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Posts Tagged ‘STUDENT loans’

Bridging the aid gap






Offers advice and tips in acquiring financial aid from universities and colleges. How to appeal the school’s offer of financial aid; Types of documentation parents should present to financial aid officers; Advice from Kalman Chany, author of ‘Paying for College Without Going Broke’; Interest charges for a Parent Loans for Undergraduate Students (PLUS); Other types of borrowing including home-equity loans and fixed-rate loans.


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Managing your student loan debt

Suggests ways for managing student loans. Reason for the attractiveness of consolidating student loans; Interest rates for Stafford Loans issued on or after July 1, 1998; Ways to lower debt burden before graduation. INSET: Steps to Consolidating Student Loan Debt.

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Many students are in the dark on pending interest-rate change

Reports on the change in interest rates in the United States and the effect those changes have on student loans. Raise by 1.25 percentage points on the interest rates of student loans; Failure of the US Education Department to inform student borrowers that they could save money if they consolidate their loans before July 1, 2000; Reason why the Education Department took so long to start notifying borrowers of the impending increase.

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Money watch

Gives advice on personal debt management. Discussions on mortgages; Rates of home-equity loans; Decision making regarding student loans.

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Students advised to act quickly for reduced student-loan rates

Reports that the Bill Clinton Administration is encouraging college students to take advantage of a money-saving college loan option that expires January 1999. Reduced interest rates offered to students who will refinance their education loans through January 31, 1999; Contact information.

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