International students are eligible with a creditworthy cosigner (who must be a U.S. citizen or permanent resident) and U.S. Citizenship & Immigration Service (USCIS) documents."
QUESTION:
College Students, What do you think is the best student loan?
Which one will have the cheapest interests, and let you pay after your graduate, also is there any one that will right you a check instead of giving it to the school
- ANSWER:
  To battle the answers before me, it is the SUBSIDIZED stafford loan that doesnt get interest while you are in school...the unsubsidized gathers interest the entire time you are in school...but you dont have to pay on the loan until after school.
  
  Sallie Mae is NOT the best. They may offer loans to almost anyone, but Sallie Mae is a rip off. I worked in a financial aid office at college for over 2 years and I never once directed a person to Sallie Mae. They have awful "small print" that basically says they can raise the interest rate from 5% to 20% with little to no warning. I had my husband pay off his Sallie Mae loan before the payments even started. The only reason a college would suggest Sallie mae is if you and your parents cant get approved for any other loan OR because that college is getting paid by Sallie Mae to suggest them
  
  I would suggest getting the stafford loan that everyone is guaranteed when they get into college. Beyond the stafford loan, I have a Citi loan that I am happy with...but depending on your college they may not work with Citi. call your college's financial aid office and see what they suggest.
  As far as you getting the check, the school gets the check to cover your tuition costs and then any part of the loan that is leftover will be given to you in a check. If you want the entire check given to you, some private lenders will do that...but why not just let the school take what they need and then give you what isnt needed? THat's what I suggest, just do a bank college loan and let the school handle your loans. They will give you a check with the extra loan money usually within a month after the semester starts
  
  Either way, the choice is up to you...good luck!

Renewal Fafsa

October 1, 2011 - Posted in Uncategorized - Permalink

Early Bird Gets The Worm

Frequently Asked Questions

QUESTION:
Hi, I was wondering whether or not I have to file a renewal fafsa thisyear. Im a senior and the last time I di
Hi, I was wondering whether or not I have to file a renewal fafsa this
year. Im a senior and the last time I did a fafsa application was in
08/08/2007. Does that cover now to May? Or should I apply for a 2008 to
2009 application? Please help if you can.
- ANSWER:
  Your application will cover until the end of the current school year which is May and will continue over until the summer if necessary. The 08- 09 application covers from Fall 08 (August/Sept) to next spring 09 (April/June). If you filled out the FAFSA that recently, you will be fine.
QUESTION:
Do I fill out a renewal fafsa or a new one?
Ive been in college at the same school, this will be my second year not much information has changed except taxes. I just want to know if I fill out a renewal fafsa or start a new fafsa. If I CAN fill out a renewal and decide to start a new one will this hurt me (like slow down the process)?
- ANSWER:
  There is no "renewal" option on the fafsa website any longer.... they stopped that option a couple of years ago. You now just select the academic year in which you want to fill apply. As you start the application, it will ask you if you want to import your information from last year. Just select YES and the things that don't normally change like your SSN, DOB, Address etc will be pre-filled. If any of these information is incorrect (address, phone number) it is easy to put in the new info.
  
  Selecting the IMPORT option makes it easier and faster on you.
QUESTION:
My daughter is going back to college (hopefully) for spring semester, how do you fill out a renewal fafsa?
And is it too late to get aid or a loan for spring 2009? I have been trying to find the renewal option on the website, but haven't been able to locate it. She took a semester off to get married and in the hubub, we didn't do this earlier. She is also married, which changes everything. Any advice/ help?
- ANSWER:
  There used to be a separate process on the FAFSA page for applicants who wanted to submit a "renewal" FAFSA, but now there is only a single process. When your daughter logs in with her ID and PIN number, the site will recognize her as a returning applicant, and offer her the choice of beginning anew, or working from the previously submitted data. If you think it would be more convenient to work from the old info, go ahead and select the "pre-completed" option.
  
  It's not too late to get a Stafford loan or a Pell Grant for the Spring semester, but other types of financial aid are likely to be unavailable at this late date. Don't let that stop her from at least applying.
  
  As you correctly noted, your daughter's marriage automatically changes her dependency classification - she is now considered to be an "independent" student for federal financial aid purposes. Instead of providing your financial information, she will now have to provide financial information and demographic information about her own "household" - reporting income for both her and her new husband. This change could well have a significant impact on her new Expected Family Contribution score - and - as you're probably already aware, independent students are eligible to borrow several thousand dollars more from the Stafford loan program..
  
  I hope that information helps you - good luck to you and to your daughter!
QUESTION:
do i need to fill out a renewal fafsa for the winter semester if i already filled one out in the fall?

I filled out one in June for the current semester. so doesn't the spring semster qualify as a new school year since it starts in january?
shut up katey!
- ANSWER:
  You do it once a year. If you have a tax return, do it as soon as you can early in the new year for next year. We fill out one each February.
QUESTION:
What is the deadline for the FAFSA renewal for 2009-2010?
The question is pretty self-explanatory... and does anyone know if I need to send in my GPA verification for the Cal Grant?

I remember that the FAFSA pretty much covers all of the paper work for State grants, but then again, I haven't filled it out for a year. The FAFSA webpage has several different deadlines and vague info, so I need some clarification.

A little help, please?
- ANSWER:
  Shelly - there are two deadlines that you need to worry about - and neither one is the Department of Education's FAFSA deadline - that doesn't come until July 2010.
  
  If you hope to apply for a Cal Grant, you'll need to have all of your materials - the FAFSA and the GPA verification submitted by March 2nd. That's always the Cal Grant deadline.
  
  Your other deadline (and in reality, the more important deadline) is the priority aid deadline at your college or university. That differs from school to school, so you will need to look online, review the information that came with your admissions materials, or call the financial aid office at your school.
  
  The priority aid deadline is the day when your school will begin to allocate its financial aid funds for the coming school year. Some funds are only available in limited amounts - once those funds are distributed, you will not be considered for those forms of aid.
  
  (Other forms of aid, like the Stafford loan and the Pell grant, are available all year, even to those students who miss the priority aid deadline).
  
  If you want to be considered for all possible forms of aid, you must make sure that your financial aid paperwork has been received by the university prior to the priority aid deadline. Remember - you should allow several weeks for the Department of Education to process your FAFSA submission - do not wait until the last minute or your ISIR report will not be sent to your school in time to meet the aid deadline.
  
  Good luck - I hope that information helped.
QUESTION:
do i need to do a new or renewal fafsa i did it last year but didnt recieve aid since it was to late my efc 0?
where is the renewal by the way i cant find it ?
- ANSWER:
QUESTION:
Renewal FAFSA for 2008-2009?
Aah, I am so confused. When I look online at the fafsa website, it has only three choices renewal fafsa 2007-2008, fafsa 2007-2008, and fafsa 2008-2009. I need to fill out the fafsa 2008-2009, but I read somewhere I can fill out a renewal one that is easier. What is the difference between a renewal one and the regular one and is the option fafsa 2008-2009 the renewal option, just not explicitly stated?
- ANSWER:
  The renewal is if you applied for federal fin aid last year and want them to retrieve the info so you don't have to enter it again. (Name, SSN, address, birthday, etc.) It's usually the stuff you already know and can pull out of your head. I don't think the renewal option is available yet, but I wouldn't wait around for it. Do the 2008-2009, it's the same application... just not pre-filled with demographic data.
QUESTION:
Is renewal fafsa different than just fafsa?
im going to do this for the second time and i went to http://www.fafsa.ed.gov/FOTWWebApp/complete013.jsp then it said fafsa 2008-2009, fafsa 2007-2008 and 2007-2008 renewal fafsa, are they any different? im doing this for the second time so i dont know what should i fill, help me please im a bit lost here
- ANSWER:
  you can do the renewal fafsa. they are pretty much the same, but the renewal is for people who applied last year. once you are already in their database, some of the information will populate when you go back. all you have to do is update if there are any changes (eg income, marital status) since last year when you filed the fafsa
QUESTION:
fafsa renewal efc went up is that bad?
i just submitted my 2008-2009 fafsa renewal form. for the 2007-2008 year my efc was 0. when i just did it my efc went up to 114. is 114 bad? or is that alright.

**im new to this, i havent even started school or recieved my financial aid for the 07-08 because i start in may i just figured i would get it out the way before its too late. **
- ANSWER:
  114 is good. your EFC is the expected amount of money you should put toward school.
  4 dollars toward school out of your own pocket isnt bad at all.
  
  congrats!
QUESTION:
What form do I need to fill out for 2008-2009 FAFSA online?
I had received financial aid last year and I want to renew 2008-2009 FAFSA online but not sure what form to fill out. So which of the following form is the right one for me:
-2007-2008 Renewal FAFSA
-2008-2009 FAFSA

thank you!
- ANSWER:
  the form is called "2008-2009 FAFSA."
QUESTION:
FAFSA renewal question? ......................................... help? ?
How do I bring up the FAFSA renewal page on my computer? What link(s) do I click on to bring it up? I know it's on the FAFSA wesite.. Do I open up my previous FAFSA worksheet online? Does it ask me for a password and my pin? I just haven't been on the site for a very long time and I totally forgot how to work it. What actions do I take to renew my FAFSA for the 09-10 school year?

Thanks much,

haphazard_artist
- ANSWER:
  go to http://fafsa.ed.gov
  and go to STEP 2 FILL OUT YOUR FAFSA
  it will walk you through it step by step.
QUESTION:
Renewal FAFSA for 2009-2010 school year?! HELP..?
Ok well my dad just got his taxes done and i just started working a few months ago & i haven't received my w-2 yet; can I still do my fafsa without mines since I was working or can I just use his...?

Im 20yrs old...if that helps any.
My dad did claim me. So do I even have to use mine period?
- ANSWER:
  Yes, you must provide both your income information and your father's income information. Questions 32–47 ask for the student’s income information and Questions 56–65 ask for the parent's income information when the child is dependent, like yourself.
  
  According to the Federal Student Aid Handbook, Application and Verification Guide, Chapter 2,
  
  "The FAFSA asks for income and taxes paid for the “base year,” which for 2009–10 applicants is the 2008 tax year, so the questions refer to lines on 2008 IRS tax forms. Data from the completed tax year is used as a predictor of the family’s financial situation for the current year. If 2008 tax data is not available yet, best estimates can be used on the application, though the student may need to correct them later if they differ from the tax return."
  
  If you have any questions check out this link and read through the Application and Verification Guide:
  
  http://www.ifap.ed.gov/fsahandbook/0809FSAHBKAppVerification.html
QUESTION:
I have a question about turning in my FAFSA renewal...?
If I send my application in and it gets there after the 1st of March, will I still beat the deadline if it's postmarked before then?

I have the same problem I have every year- I get my pin confused and then I get locked out of my account.
- ANSWER:
  the march 1st deadline is arbitrary to your school. in most cases, it needs to be postmarked by the 1st.
  as for your pin, what you should do it email the pin to yourself and stick it in a file within your email account. name the separate file something like money so you'll remember that is where you keep it.
QUESTION:
Renewal form for FAFSA?
I don't remember the renewal form costing anything. But I could be thinking of the wrong form. What is the form that you use if you have filled out a FAFSA form in past school years?
- ANSWER:
  Not to be funny, but the renewal form is called "filling out another FAFSA".
  
  The form has to be filled out, anew, each and every year.
  
  By the way, the FAFSA site is offline for scheduled maintenance this weekend - I've seen several people ask what's wrong with it.
  
  I hope that helps.
QUESTION:
Renewal Fafsa 2007-2008?

school code
- ANSWER:
  If you're asking what this code is, each school has a code assigned to them. You will need to contact your school office for this info.
QUESTION:
when do i need to renewal my fafsa?
- ANSWER:
  After you and your parents have done your 2009 taxes.
QUESTION:
Fafsa renewal?
I am going to reapply for FAFSA for the 2008-2009 school year. But this past school year i didnt do so hot. I got some bad grades and dropped classes. Does that mean I owe them money now? Also when I first applied I didnt have a job and now I do. I work part time(15-20 hours a week) is that going to affect me? Thank you.
- ANSWER:
  The FAFSA does not care about your grades. Your loans could go into repayment if dropping classes put you below half or full time (depending on what loans you have), but your loans can go back into deferment if you take enough hours next semester. The FAFSA will ask how much money you made last year (as reported on your W-2), and that is the only way working affects your aid eligibility. So basically, you're fine as long as you take enough hours now.
QUESTION:
When is the FAFSA (www.fafsa.ed.gov) renewal form for 2007-2008 due?
I heard that today was a certain deadline but I wasn't sure. If anyone knows anything about the FAFSA (www.fafsa.ed.gov) renewal form, let me know - Thanks
- ANSWER:
  It depends on what term you need the aid for. FAFSA will accept applications all the way until next June.
QUESTION:
FAFSA Renewal and Money Advisors?
So I've decided on a major that my parents don't agree to, and say that they'll stop funding me next semester if I don't switch back to my previous major (that I hate). At first i thought that all I'd have to worry about is my dorm rent for the next school year, but they also said that they'll stop helping me with FAFSA grants and whatnot. They're paying a college money advisor of some sort to monitor our income to make sure that I get the money I need for college tuition.

If I continue to be in my current major, I'll have to reapply for FAFSA. Is it as difficult as it sounds? Because they sure are making it sound like it is. What's the difference between having a financial advisor apply for your FAFSA grants versus yourself? Is it really all that beneficial?
- ANSWER:
  Groan, if you decide to go it on your own, consider this...
  
  Now is the time to be very careful. Because, although you don't necessarily "NEED" your parents to pay for your education, you do need their income information to take out a student loan in your own name. They don't have to cosign for you, but their tax info will be required. Period. No exceptions in your case. Don't peeve them off or burn bridges now.
  
  Also be aware, the school can not release enrollment info, grades, your major, class schedule, anything to your parents without your written consent. Legally you are an adult.
  
  Also, the amounts you can borrow in your name are limited because of your dependency status. (Soph is 4,500 per year. Jrs and Srs are 5,500 per year) so if your school is more expensive than this and you aren't getting any scholarships or currently not eligible for anything besides PLUS (parent) loans and Stafford loans then you may have to go to a cheaper school to continue in that major.
  
  First of all, your parents are throwing their money out the window by PAYING someone to do your fafsa for you. They'd be better off giving you that cash for your school, but that's another story... anyway, The FAFSA is is something that can be done by you and any financial aid office at any school will help you do it for free. All you need to do is read all the instructions carefully and ask questions if you don't understand something.
  
  This paid, "financial advisor" doesn't get you any more money or benefits by having them hit the "Submit" button on the fafsa instead of you. The formula is federally regulated and the calculations are the same for everyone. I guarantee --if your folks can afford to pay for an "advisor", you aren't getting any need based grants like the Pell or your state grant program anyway.
  
  If you are not sure about how to fill out the fafsa, I would suggest you fill it out on paper and take the form to your fin aid office to check. They can give you the all clear before you transmit it.
QUESTION:
2008-2009 FAFSA renewal question about loans and work study?
I'm in the process of renewing my FAFSA for the 2008-2009 school year, and I just received an ROTC scholarship that covers full tuition and partial room and board.

My Expected Family Contribution is always [FAQ-QUESTION].00

Since I have everything paid for, I would only need money (grants) to pay for the other part of my room and board.

There is a question on the FAFSA that asks if I would be interested in Work Study or Loans or both. How should I answer it? I would only need a grant to cover the other part of my room and board, and I usually receive a Pell Grant every year, and that would cover my room and board.

If I answer "yes" to the question, will they distribute work study and loans first or do they distribute grants first? If I answer "no, I'm not interested in Work Study or loans" will that effect my chance of getting grants?

Thanks in advance!
- ANSWER:
  i answer no to that question, i answer that i wasn't interested on a work and study grant or on a loan, i got my financial aid anyways
QUESTION:
2008-2009 fafsa renewal?
I'm trying to renew my application for the 2008-2009 year but I cannot find where the link or button or whatever it is to renew. It says I have to fill a new one. Please help me out
what does prefill mean, my application for my college is due march 15th? do should i just fill one out for 08 09
- ANSWER:
  Just select the 08-09, it will ask you later in the app process if you filed a previous year.
QUESTION:
When are the FAFSA renewals due?
I can't seem to find the renewal date anywhere.
You know, your updates for the next year.
- ANSWER:
  The final deadline is June 30th of each year. So for the 09-2010 fafsa the last date to file your fafsa is June 30, 2010. For the newest fafsa (the one that was just released in Jan, the 2010-2011 fafsa, the final deadline isn't until June 30th of 2011. Of course, if you want money BEFORE then then you should file as soon after January first and after you get your taxes done.
QUESTION:
I went to fafsa and they asked for a fee of 79.99 for filing and 49.99 for renewal?
Is this somethine new? Are they supposed to do that
Ur guys are RIGHT!! I typed fafsa into my search box and www.fafsa.com came up... they were asking my my drivers license and SSN.. I filled out some until I caught on to it Im glad I asked.
- ANSWER:
  No i dont believe thats normal i recently filed a fafsa and did not have to pay. Check the url in your browser and make sure its this
  
  http://www.fafsa.ed.gov/
QUESTION:
Do I need to renew my old FAFSA or start a new one?
So, I'm starting another year of school and cannot get my loan until I submit the FAFSA. The problem is, I don't know if I need to renew it or start from scratch. The renewal page that I have already done says 2007-2008, and the questions seem to pertain to that year of school. So is renewing the FAFSA supposed to be done between first and second semester or each year, and then you apply all over again with a new school year? I'm lost.
- ANSWER:
  No, no, that's not true. You can submit a FAFSA form to the Department of Education for the 2008-2009 academic year any time before June 30, 2009.
  
  It's also not true that "the aid is already given out". At least not entirely true.
  
  Pell Grants are available all throughout the year, and they don't "run out". If your family's financial situation qualifies you for a Pell Grant, you will receive the full grant amount, once your FAFSA has been submitted, evaluated, and sent to the financial aid office of your school.
  
  The same is true for Stafford loans. You can qualify for a Stafford loan any time during the year - these don't "run out", either.
  
  Certain forms of federal aid (and state and institutional aid, as well) do come from limited funds that are distributed immediately after some kind of published financial aid (or application) deadline. The previous respondent is correct that (most of?) (all of?) these funds have probably long since been awarded. If you miss the deadline, you will have to wait until next year to apply for any of these.
  
  If you're looking at a renewal page that's discussing the 2007-2008 school year, you're at the wrong part of the FAFSA website.
  
  A FAFSA must be filed every year that you apply for financial aid. (Once a year). The FAFSA is available beginning in early January, and it's very much worth your while to apply as early as you can - if for no other reason, because it's one less thing to worry about each year.
  
  Once you have filed an initial FAFSA (as you have), you do not need to file a brand new form each year - instead, as you've figured out, you can file a "renewal FAFSA". That's really not much more than a FAFSA form with most of the information already filled out for you, based on your prior answers. You don't have to do anything special - go back to the FAFSA page (http://www.fafsa.ed.gov/) and log into your account, using the PIN number that you used last year (you did hold onto that, didn't you?)
  
  The government should have sent you an electronic (email) notification with information on how to renew your FAFSA. If you didn't get it, you might find it faster to just go ahead and start over with a new form.
  
  Call 1-800-4-FedAid if you have any problems completing the form.
  
  I hope this helped - good luck to you!
QUESTION:
A problem with my FAFSA?
if I didn't get a Renewal FAFSA page for my FAFSA this year, do I fill out another one?
Please I need help ASAP
that's the problem, I signed in and got nothing in my FAFSA page about re-applying.
- ANSWER:
  it doesn't say re-apply. you fill out the 2009-2010 fafsa. one way you can tell it's not a new one is a few things are filled out for you already from your previous fafsa, like your email, name, address, etc
QUESTION:
renew fafsa?
i am currently a freshmen in college and completed the fafsa last year. i need to renew my fafsa for my next academic year and so i went onto the fafsa website and clicked "renewal fafsa 2007-2008". is that how i renew it for the 2008-2009 year? or should i click "fafsa 2008-2009" and start all over again?
what happens if i already clicked "renewal fafsa 200-2008"? what is that suppose to do? do i just continue to do fafsa 2008-2009?
- ANSWER:
  You have to start over again. I had to submit mine yesterday.
  Just go back to the homepage and start over.
QUESTION:
Made a mistake on my FAFSA, what do I do?
I filed my renewal FAFSA (08-09 year) on the web yesterday evening and thought I was doing it all right. When I first started it a while ago, I went through it on my own and saved it. I decided to finish the rest of it yesterday and submitted it. When I got my confirmation page, it said that my EFC was 0, so obviously I had done something wrong. I thought I was doing everything right and since I've done it before, I made the mistake of just kind of fudging through it. But now it's already submitted. I tried do something about it where I could undo what I did, but it doesn't seem that way. I tried retrieving a 2008-2009 correction application, but it makes me enter in all of my information as well as create a new password, and when I do, it says application not found. Is this going to give me big problems? Do I wait for them to process it before I can do any corrections? Please help!
- ANSWER:
  A zero is a perfectly normal score on the FAFSA. It does not hurt to talk to your financial aid office about your application though. They can look at it and tell you if everything looks relatively normal with it.
  
  With a zero EFC you should be eligible for the max in Pell grant funding and may benefit from other sources of grant money such as SEOG or state funded aid. You will find this out when the financial aid office issues you an award letter.
QUESTION:
How to renew FAFSA for 2010-2011 school year?
alright i went to the FAFSA website and i don't see a renewal part in there.

how do i get FAFSA for the 2010-2011 school year, i already have a FAFSA account for 2009-2010 school year

-Thanks
- ANSWER:
  You just fill out the 2010-2011 FAFSA. It will ask if you filled one out last year and since you did, it will automatically fill in some of the information for you.
QUESTION:
Important FAFSA question!!!?
I filed my FAFSA ( or actually filed a FAFSA renewal) in January of 2006 with mine/my parents income tax info and wlothough i didnt even have an incling about it then, i will be gettin married in August...i know that once you file your fafsa as "dependent" for the year it stays that way...but i was wondering will i get in trouble at all for being married during the 06/07 school year and having a "dependent" status on my FAFSA?
- ANSWER:
  You wont get in "trouble" per se. However, It was unwise for you to file as a dependent unless your parents filed their tax returns with you as a dependent. By filing with your parents income, you will be awarded loans based on their income and ability to pay, not yours. If you could have filed as independent, and been able to enter a lower income, you would receive more in aid. Luckily, I am 26, and I am independent, per my parents tax returns, therefore my income will be used to determine my loan, not my parents. For me this makes a huge difference, also in calculating loans the government realizes that we would not be working as much due to school, while our parents would be able to continue to work. While there is obviously no way to change this now, your application has been filed, but next year, if possible I would seriously recommend applying as an independent, whether or not your parents help you financially, make sure they dont file you as a dependent though. Good luck!
QUESTION:
Renew FAFSA or 2008-2009 FAFSA?
I qualified for pell grants and other aid for the Fall term (although it hasnt started yet). Now Im wondering if in order to get aid for next summer, do I need to fill out the FAFSA renewal or the 2008-2009 FAFSA? When will I need to fill out the FAFSA renewal?
Ashlee said the pell grant doesnt pay for summer classes. I thought a friend told me that same thing a long time ago, however Im in summer classes right now and I have a federal pell grant paying for them.
- ANSWER:
  Speak with your Financial Aid Counselor. It really depends on when they need it. Renewing a FAFSA is usually going to cut out some steps, as it fills in information from the last one. Because I am attending online and we move, I just start from the beginning. It's easier for me. But if you just qualified this year, you shouldn't have need until next year when you are requalifying for your pell again. Do note: there are new grants available this year for students seeking to teach in high need areas. They are advertised on the FAFSA website. Always talk to your Financial Aid Counselor to see if there are scholaships that you qualify for.
  
  Best wishes on your endeavours.
QUESTION:
My mom still has not filled out the fafsa...do i even have a chance at a calgrant now?
I turned 19 yesterday and have been bugging my mom since DECEMBER to work on the fafsa renewal.
The problem is that my information is not saved on the computer and she says it has changed.
I do NOT know anything about my father's side (my mom does though).
I hardly even know anything about my mom's side of the family.
I filled out as much of the form as I could, but I simply do not know the answer to most questions and when I asked my mom she said she still had to figure out the answers.
The fafsa is due in March. I'm so depressed because I have begged her so many times to just fill it out -- or at least give me the information to do so.
Anyways...I got a Calgrant B this year.
Do I even have a chance at getting it renewed since she probably won't even submit it until the end of this month (if I'm lucky) or in March...
Thanks
- ANSWER:
  IMPORTANT!!!!
  
  If you have already been awarded a Cal Grant, it is automatically good for up to 8 semesters (or 4 years). The March 2 deadline applies to only new applicants. You mention that you already have been awarded a CalB for this year. All you have to do to renew your Cal Grant is refile your 09-10 FAFSA. The March 2 deadline does NOT apply to you because you have already been awarded the CalB.
  
  I REPEAT: THE MARCH 2 DEADLINE DOES NOT APPLY TO CURRENT CAL GRANT AWARDEES, ONLY NEW APPLICANTS.
  
  So please, stop being "depressed" over something that you are misinformed about. And in the future, if you find yourself getting so depressed over financial aid, save yourself some insanity and speak with a Financial Aid Counselor to ensure that you even have the proper information.
QUESTION:
I forgot my FAFSA PIN number after I completed filling the application, please help!?
Recently, I completed filling the renewal application of FAFSA online. After that, I forgot my PIN and I can't access to my record to see what I have filled (to make correction as necessary). I went back to my email and try to retreive the PIN number. But I failed to answer the challenge question too many times and my PIN has been deactivated.

I followed a link to make a new PIN. But when I used the new PIN to log into FAFSA, they said "Your PIN Has Not Been Verified With the Social Security Administration - Your PIN is considered to be conditional until your information is verified with the Social Security Administration (SSA). You may sign a 2008-2009 Free Application for Federal Student Aid (FAFSA) with it, but nothing else. Once we complete verification with the SSA (1-3 days), you will be able to use your PIN for other purposes. ".

Will everything be okay after they verified my new PIN?
Do I have to do anything else?

Thanks all
- ANSWER:
  No, all you should have to do it wait for it to be cleared. If you remember, when you first get your PIN, it takes them a little bit to issue it. They are just trying to make sure you and you before they give you access to that information. They should probably email you/notify you when the new PIN is activated.
  
  Hope this helps.
QUESTION:
My kids receive college financial aid. We sold our house. Will the cash we have now lessen their aid?
I am 90% done with filling our their renewal FAFSA forms. And will pick up tax return tomorrow. It feels like honesty is the best policy (state how much money you have in checking and savings) and let it play out. Will we be penalized or do they recognize that the prior home equity is the same as the money?
- ANSWER:
  It's best to list the total amount you have in cash and savings, unless you are planning on using that money to buy a new home (then youc an potentially list it as a planned future expense and funds that will not be avilable to you during that academic year). regardless, money that parents have in savings or investments don't necessarily count as harshly against the student for financial aid purposes as you might think. The government expects that much of your savings/checking funds will be utilized for living expenses or being saved for cost of living expenses in the future. So only a small percentage of what is listed as available in your accounts right now will be factored in as funds the student could potentially use towards college. Where you might take the biggest hit is if you had to list that payment as income on your tax return (which I'm not sure if you ahve to or not), but then your income will appear to be much higher than it would ahve been the year before. And if that is the case, speak to your college to take into consideration the special circumstance of a one time change in income.
QUESTION:
Are garnished wages included in my AGI?
For IRS/ Student financial aid purposes?
To meet deadlines, I'll probably file my renewal FAFSA at the end of the year before tax documents arrive. Not sure if the IRS will include that money "flushed down the toilet" to creditors as part of my income, I believe so, but let me know if I'm mistaken.

Thanks!

(This is a United States specific question.)
- ANSWER:
  Yes they are. Garnishment is your problem and you pay taxes on it. It's just like paying off a loan.
QUESTION:
FAFSA and switching states during a school term?
Unique situation here. I am from Florida, and went to my first year of college using FAFSA in 2008-2009. I did a web-renewal for the 2009-2010 term and it was approved - but I didn't have a chance to complete the process because I moved to California, and was unable to enroll in classes at my FL school.

Now that I am established in California, I would like to take Summer classes at a city college here in Los Angeles. I spoke to a representative of FAFSA and they said I could make corrections to my 2009-2010 form and see if the school accepts the forms for the Summer semester. The school accepts 2009-2010 forms until the end of June this year, so I would like to make corrections to my FAFSA form.

My question is this: beyond changing the school code, does anyone know if I also need to change my permanent mailing address to an address in California? I've always used my parents' house as a 'hub' of sorts for my more official mail, and am unsure if having my permanent mailing address listed in FL may confuse the process of me receiving aid in CA; other than time-sensitive issues that concern mailing forms from FL to CA, etc.

Any help would be appreciated by anyone knowledgeable of these types of things. Thanks!
- ANSWER:
  Adding a school code to your fafsa is not a correction. So be sure when you do it you click on "Add a school code" under the 3 on the http://fafsa.ed.gov website.
  
  It doesn't matter what address you put on your fafsa. You can change it, or not. It's just a place you get your mail. You have the opportunity to put in an email address and I would be sure THAT is something you access on a regular basis.
  
  Also, be prepaired to pay out of state tuition at that school in CA.
QUESTION:
FAFSA !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!?
HI, what should i do if i put in an email into the fafsa application for last year, that i dont currently have, will they send all of the renewal information to the wrong one? what is the best way to notify them as soon as possible, and have them send it to the right email adresss? i only have a few days till jan 1, and thats when i need to send it in.
thanks
- ANSWER:
  go to the fafsa website online and complete a new application or you can change information online. However if you don't have your code you will have to request it online and they will send it to an email address or by mail you get to choose. just go online to change it.
QUESTION:
FAFSA question...please answer.....?
I was going to do myu FAFSA for the 2009-2010 school year, but its says that i already did it. So i tried to see my status on the website and it says "renewal on web." What does that mean?
- ANSWER:
  It means that when it is time for you to do your next FAFSA (after Jan 1st, 2010 and after you have done your 2009 tax forms) then you can go to that location and they will automatically import all the info that doesn't change from year to year like your name and birth date and others from your old fafsa to your new one. YOu will only need to put in the updated income information.
QUESTION:
Fafsa trouble pissing me off?
I had filled FAFSA for 2007-2008 not trying to renew it I'm getting this BS after entering my name,SS# and password. I don't see an option for renewal there.Does anyone know what's up please? this is the last screen I'm getting:

Application On File

You already have an application on file.

* If you think you've entered incorrect information, select re-enter the student's information.
* If you want to check the status of your application, select check the status of the application.
* If you want to print a signature page, select print an additional copy of your signature page.
* If you want to make corrections to your processed application, select go to Corrections on the Web.
Ended up being Firefox's fault, not supported by FAFSA site. Problem solved using IE.
- ANSWER:
  Make sure you are selecting the correct year. You need to choose the 09-2010 fafsa from this screen:
  http://www.fafsa.ed.gov/before012.htm
  
  This is the newest fafsa that has been put online (it uses your 2008 taxes) and the one you should use if you are applying for financial aid for NEXT academic year. Otherwise it looks like you have already applied for financial aid (from what the message is saying) for the current 08-09 year.
  
  Hope this helps
QUESTION:
what do i do here?
do i need to file for taxes in the US?
ok last april-june i wouked full time and made roughly 3-4k

after that i started college and have been a fullt time student.

now the problem i have is wether or not to file my taxes and how will that affect my FAFSA renewal form. currently i have filled it out with my fathers info with me as a dependant but if i files taxes then i will no longer be a dependant right?

my current sisuation is i live with my father, i have no job yet, and i am a full time student.
- ANSWER:
  If you live with your father he can still claim you as a dependent. So when you file your tax return, you check off the box where it asks if someone else can claim you as a dependent and don't take the personal exemption for yourself.
  
  You don't actually have to file since you didn't make at least ,450, but if you had federal taxes withheld you're still entitled to that refund. And state as well, if applicable.
  
  Your tax return generally doesn't affect your student aid. It's not the tax withheld but the total wages you earned that they factor in.
QUESTION:
-10points-Question regarding to FAFSA?
There's a question in the renewal form for Financial Aid that I am doing.

10 Points for first helpful help.

"How much did your father/stepfather earn from working (wages, salaries, tips, etc.) in 2010?"

I want to know is this question above that asking the total amount of $ my dad earned from working in the "year" 2010 right? Or just one specific month?

For example. My dad make ,400 a month. Should I use 1400 time 12 and give that answer? which is 16,800.

I don't want to mess my eligible up by put some big crazy # amount of money...
- ANSWER:
  You can look at his final paycheck.
  
  Or you can choose will file for the tax question and then you use last years taxes to fill out the FAFSA. That is what you should do. Never wait for your taxes to get done. Choose will file, use 2009 taxes, answer all questions, submit. Then as soon as FAFSA is processed, within a couple weeks, when you log onto FAFSA it will say processed and there will be a choice to click make corrections. Do 2010 taxes as soon as you can, click make corrections as above, and put in the 2010 tax info and resubmit. Why? Because colleges are given limited funding for aid and if you wait you may miss out on some aid cuz it ran out or get less. http://bellarminearc.wordpress.com/2011/01/10/file-your-fafsa-early-this-year-and-heres-why/
QUESTION:
I need to be considered as an independent on fafsa 3?
I told her no SHE'S NOT PAYING A THING THERE AND NEITHER IS SHE PAYING ANYTHING HERE!!! She became angry and said because I wanted to "be grown" she refused to send the money to me from the refund check so that i may pay my rent. (THE MONEY FROM THE LOAN THAT IS COMING OUT OF MY POCKET!!!!!!) She already knows that I have just signed a lease renewal for 7 months (with her blessing up until i told her she could not stay over any time she pleased). The reason i could not get the Sallie mae loan was because my father was upset that i did not want them barging over anytime they wanted. So, to "teach me a lesson" he refused to cosign for the loan. I am not bound by any Paperwork to pay this loan, but I do so as to not ruin my parents' credit, i will need some assistance. I am responsible for paying 653 in rent, and electricity, not to
mention food, hygiene, books, class supplies,etc. (MY MOM REFUSED
TO ALLOW ME TO USE THE LEFTOVERS FROM THE REFUND CHECK FOR
SUPPLIES, BOOKS, OTHER SCHOOL RE
- ANSWER:
  Welcome to the world of adulthood.
  When my parents took out a loan to help pay for my school they used the leftover money to buy a recliner. I did not receive (nor did I ask) for a dime of it. They paid for my tuition and books and that was more then they had to. I worked two jobs in college to pay for my rent, utilities and Ramen noodles.
  Good Luck!!
QUESTION:
Is my mom trying to make me (a college student) move back in with her?!?
She gets mad when I mention that I am living with my boyfriend next year (I live in the dorms this year).
She keeps trying to persuade me to move back in with her (and even bring my boyfriend)...but she lives in the middle of nowhere...where my allergies are AWFUL and it is always damp....not to mention a couple hours away from my school.
She has been insulting my boyfriend and constantly guilt-tripping me for hanging out with him more than her. She even throws temper tantrums at him and me.
What really disturbs me is that since December I have been pleading with her to fill out the Fafsa renewal for me. I don't know half the information so I can't fill it out. It is due in March and is on a "first comes, first served" basis. I might not even get anything...and I need that money to pay for college.
I think she is trying to make it so i have no other option but live with her.
Maybe I'm paranoid though...so I need your guys' opinions?
Am I right...is she trying to force me to move in with her again?
Thanks ^^
- ANSWER:
  Well, that isn't the best attitude to have on your mother's end. She should be more understanding and she should see that you are getting a bit older now and its time she lets go. I think that you are right in saying that you think she is trying to "force" you in moving in with her.
  
  If I were you I would explain that to her.
  
  It is a possibility that she really does miss you and wants you to be home with her. But she shouldn't be greedy about the time that she DOES have. Explain to her by saying that you understand that she wants you to be with her, although, it IS time that you begin to find a home/ career/ husband/ etc. for yourself since your getting older.
  
  To get around all of the FASFA stuff - just go and get it yourself. Your mom should have any information about you in her house somewhere - so just go and get it. If not, ask a relative or your father - they should
  have some idea as to where to find it.
  
  The best thing to do is to just have a long talk with your mom. Maybe there are some things on her mind that she just isn't telling you about. So, try to talk it out of her. Explain to her what you want to do and why you think that moving back in isn't the best idea.
  
  Good luck! Hope this gave you some idea as to what to do!
QUESTION:
What is a EFC in California?
Hi, I am attending West LA college and started on september '08. It is my first time in college. Last year I was elegible for a Pell Grant and my EFC was 2701. I don't work, have one baby, my husband made 53,000 gross on 2008, this is the amount he will report on the taxes. I just submitted my Fafsa renewal for 2009-2010 and it gave me a EFC of 1802... Does this mean that I will get less money this year? Or I won't get any money at all? I attend school full time, sometimes only 9 units but no less than that. I really need the money for my books since what my husband makes is not enough, he has another kid and has to pay child support. I will appreciate any info. Thanks.
- ANSWER:
  EFC is "Expected Financial Contribution" meaning they think that you could pay 00 this year, but last year you could pay 00. This means you should have MORE financial aid.
QUESTION:
I need help applying for financial aid!?
Ok, so i'm on Fafsa.com as we speak. I entered my name and social security, but here's what comes up on the next page
"Select your preferred payment amount. Pricing varies based on a) whether you have filed a FAFSA previously (new or renewal) and b) the number of school years for which you wish to have your FAFSA completed.

. Payment Amount

Application Type School Years Price
New or first-time 1 .99
New or first-time 2 .99
New or first-time Until college graduation
(one flat fee) 9.99
Renewal 1 .99
Renewal 2 .99
Renewal Until college graduation
(one flat fee) 9.99"

I'm lost... =/ So does mean I have to pay to apply for financial aid. I really have no clue what I'm doing. Help would be appreciated greatly. I really want to get this done ASAP. I plan on starting in January.
- ANSWER:
  Your first problem is that you're not on the FAFSA website. fafsa.com is a commercial website owned by a company that will fill out the FAFSA for you, after you tell them all of your information. They charge you to do this.
  
  To fix this, I'd suggest going to fafsa.ed.gov, which is the *real* FAFSA website, owned and maintained by the US government. Fill out all the questions asked (especially the questions pertaining to your parents' incomes) and submit it. After that, you'll get an option either to sign electronically using a PIN, or to print out, sign, and mail in to the government a signature sheet. Either way works, use the one that you prefer.
  
  I hope this helps you before you pay 80 bucks for some company to screw you over.
  
  PS: Never, ever, ever pay for financial aid applications!
QUESTION:
When is the FAFSA (www.fafsa.ed.gov) renewal form for 2007-2008 due?
I heard that today was a certain deadline but I wasn't sure. If anyone knows anything about the FAFSA (www.fafsa.ed.gov) renewal form, let me know - Thanks
- ANSWER:
  Well it usually depends with what kind of college you're going to, but it is best to apply early, but the person who can answer that question is the school you will be attending.
QUESTION:
what do i do here?
do i need to file for taxes in the US?
ok last april-june i wouked full time and made roughly 3-4k

after that i started college and have been a fullt time student.

now the problem i have is wether or not to file my taxes and how will that affect my FAFSA renewal form. currently i have filled it out with my fathers info with me as a dependant but if i files taxes then i will no longer be a dependant right?

my current sisuation is i live with my father, i have no job yet, and i am a full time student.
- ANSWER:
  go to the financial aide departement at hte school u go to...they will have someone on staff that can answer these questions for u
QUESTION:
I need help applying for financial aid!?
Ok, so i'm on Fafsa.com as we speak. I entered my name and social security, but here's what comes up on the next page
"Select your preferred payment amount. Pricing varies based on a) whether you have filed a FAFSA previously (new or renewal) and b) the number of school years for which you wish to have your FAFSA completed.

. Payment Amount

Application Type School Years Price
New or first-time 1 .99
New or first-time 2 .99
New or first-time Until college graduation
(one flat fee) 9.99
Renewal 1 .99
Renewal 2 .99
Renewal Until college graduation
(one flat fee) 9.99"

I'm lost... =/ So does mean I have to pay to apply for financial aid. I really have no clue what I'm doing. Help would be appreciated greatly. I really want to get this done ASAP. I plan on starting in January.
Woah. Ok, so i'm apparently on the wrong website... Thanks a lot guys.
- ANSWER:
  Glad u found the right web site,financial aid is confusing enough!

Colleges Scholarships

September 30, 2011 - Posted in Uncategorized - Permalink

President Obama envisions a bright future for his country, a future where he finds all his citizens are aptly educated and are able to find well-qualified jobs for themselves. He sees the conditions of the mothers who are not properly educated and struggle a lot between 2-3 jobs so as to provide good living conditions to their children. What is the point of juggling at petty jobs when the mothers are unable to save even a dime for future? Their life just passes off in such chaos and the future looks bleaker than ever. Obama having realized this situation earnestly wants to improve the lives of the mothers and have started various grants for mothers who want to return to college and continue with their education.

The life of a mother is difficult to comprehend. Their huge responsibilities and money constraint does not allow them to pursue their idea of getting educated. The federal government has understood the needs of a mother and has started abundant grants and scholarships for the mothers. For 2010-2011, - billion has been allotted for federal and state grants separately. The federal grants are very simple and easy to apply nowadays. To apply for federal grants, there is the Free Application for Federal Student Aid known as FAFSA, which is an online application centre. The interested student while applying in FAFSA should also submit the past year's tax payments too.

One of the major federal grants which are helping out mothers in providing education is the Pell Grants. The Pell Grant is awarded to an eligible student of a low-income household who is in dire need of the finances to continue their education. Under Obama's government the Pell Grants have been revised from 10 to 00 which is a significant increase. Also, it has been said that for the academic year of 2010-2011, billion has been allocated for Pell Grants. Federal Supplemental Educational Opportunity Grant (FSEOG), Academic Competitiveness Grant (ACG), National SMART Grant and TEACH Grant are the other federal grants which are serving the same purpose.

We have another prospect of financial aid to the mothers by the American Opportunity Tax Credit Program. This program claims to consider the ,000 required for any higher education as free, for almost all the U.S citizens. Obama's 'Mom's Return to School Government Grant Scholarship' (MRSGGS) is a direct message to all the mothers out there who intend to finish their education but time and money is not favorable to them. The federal grants have been so advanced now that if the paperwork is approved, then the entire educational expenses would be funded by them. Time too becomes constructive under this program which understands the time constraint of the mothers and has provided online education programs through which the mothers can study at their own convenience.

President Obama points out that the economy is at one of its lowest now, but then if this time is chalked out for education, then the problems of underemployment and unemployment could be taken care of in a better manner. Hence, that is why President Obama is providing grants for mothers who really intend to return to colleges.

Financial Scholarships

September 30, 2011 - Posted in Uncategorized - Permalink

You do not need to dig into your pockets that are already very empty to pay for you schooling. You do not need to take out huge student loans to pay the bills that going back to school will entail. There are other options that can help you get money you never have to pay back. If you know how to get scholarships you will not have to pay a dime for your college education.

There are many free money options for college and some of them you can find out about by going to your financial aid department and just asking them. They have information on grants, student loans, work study programs, and scholarships that you can get to help you with the cost of getting your degree. Just ask them what you need to do and they will point you in the right direction.

When you want to know how to get scholarships you have to understand that you have many options out there. There are a ton of scholarships that go unclaimed each year and you need to find any that will possibly give you free money for school. They are all over the internet and they are really not that hard to find.

Now, the way to learn how to get scholarships is to treat it like the lottery. If you just buy one lottery ticket, then you only have one chance of winning, but if you buy 100 lottery tickets you have 100 chances to win money. Just like if you only apply for 1 scholarship compared to applying for 100. Give yourself the best chance and apply for as many scholarships as you can find.

Frequently Asked Questions

QUESTION:
Can I get Tuition Reimbursement and financial or scholarships at the same time?
Hi. My current employer will pay 10,000 dollars a year for me to go to grad school which should completely cover the cost of books, classes, and anything else i would have to pay for. Is it legal for me to also apply for financial aid or scholarships and just pocket that money? Thanks.
- ANSWER:
  No. If you are on a tuition reimbursement or similar employer-paid plan, all funds must be fully disclosed in any application for financial aid, student loans, scholarships or other funds. Usually, with tuition reimbursement plans, you are not eligible for any financial aid since you have funds for your tuition, and possibly other school expenses as well. Failure to disclose constitutes fraud. At the very least you'd have to repay all funds with interest. If they want to prosecute, they probably could. Do you want to go to grad school or jail?
  
  Besides, with your job plus tuition reimbursement, you have no need of funds. And there are a lot of people who cannot find work & need to go to school to upgrade their skills to have even a prayer of finding a job. Don't take this from someone who quite desperately needs it when you are not in need. Scholarships and all other forms of financial aid are in hideously short supply.
QUESTION:
Are there any types of scholarships, financial aid, or fee waivers for summer courses you take at a college?
I am a high school student who would like to take on more challenging courses next year, and I would like to take some summer courses in the classes that I would like to knock out. However, I realized they're far over my financial capabilities. Are there any types of financial help I can get besides getting a job? I already have one, but it doesn't pay much and I don't have too much time to spare to get another one. Does anyone know if they offer scholarships or financial aid for these summer courses?
- ANSWER:
  Yes, you can apply for financial aid or scholarships at any time. When you apply you mark down what semister you are applying for, just put down summer. Talk to the college you plan on attending they will steer you in the right directon. You might have to take a certin amount of credits to obtain financial aid or a scholarship, but it's usually like 2 classes.
QUESTION:
What do colleges use your social security number for? I am paying for school, no financial aid/scholarships.?
I am paying for it myself. I have the money saved. I am not applying for financial aid or any scholarships. I am just curious what they use it for. My parents told me to always be careful with it.
- ANSWER:
  to put it simply... you don't get in if you don't use it. it is for identification purposes.
QUESTION:
does NYU offer any financial aid/scholarships to international students?
NYU looks great but i would definitely need financial aid. also could you help me with top colleges in U.S which offer financial aid/scholarships to international students?
- ANSWER:
  All colleges off financial aid to the students they feel deserve it the most. If you are a good student, you will probably get some amount of financial aid.
QUESTION:
Scholarships/ Financial aid for an international student?
I'm living in the U.S. and would like to attend McGill University. I'm wondering what types of scholarships and financial aid is available for me? All of the scholarship databases I could find are only for U.S. colleges.
- ANSWER:
  If you are an American citizen you can possibly obtain US Federal financial aid to attend McGill, but you may be limited to student loans, depending on whether or not McGill is approved for Pell Grant. File the FAFSA and see if McGill is listed as an eligible college. Then contact McGill and ask them what US financial aid is available there. If you are not a US citizen or permanent resident alien, you may need to seek aid from your home country. Scholarships are possible, although it is quite late for fall 2009. Go to www.fastweb.com to do your own scholarship search for free.
QUESTION:
What Financial Aid, Scholarships, Tuition-Free Colleges are there around the world?
What are the Financial Aid, Scholarships, and Tuition-Free colleges available for students around the world?
- ANSWER:
  United States:
  
  A) Need-blind Colleges
  
  1) Amherst College
  2) Dartmouth College
  3) Harvard University
  4) Massachusetts Institute of Technology (MIT)
  5) Princeton University
  6) Yale University
  
  B) Generous Need-sensitive Colleges
  
  1) Williams College
  2) Middlebury College
  3) Swarthmore College
  4) Vassar College
  5) Vanderbilt University
  
  C) Merit-based Scholarships from Colleges
  
  1) Wesleyan University. Freeman Asian Scholars program for 11 Asian students which covers full tuition for four years.
  2) University of Richmond. Full tuition scholarships to up to 12 Science Scholars, 20 Boatwright Scholars, 6 Artist Scholars, 7 Oldham Scholars (this includes room and board)
  3) University of Southern California (USC) - 100 full tuition scholarships and more than 200 half tuition scholarships
  4) University of North Carolina at Chapel Hill (UNC) - 70 Johnston Scholarships for entering freshmen
  5) Washington and Lee University (W&L) - Johnson Scholarships
  
  D) Tuition-Free Colleges
  
  1) Berea College. Preference for students from low-income families.
  2) The Cooper Union. Requires a U.S. mailing address to apply.
  
  Australia:
  
  -- Government Scholarships --
  Australian Development Scholarships (ADS)
  (Website: http://www.ausaid.gov.au)
  
  Singapore:
  -- University Scholarships --
  There are three public universities in Singapore – National University of Singapore (NUS), Nanyang Technological University (NTU), and Singapore Management University (SMU). There are in total 12! different scholarships across the 3 universities that cover up to full tuition costs and benefits. International students have to compete with local students for such places and interviews may be required. Also, as part of the Tuition Grant Scheme, non-Singaporean students of the three public universities have to work in Singapore for three years upon graduation.
  
  Japan:
  
  -- Government Scholarships --
  Japanese Government Scholarship (Monbukagakusho – MEXT)
  (Website: http://www.studyjapan.go.jp)
  
  China:
  
  -- Government Scholarships --
  Chinese Government Scholarship Scheme
  (Website: http://en.csc.edu.cn)
  
  South Korea:
  
  -- Government Scholarships --
  Korean Government Scholarship Program for International Students for an Undergraduate Course
  (Website: http://www.niied.go.kr)
  
  Denmark:
  
  -- Government Scholarships --
  Danish Ministry of Education Scholarship Scheme
  (Website: http://studyindenmark.dk)
QUESTION:
Financial aid/scholarships for flight school?
I'm a non pilot, but I plan on attending private flying lessons (11k) to qualify for a batchelors as a professional pilot. Does anyone know if financial aid can help with this out of the ordinary career option? I know scholarships are usually very specific also.
- ANSWER:
  Financial Aid will only work if you go through a accredated program and then will only work for ground school. All actuall flight time and aircraft and fuel rentals as well as instructor costs will come out of your own pocket. Best bet is to get a scholarship through AOPA.
QUESTION:
Concerns about scholarships and financial aid, am a senior in high school this year?
I am a senior in high school this year, and applications for colleges start soon. I have no knowledge of scholarships or financial aid whatsoever. Where should I begin looking into these things? When should I start applying for scholarships or financial aid? Is it too late?
- ANSWER:
  http://studentaid.ed.gov/PORTALSWebApp/students/english/timeline.jsp?tab=applying
  You should begin in your guidance counselors office.
  You will need to fill out the FAFSA and please do it online, much faster results! http://www.google.com/#hl=en&source=hp&q=FAFSA&aq=f&aqi=&aql=&oq=&gs_rfai=&pbx=1&fp=ad526d12389e3c08 It is the Free Application for Federal Student Aid. To get the most aid do this FAFSA January 1 of the year you will go to college. You use yours and yours parents taxes. Most people dont get their taxes done right away because they have to wait for the W2s from their employer so you can use the previous years taxes and do the fafsa as an estimate and then submit it. Then as soon as you get your taxes done go back on the FAFSA home page above in #3 where it says make corrections and put in the actual tax numbers for that year. For example, my daughter is going Fall 2010. January 1 2010 we did an estimate FAFSA using our 2008 taxes. When we got our 2009 taxes done early in 2010 we went on the FAFSA and made the corrections.
  First understand what financial aid is. It does not mean that your college will be paid in full. Aid means to help and support and that is what the govt does it helps you get your education and that is based on your financial need which they determine the information on your FAFSA you submit. A very poor person may get their whole education paid but most people dont fall in that category. The govt aids you by offering you any federal and state grants (these dont get paid back, federal loans like stafford subsidized and unsubsidized, Parent Plus (these need to be paid back, and Federal Work Study. Stafford loans are paid back by the student but they have great inteest rates that are fixed and you can pay them back after you graduate but there are terms http://www.slfc.com/payingstaffordpayback.html. Subsidize is offered by financial need and unsubsizides is not, most student can get this. There is no credit check. Parent Plus loans get paid back by the parent and these go by their credit. Federal Work study http://www2.ed.gov/programs/fws/index.html
  So you do the FAFSA. The govt will process it to find our your financial need and this will generate an EFC estimatede family contribution. This is the amount of money based on your financial picture you and your family should be able to pay toward your education. So if your EFC is 30,000 its likely you wont get any financial aid. The less the number the more you get offered in financial aid. So they put this EFC and a recap of your FAFSA in a report called the SAR student aid report. and this will be ready 2-3 weeks after you do the FAFSA, you will get an email or you can check on the FAFSA home page column 3 where you can view and print it. The govt will send this SAR to every college you listed on the FAFSA and you can add schools if you decide to and you can see that on the FAFSA website. By now you will have already applied for those schools you were interested in. The ones who want to admit you will offer you a financial award which is a total of all the grants and loans and work study you qualify for. You can look at all the awards from the colleges and pick the best one, they will be different. Some colleges even have their own grants they offer. We you decide on one you then have to accept and deny which ones you want. So what you will need to do is do a projected cost of attenndance for the school because the financial aid budget they give is usually a high estimate. Most college websites have a projected cost worksheet like this. http://www.uwp.edu/departments/financial.aid/documents/10.11PROJECTEDCOSTSSHEET_000.pdf
  If not do your own and call the college to see the actual costs. This way you will see the amount of grants and loans you need. Then you accept and deny which one syou want. You can take a lower amount of loans if you need to but not higher. When you acecept staffords everyone has to do entrance counseling which is online reading about the loan so you know what it is and the terms and there are some multiple choice questions that you can get wrong but then try again until you get it just so you learn the right answers and then when you finish that in like 45 minutes it take you sign up for a MPN master promissory note which is another name for the contract to repay the loan by the terms it says. You may not need all the grants and loans if you get scholarships. If the aid is not enough you need a private loan like from a bank etc, or your parent does.
  
  Helpful sites to learn about financial aid: http://studentaid.ed.gov/PORTALSWebApp/students/english/index.jsp
  http://www.finaid.org/
  scholarships.http://www.fastweb.com/ sign up and they send you any new scholarships that become available for you.
  http://www.finaid.org/scholarships/
QUESTION:
How does Financial Aid and Scholarships work?
So lets say i'm going to college. I dont have much help from my parents with money, but what if I apply for scholarships and financial aid? Will those help me for my college? I want to be a nurse and Ill attend a university and work part time jobs and living in an apartment. Would I have a lot debts to pay back? My gpa is 3.5 at the moment. How much would scholarships and financial aid each pay?
- ANSWER:
QUESTION:
How much would college cost if I had scholarships or financial aid?
I am going to go to college and its 00 a semester. If I had basic scholarships and financial aid, and my gpa is 3.5, how much would I pay a semester?
- ANSWER:
QUESTION:
When should i start researching scholarships and financial aid ?
I'm a junior in highschool, and I'm looking for scholarships and financial aid already...but I keep getting confused because of all the "deadlines" that I don't have to worry about and it's really messing with my research.

I'm already looking for majors and colleges, when should I start properly looking for Scholarships and Financial Aid.
- ANSWER:
  Look for scholarships now. Find out what the scholarship is about (they don't give money to everyone that asks). Is it about academics? Volunteerism? A certain ethnic group? Is it one year or four years? What exactly do they expect out of you? Decide if that scholarship's goals and criteria match you. If it does, keep information about that scholarship (bookmark the link, keep the pamphlet in a safe place). During this summer/beginning of your senior year, go back to that scholarship and apply.
QUESTION:
How hard is it to get scholarships and financial aid to a school in NYC?
Hi, I'm a junior in high school and am constantly thinking about college. I really want to end up in New York somehow, but I live in Florida right now. If I did get into a school there, I would have to get financial aid and scholarships because my parents just can't afford that much.
Anyone have any great advice?
- ANSWER:
  I don't know much information about NYC.
  
  But I would defiantly suggest you to CalUniversity.edu, which offers distance learning programs, admission’s counselors will make your education experience smoother and easier than you ever thought possible. You can take up any of the new courses among several Masters and Doctorate programs available.
  
  CalUniversity.edu now proudly announces the “California InterContinental University 2009 Scholarship Prize Essay Contest” which offers the winner a fee waiver of 00 on registering for a course at CalU. Since, every participant is a winner and it was decided to offer a fee waiver of 00 for every unique participant.
QUESTION:
How do you demonstrate financial need for scholarships?
on students awards most of the scholarships require financial need, how do i show it?
- ANSWER:
  The only way to do that is with your tax return or pay check stubs. Or if you are at home then your parents tax return or pay check stubs.
QUESTION:
Where can I find financial aid/scholarships for art students?
I am going to art school in the fall and would like to know if there are any scholarships or financial aid organizations that give away money based on art portfolios?
- ANSWER:
  Some friends of mine in college told me that they have valuable information regarding scholarships from this place.
  Good luck
QUESTION:
Where do you find scholarships or "free money" for college besides pell grant and financial aid?
I have already received the pell grant and financial aid but apparently its not enough to put my through next semester! I am supposed to graduate in spring and I have good grades. Where do I find REAL scholarships and financial assistance without taking out a loan?
- ANSWER:
  Lafango is currently hosting two scholarship contests
  
  http://lafango.com/gogreen-essay-contest
  http://lafango.com/school-photo-contest
  
  Hope this helps!
QUESTION:
How can I pay for a post grad academy that does not provide financial aid or scholarships?
I'm tryin to go to Milford academy, but they don't give scholarships or financial aid and I'm from a low income home.
- ANSWER:
  some companies offer college tuition reimbursement - you could try to find a job at a company that might help pay for some or all of your tuition. if that doesn't work out - there's always student loans.
QUESTION:
Do colleges give scholarships and financial aid separately?
I just received my scholarship information that I will receive ,000 dollars a year from the college. Will I receive a separate amount of money as financial aid from the FAFSA I completed or is that scholarship the only one I will receive from the college? So basically, are college scholarships separate from the FAFSA form?
- ANSWER:
  It completely depends on the school. I've worked at two different schools, and each school handled it totally differently. My best guess would be that, unless you are attending a very inexpensive school, you should be receiving another financial aid package later on. At the least, most students are eligible for some Stafford Loan funds. If you have any questions, always feel free to call your school's financial aid office.
QUESTION:
Need based financial aid and scholarships for international students?
Which universities offer need based scholarships & financial aid for INTERNATIONAL STUDENTS in the following states:
1) NY
2) MA
3) PA
4) NJ
- ANSWER:
  NY and MA
  
  http://free-college-scholarship.com
QUESTION:
Fashion institute of Technology financial aid and scholarships?
is it expensive if you're not a NY resident? I live in Rhode Island and i want to know if i can get a substantial amount of financial aid/scholarships to go there even if I don't live in NY.
- ANSWER:
  CURRENT TUITION
  
  Associate-level in-state residents:
  46.00 / semester
  
  Associate-level out-of-state residents:
  38.00 / semester
  
  Baccalaureate-level in-state residents:
  83.50 / semester
  
  Baccalaureate-level out-of-state residents:
  70.00 / semester
  
  Graduate-level in-state residents:
  22.50 / semester
  
  Graduate-level out-of-state residents:
  33.00 / semester
  
  You can apply for financial aid to attend FIT at www.fafsa.ed.gov
QUESTION:
Can I use Scholarships or Financial Aid for Online Courses?
I want to take an online course and at the end of it I'd have certification and everything, so i wouldn't be taking anymore classes. I was just wondering if you can use Scholarships or Financial Aid for that.
- ANSWER:
  aid is for ppl in financial need- they will let you know if you or your parents make too much.
  if you read them really close- a few scholarships are more like contests. you don't hafta be in school at all. shop around at these 2 webs:
QUESTION:
What are some steps I should take to receive Financial Aid and Scholarships in Long Island, New York?
What are the first steps I should take to recieve Federal and State Financial Aid. Also I am a strong student, what are some good scholarships to apply for? If it helps my nationalities are Italian, Sicilian, Irish, Spanish, Cuban, French and Portugese.
- ANSWER:
  fill out lots of forms
QUESTION:
Financial aid or scholarships for students who want to study in UK?
Does anyone know a website where I can get information on various forms of financial aid or scholarships available for students who are eager to study in UK? I'm from Romania, and am about to finish university ( Communication and public relations) Thanks.
- ANSWER:
  Lafango is currently hosting an international scholarship essay contest:
  
  http://lafango.com/gogreen-essay-contest
  
  Good Luck!
QUESTION:
What are the best financial aid (grants, scholarships, fafsa stuff, blah) sites?
I am a junior in high school but planing to go for early admission so im just getting these things out of the way. I just want to know efficient websites that will get me scholarships, grants, and other financial aid.
- ANSWER:
  i need the same as you, same boat
QUESTION:
Will writing a letter to the University help me get more financial aid or scholarships?
I am the only one working in my family now and only have a year left at college. Will writing them a letter explaining my situation help me get more financial aid or scholarships?
- ANSWER:
  Yeah it will. Make sure you emphasize the money issues and hand write it. Send it to your financial advisor. Then he/she will forward it to their boss. Since it is your last year they will probably help you more.
  
  I did the same thing I never got aid, this past year I couldn't get a loan for the whole amount so they made up the difference. They don't want you to have to drop out after completing 3 years.
QUESTION:
How do you apply for financial aid and scholarships?
where and how do you apply for financial aid and other support for college?
where can you find and how to apply for scholarships?
please tell me everything i need to know about financial aid and scholarships, i am a junior now.
- ANSWER:
  Now is the perfect time to start thinking about what you want to major in, and research schools that might meet your needs. You will start your financial aid process with a FAFSA, or Free Application for Federal Student Aid. The official FAFSA for 2012 - 2013 will be available around November 2011, and you can submit as early as January 1, 2012.
  
  The FAFSA helps you qualify for all sorts of financial aid, including scholarships and grants, and student loans.
  
  For more information, see the link below.
QUESTION:
Where can I find scholarships/financial aids for international students studying in Australia?
I'm an international student going to start my University education in Medical Science. Its a Bachelor's degree program of 3-4 years. Where can I get help of my financial problems?
- ANSWER:
  G'day,
  
  You can visit www.ausaid.gov.au for Australian government scholarship programs.
  
  Good luck and welcome to Australia
QUESTION:
How can I find scholarships/financial aid if i'm graduating in arkansas but going to college in Tennessee?
I'm graduating high school in arkansas but I'm going to try and go to college in Memphis Tennessee. The only thing is when I search for scholarships most of the websites given to me is for arkansas universities.
- ANSWER:
  http://www.getcollege funding is a --non profit-- organization that can help you get funding for college. They have information --free on their website. They are legitimate and will counsel you for 1 hour free over the phone if you are not in California.
QUESTION:
If I receive financial aid and scholarships, how do I report that to the school I'm attending?
And also, What if I get a total of financial aid and scholarships that exceed the tuition fee for the school I'll be attending.
- ANSWER:
  You call the schools fin aid office and tell them what scholarships you are receiving and for how much. It is okay to get more scholarships and aid that the total cost of tuition and fees.... no big deal. You are a lucky person!!
QUESTION:
Where can i find a list for international fine arts faculties , which offer scholarships and financial aid?
i need a list of all international fine arts faculties or universities to apply for a full scholarship or financial aid or even a work while studying for international students , in Europe , Australia , Canada , New Zealand , Russia , Scandinavian countries , that's so important for my future .
- ANSWER:
  G'day,
  
  For List of Australian uni offering Fine Arts for int. students, check the link below.
  
  For Australian Government scholarship program, check www.ausaid.gov.au.
  
  Hope this helps. Good luck on your research.
QUESTION:
What is documented financial need exactly (scholarships)?
I'm going to college and have been checking out some scholarships because I'm having a pretty rough time paying for school and living expenses. I've noticed some scholarships detail saying 'documented financial need' or 'demonstrated financial need' for the requirements. I understand what it means but I'm curious as to what kind of documentation they would be looking for exactly? Thanks.
- ANSWER:
  Most colleges/universities look at your FAFSA (Free Application for Federal Student Aid, www.fafsa.ed.gov). You put your tax and income information into the form and it calculates your "expected family contribution" (EFC). Any cost of attendence above that is your financial need. Although it opens up availability to federal financial aid, it is also what schools typically use to determine need for scholarships and grants.
QUESTION:
Can you get financial aid. Scholarships for a private high school?
is it too late? What do you need to get into a private high school? Like Marlborough. I know the ISEE (Independent School Entrance Exam) but what else? also is it too late to take that test in California if not, do you know where I could take it no matter the price. Can you get financial aid/ Scholarships for a private high school?
- ANSWER:
  You can't get any financial aid or scholarships for high school, private or not. Scholarships and F.A. is only available for college.
QUESTION:
Will I be able to get scholarships/ financial aid without having "extra curricular activities?"?
I never got involved in school or the community. I instead had a job. And I'm not a "minority"- Which seems to be all scholarship requirements are.. And I'm afraid I won't be able to get much financial aid. Will this be possible?? Does anyone have suggestions?
- ANSWER:
  Try Scholarships.com. Fill out a profile and see what you get.
  
  Scholarships.com matches your profile info to the scholarships in their database. So if you are not a minority and didn't volunteer or get involved in school, then maybe you can find a scholarship based on the company you worked for (like Wal-mart or Burger King - for example) or because you like to draw in your spare time. Basically, you have a better chance at finding a lot of scholarships if you were active in school and have a good GPA...BUT there are scholarships for those who don't fit those criteria.
  
  Do you have 10 friends? Well, try Scholarships.com "Tell A Friend" scholarship. You don't need to have any special criteria for that one.
  
  Good Luck!
QUESTION:
Anyone know of any colleges which give scholarships/financial aid to international students very generously?
im a pretty good student, top 5% in class..but have mediocre SAT scores (1980). I have really good extra curriculars..represented my country for the world robotics olympiad,social work, and loads of other stuff. Can someone please advise me where to apply if im looking to major somewhere on the lines of biomedical engineering, biotechnology etc. I need financial aids or scholarships, which are hard to come by as i am from india. Thank you in advance
- ANSWER:
  About 25% of the cost is all you can get and only at private schools. And only for academically gifted students.
QUESTION:
How can I get financial aid/scholarships for a summer session at a college as a high school student?
I want to go to a college summer program but I am in high school and cannot afford it. Is there any scholarships out there that will pay for this kind of experience?
- ANSWER:
  Some colleges have this sort of funding available, and some do not, so you need to go to the financial aid office and ask!
QUESTION:
College 1099 form-financial aide, scholarships, and student loans?
I attended college and worked full time last year. I know I am going to receive a form from the college because I pulled student loans received scholarships, and financial aide will that effect my refund? I also am still attending college, so I know I won't pay back interest. Just wondering if my refund will be less then last yr. Also throughout the yr I claimed 0, and have myself and daughter to claim. She's 1 if that matters. Can someone help me?
Thanks
- ANSWER:
  Assuming that you support yourself, the college 1099-T will help you determine how much in education credits you are eligible to receive. In general, your qualified education expenses are reduced by scholarships and grants. This number is then used to compute your tax credit. The only effect loans have is student loan interest shown on form 1098-E is deducted on the front page of your tax return.
QUESTION:
What does "disbursed" mean in regards to scholarships/financial aid?
several of my scholarships/grants for college have been listed as "disbursed". does that mean that a check will be coming to house or does it mean that the tuition for the semester is paid for?
- ANSWER:
  It means that the money has been paid out. It could be that it has been paid out to you- you'll be receiving a check shortly, OR, it could mean that all the Scholarship money has been paid out to others and there is no more left, in which case YOU may not be receiving any money. It depends on the context of the way it is written.
QUESTION:
I have no green card - can I still apply for scholarships/financial aid?
I have no green card, but I have a social security card. I'm not illegal. I really don't know about these things and how they work, because my dad handles all of it. But he doesn't know if I can apply for scholarships or financial aid either. Can I?
Oh someone just told me that I can apply, but I won't be able to get anything. Is this true?
- ANSWER:
  You need to figure out what your status is. Are you a citizen or what? Are you a dependent to a parent with a visa? How can you manage to go to college but aren't smart enough to learn about your status?
  
  Whether you can apply for anything will depend on the conditions of the scholarship (e.g. is it limited to US citizen or can anybody apply) and whether your status matches those conditions...
  
  If you are neither citizen nor greencard holder you won't be able to get financial aid. And Prairiegrassland is right, you probably could get privately funded scholarship, but not governmental ones.
  
  Though you should really figure out under what conditions you are in the US. If you don't know the law, how can you keep from breaking it? And ignorance has never been a good excuse if you get caught breaking it...
QUESTION:
What is your biggest frustration with searching for scholarships / financial aid online?
I always get annoyed with scholarship sites that don't show requirements up front. Those profile sites can get tedious also. What do you think?
- ANSWER:
  my biggest frustration is spending numerous hours searching multiple websites and writing multiple essays knowing that the chances of me getting the actual scholarship, are very slim.
QUESTION:
Will applying for scholarships affect my financial aid?
I'm in high school, and I am already starting to search for scholarships. However, I was wondering if I obtain some scholarships, would that affect the amount of financial aid money I'll be getting? Or would I even be able to get financial aid?
- ANSWER:
  Scholarships are financial aid. Financial aid includes scholarships, grants and loans.
  
  Unless you receive a huge amount in private scholarships, it likely won't affect your eligibility for the Pell Grant or loans through the federal loan system because these have limits which usually don't cover the entire cost of your college education. Your school calculates a "Cost of Attendance" figure which includes tuition, fees, books, supplies, living and transportation expenses.
  
  Whether or not you qualify for any need based financial aid depends on you family's income, assets, household size and the school you choose to attend....among other things. There's no way to know for sure what you'll qualify for. Here's a link to a financial aid estimator that will help some, but it's only an estimate.
  
  http://www.fafsa4caster.ed.gov/F4CApp/index/index.jsf
QUESTION:
where can i find a list for international fine arts faculties , which offer scholarships and financial aid?
i need a list of all international fine arts faculties or universities to apply for a full scholarship or financial aid or even a work while studying for international students , in Europe , Australia , Canada , New Zealand , Russia , Scandinavian countries , that's so important for my future .
- ANSWER:
  G'day,
  
  Please visit www.ausaid.gov.au for Australian government scholarship programs. They can then find the uni that offer the course you want to study in.
  
  Hope this helps. Good luck on your study.
QUESTION:
Any other financial aids or guaranteed scholarships besides fafsa?
I have already completed my fafsa, not eligable for cal grant because my gpa is a 2.5, and desperatly need more financial aid. I need more need based scholarships, my mother's a single parent with a very low income.
- ANSWER:
  Clarification: The FAFSA (Free Application For Student Aid) is just an application. FAFSA does not make any offers of financial aid. The inforfrom your FAFSA application is what the college/univ. financial aid staff at the schools to which you have applied use to help them determine what amount and form (loans, scholarships, grants) of financial aid they will offer you.
  
  1. If you have heard from the colleges/universities to which you have applied regarding the amount and type of financial aid they are offering you, I recommend you talk (via telephone or in-person) with the financial aid advisers at those schools and ask about any other financial aid options they can recommend.
  
  2. For many scholarships for Fall 2011, for which you might be able to apply, the application deadlines have passed, unfortunately.
  
  3. This is a link to a March 2011 article from the well-respected US News and World Report listing some scholarships with application deadlines that may not have passed:
  http://www.usnews.com/education/blogs/the-scholarship-coach/2011/03/31/8-scholarships-for-procrastinators-and-overachievers
  
  4. You may also be able to find some scholarships for which you can apply, and for which the application deadline has not passed, by using the Scholarship Search database of the well-respected College Board:
  http://apps.collegeboard.com/cbsearch_ss/welcome.jsp
  If you wish to save your search strategy and return to it later, you can register (for free) without worry of receiving a lot of spam messages.
  
  5. Like my local public library, your public library may subscribe to a database that you can access from your home computer through the library web pages, with your valid library card: GrantSelect.
  I suggest you telephone your local public library and ask if it subscribes to the GrantSelect database and how you can access it.
  
  Keep in mind that many, many, many students are looking for and applying for scholarships and grants. Being awarded one, is getting more difficult. Also, sometimes the amounts awarded are smaller than expected (or desired.) There is only so much money in the form of financial aid to go around. The more people who apply and qualify often means smaller award amounts.
  
  Best wishes
QUESTION:
Where is the best place to apply for financial aid scholarships and grants besides FAFSA?
I did the FAFSA thing, my EFC is 6113 and my tuition this semester isn't even that much, does that mean I'm not getting any help from them? I'm also looking for any website or other place I can apply or talk to someone about applying for grants and/or scholarships. I'm worried I won't the money by the time tuition is due in a month!
- ANSWER:
  Well, as far as I know, or at least at my college, the FAFSA is the only application because it applies you for the Pell Grant, Cal Grant (if your a CA resident and its before the deadline), the SEOG, and anything else out there.
  
  I did use a couple different websites to help search for scholarships and other grants.
  
  www.collegeboard.com (there's also lots of other good stuff there)
  
  and www.fastweb.com
  
  Good luck and hope that helps! Feel free to email if you have any more q's!
QUESTION:
Are scholarships/financial aid available to Africans to go to a college in Canada?
I have a female african friend that wants to go to a college in Canada. Right now the process to apply is overwhelming and confusing to say the least. There are also many factors to consider. any help from someone that has done this would be appreciated.
- ANSWER:
  You must have been accepted by a school, college, university or other educational institution in Canada.
  You must prove that you have enough money to pay for your:
  tuition fees;
  living expenses for yourself and any family members who come with you to Canada; and
  return transportation for yourself and any family members who come with you to Canada.
  You must be a law-abiding citizen with no criminal record and not be a risk to the security of Canada. You may have to provide a police certificate.
  You must be in good health and willing to complete a medical examination, if necessary.
  You must satisfy an immigration officer that you will leave Canada when you have completed your studies.
QUESTION:
Is it alot harder to get scholarships/financial aid when you're married?
I heard this, is it true? Is it harder to get scholarships once you're married?
- ANSWER:
  Only in the fact that your spouse's income counts toward your EFC (expected family contribution). If your spouse does not work or does not make a lot of money, it may actually help (kind of like the way having kids helps on your taxes). try filling out the FAFSA online. If it tells you your EFC is zero, you should get lots of help. Usually, the higher the EFC, the less aid you will get but there are other factors, like cost of the school, etc.
QUESTION:
When to apply for financial aid/scholarships?
I applied to four private colleges, and I'm wondering when I should apply for financial aid or a scholarship. I thought I should wait to see if I even get in before applying for this.
- ANSWER:
QUESTION:
I need assistance with financial aid/scholarships, what are my options?
My son will be a senior this fall (in high school) and I would like to start applying for financial aid for college.

He is a talented basketball player and artist so he is also interested in financial aid as well as scholarships for Art schools as well.

Whatever detailed information you can provide me with, I'd very much appreciate it.

I just want to get a jump start on things if possible.

Thank you all.
- ANSWER:
  Look online for sites like www.fastweb.com, I know there's more but I can't remember the names. Also make sure you fill out the FAFSA forms. They will help a lot too.
  
  Encourage him to do community service as well. I got my biggest scholarship (,000 to be used over 4 years) because of all the service I did. It also looks GREAT on his applications because he would look like a good, well-rounded person.
  
  Find all the scholarhips you can and apply for everything you can! And the earlier you apply, the better! Even will help when it comes down to paying off those loans. Even if it involves writing essays and stuff. Just get him to do it. It will save you so much frustration in the future. Take loans if you need to, but get them early and try to get the lowest rates you can. Search around for the best ones. Many colleges also offer specific loans like the Perkins Loan or Stafford Loan which are much lower interest and are provided through the school. Your local bank should be able to help you with all the details on other loans. Don't worry too much about the money though. Let him go where WANTS to go and where he knows he will get the best education for his money.
  
  And don't shy away from private schools! Even though they might have a ,000 price tag, they typically give out MUCH more financial aid than the ,000 state schools. I go to a private school and it ended up costing thousands less than the two state schools I was looking at because they provided so much additional aid. Look into every college you can! You never know what they might have to offer!
  
  Encourage him to go to college in-state if you can. Then you automatically get a state grant. You also get a cheaper tuition if it's a state school (same tuition if it's a private school).
  
  Good attendance is also a huge plus. College do look at attendance and if they see he is always in school, that will also help his acceptance rate. Also focus on tests like the SAT, ACT or other standardized tests. They're not a sole factor on acceptance or anything, but also make you look like a good student and they might offer extended financial aid.
  
  Have him take honors classes if he feels up to it. Don't push too hard, because it's NOT true that a C in an Honors class is equivelant to an A in a regular class. He can also take SAT II subject tests. I think there might be additional aid involved if he does well on those tests. It also make him look like a better student. The tend to cost around 0 each though.
  
  Have him talk to his art teacher(s) and basketball coach(es) about possible scholarships as well. And if he's planing on playing at the college level, definately have him contact colleges and invite them to come watch him play. (Make him do the contacting though, it makes him look more mature and independent if he does it himself instead of you doing it). Many college coaches would love to see him play so they can get an idea how he would play on the college's team. If he has any art work hanging up in an art show or exhibit, also contact schools and invite them to come. Assuming they're not too far away of course. I don't think they'd fly across the country for a two hour basketball game or anything.
  
  Have him work hard on his application!! Don't let him leave it go until the week before the due date! The earlier he gets it in, the more money the school has to distrubute for financial aid. Take a couple weeks doing it, proofreading it, perfecting it, and definately re-reading it. He would also less likely to forget stuff. If you wait too long, the money is already all given out. If he decides what school he definately wants to go to, no doubts, have him apply for early enrollment. It's basically a guarantee that he WILL go to the school and he gets tied into it, however they offer additional scholarships and grants for early enrollers. But that means he needs to have his application in by August I think. That determines how much money is left to be distrubuted among the regular admisisons.
  
  Encourage him to join and be involved in as many clubs and organizations as possible. National Honors Society, Spanish Club, Leo/Key Club, etc. The National Honors Society offers a pretty hefty scholarship to it's members, and many other clubs are willing to give other small scholarships. Make sure he goes to his guidance counselor as well and asks about his options. Many high schools have a whole book full of possible scholarships that students could get.
  
  That's all I can think of right now. Good for you on trying to get a jump start on this!! It's never too soon to start looking!
QUESTION:
Are there study abroad scholarships or financial aid?
I am dieing to study abroad in Sweden next year. I will do ANYTHING to be able to go, however, my dad has been out of a job for over two years, and we are a low income family. Are there scholarships and financial aid for study abroad students? Can you list any you know of or may find?
I am dying to study abroad in Sweden next year. I will do ANYTHING to be able to go, however, my dad has been out of a job for over two years, and we are a low income family. Are there scholarships and financial aid for HIGH SCHOOL study abroad students? Can you list any you know of or may find?
PS I AM GOING TO BE ENROLLED IN A HGIH SCHOOL, NOT COLLEGE! thanks everyone!
- ANSWER:
  Many exchange programs offer scholarships and the good ones also help you with fundraising. You can find a list of those which are certified to operate in the US at www.csiet.org.
  
  You should also check with your school counselor to see which ones he/she recommends.
  
  I do know that Finland has several summer scholarship opportunities that are offered through various programs such as YFU, however I'm not sure if Sweden does.
QUESTION:
What's the difference between financial aid & scholarships? (specifically at Columbia U.)?
My dream school (Columbia U.) is so expensive, but my family (financially) is upper middle class. If I'm accepted, do we automatically receive financial aid? If not, how do I apply for it and what's the likelihood I will get it? I don't even know how to get a scholarship... Do scholarships apply to any school or just specific ones (in state, liberal arts...)? Please help.
- ANSWER:
  You will not automatically get financial aid. You will have to go to www.fafsa.ed.gov. to apply. It is hard to say how much you will get until you have done this.You will want to select fill out your fafsa, and select 08-09 school year. You will need your and possibly your parents 07 tax return if filed. You will get an EFC (expected family contribution) number after you do this, and the lower the number the higher the award you will get. This is also where you go to see if you can get student loans, if you don't get enough financial aid. Then you have to contact your school's financial aid office to make sure you don't have any other requirements to do. They will then determine if you will get any financial aid or not. You can also ask them about scholarships. You can also apply for scholarships at www.fastweb.com.
QUESTION:
How do scholarships and financial aids work for college?
I just applied to college for next fall and I cant fill out any FAFSA forms yet because its too early. I was wondering, if I get accepted, do I have to pay full tuition before school starts and THEN they will give me money back for any scholarships? Or will they let me know before next fall and subtract it from my tuition before I pay.
- ANSWER:
  Rose:
  
  There are two broad types of scholarships - scholarships awarded by the schools themselves, and scholarships that are awarded by "outside" organizations.
  
  When you apply to a particular college, you will almost always be considered for all, or nearly all, of the scholarships that are awarded at that particular school. While there are certainly "big dollar" scholarships, many scholarships award only a few hundred or a few thousand dollars, and the lucky recipients use those to supplement their other sources of funds, rather than having the scholarship pay for college. When you receive your application information, you'll want to read all of the information carefully - there may be scholarships that you're not automatically considered for, that will require a separate application.
  
  While school scholarships are only offered to students who have been accepted at the school, there are also thousands and thousands of "general" scholarships that are available to a much broader range of applicants. There are many well-known internet sites that list lots and lots of scholarships, but you should remember that these sites are used by many people, and the scholarships that are described there usually receive tens of thousands of applications.
  
  Another great source for scholarship information is your high school counselor or college advisor - they'll be able to point you in the direction of some lesser-known regional scholarships - and programs that other students from your school have done well with in the past.
  
  Regardless of the type of scholarship that is involved, the application process is almost always designed to select and notify the winners in time for the upcoming school year. If you are an award winner, the chances are really good that your funds will be waiting for you at the beginning of the year - in time for the payment deadline.
  
  Just remember - scholarships are highly competitive - and despite what you'll sometimes hear, there really isn't "a scholarship for everyone". Scholarships go to the students who demonstrate high academic, athletic or performance potential. You'll need great grades, high standardized test scores, or a record of success in sports, band, dance, music, art or community service to make yourself a good candidate for scholarship assistance.
  
  Take a few minutes and spend some time with this Department of Education booklet - it's a great introduction to the entire process of financing a college education. You'll learn about all of the different types of assistance that are available to you - including the other forms of financial aid that are far more likely than scholarships. Hopefully, you'll qualify for both scholarships and other forms of aid!
  
  Good luck to you.
QUESTION:
When should I apply for scholarships/financial aid?
I'm going to be a high school sophomore next year. I'm interested in attending a public school out of state like the University of Oregon. My family is low income.When do I apply for financial aid cover most of the tuition? And is there financial aid to cover the cost to live in dorms? Thanks!
- ANSWER:
  The form you fill out is the FAFSA and for faster results please do it online, so much easier than waiting for snail mail. This is the main page. http://www.fafsa.ed.gov/
  
  First in column one you and your parents get a pin and remember this info as you will need it often.
  
  It should be filled out in January of the year you need aid (will be attending). All the money given to students from the government is made available January 1, so the students who fill it out early get more because as time goes by all that money starts getting taken and it needs to spread out so people get less and less as time goes by.
  
  Here is a hint though, you can actually do your fafsa before you get your taxes January of the year you need it. If you and your family's financial picture did not change much in a year, you can fill out the fafsa using the previous years taxes. Then as soon as you and your parents get your W2s do your taxes and then go onto the FAFSA home page above in #3 where it says make corrections to processes fafsa and then enter the correct tax data for that year and resend it. That way when you did it early, they are already considering you for your grants and federal loans. .
  
  On the fafsa you list schools you are interested in, make sure you do that and not just one in case you are not accepted. You can add one here even if already processed: http://www.fafsa.ed.gov/FOTWWebApp/addschool.jsp
  
  After you do the FAFSA it will be processed meaning they will take all the info from it and come up with your EFC, estimated family contribution (what your family should be able to afford toward your college) and they put this in a SAR report, student aid report. This will be a summary of your FAFSA info and tell you your EFC. This takes 2-4 weeks if you do it online. They will email you when it is ready. Double check that the SAR matches your fafsa incase they made mistakes. You can see it in #3 on the FAFSA main page above and print it. They will then send this SAR report to all the colleges you listed. If you were admitted to the college, April-May they will take your SAR and based on the EFC and you financial aid, create a financial budget for you which includes a list of all the items you will need to attend the college which includes books, tuition, travel, personal expenses, housing, loan fees (small fees if you accept certain loans). The total of all of these is your cost of attendance, or what you need to attend.
  
  Then based on the SAR and your fianncial need they will give you federal and state grants you qualify for (grants dont get paid back), federal stafford loans you qualify for (subsidized and unsubsizided) and federal parent loan you many need, and federal work study.
  
  We are only one income, low savings and no assets and our cost of attendance was 18,000. We got 5500 total in stafford loans and 4000 parent loan and the rest were all grants. My daughter will work 1000 for the work study.
  
  ISubsidzed staffords are given based on financial need, fixed interest, interest starts after graduate, quit, fall below half time etc. Unsubsidized not based on financial need, fixed interest rate a it higher and interest starts when you get the money so you want to pay the interest as you go and the loan again you pay off after you graduate, fall below half time, quit etc. The federal parent loan is applied online and goes by credit, if not accepted, you will need a private loan.
  
  So once you are admitted they college givesyou a college email acount and they will send you an email saying your financial award is ready and also they will send you a postcard usually. Just because it is listed for you does not mean you have it already. You have to to log in and then you see the award and you accept and decline each grant and loan individually. You may not need the loans if you got scholarships, or graduation money etc.
  
  You can deny them all and take a package from another college. You should see what the deadlines are to accept the award and compare all the colleges to get the best award and college you want.
  
  All of these grants and loans will equal the amount your need to attend which I listed above in the financial budget and all will go toward all them items, housing, meals, tuition, etc.
  
  See all the terms of stafford and parent loans and federal work study in case I missed some info.

Loan Student

September 30, 2011 - Posted in Uncategorized - Permalink

If you are like many students and recent graduates, you very well have amassed a great deal of student loan debt. In this regard, you may be looking for ways in which you can bring your outstanding student loan balance under control. You might want to consider the various consolidation loan student availabilities that you can take advantaged of in this day and age. Through consolidation loan student opportunities, you can take an affirmative step towards brining your outstanding student loan debt under control.

There are a number of benefits to availing yourself of what is available in the way of consolidation loan student availabilities. The primary benefit that you can obtain through utilizing and taking advantage of consolidation loan student opportunities is a savings in the amount of interest you have been paying on multiple student loans. As a general rule, consolidation loan student programs offer interest rates at a level under what you normally have been paying on your multiple outstanding student loans.

One of the other significant benefits of a consolidation loan student program is found in the fact that you will be able to relieve yourself of recurring late fees and related delinquent charges that you may be encountering in regard to outstanding student loans. If you are like many people who have racked up student loans, you very well may be facing ever increasing late fees and the like over time. Again, through consolidation loan student programs, you can rid yourself of the burdens of late fees and other charges.

An added benefit of taking advantage of a consolidation loan student program is found in the simple fact of convenience. If you have acquired a number of different student loans, you find yourself juggling multiple payments each and every month. This can be time consuming and even confusing in some instances. With the implementation of a consolidation loan student plan or scheme, you will only have to make one monthly payment, easing the burden of keeping track of a multitude of payments each and every month.

There are a number of different financial institutions that now offer consolidation loan student programs. There are companies that specialize specifically in offering people consolidation loan student opportunities. In addition to the companies that specialize in consolidation loan student programs, many traditional lenders (such as banks and savings and loans) now have implemented special consolidation loan student programs for students and graduates. Therefore, you have a variety of sources for a consolidation loan student program to chose from in this day and age.

By taking the time to shop around and consider different consolidation loan student availabilities you will be able to find a consolidation loan student program that best meets your needs and obligations. Through research and a bit of proverbial homework you will be well on your way to brining your student loan debt well under control, to bringing your financial house into order now and well into the future. Rather than continually paying for your education, you will make your education pay for you.

Frequently Asked Questions

QUESTION:
Does anyone know of anywhere I can get an International student loan for full time study in Canada?
I'm a US citizen living in the UK. I'm trying to find something similar to the loan Student Finance NI provide but on an international level. Thanks!
- ANSWER:
  I don't think there's such a thing as an International Student Loan!
QUESTION:
How much would a monthly payment be on an ,000 student loan?
Id guess I'd be making ,000-,000 a year. I know that interest rates change, and one can finance a loan differently, but what is an average, ball park fihure for a monthly payment on a loan student loan of ,000?
- ANSWER:
  Your monthly payment will be based on your status as a student and what kind of loan(s) you have taken out.
  
  Stafford loan rates are determined according to if the student is in school/in grace, or in repayment. The in school/in grace rate is .6% lower than the in repayment rate. Also, if a Stafford loan was issued before June 30th, 2006; those loans have a variable interest rate which changes from year to year.
  
  Perkins loans interest rates are always fixed at 5%.
  
  In addition, if you do not consolidate your federal student loans, you are automatically set up on a 10 year repayment plan.
  
  So for K in federal student loans, assuming your are in repayment status, and have taken out Stafford loans all issued before June 30th 2006, monthly payments would be about 4 a month.
  
  Consolidating your federal student loans, not only saves you a significant amount of money on your monthly payments, but also resets your forbearance and deferment privileges.
QUESTION:
Is student loan still tax deductable when refinancing a student loan with a personal loan?
My daughter has two very high interest student loans. Her credit won't let her do anything, but I can "refinance" it with me getting the loan using my credit. But is it still a "student" loan that she can deduct. She is making the payments and her name will be also on the loan (ironically, she will co-sign for me). This seems to be some gray area once the loan gets moved around. Just want to make sure the "chain of custody" still makes the new loan interest tax deductable. Hope this made sense and thanks for your help.
- ANSWER:
  Nope, sorry, but personal loan won't qualify, as you will have nothing in writing to say that it is student loan interest.
QUESTION:
What Loan company will take over my federal student loans when the loans are in default?
What Loan company will take over my federal student loans when the loans are in default so I can go back to school?
My loans are government loans from Saillie Mae. I owe them under 00.
I heard about this company that will take over your school loans from them but I don't know the name of the company.

I am at the point where I can't get a federal student loan until I pay this off.
- ANSWER:
  When your federal educational loans are in default, you have several options:
  
  You can repay the loan in full.
  You can negotiate a new payment plan with your lender.
  You can "rehabilitate" your loan.
  You can consolidate your loan.
  
  Obviously option one is rarely attractive or possible for defaulted borrowers.
  
  Option two (renegotiate) should be investigated fully - most borrowers skip this step, but it's probably the best option for most people. Call your lender and ask to speak to someone in the "Workout" Department. Explain your situation to them (there's nothing unusual about it) and ask what options are available to you for switching to a graduated, extended or income-sensitive repayment plan. If your lender will agree to change your repayment plan, a few regular payments will get your default status removed, and the new plan may be easier for you to keep up with.
  
  Option three (rehabilitation) is really a specific form of a workout agreement. It probably won't help you much in your situation, because it requires an agreement between you and the lender that will allow you to make 9 consecutive on-time payments of some agreed-upon amount.
  
  Option four is everyone's favorite, but you must absolutely understand what a consolidation loan will do. To keep this utterly simple - a consolidation loan is a brand new loan that will pay off your old, defaulted loan. A consolidation loan MAY lower your monthly payments, but understand how this works. A consolidation loan never lowers your payments by wiping away some of your debt - a consolidation loan lowers your payments by stretching out the length of your loan. If you pay less every month, you'll make many additional monthly payments, and - in the end - you'll pay far more back than you would have paid on the original loan.
  
  As an example: Suppose I lent you 0 and you agreed to pay me back in 2 weeks by paying me a week. You came back a few days later and explained that you weren't going to be able to afford to pay me - is there something else we could do? "Oh, absolutely," I'd say, gallantly. "Instead of paying me a week for 2 weeks, how about if you only pay me a week for 17 weeks?"
  
  See - in the end, you'll pay me back 0 instead of 0 - that's how a consolidation loan works. But remember - we're not talking a 0 loan for a couple of weeks - by the time you pay that 00 loan of yours back over many years, you'll pay a few thousand more than you might have paid if you didn't consolidate that loan.
  
  I've attached some information about consolidating from the Department of Education - take a few minutes to read it over. If you do choose to go this route, be sure to consolidate with a reputable lender (or directly with the government) and not with some fly-by-night operation that you learn about from some pay-per-click site shilled on Yahoo! Answers.
  
  Good luck to you!
QUESTION:
Does a student loan and a bank loan affect your credit the same way?
I have one credit card ( revolving credit ) and I have one student loan ( fixed monthly payments ). I want to keep one revolving account and one fixed account. Would a bank loan that pays off the student loan look better as a fixed loan? I guess my question is: Do they both count as fixed loans or is the bank loan a more "authentic" fixed loan?
- ANSWER:
  doesnt matter....they're both 'installment' loans on your credit report. i wouldnt take a bank loan because MOST LIKELY the interest isnt tax deductible like the student loan.
  
  i would advise to have 2-3 credits...2 installment loans....can be student loan, auto loan or other loan...and a MORTGAGE!
  make sure you keep low balances are on revolving accounts...and you should be go to go.
QUESTION:
What Loan company will take over my federal student loans when the loans are in forbearance?
What Loan company will take over my federal student loans when the loans are in forbearance so I can go back to school?
My loans are government loans from Saillie Mae. I owe them under 00.
I heard about this company that will take over your school loans from them but I don't know the name of the company.
- ANSWER:
  No one will "take over" your loans. You will still owe the money to your lender when you are in forbearance. They will simply add interest every month while you are making payments.
  
  If you are asking about defaulting the lender will just contract out with a collection agency to start calling and hounding you to mail them payments. If you make 6 to 12 months worth of willing and reasonable payments you can ask your lender to "rehabilitate" your loan. This is when you are issued a new loan and pay off the one in default so you can get federal fin aid again. Again, rehabilitation can only be done after you have made 6 to 12 months of payments.
QUESTION:
If I consolidate my student loan with a personal loan can I still write off the interest?
I had a federal student loan which I consolidated about 8 years ago to someone who eventually sold that loan to Citibank. I pay about 8.35% in interest. I am considering paying off that student loan with a personal loan where I can get a better interest rate. If I do this will I still be able to write off the interest I pay on my taxes?
- ANSWER:
  Nope. It will no longer be a student loan then. You may be able to consolidate several student loans into another student loan at a better rate, but if you pay it off with a personal loan you'll be left with a non-deductible personal loan.
QUESTION:
How to stop student loan wage garnishments if you agreed to make default payments?
I recently defaulted on my student loan and contacted the student loan company to before they started garnishing my wages. I agreed to a reasonable monthly payment and made the payments on time when I noticed that my wages were being garnished as well. I contacted the student loan company several times and they kept saying that they would remove the garnishment and that my employer had recieved the paperwork. I contacted my employer's payroll and the stated that they never got the paperwork and I should ask for a copy myself to fax it in myself just in case. The student loan company wouldnt give me a copy of the garnishment letter to the employer and claimed to have faxed the paperwork in. It has been 4 straight pay periods and nothing has been done meanwhile im still making monthly payments directly from my bank account. Is there anyway to stop this? PS: I dont need smart remarks about you should have paid in the first place, i know that much but i couldnt afford to at certain points.
- ANSWER:
  Well it seems to me if you set up the auto-draft to your bank account willingly you should be able to stop it at will as well. Call your bank and tell them you want to stop sending that company money. Or allow them to take it out of your account, however it was set up.
  Good luck!
QUESTION:
Student loan for Canadian students who want to study in Romania?
Hi, I am currently a second year university student in Canada. I am planning to go study in Romania next year. I was wondering is there any kinds of student loan out there that will lend money to canadian students who wants to go study in Romania? Thanks alot!
- ANSWER:
  know of a company that gives personal canadian loans.
  
  You can use the money for any purpose and they don't have upfront fees.
  They work with most credit issues but you need verifiable employment.
  contact:
  http://www.ewebhost.biz/cgi-bin/affiliates/clickthru.cgi?id=autoprt
  for details.
QUESTION:
How does a student loan affect your credit?
I have a student loan that is about 50K. I am making payments on it but I am on the income contingent plan and every month I get a statement showing that what Im paying is not enough to pay even the interest, so the balance is higher every month. Does this negatively affect my credit, I pay every month on time but I want to know if this will affect my credit. Does the 50K count towards debt to available credit ratio also. How does the student loan affect credit ratings?
- ANSWER:
  Student loans effect your credit score like any other loans (that means credit cards also). As long as you pay on time your credit should be fine. But you do want to pay more than your monthly accrued interests, otherwise you will never pay off your student loan, and the balance will just get higher and higher.
QUESTION:
Can student loan interest be used as a tax deduction if the loans are in deferment/forbearance?
I know that student loan interest can be deducted.

My student loans are all either in deferment or forbearance. I'm accruing interest on some of them, but I haven't actually paid any interest yet. Can I deduct the interest that accrued?

Thanks!
- ANSWER:
  No, you can only deduct the interest when you actually pay it, not when it accrues
QUESTION:
What happens when a student loan is cancelled due permanent disability, but the student is rehabilitated?
When a guaranteed student loan is discharged and later cancelled due to what is considered a total and permanent disability but many years after the cancellation of the loan the individual is rehabilitated and able to return to the workforce with the necessary aid and support for their disability what happens to the student loan? I've been told that once a loan is cancelled it no longer exists, and I've been told that if the individual is able to return to the workforce the loan is reinstated. Which, if either, is correct? What is the answer? (I'm talking about in Oklahoma.)
I can find plenty of links, just no answer. Please don't leave a link, if you don't know then you just don't know.
- ANSWER:
  You are in luck. I had a student loan discharged due to disability. After 7 years, I was well enough to go back to school. Currently I am in school, and I receive financial aid and student loans. However, you cannot have your loans written off a 2nd time for the same illness. It would have to be a different illness. Lots of paperwork is required to become eligible again for loans but it can happen.
QUESTION:
Is student loan debt taken into consideration when a landlord approves a tenant for leasing an apartment?
I'm a recent college graduate with a steady income and a student loan that is not in default. I'm looking to lease an apartment, and I heard that landlords are not allowed to count student loan debt against a person when evaluating their credit and debt. Is this true?
- ANSWER:
  As long as you're paying them on time, you shouldn't worry about it.
  
  Any debts in default are shown on your credit report. If you've cleared them up and feel they should no longer be on your report, u need to contact the crediting bureau.
QUESTION:
If I take out a student loan in order to pay the balance for my school can I take out a private loan too?
I am planning on taking out a small loan in order to cover my balance for housing & my meal plans. I am going to need money for living expenses. Could I take out a personal loan as well as the student loan. I will need a cosigner because I am underage and am trying to find the best possible loans for both the student loan & the personal loan.
- ANSWER:
QUESTION:
How does student loan debt affect my credit score?
I am at the final stage of paying off credit card balances. Just one more month, yippee!!!! I've also already paid off my car loan 7 months before the maturation date. Anyway, I still have close to ,000 in student loan debts- federal and private. But that's it. I have never had any major credit problems. Will all this student loan debt have a negative impact on my credit score and rating?
I always make the payments on time every month.
- ANSWER:
  As unfair as it seems, they do lower your score abit. I have a pretty good score, but my student loans have affected it negatively alittle bit. When I asked about it, its because its such a long loan. Like, Sallie Mae gives you 10 years to pay it off. Even though thats not bad because its in agreement with Sallie Mae & that is very normal for a student loan, it counts as "too long to pay off a debt" on a credit score which I think is crazy.
QUESTION:
Can student loan interest be an itemized deduction on your taxes?
The Student Loan Deduction allows you to deduct up to 00. In 2007 I paid well over 00 in interest and obviously want to take advantage of this.
- ANSWER:
  Student loan interest is not an itemized deduction line item, but rather a deductin on the face of your tax return.
  
  It is subject to income limitations however, so follow the worksheets to ensure you can take the deduction. Below is a link to help you.
QUESTION:
Will student loans stop me from getting a home loan?
I am about to gain a 000 debt in student loans. In about 6 months we are applying for a home loan. Will that student loan be applied to my debt to owe ratio? Will it be a factor when applying for a home loan?
- ANSWER:
  When applying for a home loan your credit report will be reviewed and you may be required to provide a number of other details, including: Employment and income records, Tax Returns for the last few years List of assets, List of liabilities and what you owe, Your budget showing monthly living expenses so that you can demonstrate an ability to pay.
  
  http://www.worldbestloans.com/homeloans.htm
  
  With this information you and your lender will be able to determine the kind of home loan and size of the right mortgage for you. In some cases, you can obtain a pre-approval or pre-qualified certificate, which shows how much you can borrow so that you can then shop for homes in an appropriate price range.
QUESTION:
What is a good loan consolidation program for Federal and Private student loans?
I am looking for a good student loan consolidation program that will take on both my Federal and Private student loans from Sallie Mae. If you know of any good ones that you have heard of or used in the past, please leave a description or website so I can look into it. If you are a loan company, don't bother answering the question as I will mark it as Spam. Thanks.
- ANSWER:
  I used direct loan consolidation. It took about 2 months.
  
  http://www.loanconsolidation.ed.gov/
QUESTION:
Is a student loan with citibank eligible for loan forgiveness?
I currently have a student loan with citibank. I am hearing about the loan forgiveness programs for teachers (I teach special education). The things that I have read say it has to be a direct loan, and I am having trouble figuring out if I might qualify.
- ANSWER:
  lis:
  
  The answer to your question doesn't depend on who your lender is, the answer depends on what type of loan you have with that lender.
  
  If Citibank provided you with Stafford or Perkins loans, as part of the Federal Student Aid program, then yes, you may be eligible for the loan cancellation/forgiveness program.
  
  If Citi provided you with private, non-government loans, then the answer, unfortunately, is no.
  
  If you have a Perkins loan, you may be eligible for an out-and-out cancellation of the loan - provided that you satisfy all of the program requirements. Qualifying for a complete cancellation requires several years of service - in fact, it will take 5 years of full-time employment to have the entire loan amount canceled. Of course, you'll have to make payments for those 5 years, while you're satisfying the requirement, so only the balance remaining after 5 years of payments will actually be paid off.
  
  The Stafford program isn't a cancellation program - it's a forgiveness program - which means you can't have your entire loan wiped clean. Instead, there's a maximum of ,500 of forgiveness available to you. Again, there's a LONG list of qualifications - including, again, 5 years of continuous service.
  
  For more information on both programs, you can visit the US Department of Education's Student Aid on the Web site here:
  
  http://studentaid.ed.gov/PORTALSWebApp/students/english/cancelperk.jsp?tab=repaying
  
  and here:
  
  http://studentaid.ed.gov/PORTALSWebApp/students/english/cancelstaff.jsp?tab=repaying
  
  Check your loans and make sure you have a Perkins or Stafford - then check those two pages for all the details. Good luck - I hope this helped!
QUESTION:
What kind of loan can I get to consolidate private student loans?
I have 0,000 in private student loans from two lenders. The interest rate is over 10%. Is there a way to get another loan to pay this off at a lower interest rate? What kind of debt consolidation program should I consult? Most student loan companies only deal with Federal loans it seems. I keep seeing ads for mortgage loans with low monthly payments-- is there something similar I could get for a personal loan? THANKS!
- ANSWER:
  You know what my answer to this problem is? I am joining the Marine Corps. I'm gonna be programming. There are plenty of different jobs in the Corps other than just killing ppl. So if I were you I'd go to marines.com and search for your nearest recruiter to see what they could do for you. What do you have to lose by talking to a recruiter. Nothing.
QUESTION:
How can a student with bad credit go about getting a good student loan for University college?
I am a student going to a community college on full scholarships. However, next fall I am planning to go to Mississippi State University. My problem is, even though I am only 19, I have already defaulted on a loan and stopped payments on a cellular phone contract. My credit isn't even good enough to get a Wal-Mart card anymore. I am trying to get a hefty student loan to pay for my school expenses in my quest for higher learning. I would get a co-signer but no-one in my family has a good credit score either. So how would someone in my position go about getting a good loan for college?
- ANSWER:
  Having bad credit means you're a bad risk. You should try to clean up your credit first. Would you loan money to someone that has a proven track record of not paying you back? I don't think so.
QUESTION:
How can I get a student loan without a cosigner or any credit?
I need a student loan for around ,000 and everywhere I apply I get denied because I have no credit. Then the application says I need a cosigner in order to qualify, which I dont have. Are there any private loan lenders that can give me a loan without a cosigner and no credit?
- ANSWER:
  No there are no private loan companies that are going to give you a loan with no credit and no cosigner. If you have no credit history, bad credit, or no cosigner the lender has no guarantee that you will pay the money back. So why would they take a chance on you?
  
  Your only option is federal stafford loans, but you will not get 15k in one lump sum.
QUESTION:
How long after the delinquent student loan is paid off, can i apply for another one?
i have a delinquent student loan that is being taken out of my check and is wondering how long after the delinquent student loan is paid off can i apply for another one...or am i not eligible for one anymore?
- ANSWER:
  Once your loan is paid in full, the company should send you a letter letting you know its paid off. Keep this letter as proof its paid off. Then you can apply for another federal student loan if needed. Your application will probably be flagged as you being defaulted if you do it very quickly, but just remember you have documentation to show the school when they ask you about it.
  PS... I agree, don't borrow if you have to.
QUESTION:
Can I claim my Canadian student loan interest on my US taxes?
I have Canadian (government) student loans (in Canadian dollars) which I am still paying back from my Canadian bank account whilst I live and work in the US. Can I claim my student loan interest on my US taxes?
Also do I claim the amount in Canadian dollars?
- ANSWER:
  Since you're already living & working in the US, you can claim Canadian loan interest subject to certain conditions. It's better to contact the tax department in your organization or an independent tax consultant in your state of employment.
QUESTION:
How soes taking out a student loan work?
I'm planning on starting college soon. I'll need some money. Do I go to the college and ask for a receipt of the estimated costs? Does the bank need a receipt? What should I bring to the bank for4 taking out a student loan? Are the interest rates for student loans high? Sources?
- ANSWER:
  Any question with the word "loan" in it gets lots of spam on this site; please don't fall for loan offers. The bank or the college's financial aid office can answer a lot of your questions - check out their websites. I think you also need to complete the FAFSA before applying for any student loans. A subsidized loan is preferrable to an unsubsidized one, as the government pays the interest while you're in school. Don't forget to look into grants. It takes a little work to find them and apply for them, but it's money you don't have to pay back.
QUESTION:
How many student loan places should I apply to?
I've already applied to Discover, Sallie Mae, PNC, and Wells Fargo. Is that enough places? I wanted to apply around to get the best deal but applying for a student loan takes hours and the deadline for payment is in two weeks. Is four enough or should I try more?
- ANSWER:
  I dont understand that why you want to apply in so many places but if you want to know that than i tell you that there are so many private organization available where you can get a student loan without a cosigner. how much time they take to disburse your loan, is up to the work they do and how many paper you can provide to them.
  i can tell you who get me my student loan,which they provide me when my score is also not good.
  
  http://badcreditloans.50webs.org/studentloan.html
  
  they can help you as well to get approved your loan, and if they cant then don't worry at all there are so many others also who can help you as well. good luck dear.
QUESTION:
How do I get a student loan for living expeneses?
I am trying to get a student loan, because I need to be able to pay for an apartment and need to get a new vehicle. I am working but I'm only making minimum wage and its not enough. How do i get a student loan that will send me the money instead of the school?
- ANSWER:
  There's a lot of private lenders.
  
  Try your bank first, and ask your school financial aid office.
  
  Good luck !
QUESTION:
Student Loan - What is the easiest student or personal loan to get without a co-signer?
I need to get a loan to be able to go back to college, however neither of my parents have any credit and I can not find a co-signer. This means I'm on my own and I unfortunately do not have much credit. What is the easiest, personal or student, loan to be approved for without a co-signer? Thanks a lot!
- ANSWER:
  2 Weeks Before my cousin got Student loan of 23000$ for 4 years on very lowest interest @ 5% and she had repay for her studies when she got .Sounds too good. well you should try for your loan too .
  Go to following link and check all loan offering sponsors in search of best repayment schedule and ofcoucre lowest interest rate.
  
  http://dixiloan.com/student-loan.html
  
  By the way my cousin credit score is too low but she got loan.
  Best Of luck!
QUESTION:
What does a student loan company like Stafford do to co-signers? Do they get notified of the loan if someone?
What does a student loan company like Stafford do to co-signers? Do they get notified of the loan if someone takes one out and uses them as a co-signer but pays it back right away? If so, how? I joined the army so I get loan repayment.
- ANSWER:
  Cosigners serves as your guaranteer to the creditors. And companies like Sallie Mae, Stafford prefer to get loan application signed by them as a security for the loan they are giving you. Yes they do get notified for any untoward action.
  Learn more on student loan & student loan consolidation, log into: http://www.studentloaninfo.org/
QUESTION:
How EASY is it to receive a student loan after being awarded money from my financial aid package?
I have already received my financial aid award from the university I I'm attending in the fall. The problem is that my award with Federal grants, subsidized, and unsubsidized loans did not cover my cost of attendance. (also my parent plus loan got denied) How easy is it to go outside of their package and get a loan from some other bank such as wells fargo or something? Is wells fargo likely to give out student loans?
- ANSWER:
  Please, anybody but Wells Fargo. Most banks give out loans but if your parents didn't qualify for a parent plus loan, they most likely won't qualify for a private loan. It's also not likely that you will qualify by yourself if you are a student.
  
  Depending on how much money you are short and what you are considering "cost of attendance" you might consider a part time job, a roommate, a cheaper school or other ways of cutting expenses or raising income.
QUESTION:
Is it possible to transfer private student loans into a federal student loan?
I have about 50,000 in private student loans and it todays economic environment, no one will consolidate or refinance my loans. I was wondering if its possible to "roll them over" into a federal student loan. Any help is appreciated!
- ANSWER:
  No. Sorry.
QUESTION:
Will discharge student loan remove if I get a job in near future?
After applied discharge student loan due to my loss of hearing 100% and unable to work. I wanted to know if in 10 to 20years later and that I can be able to work, will student loan remove discharge and come after my money? Or it is discharge student loan and nothing going to change in 10-20years later if I return to work?
- ANSWER:
  Check the sites thoroughly. It’s an excellent site with some wonderful options for you. It will definitely help you. Have a look.
  
  http://loan--house.blogspot.com/2008/03/bad-credit-loans.html
  http://best-online-loans.info/
QUESTION:
Which is the best bank to take out a personal loan/student loan?
Here is the skinny, I have one semester left at a community college and this will be the last time I can pay for my school on my own with the job I currently have I will no longer be able to afford paying for a university (after this semester) I also have other bills, credit cards, I wanna pay off (non student stuff) which is why I would like to do a 'personal loan' so I can use some of the cash for non-school related items? I am from the Detroit area, so I realize some banks/loan institutions may not be from around here. Any ideas, thoughts or comments would be greatly appreciated. Thanks so much.
- ANSWER:
  Seek out your financial aid advisor at school. He/She will be able to provide you with options such as Stafford loans which you can take out and not pay back as long as you are at least part time in school. You also will not have to pay interest. The other loans you will have to pay interest. I like HSBC and Washington Mutual. Please know that every one has their favorities and thusly will tell you to stay away from the bank "they" did not like. It is all subjective. Good luck
QUESTION:
Can an international student get a student loan in America?
Could an international student from the Netherlands get loans to go to school in America?

Additional Questions:
Would the interest rates and what not be reasonable?

Would they have to pay during school or would the loan start after school ends (like difference between subsidized and unsubsidized Stafford loans)?
I know that the Stafford loan is out of the question specifically. I didn't know if there were other loans for an international student to get.
- ANSWER:
  If you are an eligible non-citizen you are eligible for Stafford loans:
  
  When applying for federal or state financial aid, you must be a U.S. citizen, U.S. national, or an eligible non-citizen.
  
  You are considered an eligible non-citizen if you meet ONE of the following criteria:
  
  * You are a U.S. permanent resident with an Alien Registration Card (I-551).
  * You are a conditional permanent resident with an I-551C card.
  * You have an Arrival Departure Record (I-94) from the Immigration and Naturalization Service (INS) with any of the following designations:
  o refugee
  o asylum granted
  o parolee
  o victim of human trafficking
  o T-Visa holder
  o Cuban-Haitian entrant
  
  Interest rate for Subsidized loan is 4.5% until July of next year, Unsubsidized is 6.8%
  
  Repayment starts 6 months after you have left school.
QUESTION:
What are the best private student loan consolidation companies?
I am getting ready to pay back my Sallie Mae student loans and they are expecting me to pay approximately 0 per month for my private loan. The only other alternative they gave me for a lower monthly payment was the Interest Only option, which I have heard is a horrible choice. Given today's economic condition and the difficulty of college graduates finding jobs, I don't know how they can expect people like myself to pay 0 per month. Are there any private consolidation companies out there right now that can significantly lower my monthly payment?

Thank you!
- ANSWER:
  Wells Fargo might be the only one worthwhile these days. Look for ones that have little or no origination fees and have reductions if the money you owe is periodically auto-deposited.
QUESTION:
How do you fix a student loan that is over what you originally borrowed?
My student loan has become a hassle to pay for. I have a car payment, rent, cell phone, and car insurance, and not forget gas or groceries to pay for every month. I find it more and more difficult to make even the minimal payment due for my loan. I understand that I am not the only one in this situation nowadays, but if anyone can give me any advice as to help my situation I would be appreciative. Thank you.
- ANSWER:
  Have you exhausted all forbearance or deferment options? Or have you inquired about income-based payment plans? If you haven't, this can be your first consideration.
  
  I understand your priorities of your bills. Housing, transportation, and food should be your first and most important priorities.
  
  But perhaps you can stop having a cell for a few months by claiming it is lost or stolen; you won't have to pay any penalties to cancel if you're in a contract. Perhaps you can change your grocery spending habits by buying non-brand items, and hunting down and using coupons everywhere possible. Or perhaps reviewing your car insurance to see if you're getting covered for something you don't need and get a cheaper rate. And plan your trips or try not to drive as often to save on gas.
QUESTION:
Payoff student loan or use it as deductable?
My husband and I have around 30K student loan, interest is about 8%.
Right now we are paying monthly payment, sometimes pays extra in the good days, and hoping to pay it off sometime in the next 5-6 years.
But another hand, because student loan could be one of the income tax deductible, so we are not sure if we should keep the student loan as long as it takes and just pay minimum each month.
Which way actually save us money?
Use student loan as deductible each years or pay it off as soon as we can?
- ANSWER:
  Generally I wouldn't hold off paying ANY debt just for a tax deduction. In actual refund dollars, a deduction ends up being the amount you pay times your marginal tax rate.
  
  So for example, if you paid ,000 in student loan interest for 2007 and you are in the 25% tax bracket, you're "netting" a payment of 0 [1000 - (1000 x 25%)]. In other words, the deduction only gets you back 25% of what you paid.
  
  Personally, I'd rather just be done with the debt altogether and pay it off ASAP.
QUESTION:
What is the easiest student or personal loan to get without a co-signer?
I need to get a loan to be able to go back to college, however neither of my parents have any credit and I can not find a co-signer. This means I'm on my own and I unfortunately do not have much credit. What is the easiest, personal or student, loan to be approved for without a co-signer? Thanks a lot!
I should mention I already have the max on all the federal stuff, and this is for a past due balance from last year.
- ANSWER:
  a federal Stafford loan does not have to have a cosigner and you don't have to pass a credit check. You apply by filling out the fafsa at http://fafsa.ed.gov
  
  http://studentaid.ed.gov/students/attachments/siteresources/FundingEduBeyondHighSchool_0910.pdf
QUESTION:
Where can I get a good student loan or student grant for my daughter?
I need to see about getting a student loan or a student grant for my daughters college fees? What's the best one?
- ANSWER:
  Before getting your 1st student loan..KNOW YOUR LOANS: FEDERAL VS. PRIVATE
  
  Though federal and private loans are both eligible for consolidation, federal loans have superior rates and terms, which are set by the government. However, federal and private loans must be consolidated separately.
  
  Federal Loans Have Favorable Terms
  
  There are several types of federal loans that can be consolidated. These include:
  
  * Stafford loan
  * Perkins
  * Parent PLUS
  * Supplemental Loans for Students (SLSs)
  * Health Professions Student Loans (HPSLs)
  * Loans for Disadvantaged Students (LDSs)
  * Nursing Student Loans (NSLs)
  * Health Education Assistance Loans (HEALs)
  
  Different loans carry different interest rates. Some are fixed, some are variable. While it's possible to consolidate fixed--and variable-rate loans, the primary advantage of consolidation is shifting your variable-rate loans to a fixed rate.
  Find more information:http://student-loan-consolidationrebate.blogspot.com/
QUESTION:
What happens after your student loan application has been approved?
Basically its about my student loan. I applied for a student loan in march and my application was approved in april but its July and I haven't had any letters or haven't heard anything from student finance since they sent me a form to sign in april. Is this normal? I don't really know how it works, I mean do they usually contact you at a later date just before you actually leave for uni or what? Maybe I'm just stressing for no reason but any advice/comments appreciated.
- ANSWER:
  You should talk to your school's financial aid office if you're worried. I wouldn't be too concerned, though. They usually don't give you the money until right before the semester starts.
QUESTION:
How can I get a student loan after I declared bankruptcy?
I'm finding it impossible to get approval for a student loan because I previously declared bankruptcy. I can easily get approved for a car loan, but not for my education. Anyone with ideas or information about this situation please respond. I have to pay for nursing school by August 1st!
- ANSWER:
  You might check out the site that I've listed.
  
  Go to the student loan forum and do some reading. You might be able to get some ideas on what to do.
  
  If you cannot find what you are looking for, post your question. Someone may be able to give you some suggestions.
  
  I'm sorry I can't be of more help. I go to the creditboards forums every day, for credit related reading/learning. But I usually go to other forums than the student loan forum.
QUESTION:
How much of my student loan interest do I get back from taxes?
I have made student loan payments in 2007 and have received a paper in the mail stating I had paid 0 in interest and to include it in my taxes. What percentage of it will I get back? 50% maybe? or less?
- ANSWER:
  It depends on your tax situation - read the instructions for the 1040 at irs.gov.
QUESTION:
Is it possible to get a private student loan without a credit history or a co-signer?
I currently have no credit history, and no available co-signer for a private student loan. I have exhausted my availability of government sponsered Stafford loans and Pell grants. I need a private loan in the amount of around 2000 dollars to supplement the remainder of my tuition that will be paid out-of-pocket through working on nights and weekends in two jobs.
- ANSWER:
  Honestly, your answer is going to be no. You will have to have fair credit and proof of income plus decent work history or a co-signer. They will also want your savings and checking account information to put your finances under a microscope. It is a pain...I went the federal loan route. I wish you the best of luck!
QUESTION:
If I have a student loan, that I am not in default with then will I receive a stimulus check?
I have a student loan that I pay on time every month, so will I not receive a stimulus check?
- ANSWER:
  i have a student loan that im paying on time every month..and according the irs tool, im getting my check june 13th...so i would say yes your gettting a check.
QUESTION:
How do you figure student loan money on tax forms?
Is it counted as income? Do you have to file taxes on student loan funds?
- ANSWER:
  According to the IRS, "A school loan is not taxable at the time you get the money and should not be included as income on your return." However, the interest is a write off. You can deduct up to ,500 in student-loan interest if your adjusted gross income is less than ,000 (single filers) or 0,000 (married filing jointly). Now, if you receive a scholarship or fellowship, all or part of it may be taxable.
QUESTION:
Is it possible to get a federal student loan to pay off a private student loan?
Im currently active duty AF with 5000 dollars left on a student loan prior to enlistment I am also currently enrolled in school. If I defer payments on my loan it still collects interest. Is there a way to get another student loan to pay off my current one then put it into forbearance for military duty where the gov't will pay the accrued interest?
- ANSWER:
  Loans for students help the student to deal with all the expenses that are to be incurred during his education phase like it includes entire cost of the student’s education from tuition fees, accommodation, books, and computers to transportation and many more.
  
  http://student-loans-info.50webs.org/
  
  Many Banks, financial institutions, online lenders etc are ready to offer the loans for students. But students considering their precious time and finds easy to via online as it provides easy access than other source. There are a large number of requirements other than college or course fees.
  
  http://loan-house.we.bs/studentloan.html
  
  Some of the most crucial are computer expense, hostel charges, and books and so on. The best college student loans are one which comprises all such expenses. But, to qualify for any such one, you have to give it your best shot as far search is concerned. Such purpose can be accomplished by exploring World Wide Web. You will find an innumerable number of lenders offering college student loans.
QUESTION:
What is the maximum student loan interest you can reclaim on taxes per year?
For instance, if i pay ,000 vs ,000 in student loan interest, do I get a bigger tax break or more money back if I pay ,000 vs ,000? Or is it capped at a certain amount once you pay a certain amount of money?
- ANSWER:
  The student loan interest deduction is capped at 00.
QUESTION:
How do I get a student loan that does not require school verification?
I need a 00 loan to attend a continuing education course. My school just denied my student loan through Sallie Mae because I am not enrolled in a "degreed" program. Does anyone know where I can get student loan that does not require school certification?
- ANSWER:
QUESTION:
If I transfer government student loans to a private loan business, can I still write off interest on taxes?
I currently have salliemae Federal student loans at 6.8%. I have an opportunity to take out a loan somewhere else for 2.7 % and pay off the higher interest rate loans. But will I still be able to write off the interest from this new loan as I do with my current student loans?
- ANSWER:
  Nope, as the loan won't be a student loan any more but a personal loan.
  
  If you can get and keep that rate until the loans are paid off then that would be the way to go even with the loss of the student loan interest deduction. Even if you're in the highest tax bracket and can deduct all of your student loan interest (unlikely on both counts) your 6.8% works out to 4.42% after tax at best. You've beat that soundly at 2.7% so go for it as long as it can't increase to some higher rate in the future before it's paid in full.
QUESTION:
What happens if I paid off my entire student loan but they still applied my tax rebate to it?
I paid off my entire defaulted student loan at the beginning of this month. I even received a paid in full letter. But today I just got a letter from the IRS that my 0 was applied to that loan by offset!! Apparently there wasn't enough time between when I paid off the loan and then getting my rebate. I just tried to call the Missouri Department of Education, which my loan is through, but they are closed for the day. Does anyone know if I can get my 0 back???
- ANSWER:
  You are going to have to contact FMS, or the Financial Management Service. They are the ones that actually collected the money from your tax rebate. (800) 304-3107 If you can provide proof to them, they should be able to get your money back to you, if they haven't already forwarded the money to the State of Missouri

Financing College

September 30, 2011 - Posted in Uncategorized - Permalink

I was talking to a friend of mine recently, a single mom. She was in the process of buying her first home. She was able to make the payments and had a down payment all set, but she had not enough credit history to secure the mortgage.

She told me that the mortgage guy said she should apply for two credit cards. Wow! Silly me. I thought everyone, except the credit card addicted, had a credit card or two. I guess if you paid cash for everything you needed you'd be a very lucky and disciplined person, but for me, using a credit card makes life way easier and it improves my credit rating.

Who wants to carry around cash all the time? First of all if you spend it then you need to go get more. I don't have a cash machine at my house and I hate driving or going to the bank. Then there is the safety issue. Pull out a wad of twenties and it might look like an opportunity for someone to try and take them from you.

Frequently Asked Questions

QUESTION:
Financing college?
I dropped out of baylor university after i realized the loans were ridiuclous, but with no money and no help from the parents, I also understand that the only way to get a college education is through some sort of loan(s).

My position is this, 52 hours...transferring by the spring. My GPA is credible at 3.0 and i've mastered calculus etc with a B.

However, the my downfall is the money issue. I've got none. I'm working 40 hours a week as i'm taking this semester off to try and transfer. I'm looking at missouri, michigan state, syracuse (probalby too much), and oklahoma state.

anyhow, applying to fasfa, will they provide all the loans i need to get through it or will i have to go through someone else? I really have no idea how to do this, or what loans i'm going to need, since i'm out of state etc...any advice/help/recs would be greatly* appreciated.

thanks, aaron.
- ANSWER:
  There are little, but easy steps to solve this problem. Definitely applying for FAFSA would be a smart choice to do. If it is a private school they will give more need-based money than a public shcool. However, public schools can be cheaper esp. if u live in that state. Since your work is credible, applying for scholarships is ideal. Thousands of dollars are left untouched because people do not apply. You will be amazed how many different scholarships there are out there. Anything that applies to just type it in the search box. For example i am left-handed, therefore i could look for "left handed scholarships." Taking out loans isn't a bad thing. Many people take out loans and repay them for as long as 15 years. However they only pay like 200 dollars a month. Which is not bad if u finish school and land a decent job. Well i hope this helped!
QUESTION:
Financing College?
A friend of mine is working on her bachelor's degree. She has two jobs and gets some financial aid, but doesn't get enough to cover her school costs. She can't get more from the school or the state, and her parents do not have good credit so they can't co-sign on a loan for her. She goes to a private school, so it is a bit expensive, but she cant transfer to another school nearby with the same program because her credits don't transfer. She's getting to the point where she thinks she's going to have to take a semester off to work full time in order to have enough money. I want to help her if I can by finding a way for her to get the money. Any ideas?
- ANSWER:
  That's tough. She can still have her parents apply for a "plus loan or a parent loan" even if they don't have good credit. They just need a cosigner (for the parents). Anyone can co-sign a student plus loan. They just have to make at least ,000 a year and have good credit (no charge offs or collections). Maybe a older sister/brother, aunt/uncle, grand parent or anyone that has faith in her.
  
  There are hundreds of scholarships that go unpaid every year because no one applies for them. Most private schools will help you. Tell her to go to the financial aid office and ask them about it.
  
  Also, she could go into a reserve program for the army, navy etc. As a reserve you get money, and you have to serve like one weekend a month and go away for a summer. I had a friend in college that did it and it helped pay for USC.
  
  Also, every year that you complete you receive more money from finical aid here is the break down:
  
  *,500 (for the 2007-08 academic year) if you're a first-year student enrolled in a program of study that is at least a full academic year.
  
  *,500 (for the 2007-08 academic year) if you've completed your first year of study and the remainder of your program is at least a full academic year.
  
  *,500 if you've completed two years of study and the remainder of your program is at least a full academic year
QUESTION:
Which option is optimal for financing college?
I have a substantial amount of money saved up for college (over 20k).
Is it wiser to use that money and pay off as much as possible now, OR
not touch that money and continue to work and save up, but take out student loans?

Essentially, my question is: Pay most of it now and be relatively debt free or take out student loans but have a massive cushion saved up.
- ANSWER:
  It is always best to delay taking out student loans for as long as possible. I always say avoid taking out loans for your first two years. This is when most people drop out and it stinks to be a college dropout and have loans you need paying off.
QUESTION:
best book to purchase for college financing; scholarships/grants?
I am looking for a book on college financing, particularly grants and scholarship opportunities.

Any suggestions?
- ANSWER:
QUESTION:
Financing college education for adult student?
I am looking into returning to college after a 20-year hiatus. The schools in which I am interested are all private schools with tuition in the ,000 per year range. After completing the FAFSA, I have learned that my estimated contribution is over ,000 a year. Does this mean that I should start looking into state schools if I want to do this, since I certainly do not have an extra 12 grand every year to pay for this? The admissions counsellor at the school I am most interested was unable to answer this question, and I would like to know what other people know about this.
- ANSWER:
  If you have an EFC of ,000 that means YOU are expected to contribute ,000 to your education...so you can only receive ,000 in aid if your tuition is ,000. They may have a higher tuition rate for expenses, etc. Unfortunately it means you make too much money. My EFC all through undergrad was 0.00!
  
  I wouldn't talk to your ADMISSIONS counselor but rather a FINANCIAL AID counselor. They can advise you on scholarships you may be eligible for (many private universities have their own scholarships in place). You are probably automatically ineligible for any grants due to lack of financial need (not to say you aren't NEEDING assistance, but according to their formula for determination).
  
  I would DEFINITELY try a state school. Tuition is MUCH less and to be honest...education is just as good (if not better). Unless you are going to Harvard or Oxford...school name means nothing to most employers.
  
  Good luck!!!
QUESTION:
Best College financing program that i can pay back after graduation.?
I am not looking for financial aid or a govenrnment program because i already know in my state i dont qualify but i was wondering if any one knows a good finance program that i can pay back after i graduate with a (low or lowest) intrest rate possible?

Also is it like a credit card thats specifically for school or how does it work?
- ANSWER:
  Have you try to get a scholarship? If you can get a scholarship then you don't need to pay it back in the future. Maybe you can try to go to
  http://all-about-scholarship.com
  it's about scholarships information.
  Good luck
QUESTION:
What is the best way to ask for corporate sponsorship for financing individual college education?
Do corporations donate to individuals going off to graduate school? And if so, what is the best approach in drafting letters to these corporations/companies?
- ANSWER:
  fastweb.com is a good resource. So is the financial aid counselor at the school you wish to attend or counselor at your high school. Not all companies grant scholarships. So use these resources to see what companies offer scholarships. A lot of companies offer and students don't take advantage. So even if it 0 take it It adds up! Anyway when you use your resources and they guide you to where scholarships are available, check to see if you meet there criteria, If so the scholarship will advise what they need from you. Good Luck!! Also don't forget FAFSA for Financial Aid
QUESTION:
College Financing: 529 or something else for short term?
I'm 2-3 years from my first child going to college. I have a 529 that is losing money. Where should I be investing money for the short term goal.
- ANSWER:
QUESTION:
Do College Apple Stores Offer Financing for Students?
I wish to purchase a Macbook. The college I am going to attend has an Apple Store on campus. Do the campus stores offer financing as well? If so, how soon shall I receive my computer?
- ANSWER:
QUESTION:
does this sound like a good and simple idea for financing your college bills?
buy a cheap house close to the school with 2 or 3 rooms and then rent it out to other alumni and with that money pay the mortgage and taxes? if not why
- ANSWER:
  Sounds like a good idea, just do your research before commiting. There are lots of legalities when dealing with a tenant, plus tenants usually leave a place in worse condition than they got it. The loan may be a problem, assuming your age and income. Plus, you'll want to have enough in your emergency savings to cover the mortgage payments if a roommate doesn't pay rent on time and pay for repairs. Build a budget and start saving now; you'll want at least 3 months' expenses in savings just in case an emergency happens (6 months' expenses in savings would be better).
QUESTION:
What car would you recommend financing for a college student?
Im looking for a car to finance in the ,000 to ,000 range
- ANSWER:
  I wouldn't recommend that a college student finance any car. This time in your life is not good for acquiring debt. You have more important things to worry about. Go to the personal finance section and look at all of the questions that start along the lines of "i was stupid in college and borrowed money for car. now i have so much debt that bankruptcy is the only way out." i would highly recommend paying less than that for a car and doing so with cash. After you're out of schools and employed, i'd consider upgrading the vehicle. But now is not the time for debt.
QUESTION:
My anna university BC rank is 2881 in which best self financing college would I get CSE?
My overall rank is 5137
- ANSWER:
  ssn, st josephs, panimalar r good... i guess u can get cse n any one of these
QUESTION:
Calculation of divorced parent's income re: college financing?
I am divorced with three children. Next year the eldest will be heading off to college. How, if at all, is the income of the non-custodial parent figured into needs formulas for college financial aid/loans/grants?
- ANSWER:
  Shadow:
  
  Suba's response is only partially correct - the actual answer depends on FAFSA regulations, and even on the specific school.
  
  When an applicant completes the FAFSA, he/she is required to provide the financial information for the parent that they lived with most frequently during the 365 days immediately prior to completing the form. If that parent has remarried, the applicant must provide income information for the step-parent, as well, regardless of whether or not the step-parent provides financial support.
  
  In the rare event that the applicant lives with both parents equally, he/she must provide the financials for the parent who provided the greatest amount of financial support over that 365 day period.
  
  So - from the perspective of FAFSA, the non-custodial parent's income is generally not taken into consideration - though it's possible that a child could voluntarily choose to live with the non-custodial parent, making that other parent's income countable and relevant.
  
  It's also important to recognize that certain schools DO look - independently - at the financials of the non-custodial parent when the biological parents are divorced. I don't know of any public, state universities that do this, but there are quite a few private schools that use the CSS/Profile financial aid application to supplement the FAFSA.
  
  The CSS/Profile has a "Non-Custodial Parent" section that must be completed, and many of these schools take the information reported in that section of the application quite seriously. The non-custodial parent is required to provide income info, bank statement info, mortgage info, business info, just like the custodial parent.
  
  So - yes - as Suba has told you - the "general" rule is that the non-custodial parent's financials are not used to determine financial aid eligibility by the US Department of Education, but if you're looking at private schools, they very well may take the other parent's income and asset information into account in evaluating the need for financial aid.
  
  Good luck.
QUESTION:
Financing college for Math Teacher?
I currently am en route to become a Math teacher, and I am trying to figure out how to finance a way through college. I currently live in Texas, and have looked at the (crappy) website and found nothing of use, except Teach for Texas.

Where can I go for additional funds?

I need all information available. Thanks.
- ANSWER:
  Of course theres your FAFSA if you havent done it do it!
  Then talk to your colleges financial aid office about grants, and tuition assistance. Your financial aid department has access to all the programs available to you, and will help you figure out what you qualify for.
QUESTION:
college financing with universal life policies?
looking at financing 4 kids through the next 10-12 years of college-one strategy is to cash out equity in home and other funds and move to a cash value policy to "be your own bank"-provides sheltering of assets to improve financial aid, tax advantages, etc-worried about costs, fees- anyone doing this successfully
- ANSWER:
  I would not use life insurance to save for college expenses. They have very high fees and are not designed to save for college.
  
  If you are saving for college expenses, you should take advantage of federal tax breaks aimed at families saving and paying for college. These include the following:
  
  Qualified Tuition Programs (529 plans)—Earnings grow tax-deferred and distributions are tax-free when used for qualified post-secondary education costs.
  
  Coverdell Education Savings Accounts— Earnings grow tax-deferred and distributions are tax-free when used for qualified post-secondary education costs. May also be withdrawn tax-free for primary and secondary school expenses.
  
  However, don't invest more in these than you child will need for college. There are tax penalties for non-educational withdrawals. Additional funds should be invested in a UGMA or UTMA.
  
  For more information read this link, where most of this information comes from:
  
  http://www.savingforcollege.com/
QUESTION:
As a returning adult student to college would I get better government financing living on or off campus?
I ask this question as I am considering if I should pursue a community college at less immediate cost or try to finish my three years out at a four year college. Can I get money for room and board, so to speak, if I'm living off campus, or does that go away when you choose not to use dorms? How does this work for Seniors who live off campus, for example?

Thanks.
- ANSWER:
  Where you live is not taken into consideration in terms of how much funding you can get. They put all of your aid from all sources (loans, grants and scholarships) into your student account, pay your tuition and fees (and dorm expenses if you live off campus), then they disburse the rest to you directly to be used for books and living expenses. So if you have 00 in aid for a term and your tuition and fees cost 00 and you live off campus you will get 00 back. If you live on campus you will get less in your pocket because they will just use your 00 to pay for the dorm costs. Hope that helps!
QUESTION:
Does anyone know of financing for college for young mothers who have graduated high school(age 18 when startin
Young mom will be graduating high school in June and is looking to go to college to become an RN.Looking to see if there is financing or programs besides filing for OSAP
- ANSWER:
  Other than OSAP, there is not a lot. If you are on OW now you might ask them for funding, but normally they only fund ,000 or 6 months and they make you apply for OSAP first.
  
  If you were on maternity leave, you might be eligible for EI funding but again they will not fund a program over 1 year and the chances of you getting what you want are slim.
  
  You can go to www.scholarshipscanada.com and see if there are any other sources of funding for someone in your situation, but I'm afraid that OSAP is the only game in town.
QUESTION:
What financing options do I have for college?
I can't get any more FedAid and due to financial circumstances in my family, my parents can't cosign a loan for me. I don't want to put my grandparents into any uncomfortable situations with their finances, but I need a sizable loan. Do I have any options?
- ANSWER:
  Did you file the FAFSA? If so, see if you are eligible for pell grants and other types of grants. You don't have to pay back for grants, because it's free money; but you do have to pay after you graduate from college if you get any loans. Try to find out if there are any scholarships available through local organizations in your community as well.
  
  PS Also look on the internet, there are a lot of loan sites with information on it.
QUESTION:
Where can I find the best college financing?
- ANSWER:
  It really depends on what you're looking for and how much effort you are willing to put in.
  
  Scholarships would be the best financing, but require applicaitions, essays, and so on. Start here: http://www.fastweb.com
  
  Federal aid is awesome, especially if you can get grants. The loans are good, too (low interest rate, grace periods, etc.). Start here: http://www.fafsa.ed.gov
QUESTION:
What are some of my options for financing my 18 yr. old daughters college education?
She has been accepted a few UC schools ( California) and University of Arizona.
- ANSWER:
QUESTION:
will i get an MBBS seat in self financing colleges in TN?
I selected Sri Krishna college,coimbatore for engineering. what abt the college & what is the procedure for joinin the medical college in second phase of counseling?My cutoff is 192 & i belong to MBC.my comm. rank is 600 in revised list.will i get an MBBS seat in self financing medical college?
- ANSWER:
  Def you'll get a seat in a self financing college. That's because, 2 new Govt colleges are added now and i believe 4 more self financing colleges have been approved to enter for counseling this time, that makes a lot of seats (Latest information as told by tn health minister is that there are 225 seats in Govt medical colleges and that is coming up in the forthcoming counseling session.)
QUESTION:
financing college question?
how can I get money to finance the rest of my college? I'm going to be a senior, its a private college, my federal loans dont cover everything. I cant seem to get a private loan because i do not have a credit-worthy co-signer.
- ANSWER:
QUESTION:
besides federal loans, what is the best way to finance college?
i'm going to be attending a small Bible college, and they dont accept federal loans. its only ,000 a year, but i still need some help financing it. i've checked banks, and its not listed in their list of schools, so i cant take out student loans from banks either. i dont have very much money saved, and my parents cant help me. Any suggestions? thanks
- ANSWER:
  check with your credit unions and you will need a job to pay this back if your parents can't pay. also see if your college can take a monthly payment from you because of your situation.
QUESTION:
I defaulted on my student loan, i would like to attend college again. What are my options for financing?
I am a server, In chicago. No possible cosigner for private loans. Mid to lower credit score and without a clue as to how to finish school.
- ANSWER:
  If you are currently in default on student loans, particularly federal student loans then your best course of action is to rectify your default status before attempting to go back to school.
  
  If you are in default on federal student loans you can work with your lender/servicer and request a loan rehabilitation plan that will allow you to make 12 consecutive on time monthly payments. Upon completing this your loans will be returned to regular repayment status and you will regain all of your federal loan benefits such as deferments/forbearances.
  
  If it is with a private lender you will have to work with them or their collection department. It might have less options, but you still need to take care of these past issues before going out and collecting more debt.
  
  Good luck!
QUESTION:
Is there special financing for adult wanting to go back to college?
Everywhere I look it is for new graduates from High School. I am a full-time worker and would like to find help for adults so I don't have to borrow money for my education.
- ANSWER:
  Adult students often face a Catch-22. If you remain employed and go to school part-time, you probably won't qualify for much need-based aid. But if you quit a good job and go back full-time, you still may not qualify--at least in your first year--because aid formulas are based on past income (your 2005 income, for instance, for the 2006-07 academic year).
  
  You should still apply for aid (http://www.fafsa.ed.gov/) and--once you receive an aid offer--ask your school's financial-aid officer to adjust your award if your income will drop when you return to school. But you should also cast a wider net. Free online scholarship searches, such as Fastweb .com, tend to be aimed at traditional students, but they do include awards with no age restrictions. Essay contests, in particular, tend to be open to anyone.
  
  A few scholarships specifically target adults. The Business and Professional Women's Foundation (www .bpwusa.org), for instance, sponsors scholarships for women over age 25 with financial need. Similar awards can be found in Peterson's Scholarships and Loans for Adult Students (.95). Most of the listings are for students in specific fields or residents of specific states. Also ask a financial-aid officer whether your school sponsors any scholarships for nontraditional students. For example, the University of North Carolina at Charlotte offers 33 need-based scholarships, averaging ,000, for adult students seeking undergraduate degrees.
  
  Finally, if little free money turns up, there are many lenders that will help you finance a degree. Sallie Mae lends student borrowers with excellent credit up to the full cost of college (less any grant aid) at the prime rate plus 0.5 percentage point (10% now) and a one-time 3% repayment fee. (Rates are higher if you have poor credit.) At 8.2%, federally backed Stafford loans are a better deal. You can borrow ,625 as a freshman, ,500 as a sophomore and ,500 each subsequent year.
  
  http://66.109.241.150/unionplus/scholarship.html - Site describes more than million in scholarships, with details about eligibility, application deadlines and contact information.
QUESTION:
How do I finance college with a family to support?
I know there are options to help single moms, single dads, singles, military personel etc, but how do I finance college when I have a reasonable income but the expenses of a family to pay for (daycare, mortgage, health, transportation, education etc)

When I have tried in the past to get loans or scolarships it seems my income is the only thing that is taken into account which is modest at best. There simply isn't much left over at the end of the month and that's not including if I'll make less because I'm in college.
There has to be a way that I'm just ignorant of and I would welcome any thoughts.

Blessings,
Maria
- ANSWER:
  Some colleges and universities offer courses through the mail. I did this myself through the University of New York College at Brockport. It was a first semester calculus course. I found it advantageous because I could fit my study time around my work time, There were several lessons with problems to do when I completed each lesson I sent it in and got it back with my grade for the lesson. Written questions were also answered with regard to the lesson material. Correspondence college courses are and excellent substitute for on campus classes, in the subjects of English, Composition, Literature, History, Business, Accounting, Math, Psychology, and Sociology. Some colleges and universities also have course in Education that can be taken by correspondence. Some courses such as Art, Music and Sciences, are better taken on campus.. There is a national center for information about correspondence course at colleges and universities. As I recall it is located at the University of Minnesota at Minneapolis. I hope you find this information helpful, the point here is that correspondence course allow you to learn and study at you own pace and at time that are convenient, which helps minimize distractions. (Some colleges an universities now offer courses on-line, this also may interest you.) I prefer a book !!!
QUESTION:
Where can a college student get financing with no credit and no cosigner?
- ANSWER:
  Do yourself a favor. Goto bank of america with 0 and sign up for the "Partially Secured Card". It's 100 down with a 0 limit.
  
  Use the card frequently, pay on time. and in 6 months or less you will have great credit
QUESTION:
Can you mention some merits and demerits of self financing colleges?
Please mention some merits and demerits of self financing colleges. It is for a debate. If you can, please focus on the current events in kerala.
- ANSWER:
  +
  No debt! Saves thousands of dollars in loan fees.
  Personal responsibility
  Feeling of accomplishment
  You will not have to sacrifice as long later to pay the bills after you graduate
  
  -
  You have to work (life is like that)
  Not as much time for fun (poor baby)
QUESTION:
My daughter will start college next fall, college costs 50K. What is the bet way for financing?
- ANSWER:
  Either you or your daughter can apply for financial aid, even if you don't receive any free money, they sometimes can get you into a good loan that you don't have to pay interest until after graduation.
  Good Luck
QUESTION:
im 17 and need financing for college we were denied at wells fargo moms debt is more than her income?
i want to go Dubuque university to study aviation, we were sent out a packet for financing, our first pick was Wells Fargo because its he first name we recognized. I needed a co-signer because im only 17, my birthday is Dec.24. All the other places' websites stated that I need to be 18. I called the school and the person in charge is on Vacation, HELP!!!!! any suggestions...
- ANSWER:
  Okay, the other advice is absolutely correct.
  
  When it comes to financial aid, you always start with the federal government. They are absolutely your best friend in this instance. Their money is easy to get, "cheap", and flexible - private lenders like Wells Fargo are for the left-over that you and your family's finances can't manage.
  
  Read the pamphlet I've attached below, and share it with your mom. It explains how the federal government's financial aid program works. This isn't like applying for food stamps for poor people - EVERYONE looks to the federal government for college financial aid.
  
  You start the process by completing a Free Application for Federal Student Aid - better known as the FAFSA. You're sending this info to the US Department of Education, and they'll figure out just how much you and your parents can be expected to contribute to your educational expenses.
  
  The end result of this analysis is a number called your Expected Family Contribution - and the Department will send that figure to your school's financial aid office. Once they have that information, your school will figure out what financial aid you can qualify for, and they'll send you a financial aid offer letter, telling you all about it.
  
  Unlike private lenders, like Wells Fargo, the federal government's lending program does not require a credit history, an income, or a cosigner. Pretty good, huh?
  
  On top of that, the loans that you'll get from the government's lenders have lower interest rates, give you more time to pay, allow you to postpone payment if you experience financial hardship, and can, in some cases, be "wiped clean", if you agree to enter certain kinds of occupations.
  
  Definitely start with this brochure and the FAFSA, and THEN worry about figuring out how to come up with any other money that you need.
  
  Good luck to you!
QUESTION:
Financing College Education?
Hi I'm a 2nd year college student, And I'm already in debt, about close to ,000. I don't want it to get any higher. What I keep saying is that once I leave college, I own a nice new car, I 'll be in so much debt. I don't want that. I need to get scholarships, I need to stop taking these loans.

I've got an account on Fastweb, and another scholarship site. The thing is I'll print out all the info and everything, but I never fill them out. I always wait and then the deadline passes. Does anyone have any tips on how to break this self defeating cycle?
- ANSWER:
  yeah i've had this same procrastinating problem. you need to schedule a specific date and time where you're going to fill out as many forms as possible in one sitting and send them off. If that doesn't work keep showing yourself your huge debt on a regular basis, that'll remind you that's it time to stop wasting time.
QUESTION:
can you show the 200 self financing college in tamilnadu?
- ANSWER:
QUESTION:
Easy 10 pts - parents financing kids' college?
Anybody tried any of these?

http://www.helium.com/tm/712597/financing-childs-college-education

Do they work well, and can you do it on a limited amount of time? Any advice will be helpful - and I'll give 10 pts to somebody. Thanks!!!
- ANSWER:
  Nobody can control your money better than you can.
  
  What is suggested there is a planning for the next 20 years. Do you have a crystal ball to know what the cost will be then or how any government funded or supervised institution will perform? I don't but most of all I don't trust them. Look how many people trusted their retirement portfolios managed by somebody else, today not being able to retire, flipping burgers at fast food joints.
  
  The very best way to finance your children's education and your future as well, is to develop your own business that will produce residual income on ongoing basis, with you being involved or not. (Yes, businesses like that do exist but in order to find out about them one must abandon his/her employee mentality)
QUESTION:
College financing options in Ontario, Canada?
I went to college 2 years ago, took police foundations in the first semester, and computer engineering in the second semester. I failed both courses due to depression and general chaos in my life. The cost of the failed courses set me back over 00.00 dollars, of which I have paid off about 5000.00. I really, really want to go back to school, but my financial options are limited. Getting rid of my student loan has been expensive, I am not sure how my credit rate is doing, but Im confident it isnt doing well. My question is : what options do I have for financing my education after screwing up so badly? I live in Ontario, so OSAP is the loan I had before. I dont know if they'd finance me again. I dont think I could save up more than 2000 dollars between now and september, and my friends have advised me not to go to work while I go to school. What do you guys think?
- ANSWER:
  You may be able to get OSAP again. Over your lifetime and based on getting your first OSAP about 2 years ago, you can receive 340 weeks of OSAP funding. So I bet you have not used up 340 weeks of funding.
  
  Your problems with getting OSAP are going to be:
  (1) what is the status of your current loan? Is it in good standing (ie you have been making regular payments and the loan is not in collections?) If it is, then go to item (3)
  
  (2) if your loan is not in good standing, then you can contact NSLSC and ask for "loan rehabilitation". Generally speaking you would be required to make at least 6 months of regular payments and then they would move your outstanding loans into "good standing".
  
  (3) are you on academic probation? If you started in police foundations, changed to computers and failed both, then you probably are. You have to write a letter explaining why you chose police, what happened, why you thought computers would be the answer, what happened, what have you been doing since then, what do you want to take now, why do you want to take it, what are your career goals. Then you have to supply documentation to support the facts you state in your letter. You must also provide transcripts for both programs and job postings showing that there are jobs available in the program you are going into. You must also explain how you are going to repay your loan when you are finished school. The school that you are going to may have to write a letter of recommendation -- if so, you will have to impress the financial aid officer at the school that you have changed and you are now determined to complete the program.
  
  (4) and finally -- what is your credit like? In the last 3 years have you had 3 or more accounts worth more than 00 that are more than 90 days in arrears? If so, then you are likely to fail the credit check. There is an appeal process for that. See the financial aid officer at the school you are planning to attend.
  
  In fact, you should start by checking the OSAP website and doing as much research as you can. Then make an appointment with the financial aid officer. Speak to him/her and tell them about your past history with OSAP. Bring your transcripts with you. Be serious. Listen carefully to what they tell you to do. And then do it. Most FAOs are really busy so they can't do stuff for you -- you have to do it for yourself. But if you make the effort, most FAOs can find 15-30 minutes to go over your letter and other stuff and tell you if you need to add/change stuff. They can generally make a pretty good prediction about whether you will be successful.
  
  Good luck!
QUESTION:
College financing options?
I'm a 21 year old who didn't go to college right out of high school. I'm out on my own now, and ready to take the plunge into continuing my education. I need a little help with financing though. Most scholarships are designed for high school seniors, and I have found it difficult to come across one that is not. I'm a little wary of taking out loans or grants, as I've just repaired my credit and do not want to ruin it again. I have heard that Obama had passed some bills regarding financial aid, but I have yet to look into that.
Could anybody help me out? I'm sure I'm not alone in this.
Just a few links or words of wisdom would be great
Thank you in advance!
- ANSWER:
  Heather!:
  
  There are a few important concepts that you need to understand before you can begin. A lot of this information is probably not what you wanted to hear, but all of it is important for you to know about.
  
  1. Because you're only 21, your financial aid eligibility is going to be based on your parents' financial circumstances. I know that you explained that you're "on your own", and I have a lot of respect for that, but the rules of the aid system will consider you to be a financial aid dependent until you turn 24, get married, join the military, or start supporting children of your own. It doesn't matter that you don't live with your parents, it doesn't matter that they don't support you, and it doesn't even matter if you get along with them. It also doesn't matter if they declare you as an income tax dependent - same word - entirely different meaning.
  
  2. If you're not interested in loans, you're not going to find very much financial assistance for college. Loans ARE the predominant form of financial aid - it's the only form most applicants qualify for, and pretty much every financial aid package includes them.
  
  The government-backed Stafford lending program is the best available type of student loan for most students. The interest rate is low and fixed, and you don't have to answer any questions about your income, assets, debts or credit history on the application. The fact that you've repaired your credit or that you had bad credit to begin with will have no impact on your loan - you'll be "approved", no matter what - and everyone pays the exact same interest rate. Perhaps the best news is that you don't have to begin repaying the loan until you've been out of school for 6 months.
  
  If you're wondering why the financial aid system is centered on loans, it's because financial aid money is mostly taxpayer money. Before you can expect your fellow taxpayers to help you pay for a college degree, you have to be willing to invest in your own future. The government makes generous loans available to everyone, regardless of their financial circumstances or credit history - and tops it off with some "free" money for those applicants who are economically disadvantaged.
  
  3. President Obama has not created any programs to provide money for students who want to go to school. If you remember your civics and American government, you might recall that the President of this country does not have the power to create programs and spend government money. Though the President supports higher education, and has made it an administrative priority, it's the Congress that creates programs and budgets for them.
  
  The Congress has not created any new programs for students - though you may have heard things about grants for mothers, or older students, or women, or whatever. What Congress DID do is increase the funding for already existing programs. The best example is the Pell Grant - a program that increased its awards by several hundred dollars this year. If you qualify for the already existing programs, you'll get more than you might have received in the past - but there's nothing new in the world of financial aid this year.
  
  The best possible reference for you is the US Department of Education booklet that I've linked below. It explains the entire aid system - and has all the info you need on how to apply. I hope it helps you and I wish you the best of luck!
QUESTION:
college financing... help please!!!?
I am currently a senior in high school. I got accepted to RIT for the fall semester, but I have encountered a rather large hiccup in the college financing department. My parents make too much to get federal money and the school is covering very little. all in all I still have to pay back 29,000+ a year. My parents are willing to contribute ,000 a year and will not cosign on a private loan (due to horror stories of kids not paying their loans back and sticking the parents with the bill). I myself do not have credit history and have applied for a credit card. 2 months of credit history before school is clearly insufficient. I have applied for 80+ scholarships on various websites, written dozens of essays, and to no avail. I cant think of any other financial avenues that have not been explored. Any advice or reference is much appreciated. Thanks.
- ANSWER:
  You tried fastweb.com right, as part of your scholarship rage lol.
  
  Subsidized loans from FAFSA is the only thing I can think of...
QUESTION:
what accredited online college is the most legit?? And how exactly does it work for financing financial aid?
I am trying to take a few courses online until next fall but I have no idea where to start looking! I have started to look online for some accredited colleges but everything seems like a scam!! HELP! =/ I am just more concerned with taking prerequisite classes such as math and english.
hey sorry i forgot to mention i live in the boston area!!!
- ANSWER:
  Salm:
  
  To be honest, your best bet might be right under your nose - one or more of your local schools or state universities probably offers its own, fully-accredited, totally legitimate online courses. There are two things that are really great about that option - one, is that these courses would be much, much cheaper than any of the big-name proprietary online schools that spend so much money on their marketing campaigns, and two; you'll be able to access personal, one-on-one assistance (if you need it) at a nearby school, as opposed to online chatting or phone conferences with the professors at the far-away universities.
  
  Say, for example, that you live in Wisconsin (sorry, but you didn't mention where you're from) - the University of Wisconsin offers a course in College Algebra (MAT 110) entirely online: http://distancelearning.wisconsin.edu/course_info.cfm?id=2033&source=1&startrow=1&subid=199&del=206&semester=31
  
  Online course tuition is 5 per credit - so this 3-credit course would cost you 5, plus some various one-time fees and the cost of your textbook. I can assure you this is considerably cheaper than the better-known online schools, like University of Phoenix.
  
  Call some of the local schools and ask about their Distance Learning opportunities. One of the nicest things of all is that you won't have any problem transferring these credits - problems do have a tendency to pop up when you're trying to transfer some of these other online credits to brick and mortar schools.
  
  I hope that helps you - good luck!
QUESTION:
how to go to college while financing a car?
I'm 19 and currently working at a local machining company and would like to further my education outside of the machining background. I financed a 2004 chevy blazer and have 6 years to pay for it but have know way to pay for it if i leave my job. I know nothing about scholarships or grant or anything as such. Im hoping to be enlightened.

thanks
- ANSWER:
  Unfortunately, the maximum amount allotted per year for loans, grants, and probably even with scholarships, will not be enough to make a monthly car payment. I would suggest going to school part-time and working part-time. You will be able to get financial aid to pay for your school, but probably not much else. Check with the financial aid office where you'd like to attend, and they can help you. I wish you luck, and sincerely hope you do further your education. There's no better investment than the one you make in yourself!
QUESTION:
i have took EEE in goverment college but my mom wanted me to take ECE in an self financing college,is EEE good?
should i have taken ECE...
HAVE I DONE A MISTAKE ???
- ANSWER:
  There is no mistake. Your selection looks good.
  Govt. colleges have reputation compared to private ones in job markets.
  As the earlier answerer said you have saved a lot to your parents as well.
  Good luck
QUESTION:
What are some ways to finance college completely on your own?
My parents, who combined make about 0,000 annually, suddenly decided to stop paying for my college education. This means I don't qualify for any need-based financial aid, so I didn't bother filling out a FAFSA this year. I go to UCLA (and currently commute there), so I pay about 00 for tuition, 0 for books, 0 for parking, and maybe 0 for gas a quarter, not including miscellaneous expenses. I really wanted a double major in biology and geology, but I can see that dream crushed, as I don't have enough money to pay for the extra units.

Is there some way that I can loan out enough money to keep me going for the next three years? Is it a good idea to become a part-time student and work like crazy to pay off my loans? I'm so lost and confused.

This problem keeps me awake at night. Thanks for any and all replies.
- ANSWER:
  Yes, there is a way to finance a college education.
  
  First, a part time job can help pay for gas, parking expenses, and books. An idea is to find one either on your college campus, near the college campus, or close to your home to save on gas expenses. Do not be afraid to look at the college website for campus' employment section or at the student career center. Both are wonderful resources for looking for jobs.
  
  Second, it is not too late to apply for financial aid from the federal government. However, it is too late for this quarter. However, there is a chance you could have it in place possibly before the next quarter, but there is no guarantee that will happen.
  
  Finally, start applying for scholarships and grants on the web. There are websites devoted to listing college scholarships. However, this takes time to find out if you will receive one. Just remember, to pay attention to what is on the organization's website before applying. It can give you valuable insites about the organization which can enable you to have a better chance of getting a scholarship.
  
  Good luck!
QUESTION:
What are some good ways to finance college?
I really don't want to resort to getting loans so that's out of the question. I do have a part time (I just started though) and I'm trying to get my hands on some scholarships but if I don't manage to, what are some other ways to pay. The college I've been accepted to asks for about 22G a year.
- ANSWER:
  Apply to as many scholarship programs that you can.
  
  Also, make an appointment to meet with the financial aid department at your school and ask them what you can do to get as many loans, grants and scholarships as possible.
QUESTION:
I am a college student with a part time job. Is it possible for me to get a condo with financing?
The condo's start out at around 0,000. My rent is 0 a month right now. I really think that this rent money could be used more efficiently for mortgage.
- ANSWER:
  It doesn't matter if you are a student and have only part time job. What matters is your credit score and how much money you have saved and how much you make (some people make more working part time, than other people working full time.)
  If you have good credit score and can put some money down, you can get financing if you make about ,000 a month and your job is secure.
  Be careful not to fall for some "creative" financing offers you get online.
QUESTION:
I attened Jr. college here in California. I want to go to a college in Canada, how does the financing work?
Can student apply for loans? Can I get a loan here in the States to pay for my schooling in Canada?
- ANSWER:
QUESTION:
Financing College!!! Help!!
I am entering my first year of college, and I find its a lot more challenging to pay for than I thought. I have been a straight a student since freshmen year. I also have been the photographer for the yearbook, winner of Women in the director's chair competition, apart of the knowledge bowl competitions at my school and participated in college courses for about two years before i ever became a college student.
Yet despite this, I cannot find scholarships at all!! FASFA will not help because of my mother's income, but my father's medical bills are piling up and we can't afford both! I also haven't recieved any scholarships from fastweb.com even though i submitted hundreds of applications!!!
I have the brains, now I need the money!!! Even I can't figure this one out!! Help!!
- ANSWER:
  You should try talking to the financial aid office to see if they have any kind of special conditions application you can fill out.
  
  Also talk to them and the counseling center to see if they have any institutional or outside scholarships you could apply for.
  
  It sounds like you are extremely busy, but maybe get a student work-study job.
QUESTION:
International college student financing?
I'm a high-school senior, foreign exchange student from Serbia with a GPA of 4.0 (taking 9 classes) and a vegetarien. I got accepted to college, but the scholarship I got covers only about the half of the tuition. I can't apply for FAFSA or anything like that cause I'm not a citizen, but I still need to pay about $ 20,000 more. Anyone knows something that could be helpful? Thanks!
- ANSWER:
  Here is a site that provides a searchable database of international financial aid and scholarships. Might have something your eligibe for.
  
  http://www.iefa.org/
QUESTION:
How should I handle finances in college?
I'll be starting my first year of college soon and am wondering what's the best way to handle finances. I have a savings account. Should I open a checking account? This would allow me to get a debit card, right? I already have a credit card that is linked to my parents' account, but it's for emergencies only. If I use if for anything else, I must pay them back within 30 days. Should I get my own credit card or debit card? How did you manage your money in college?
- ANSWER:
  transfer everything into a checking account where they do not charge any fees if you have a certain amount in there. then close the savings account.
  this will make it soooooo much more easier for you to make online payments.
  don't use the credit card!
  
  BTW textbooks are so expensive. i spent ALOT OF MONEY on mine so far :/ so just a heads up
  
  chegg.com is really cheap for textbook rentals and if you use PROMO CODE "CC130874" you save more if you decide to use it! i strongly suggest that website.. i used it and saved alot
QUESTION:
Help with financing college?
I am a senior in high school, and I plan on going to my local community college (Johnson County Community College in Kansas City) for two years, then transfering to either KU or K-State to finish up a 4 year degree in Business Adm. My parents are divorced but I primarily live with my mom who is currently on disability income (social security). What should be my best option for going after financial aid? We have little money to spare to right now, and I didn't know if I should go to FAFSA first? Or what?
Any help is greatly appreciated!
- ANSWER:
QUESTION:
Different ways to get financed for college?
I have recently been denied on several loans with a cosigner for college funding because my parents, unfortunately, have a very low score. What are some suggestions for trying to get banks to finance my education.
- ANSWER:
  Sometimes, having a cosigner is bad, if the cosigner has bad credit. Try applying for the same loans by yourself.
  
  Also, if you did not do this FIRST, try the FAFSA.
  
  www.fafsa.ed.gov <-- That is the federal student loan application service site.
  
  Also, call the financial aid department of the school you are applying to. Every school should have this department. If the school you are applying to does not, you probably don't want to go to that school.
  
  Last, you may just have to tough it out and WORK while you go to school. good luck.
QUESTION:
What are the best options for financing college for a kid with a single parent?
I am a biracial male high school senior with a white single mother and we are classified as middle class. I want to go to Ball State Univ., if I do get accepted there I will get in-state tuition. I have worked a summer job at a theme park since I've been 14. I make good grades in the B range about 3.4 GPA and I am pretty active. However, I am having difficulty finding scholarships and I feel discouraged about paying for college. Is there anybody with a single parent who has been successful with college and can give me advice?
- ANSWER:
  You should talk to your high school guidance counselor about state and local scholarships that you are eligible for and how to apply for them. Then fill out the FAFSA on the web. Since you are lower income student, you should be eligible for federal and state grants which are like gifts of money that do not have to be paid back. If that doesn't cover the full amount of tuition, you would be eligible for a federal subsidized loan. Yes, you'd have to pay it back, but since it is subsidized, the government pays all interest on the loan while you are enrolled and attending college classes. Plus, you do not have to start repaying on that loan until 6 months after you graduate. Make an appointment to see your guidance counselor, he or she can give you any further details.
QUESTION:
URGENT: Where can i downlaod for free; a grant application for college financing????
I am a college student and i am desperately looking for places to help me finance my college education. I have taken out the stafford loan and Plus loan and even a few scholarships but there is only so many scholarships that are awarded to me i have bought many grant oppourtunity CDs and DVDs but to no avial I keep hearing of a grant application that i can fill out that might be able to help me to pay for college but i have no idea where to look and even when i think i have found a website where it can be downloaded i am hesitant to rely on it because i am not sure if it is legitimate.

PLEASE if anyone knows anything at all about how to acqurie a government grant form or grant from a Cooperation PLEASE let me know ihave been trying on my own to no avail and i am very frustrated and i feel defeated. anything at all would be greatly Appreciated
- ANSWER:
  Check out Federal Student Aid Web Site or FAFSA http://www.fafsa.ed.gov/
  
  I suggest you explore all federal funding and grant options at the Federal Student Aid website http://federalstudentaid.ed.gov/
  
  You may also want to read the Handbook of the Pell Grant -- this is an 86 page document that contains everything about the grant
  http://ifap.ed.gov/sfahandbooks/attachments/0203Vo3MasterFile.pdf
  
  Or you can call the Federal Student Aid Information Center http://www.ed.gov/programs/fpg/gtepfpg.pdf at 1-800-433-3243 and ask them if there are any programs for women of your age
  
  Aside from FAFSA http://www.fafsa.ed.gov and Pell Grant http://www.ed.gov/programs/fpg/index.html , you may want to explore private foundation grants
  
  Also check out Fastweb http://www.fastweb.com
  
  For private grants, you may want to check the Foundation Center's Foundation Grants for Individuals Online http://gtionline.fdncenter.org . It's a subscription based website (.95 per month) and their opening blurb says that the database is ideal for "students, artists, academic researchers, libraries and financial aid offices." You may be able to find grants from private foundations.

College Financing

September 29, 2011 - Posted in Uncategorized - Permalink

WMI is a great way to monitor any windows based application or server. You can use all sorts of performance counters to make sure that your servers are running smoothly and it's pretty easy to use. Today, you'll learn how to get set up quickly with a free tool called WMI Monitor.

Run the executable for WMI Monitor. When you do this for the first time, you will be shown a wizard.
After the main wizard screen, hit next. At this point you should put in the specific name or IP address of the server that you want to monitor. Also, you will need to enter authentication credentials for the server in question.
WMI Monitor is now going to ask you what you want to analyze. It comes with a pre-packaged set of monitors. You can also visit thwack to access user-created application monitors, or customize your own by browsing WMI counters. For the purposes of this tutorial, let's go ahead and make our own.
This option will bring you into the WMI browser. Use the filter option at the top to grab only formatted performance counters. Expand out total processes, and then grab a couple of these (for example, Handle Count and Thread Count). Hit Next.
You'll see your choices in this window; hit Start Monitoring to start collecting data. You can expand out your processes for more detail.
Hit Settings (gear icon on the top right) to go back and modify your choices by clicking on the Pencil icon in the Settings menu.
Hitting that Pencil icon will then allow you to change the name of your process, perhaps to make it a bit more memorable for you. You can also change your data query if you want right below that. At the bottom of this screen, you also have the option to set your thresholds. This will allow you to be a bit more detailed on the data that comes in.
Hit OK to leave this window. Also note that in the main Settings screen, you are able to change the name of your group of processes.
Once you hit OK to leave the Settings area, you may notice your processes have changed in color based on the thresholds that you have set.

Frequently Asked Questions

QUESTION:
college financing?
i need to know when do you get the loans for college. do you register for classes first and then get loans or do you get it before.

i also need to know can you get federal loans if your parents never filled out the fafsa
- ANSWER:
  You have to complete the FAFSA first before you can get any kind of federal aid. For private loans, most lenders are going to require that you be enrolled before sending any money.
  
  If you are an Independent student (over 24, or married, or have a child, or a veteran of the armed services, or a grad student) then you do not require your parents to complete the parental information on the FAFSA.
  
  However, if you are not any of the above, then your parents information must be provided to obtain federal aid. If there are extenuating circumstances (an incarcerated parent, for example) then you may be able to have a dependency override done through your financial aid office, and thus not have to use your parental information. However, most schools will not do a dependency override if you can't obtain your parental information just because you are live on your own, for example.
  
  Talk to a financial aid officer at your school/the school you wish to attend for more information/guidance. Good luck!
QUESTION:
best book to purchase for college financing; scholarships/grants?
I am looking for a book on college financing, particularly grants and scholarship opportunities.

Any suggestions?
- ANSWER:
QUESTION:
Best College financing program that i can pay back after graduation.?
I am not looking for financial aid or a govenrnment program because i already know in my state i dont qualify but i was wondering if any one knows a good finance program that i can pay back after i graduate with a (low or lowest) intrest rate possible?

Also is it like a credit card thats specifically for school or how does it work?
- ANSWER:
  Have you try to get a scholarship? If you can get a scholarship then you don't need to pay it back in the future. Maybe you can try to go to
  http://all-about-scholarship.com
  it's about scholarships information.
  Good luck
QUESTION:
Which option is optimal for financing college?
I have a substantial amount of money saved up for college (over 20k).
Is it wiser to use that money and pay off as much as possible now, OR
not touch that money and continue to work and save up, but take out student loans?

Essentially, my question is: Pay most of it now and be relatively debt free or take out student loans but have a massive cushion saved up.
- ANSWER:
  It is always best to delay taking out student loans for as long as possible. I always say avoid taking out loans for your first two years. This is when most people drop out and it stinks to be a college dropout and have loans you need paying off.
QUESTION:
College Financing: 529 or something else for short term?
I'm 2-3 years from my first child going to college. I have a 529 that is losing money. Where should I be investing money for the short term goal.
- ANSWER:
QUESTION:
Do College Apple Stores Offer Financing for Students?
I wish to purchase a Macbook. The college I am going to attend has an Apple Store on campus. Do the campus stores offer financing as well? If so, how soon shall I receive my computer?
- ANSWER:
QUESTION:
Calculation of divorced parent's income re: college financing?
I am divorced with three children. Next year the eldest will be heading off to college. How, if at all, is the income of the non-custodial parent figured into needs formulas for college financial aid/loans/grants?
- ANSWER:
  Shadow:
  
  Suba's response is only partially correct - the actual answer depends on FAFSA regulations, and even on the specific school.
  
  When an applicant completes the FAFSA, he/she is required to provide the financial information for the parent that they lived with most frequently during the 365 days immediately prior to completing the form. If that parent has remarried, the applicant must provide income information for the step-parent, as well, regardless of whether or not the step-parent provides financial support.
  
  In the rare event that the applicant lives with both parents equally, he/she must provide the financials for the parent who provided the greatest amount of financial support over that 365 day period.
  
  So - from the perspective of FAFSA, the non-custodial parent's income is generally not taken into consideration - though it's possible that a child could voluntarily choose to live with the non-custodial parent, making that other parent's income countable and relevant.
  
  It's also important to recognize that certain schools DO look - independently - at the financials of the non-custodial parent when the biological parents are divorced. I don't know of any public, state universities that do this, but there are quite a few private schools that use the CSS/Profile financial aid application to supplement the FAFSA.
  
  The CSS/Profile has a "Non-Custodial Parent" section that must be completed, and many of these schools take the information reported in that section of the application quite seriously. The non-custodial parent is required to provide income info, bank statement info, mortgage info, business info, just like the custodial parent.
  
  So - yes - as Suba has told you - the "general" rule is that the non-custodial parent's financials are not used to determine financial aid eligibility by the US Department of Education, but if you're looking at private schools, they very well may take the other parent's income and asset information into account in evaluating the need for financial aid.
  
  Good luck.
QUESTION:
What is the best way to ask for corporate sponsorship for financing individual college education?
Do corporations donate to individuals going off to graduate school? And if so, what is the best approach in drafting letters to these corporations/companies?
- ANSWER:
  fastweb.com is a good resource. So is the financial aid counselor at the school you wish to attend or counselor at your high school. Not all companies grant scholarships. So use these resources to see what companies offer scholarships. A lot of companies offer and students don't take advantage. So even if it 0 take it It adds up! Anyway when you use your resources and they guide you to where scholarships are available, check to see if you meet there criteria, If so the scholarship will advise what they need from you. Good Luck!! Also don't forget FAFSA for Financial Aid
QUESTION:
Financing college education for adult student?
I am looking into returning to college after a 20-year hiatus. The schools in which I am interested are all private schools with tuition in the ,000 per year range. After completing the FAFSA, I have learned that my estimated contribution is over ,000 a year. Does this mean that I should start looking into state schools if I want to do this, since I certainly do not have an extra 12 grand every year to pay for this? The admissions counsellor at the school I am most interested was unable to answer this question, and I would like to know what other people know about this.
- ANSWER:
  If you have an EFC of ,000 that means YOU are expected to contribute ,000 to your education...so you can only receive ,000 in aid if your tuition is ,000. They may have a higher tuition rate for expenses, etc. Unfortunately it means you make too much money. My EFC all through undergrad was 0.00!
  
  I wouldn't talk to your ADMISSIONS counselor but rather a FINANCIAL AID counselor. They can advise you on scholarships you may be eligible for (many private universities have their own scholarships in place). You are probably automatically ineligible for any grants due to lack of financial need (not to say you aren't NEEDING assistance, but according to their formula for determination).
  
  I would DEFINITELY try a state school. Tuition is MUCH less and to be honest...education is just as good (if not better). Unless you are going to Harvard or Oxford...school name means nothing to most employers.
  
  Good luck!!!
QUESTION:
college financing with universal life policies?
looking at financing 4 kids through the next 10-12 years of college-one strategy is to cash out equity in home and other funds and move to a cash value policy to "be your own bank"-provides sheltering of assets to improve financial aid, tax advantages, etc-worried about costs, fees- anyone doing this successfully
- ANSWER:
  I would not use life insurance to save for college expenses. They have very high fees and are not designed to save for college.
  
  If you are saving for college expenses, you should take advantage of federal tax breaks aimed at families saving and paying for college. These include the following:
  
  Qualified Tuition Programs (529 plans)—Earnings grow tax-deferred and distributions are tax-free when used for qualified post-secondary education costs.
  
  Coverdell Education Savings Accounts— Earnings grow tax-deferred and distributions are tax-free when used for qualified post-secondary education costs. May also be withdrawn tax-free for primary and secondary school expenses.
  
  However, don't invest more in these than you child will need for college. There are tax penalties for non-educational withdrawals. Additional funds should be invested in a UGMA or UTMA.
  
  For more information read this link, where most of this information comes from:
  
  http://www.savingforcollege.com/
QUESTION:
does this sound like a good and simple idea for financing your college bills?
buy a cheap house close to the school with 2 or 3 rooms and then rent it out to other alumni and with that money pay the mortgage and taxes? if not why
- ANSWER:
  Sounds like a good idea, just do your research before commiting. There are lots of legalities when dealing with a tenant, plus tenants usually leave a place in worse condition than they got it. The loan may be a problem, assuming your age and income. Plus, you'll want to have enough in your emergency savings to cover the mortgage payments if a roommate doesn't pay rent on time and pay for repairs. Build a budget and start saving now; you'll want at least 3 months' expenses in savings just in case an emergency happens (6 months' expenses in savings would be better).
QUESTION:
Where can I find the best college financing?
- ANSWER:
  It really depends on what you're looking for and how much effort you are willing to put in.
  
  Scholarships would be the best financing, but require applicaitions, essays, and so on. Start here: http://www.fastweb.com
  
  Federal aid is awesome, especially if you can get grants. The loans are good, too (low interest rate, grace periods, etc.). Start here: http://www.fafsa.ed.gov
QUESTION:
What car would you recommend financing for a college student?
Im looking for a car to finance in the ,000 to ,000 range
- ANSWER:
  I wouldn't recommend that a college student finance any car. This time in your life is not good for acquiring debt. You have more important things to worry about. Go to the personal finance section and look at all of the questions that start along the lines of "i was stupid in college and borrowed money for car. now i have so much debt that bankruptcy is the only way out." i would highly recommend paying less than that for a car and doing so with cash. After you're out of schools and employed, i'd consider upgrading the vehicle. But now is not the time for debt.
QUESTION:
As a returning adult student to college would I get better government financing living on or off campus?
I ask this question as I am considering if I should pursue a community college at less immediate cost or try to finish my three years out at a four year college. Can I get money for room and board, so to speak, if I'm living off campus, or does that go away when you choose not to use dorms? How does this work for Seniors who live off campus, for example?

Thanks.
- ANSWER:
  Where you live is not taken into consideration in terms of how much funding you can get. They put all of your aid from all sources (loans, grants and scholarships) into your student account, pay your tuition and fees (and dorm expenses if you live off campus), then they disburse the rest to you directly to be used for books and living expenses. So if you have 00 in aid for a term and your tuition and fees cost 00 and you live off campus you will get 00 back. If you live on campus you will get less in your pocket because they will just use your 00 to pay for the dorm costs. Hope that helps!
QUESTION:
My anna university BC rank is 2881 in which best self financing college would I get CSE?
My overall rank is 5137
- ANSWER:
  ssn, st josephs, panimalar r good... i guess u can get cse n any one of these
QUESTION:
What financing options do I have for college?
I can't get any more FedAid and due to financial circumstances in my family, my parents can't cosign a loan for me. I don't want to put my grandparents into any uncomfortable situations with their finances, but I need a sizable loan. Do I have any options?
- ANSWER:
  Did you file the FAFSA? If so, see if you are eligible for pell grants and other types of grants. You don't have to pay back for grants, because it's free money; but you do have to pay after you graduate from college if you get any loans. Try to find out if there are any scholarships available through local organizations in your community as well.
  
  PS Also look on the internet, there are a lot of loan sites with information on it.
QUESTION:
Financing college for Math Teacher?
I currently am en route to become a Math teacher, and I am trying to figure out how to finance a way through college. I currently live in Texas, and have looked at the (crappy) website and found nothing of use, except Teach for Texas.

Where can I go for additional funds?

I need all information available. Thanks.
- ANSWER:
  Of course theres your FAFSA if you havent done it do it!
  Then talk to your colleges financial aid office about grants, and tuition assistance. Your financial aid department has access to all the programs available to you, and will help you figure out what you qualify for.
QUESTION:
Where can a college student get financing with no credit and no cosigner?
- ANSWER:
  Do yourself a favor. Goto bank of america with 0 and sign up for the "Partially Secured Card". It's 100 down with a 0 limit.
  
  Use the card frequently, pay on time. and in 6 months or less you will have great credit
QUESTION:
College financing options in Ontario, Canada?
I went to college 2 years ago, took police foundations in the first semester, and computer engineering in the second semester. I failed both courses due to depression and general chaos in my life. The cost of the failed courses set me back over 00.00 dollars, of which I have paid off about 5000.00. I really, really want to go back to school, but my financial options are limited. Getting rid of my student loan has been expensive, I am not sure how my credit rate is doing, but Im confident it isnt doing well. My question is : what options do I have for financing my education after screwing up so badly? I live in Ontario, so OSAP is the loan I had before. I dont know if they'd finance me again. I dont think I could save up more than 2000 dollars between now and september, and my friends have advised me not to go to work while I go to school. What do you guys think?
- ANSWER:
  You may be able to get OSAP again. Over your lifetime and based on getting your first OSAP about 2 years ago, you can receive 340 weeks of OSAP funding. So I bet you have not used up 340 weeks of funding.
  
  Your problems with getting OSAP are going to be:
  (1) what is the status of your current loan? Is it in good standing (ie you have been making regular payments and the loan is not in collections?) If it is, then go to item (3)
  
  (2) if your loan is not in good standing, then you can contact NSLSC and ask for "loan rehabilitation". Generally speaking you would be required to make at least 6 months of regular payments and then they would move your outstanding loans into "good standing".
  
  (3) are you on academic probation? If you started in police foundations, changed to computers and failed both, then you probably are. You have to write a letter explaining why you chose police, what happened, why you thought computers would be the answer, what happened, what have you been doing since then, what do you want to take now, why do you want to take it, what are your career goals. Then you have to supply documentation to support the facts you state in your letter. You must also provide transcripts for both programs and job postings showing that there are jobs available in the program you are going into. You must also explain how you are going to repay your loan when you are finished school. The school that you are going to may have to write a letter of recommendation -- if so, you will have to impress the financial aid officer at the school that you have changed and you are now determined to complete the program.
  
  (4) and finally -- what is your credit like? In the last 3 years have you had 3 or more accounts worth more than 00 that are more than 90 days in arrears? If so, then you are likely to fail the credit check. There is an appeal process for that. See the financial aid officer at the school you are planning to attend.
  
  In fact, you should start by checking the OSAP website and doing as much research as you can. Then make an appointment with the financial aid officer. Speak to him/her and tell them about your past history with OSAP. Bring your transcripts with you. Be serious. Listen carefully to what they tell you to do. And then do it. Most FAOs are really busy so they can't do stuff for you -- you have to do it for yourself. But if you make the effort, most FAOs can find 15-30 minutes to go over your letter and other stuff and tell you if you need to add/change stuff. They can generally make a pretty good prediction about whether you will be successful.
  
  Good luck!
QUESTION:
College financing options?
I'm a 21 year old who didn't go to college right out of high school. I'm out on my own now, and ready to take the plunge into continuing my education. I need a little help with financing though. Most scholarships are designed for high school seniors, and I have found it difficult to come across one that is not. I'm a little wary of taking out loans or grants, as I've just repaired my credit and do not want to ruin it again. I have heard that Obama had passed some bills regarding financial aid, but I have yet to look into that.
Could anybody help me out? I'm sure I'm not alone in this.
Just a few links or words of wisdom would be great
Thank you in advance!
- ANSWER:
  Heather!:
  
  There are a few important concepts that you need to understand before you can begin. A lot of this information is probably not what you wanted to hear, but all of it is important for you to know about.
  
  1. Because you're only 21, your financial aid eligibility is going to be based on your parents' financial circumstances. I know that you explained that you're "on your own", and I have a lot of respect for that, but the rules of the aid system will consider you to be a financial aid dependent until you turn 24, get married, join the military, or start supporting children of your own. It doesn't matter that you don't live with your parents, it doesn't matter that they don't support you, and it doesn't even matter if you get along with them. It also doesn't matter if they declare you as an income tax dependent - same word - entirely different meaning.
  
  2. If you're not interested in loans, you're not going to find very much financial assistance for college. Loans ARE the predominant form of financial aid - it's the only form most applicants qualify for, and pretty much every financial aid package includes them.
  
  The government-backed Stafford lending program is the best available type of student loan for most students. The interest rate is low and fixed, and you don't have to answer any questions about your income, assets, debts or credit history on the application. The fact that you've repaired your credit or that you had bad credit to begin with will have no impact on your loan - you'll be "approved", no matter what - and everyone pays the exact same interest rate. Perhaps the best news is that you don't have to begin repaying the loan until you've been out of school for 6 months.
  
  If you're wondering why the financial aid system is centered on loans, it's because financial aid money is mostly taxpayer money. Before you can expect your fellow taxpayers to help you pay for a college degree, you have to be willing to invest in your own future. The government makes generous loans available to everyone, regardless of their financial circumstances or credit history - and tops it off with some "free" money for those applicants who are economically disadvantaged.
  
  3. President Obama has not created any programs to provide money for students who want to go to school. If you remember your civics and American government, you might recall that the President of this country does not have the power to create programs and spend government money. Though the President supports higher education, and has made it an administrative priority, it's the Congress that creates programs and budgets for them.
  
  The Congress has not created any new programs for students - though you may have heard things about grants for mothers, or older students, or women, or whatever. What Congress DID do is increase the funding for already existing programs. The best example is the Pell Grant - a program that increased its awards by several hundred dollars this year. If you qualify for the already existing programs, you'll get more than you might have received in the past - but there's nothing new in the world of financial aid this year.
  
  The best possible reference for you is the US Department of Education booklet that I've linked below. It explains the entire aid system - and has all the info you need on how to apply. I hope it helps you and I wish you the best of luck!
QUESTION:
college financing... help please!!!?
I am currently a senior in high school. I got accepted to RIT for the fall semester, but I have encountered a rather large hiccup in the college financing department. My parents make too much to get federal money and the school is covering very little. all in all I still have to pay back 29,000+ a year. My parents are willing to contribute ,000 a year and will not cosign on a private loan (due to horror stories of kids not paying their loans back and sticking the parents with the bill). I myself do not have credit history and have applied for a credit card. 2 months of credit history before school is clearly insufficient. I have applied for 80+ scholarships on various websites, written dozens of essays, and to no avail. I cant think of any other financial avenues that have not been explored. Any advice or reference is much appreciated. Thanks.
- ANSWER:
  You tried fastweb.com right, as part of your scholarship rage lol.
  
  Subsidized loans from FAFSA is the only thing I can think of...
QUESTION:
I defaulted on my student loan, i would like to attend college again. What are my options for financing?
I am a server, In chicago. No possible cosigner for private loans. Mid to lower credit score and without a clue as to how to finish school.
- ANSWER:
  If you are currently in default on student loans, particularly federal student loans then your best course of action is to rectify your default status before attempting to go back to school.
  
  If you are in default on federal student loans you can work with your lender/servicer and request a loan rehabilitation plan that will allow you to make 12 consecutive on time monthly payments. Upon completing this your loans will be returned to regular repayment status and you will regain all of your federal loan benefits such as deferments/forbearances.
  
  If it is with a private lender you will have to work with them or their collection department. It might have less options, but you still need to take care of these past issues before going out and collecting more debt.
  
  Good luck!
QUESTION:
Does anyone know of financing for college for young mothers who have graduated high school(age 18 when startin
Young mom will be graduating high school in June and is looking to go to college to become an RN.Looking to see if there is financing or programs besides filing for OSAP
- ANSWER:
  Other than OSAP, there is not a lot. If you are on OW now you might ask them for funding, but normally they only fund ,000 or 6 months and they make you apply for OSAP first.
  
  If you were on maternity leave, you might be eligible for EI funding but again they will not fund a program over 1 year and the chances of you getting what you want are slim.
  
  You can go to www.scholarshipscanada.com and see if there are any other sources of funding for someone in your situation, but I'm afraid that OSAP is the only game in town.
QUESTION:
What are some of my options for financing my 18 yr. old daughters college education?
She has been accepted a few UC schools ( California) and University of Arizona.
- ANSWER:
QUESTION:
Is there special financing for adult wanting to go back to college?
Everywhere I look it is for new graduates from High School. I am a full-time worker and would like to find help for adults so I don't have to borrow money for my education.
- ANSWER:
  Adult students often face a Catch-22. If you remain employed and go to school part-time, you probably won't qualify for much need-based aid. But if you quit a good job and go back full-time, you still may not qualify--at least in your first year--because aid formulas are based on past income (your 2005 income, for instance, for the 2006-07 academic year).
  
  You should still apply for aid (http://www.fafsa.ed.gov/) and--once you receive an aid offer--ask your school's financial-aid officer to adjust your award if your income will drop when you return to school. But you should also cast a wider net. Free online scholarship searches, such as Fastweb .com, tend to be aimed at traditional students, but they do include awards with no age restrictions. Essay contests, in particular, tend to be open to anyone.
  
  A few scholarships specifically target adults. The Business and Professional Women's Foundation (www .bpwusa.org), for instance, sponsors scholarships for women over age 25 with financial need. Similar awards can be found in Peterson's Scholarships and Loans for Adult Students (.95). Most of the listings are for students in specific fields or residents of specific states. Also ask a financial-aid officer whether your school sponsors any scholarships for nontraditional students. For example, the University of North Carolina at Charlotte offers 33 need-based scholarships, averaging ,000, for adult students seeking undergraduate degrees.
  
  Finally, if little free money turns up, there are many lenders that will help you finance a degree. Sallie Mae lends student borrowers with excellent credit up to the full cost of college (less any grant aid) at the prime rate plus 0.5 percentage point (10% now) and a one-time 3% repayment fee. (Rates are higher if you have poor credit.) At 8.2%, federally backed Stafford loans are a better deal. You can borrow ,625 as a freshman, ,500 as a sophomore and ,500 each subsequent year.
  
  http://66.109.241.150/unionplus/scholarship.html - Site describes more than million in scholarships, with details about eligibility, application deadlines and contact information.
QUESTION:
how to go to college while financing a car?
I'm 19 and currently working at a local machining company and would like to further my education outside of the machining background. I financed a 2004 chevy blazer and have 6 years to pay for it but have know way to pay for it if i leave my job. I know nothing about scholarships or grant or anything as such. Im hoping to be enlightened.

thanks
- ANSWER:
  Unfortunately, the maximum amount allotted per year for loans, grants, and probably even with scholarships, will not be enough to make a monthly car payment. I would suggest going to school part-time and working part-time. You will be able to get financial aid to pay for your school, but probably not much else. Check with the financial aid office where you'd like to attend, and they can help you. I wish you luck, and sincerely hope you do further your education. There's no better investment than the one you make in yourself!
QUESTION:
My daughter will start college next fall, college costs 50K. What is the bet way for financing?
- ANSWER:
  Either you or your daughter can apply for financial aid, even if you don't receive any free money, they sometimes can get you into a good loan that you don't have to pay interest until after graduation.
  Good Luck
QUESTION:
International college student financing?
I'm a high-school senior, foreign exchange student from Serbia with a GPA of 4.0 (taking 9 classes) and a vegetarien. I got accepted to college, but the scholarship I got covers only about the half of the tuition. I can't apply for FAFSA or anything like that cause I'm not a citizen, but I still need to pay about $ 20,000 more. Anyone knows something that could be helpful? Thanks!
- ANSWER:
  Here is a site that provides a searchable database of international financial aid and scholarships. Might have something your eligibe for.
  
  http://www.iefa.org/
QUESTION:
URGENT: Where can i downlaod for free; a grant application for college financing????
I am a college student and i am desperately looking for places to help me finance my college education. I have taken out the stafford loan and Plus loan and even a few scholarships but there is only so many scholarships that are awarded to me i have bought many grant oppourtunity CDs and DVDs but to no avial I keep hearing of a grant application that i can fill out that might be able to help me to pay for college but i have no idea where to look and even when i think i have found a website where it can be downloaded i am hesitant to rely on it because i am not sure if it is legitimate.

PLEASE if anyone knows anything at all about how to acqurie a government grant form or grant from a Cooperation PLEASE let me know ihave been trying on my own to no avail and i am very frustrated and i feel defeated. anything at all would be greatly Appreciated
- ANSWER:
  Check out Federal Student Aid Web Site or FAFSA http://www.fafsa.ed.gov/
  
  I suggest you explore all federal funding and grant options at the Federal Student Aid website http://federalstudentaid.ed.gov/
  
  You may also want to read the Handbook of the Pell Grant -- this is an 86 page document that contains everything about the grant
  http://ifap.ed.gov/sfahandbooks/attachments/0203Vo3MasterFile.pdf
  
  Or you can call the Federal Student Aid Information Center http://www.ed.gov/programs/fpg/gtepfpg.pdf at 1-800-433-3243 and ask them if there are any programs for women of your age
  
  Aside from FAFSA http://www.fafsa.ed.gov and Pell Grant http://www.ed.gov/programs/fpg/index.html , you may want to explore private foundation grants
  
  Also check out Fastweb http://www.fastweb.com
  
  For private grants, you may want to check the Foundation Center's Foundation Grants for Individuals Online http://gtionline.fdncenter.org . It's a subscription based website (.95 per month) and their opening blurb says that the database is ideal for "students, artists, academic researchers, libraries and financial aid offices." You may be able to find grants from private foundations.
QUESTION:
what accredited online college is the most legit?? And how exactly does it work for financing financial aid?
I am trying to take a few courses online until next fall but I have no idea where to start looking! I have started to look online for some accredited colleges but everything seems like a scam!! HELP! =/ I am just more concerned with taking prerequisite classes such as math and english.
hey sorry i forgot to mention i live in the boston area!!!
- ANSWER:
  Salm:
  
  To be honest, your best bet might be right under your nose - one or more of your local schools or state universities probably offers its own, fully-accredited, totally legitimate online courses. There are two things that are really great about that option - one, is that these courses would be much, much cheaper than any of the big-name proprietary online schools that spend so much money on their marketing campaigns, and two; you'll be able to access personal, one-on-one assistance (if you need it) at a nearby school, as opposed to online chatting or phone conferences with the professors at the far-away universities.
  
  Say, for example, that you live in Wisconsin (sorry, but you didn't mention where you're from) - the University of Wisconsin offers a course in College Algebra (MAT 110) entirely online: http://distancelearning.wisconsin.edu/course_info.cfm?id=2033&source=1&startrow=1&subid=199&del=206&semester=31
  
  Online course tuition is 5 per credit - so this 3-credit course would cost you 5, plus some various one-time fees and the cost of your textbook. I can assure you this is considerably cheaper than the better-known online schools, like University of Phoenix.
  
  Call some of the local schools and ask about their Distance Learning opportunities. One of the nicest things of all is that you won't have any problem transferring these credits - problems do have a tendency to pop up when you're trying to transfer some of these other online credits to brick and mortar schools.
  
  I hope that helps you - good luck!
QUESTION:
Looking for input from college students with a finance background?
Looking for college finance students to tell me what they think about this site, www.fingad.com and a key feature of the site which is gives students the ability to create professional profiles of their finance history, save it and share it with others.
- ANSWER:
  This is a very interesting idea. I am not sure about it's application for just students? Possibly in portfolio management classes, I know we used similar programs that did not have the social or viewing aspect. Good luck!
QUESTION:
will i get an MBBS seat in self financing colleges in TN?
I selected Sri Krishna college,coimbatore for engineering. what abt the college & what is the procedure for joinin the medical college in second phase of counseling?My cutoff is 192 & i belong to MBC.my comm. rank is 600 in revised list.will i get an MBBS seat in self financing medical college?
- ANSWER:
  Def you'll get a seat in a self financing college. That's because, 2 new Govt colleges are added now and i believe 4 more self financing colleges have been approved to enter for counseling this time, that makes a lot of seats (Latest information as told by tn health minister is that there are 225 seats in Govt medical colleges and that is coming up in the forthcoming counseling session.)
QUESTION:
financing college question?
how can I get money to finance the rest of my college? I'm going to be a senior, its a private college, my federal loans dont cover everything. I cant seem to get a private loan because i do not have a credit-worthy co-signer.
- ANSWER:
QUESTION:
besides federal loans, what is the best way to finance college?
i'm going to be attending a small Bible college, and they dont accept federal loans. its only ,000 a year, but i still need some help financing it. i've checked banks, and its not listed in their list of schools, so i cant take out student loans from banks either. i dont have very much money saved, and my parents cant help me. Any suggestions? thanks
- ANSWER:
  check with your credit unions and you will need a job to pay this back if your parents can't pay. also see if your college can take a monthly payment from you because of your situation.
QUESTION:
I attened Jr. college here in California. I want to go to a college in Canada, how does the financing work?
Can student apply for loans? Can I get a loan here in the States to pay for my schooling in Canada?
- ANSWER:
QUESTION:
I am a college student with a part time job. Is it possible for me to get a condo with financing?
The condo's start out at around 0,000. My rent is 0 a month right now. I really think that this rent money could be used more efficiently for mortgage.
- ANSWER:
  It doesn't matter if you are a student and have only part time job. What matters is your credit score and how much money you have saved and how much you make (some people make more working part time, than other people working full time.)
  If you have good credit score and can put some money down, you can get financing if you make about ,000 a month and your job is secure.
  Be careful not to fall for some "creative" financing offers you get online.
QUESTION:
How do I finance college with a family to support?
I know there are options to help single moms, single dads, singles, military personel etc, but how do I finance college when I have a reasonable income but the expenses of a family to pay for (daycare, mortgage, health, transportation, education etc)

When I have tried in the past to get loans or scolarships it seems my income is the only thing that is taken into account which is modest at best. There simply isn't much left over at the end of the month and that's not including if I'll make less because I'm in college.
There has to be a way that I'm just ignorant of and I would welcome any thoughts.

Blessings,
Maria
- ANSWER:
  Some colleges and universities offer courses through the mail. I did this myself through the University of New York College at Brockport. It was a first semester calculus course. I found it advantageous because I could fit my study time around my work time, There were several lessons with problems to do when I completed each lesson I sent it in and got it back with my grade for the lesson. Written questions were also answered with regard to the lesson material. Correspondence college courses are and excellent substitute for on campus classes, in the subjects of English, Composition, Literature, History, Business, Accounting, Math, Psychology, and Sociology. Some colleges and universities also have course in Education that can be taken by correspondence. Some courses such as Art, Music and Sciences, are better taken on campus.. There is a national center for information about correspondence course at colleges and universities. As I recall it is located at the University of Minnesota at Minneapolis. I hope you find this information helpful, the point here is that correspondence course allow you to learn and study at you own pace and at time that are convenient, which helps minimize distractions. (Some colleges an universities now offer courses on-line, this also may interest you.) I prefer a book !!!
QUESTION:
College student financing a car?
I have a little less than 2 years left in college and I'm thinking about financing my first car. I've been looking at 2008-2010 that cost less than ,000. I do have rent and other bills, which totals about 0 a month, but I've had a constant job for more than a year now and I get scholarships and grants that total about ,000 a semester. Having a car is necessary because I live in the midwest. My parents don't help me with any of my expenses. Is financing a newer car a good idea? If not, please offer some other reliable, affordable and cheaper options. Thanks
- ANSWER:
QUESTION:
Can you mention some merits and demerits of self financing colleges?
Please mention some merits and demerits of self financing colleges. It is for a debate. If you can, please focus on the current events in kerala.
- ANSWER:
  +
  No debt! Saves thousands of dollars in loan fees.
  Personal responsibility
  Feeling of accomplishment
  You will not have to sacrifice as long later to pay the bills after you graduate
  
  -
  You have to work (life is like that)
  Not as much time for fun (poor baby)
QUESTION:
im 17 and need financing for college we were denied at wells fargo moms debt is more than her income?
i want to go Dubuque university to study aviation, we were sent out a packet for financing, our first pick was Wells Fargo because its he first name we recognized. I needed a co-signer because im only 17, my birthday is Dec.24. All the other places' websites stated that I need to be 18. I called the school and the person in charge is on Vacation, HELP!!!!! any suggestions...
- ANSWER:
  Okay, the other advice is absolutely correct.
  
  When it comes to financial aid, you always start with the federal government. They are absolutely your best friend in this instance. Their money is easy to get, "cheap", and flexible - private lenders like Wells Fargo are for the left-over that you and your family's finances can't manage.
  
  Read the pamphlet I've attached below, and share it with your mom. It explains how the federal government's financial aid program works. This isn't like applying for food stamps for poor people - EVERYONE looks to the federal government for college financial aid.
  
  You start the process by completing a Free Application for Federal Student Aid - better known as the FAFSA. You're sending this info to the US Department of Education, and they'll figure out just how much you and your parents can be expected to contribute to your educational expenses.
  
  The end result of this analysis is a number called your Expected Family Contribution - and the Department will send that figure to your school's financial aid office. Once they have that information, your school will figure out what financial aid you can qualify for, and they'll send you a financial aid offer letter, telling you all about it.
  
  Unlike private lenders, like Wells Fargo, the federal government's lending program does not require a credit history, an income, or a cosigner. Pretty good, huh?
  
  On top of that, the loans that you'll get from the government's lenders have lower interest rates, give you more time to pay, allow you to postpone payment if you experience financial hardship, and can, in some cases, be "wiped clean", if you agree to enter certain kinds of occupations.
  
  Definitely start with this brochure and the FAFSA, and THEN worry about figuring out how to come up with any other money that you need.
  
  Good luck to you!
QUESTION:
College financing and social life. Your opinions, please?
I'm currently in college. I'm 18 and have been working since I was 15. I actually attend a community college because I can't afford anything else and I won't be able to pay for a Bachelor's degree with my pay when the time comes to transfer. I'm going to be working all summer at 40+ hours a week doing 3 jobs to be able to pay for school.The only thing is that I reeeeeallly want to leave home and live in a dorm, but I'm stuck living at home. I feel like I'll miss a lot if I don't move away to college and live at home. I have friends, but they're all from my work place, so we're not close. It's almost impossible to make friends at community college. I don't have a boyfriend, and sometimes I feel like I won't ever find a guy that likes me, and I like him, unless I leave home and live on a campus. The problem is that I can't get any loans because I'm apparently not old enough to get a loan, I'm under 24. My parents make a lot of money, but they can't help me because they're in sooooo much debt. I can't get any scholarships because I'm white girl, just like tons of other poor college students. What do you suggest?
- ANSWER:
  Your lack of scholarships have nothing to do with your race, you were just not a desirable enough applicant. Work on your grades and apply to a range of schools (private and state schools, of different levels of selectivity), make sure you fill out all the financial aid paperwork, get involved on campus and in the community. Yes it's not fun to do all that plus work, but if you want to change your situation you need to do something about it. Once you receive offers, negotiate with the schools to try to get them to give you more (call financial aid and ask, if you really want to go to school X but school Y is offering more, let them know and ask them to up their offer).
  Getting involved in student groups will give you some new people to socialize with and you'll meet a guy once you stop looking.
QUESTION:
Easy 10 pts - parents financing kids' college?
Anybody tried any of these?

http://www.helium.com/tm/712597/financing-childs-college-education

Do they work well, and can you do it on a limited amount of time? Any advice will be helpful - and I'll give 10 pts to somebody. Thanks!!!
- ANSWER:
  Nobody can control your money better than you can.
  
  What is suggested there is a planning for the next 20 years. Do you have a crystal ball to know what the cost will be then or how any government funded or supervised institution will perform? I don't but most of all I don't trust them. Look how many people trusted their retirement portfolios managed by somebody else, today not being able to retire, flipping burgers at fast food joints.
  
  The very best way to finance your children's education and your future as well, is to develop your own business that will produce residual income on ongoing basis, with you being involved or not. (Yes, businesses like that do exist but in order to find out about them one must abandon his/her employee mentality)
QUESTION:
how does my tax filing status afftect my college finances?
If I claim my daughter as a dependant, how does that affect her future college grants or loans?
- ANSWER:
  The status that you file should make no difference in your daughter's college finances. They will look at the overall income and type of job you hold when determining how much money she should receive.
QUESTION:
What classes should I take in college and high school to become a secretary?
Personal Assistant, Executive, whatever you want to call it. I'm about to go into high school, and was wondering, if I should take business classes. I already have 112 words per minute not mistakes, should I take typing/computer technology classes. Also should I take advanced English, do you think that would help me any?

For College: Finance Class, or Mathematics? English? If you have any other reccommendations, please let me know...
- ANSWER:
  Secretary only needs high school or at best a business administration diploma from a community college.
  
  As long as you have good English, are familiar with Microsoft Office and can file properly you are qualified.
  
  My daughter, did this stuff as well as reception and accounts payable for a multinational corporation as a summer worker when she was 14. Was the vacation relief purchasing manager when she was 16.
  
  If you go to a 4 year college you should aspire to a higher position.
QUESTION:
Which bank is good for college student checking account?
I wanted to open an checking account of my own so that I can use it for my college finance. But I have a hard time to choose which bank I should go for. So far I have three banks I have in mind, but I still need more information before making my final decision, so if you have any advice, I would like to hear it out.
- Bank of America
- Chase
- Wells Fargo

Thank you!
- ANSWER:
QUESTION:
How can a college Finance/Accounting major get ahead?
Well, I just finished my freshmen year and I had a great internship this summer at a top wealth management company.

However, for next sumer, I really want to study abroad and I was wondering if an internship in a lesser known company in the finance field would hurt if I were to maybe intern abroad in another country.

As far as other things I can do, any ideas?

Thanks a lot.
- ANSWER:
  Working (actually working, not vacationing) in another country would probably be a big benefit careerwise. Anything you can do to improve foreign language skills would also be a large benefit.
QUESTION:
Financing College Education?
Hi I'm a 2nd year college student, And I'm already in debt, about close to ,000. I don't want it to get any higher. What I keep saying is that once I leave college, I own a nice new car, I 'll be in so much debt. I don't want that. I need to get scholarships, I need to stop taking these loans.

I've got an account on Fastweb, and another scholarship site. The thing is I'll print out all the info and everything, but I never fill them out. I always wait and then the deadline passes. Does anyone have any tips on how to break this self defeating cycle?
- ANSWER:
  yeah i've had this same procrastinating problem. you need to schedule a specific date and time where you're going to fill out as many forms as possible in one sitting and send them off. If that doesn't work keep showing yourself your huge debt on a regular basis, that'll remind you that's it time to stop wasting time.
QUESTION:
can you show the 200 self financing college in tamilnadu?
- ANSWER:
QUESTION:
Best undergraduate college for finance in the US?
I am a junior in Wisconsin and i want to major in Finance and possibly be a financial planner. I just need a good (private or public)college/ university for UNDERGRADUATES.
- ANSWER:
  Finance is usually not an undergraduate major. Go to a top tier B-School and minor in Finance/Accounting. Good luck.
QUESTION:
i have took EEE in goverment college but my mom wanted me to take ECE in an self financing college,is EEE good?
should i have taken ECE...
HAVE I DONE A MISTAKE ???
- ANSWER:
  There is no mistake. Your selection looks good.
  Govt. colleges have reputation compared to private ones in job markets.
  As the earlier answerer said you have saved a lot to your parents as well.
  Good luck

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