I have a 15 year old daughter and if she doesn't get a scholarship I worry about how to pay for the sky-rocketing cost of a college education. Maybe some of you are sweating it out with me. For years I've told her to do the work and I'll make sure she gets to go to the school of her choice. Well, now I'm worried I won't be able to live up to that promise. In general I'm just worried about my kids future...I don't know what to do. Here are a few things I've been able to uncover: 50 out of our nations 2,500 4-year colleges are taking steps to ensure some students pay less tuition. Schools like Harvard, Stanford, Yale, and Cornell are devising different pay plans depending on a family's income level. Dozens of schools are replacing loan programs with grants, which don't have to be repaid. Comparison shop financial aid offers from school to school. It doesn't hurt to ask if one school will match another's offer. Be aggressive. Here are some w...
The US Federal gov't offers a number of programs to help relieve some of the burden of paying for higher education, from Pell grants to Perkins loans. Take a look at some of the options available to you: 1. Pell Grants 2. Federal supplement opportunity grants 3. Work-study programs 4. Perkins loans 5. Stafford loans 6. PLUS loans ... Check Bankrate's website to learn more about these options!!
This date is one you will want to remember. On July 1st, the interst rates on student loans change and set for the following year. Check out Projectonstudentdebt.org for more information. This could end up saving you lots of time and money!!!
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