It’s never too early, or too late, to think about how to get into college. Today’s colleges have plenty of applicants to choose from, so it’s important to differentiate yourself in as many ways as possible. We’ll help you figure out what’s important to many colleges and how you can impress them.
If you want to pay for college and not go broke, you will need to put some serious effort in planning for it and be ready to do some work. We’ve put together some major steps you should learn that may actually help you pay for college without going broke.
On March 30, 2010, the President signed into law legislation to end the bank-based FFELP (Federal Family Education Loan Program) as of June 30, 2010. Students and parents needing new Federal loans for the 2010-2011 year will primarily borrow directly from the government, through the Direct Loan Program.
We know you’re tired after a long school year and you don’t feel like pondering higher education politics when the summer hot spots are calling your name. However, the latest legislation is almost certain to affect college parents and students who use federal financial aid. Part of President Obama’s higher education budget proposes that, starting in academic year 2010-2011, all new student loans be originated through the Direct Student Loan program, thereby marching all Federal Family Education Loan Program (FFELP) student loan lenders to their demise.
For many families, 2009 is turning out to be a tough year to think about college costs. Families may be dealing with difficult issues, like unemployment, rising mortgage payments, or even foreclosure. Even if your family isn't facing extreme financial circumstances, you always want to maximize your financial aid awards and pay for college as cheaply as possible.
Money may be tight for you and your family this year. And chances are your school's costs have gone up since last year. Many families are really digging deep and making sacrifices to cover college costs. As you're making decisions on how to pay for college, we just want to make sure that you aren't making any mistakes that might hurt your financial future. If any of these sound familiar, there is still time for you to reevaluate your financial aid decisions and work with your financial aid office.
Paying for second semester could be tough for college students. Overall, it seems most students made it through the first semester, even though loans were harder to find and many loan disbursements were delayed or cancelled.
Students might not be so lucky next semester.