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Paying For College - An Info Graphic
A loan repayment calculator can put $27,667 in perspective for students. Graduates with that amount in debt would write a check for nearly $300 per month over the standard 10-year repayment plan, assuming a 5 percent interest rate. That’s not a crippling amount for most graduates, but enough to make them feel the financial sting.Ch 16 Credit - Paying for college - Stats and Infographic.pdf 435.04 KB (Last Modified on March 21, 2015) -
US News & World Report summary of sites on Paying For college
Paying for college can be one of the toughest parts of earning your degree—but it doesn’t have to be. Use our tips, tools, and articles to stay up to date on the best ways to pay for college, including scholarships, savings, grants, loans, and more.Just one of many sites available.Ch 16 - US News summary of sites for info on paying for college.pdf 189.74 KB (Last Modified on March 21, 2015) -
The Basics On Grants & Scholarships
Financial aid is money lent or given to you to help you pay for college. Grants and scholarships are kinds of financial aid that you don’t have to pay back. That’s why they’re called gift aid.
All kinds of students get gift aid. Most grants are awarded based on financial need. But a good portion of gift aid is awarded for academic achievement.
If you’re thinking about going to college, you should definitely apply for grants and scholarships. -
12 Inside Tricks To Pay for College
Is this system nuts, or what? College has gotten insanely expensive, and the tuition aid formulas have gotten insanely complicated. But if you don’t figure them out you will be crushed. Poor, brilliant students get a free ride at Harvard or Princeton. Rich families don’t care about costs. Everyone else–and that would be about 90% of America–has a problem.Ch 16 - College - 12 Insider Tricks To Pay For College.pdf 281.41 KB (Last Modified on March 21, 2015) -
What Happens If You Do Not Repay Your Student Loans
New data shows that 11.3% of student loans were delinquent at the end of 2014 — double the rate just 10 years ago. Loans are considered delinquent when at least one payment is missed.
I get it — if I had to choose between keeping a roof over my head or keeping student lenders happy, the roof would win every time.But ignoring your student loan bills can have serious long-term consequences.Read on for the consequences