By John Whelan, Sophomore at Tufts University
What is the FAFSA?
The FAFSA. You might have seen that odd-looking, strange-sounding acronym before, somewhere during your planning-for-college process. Perhaps you heard your parents discussing it, and at the very mention of a form you shut your ears off.… More »
Tagged: Cost of Attendance (COA), Expected Family Contribution (EFC), Free Application for Federal Student Aid (FAFSA), GradPLUS Loans, Grants, Need-Based Aid, Parent PLUS Loans, Scholarships, Stafford Loans
By Kevin Walker, Co-Founder & CEO of SimpleTuition
We get asked all the time, "Where should I borrow if my federal loan isn't enough?" With television advertising, marketing mailings, and the hundreds of websites about supplemental student loans, sorting through all of the data to make an informed… More »
Tagged: Co-signer, Federal Loans, GradPLUS Loans, Parent PLUS Loans, Private Loans
Most federal student loans are included, such as:
Federal student loans through the Direct Student Loan Program
Stafford Student Loans
GradPLUS Student Loans
Federal consolidation loans that do not include Parent PLUS Loans
Perkins loans, if they have been consolidated… More »
Tagged: Federal Loans, GradPLUS Loans, Income-Based Repayment Plan, Parent PLUS Loans, Perkins Loans, Private Loans, Stafford Loans, Student Loan Consolidation
By Kevin Walker, Co-Founder & CEO of SimpleTuition
If you're like most students and parents facing a tuition bill, you're going to need to borrow. That's a pretty simple reality.
It does get complicated, however, because there are many different types of student and parent loans. -Remember don't… More »
Tagged: Federal Loans, GradPLUS Loans, Parent PLUS Loans, Perkins Loans, Private Loans, Stafford Loans
When it comes to financial aid, graduate schools tend to behave differently from undergraduate programs. Some graduate schools feel less obligated to provide grants and other forms of aid other than loans. Even after maximizing low-interest Stafford Loans, graduate students… More »
Tagged: Credit Score, Federal Loans, Free Application for Federal Student Aid (FAFSA), GradPLUS Loans, Stafford Loans
Now that your undergraduate days are over, a new, somewhat different financial aid world awaits you. For most of you there is a major difference. Now your school will treat you as an independent for financial aid purposes. You do… More »
Tagged: Free Application for Federal Student Aid (FAFSA), GradPLUS Loans, Need-Based Aid, Stafford Loans, Subsidized Student Loans, Tax Benefits (Credits/Deductions), Unsubsidized Student Loans
Confused about all the recent changes in the federal loan market? Read on: this article will offer explanations for all of the important changes, and tell you what you need to know.
On July 1, 2010, all federal student loans… More »
Tagged: Federal Loans, Free Application for Federal Student Aid (FAFSA), GradPLUS Loans, Parent PLUS Loans, Stafford Loans, Tax Benefits (Credits/Deductions)
Of all the loan types, federal loans are the most desirable to have in your financial aid package. They offer fixed, low interest rates, and in some cases, are subsidized. Federal student loans include Perkins, Stafford, Parent PLUS, and Graduate… More »
Tagged: GradPLUS Loans, Parent PLUS Loans, Perkins Loans, Stafford Loans, Subsidized Student Loans, Unsubsidized Student Loans
Let’s face it – student loans are probably the least exciting part of going to college or grad school. But for many students, they are a necessity. In order to make sure you graduate with the lowest debt burden possible,… More »
Tagged: Free Application for Federal Student Aid (FAFSA), GradPLUS Loans, Parent PLUS Loans, Perkins Loans, Private Loans, Stafford Loans
The repayment plans for Stafford and the Parent PLUS are also available for GradPLUS.
Level Payment Plan: equal monthly payments over the term of the loan
Graduated Repayment Plan: two years of interest-only payments, followed by increased payments covering interest… More »
Tagged: Federal Loans, GradPLUS Loans, Parent PLUS Loans, Stafford Loans, Student Loan Debt
