The TEACH grant is an excellent opportunity for students who intend to pursue certain careers in education to receive free money for college from the United States government. This grant is offered in exchange for a commitment on the part of the student to teach later on provided they meet all eligibility requirements. And because the federal TEACH program carries serious financial considerations with it, students should learn as much about this type of federal grant prior to filling out an application via the FAFSA or Free Application for Federal Student Aid.
FAFSA Blog: Information about College Financial Aid and the FAFSA.
Updates for students about the FAFSA and financial aid
Monday, March 14, 2011
Friday, March 11, 2011
Federal Direct Student Loan Program: Aid Offered Via the FDSLP
The Federal Direct Student Loan Program or FDSLP is one of the most significant educational funding efforts ever undertaken. The program offers various types of aid to help students pay for the costs of college and other types of schools. Nearly all programs available through the FDSLP require that a FAFSA or Free Application for Federal Student Aid be filled out in order to determine eligibility. The Federal Direct Student Loan Program provides federal aid as detailed below:
Thursday, March 10, 2011
The Federal Stafford Loan: 8 Things You Should Know About the Stafford Loan
The Federal Stafford Loan was created with the intent to help all Americans achieve their higher education goals. These loans and many other types of US government funding for school are made available to students who fill out a FAFSA or Free Application for Federal Student Aid. There’s a lot to this comprehensive form and a great deal to the Stafford loan as well, so taking a look at these 8 primary points of consideration will help immensely prior to completing the FAFSA.
Wednesday, March 09, 2011
Stafford Loans and Federal Grants: How Much Money for College Can I Get?
Stafford loans and federal grants are two unique types of educational funding offered by the United States Department of Education. By filling out a FAFSA or Free Application for Federal Student Aid, a student will be able to determine their eligibility for all types of federal aid. Some students may be able to get all of their educational expenses funded by the government, so taking a look at maximum amounts available via the Stafford Loan, Perkins Loan, ACG Grant, FSEOG, Pell Grant or the IASG is a good idea before you fill out the FAFSA.
Friday, March 04, 2011
College 529 Plans in Lay Terms
College 529 plans are types of savings or investment tools that can be used to help pay for the educational expenses of a designated student. These are especially useful because they often provide a wealth of tax benefits and the ability to limit the effects of inflation. However, there are also a number of disadvantages to college 529 plans and therefore it is wise to gain an understanding of how these savings vehicles work.
Saturday, February 26, 2011
Stafford Loans: Loan Amounts for the Federal Stafford Loan
The Stafford loan was created by the United States government in an effort to help Americans achieve post-secondary education goals via assistance in the form of federal grants, federal scholarships, work study, and the federal Stafford loan. These loans are applied for by filling out the FAFSA or Free Application for Federal Student Aid available at more than 4,000 schools nationwide.
Stafford Loans: Eligibility for the Federal Stafford Loan
Stafford loans are provided by the US Department of Education to help pay for the costs associated with post-secondary education. The federal Stafford loan is one of only a few federally-backed loans in the nation, and while the eligibility requirements are strict, students who are able to qualify for these loans will enjoy generous terms and benefits.
Wednesday, February 23, 2011
Perkins Loan Default: What to do if You Can’t Pay Your Federal Perkins Loan
A Perkins Loan default is a serious issue that requires your immediate attention in order to protect your credit and ability to gain access to federal educational loans. Perkins loans are issued by the United States Department of Education and are backed by the full faith of the United States Government. In fact, the FDSLP or Federal Direct Student Loan Program is the only federally-backed loan program in the country,
Tuesday, February 22, 2011
Pell Grant: Award Amounts and Eligibility for the Federal Pell Grant
Pell grants are unique types of educational funding for students with financial need. In most cases the federal Pell grant is awarded to students that come from low income families or are otherwise at a disadvantage. The program was created and is managed by the United States Department of Education as a means to assist underprivileged Americans with a way of obtaining money for college that never has to be repaid.
Monday, February 21, 2011
Pell Grants: How to Qualify for the Federal Pell Grant
Pell Grants are free types of educational funding offered through the FDSLP or Federal Direct Student Loan Program. Like most other grants, money awarded to students through this program never has to be repaid by the student. In this sense, Pell Grants really are free money for college. However, there are certain requirements that must be met in order to qualify for this or any other type of federal aid,
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