Tuesday, September 27, 2005

What is a DRN?

Some of you might be asked for a DRN number when you call the Federal Student Aid Information Center. DRN stands for Data Realize Number. This number is required if you wish to add a school to your FAFSA or change your address on the phone. The only place you can get this number is on your Student Aid Report. In short, when you get your student aid report via mail or email, you really should keep it, because if you want to get a copy resent to you, it could take as many as 10 days.

Monday, September 26, 2005

Government to cut student services to pay for Katrina

The federal government would like to cut spending instead of raising taxes to pay for the rebuilding of Hurricane Katrina ravaged areas.

One item they would like to eliminate is to do away with all subsidized student loans for graduate students. This would mean that if you already have a degree and you decide to go for your masters and doctorate degrees, you will be paying the interest on all of your student loans while you are in school. This will supposedly save 8.5 billion dollars over the next 10 years.

Sunday, September 25, 2005

Perkins Loans

Some students receive Perkins Loans from their school to help with education costs. Perkins Loans are different than conventional loans, as the school is the organization that actually lends you the money. Perkins loans also have several ways that you can get your loan cancelled.
You can read more about the Perkins Loans.

Thursday, September 15, 2005

Are you a student who might need some fast cash?

Easyaid.com has put up a short, one question survey on how you think scholarships should be awarded. We certainly love to give out scholarships, but we know that it can be frustrating when you are just not winning any of them.

What type of scholarship would you like us to award?
One $5000 scholarship per year
Two $2500 scholarships a year
Five $1000 scholarships a year
Ten $500 scholarships twice a year

You can take this short survey and be entered to win one of ten cash prizes to be chosen on December 31st.

You can take the scholarship survey here:

http://www.easyaid.com/scholarship-survey.html