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.

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,

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.

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,

Pell Grants: How Much Money for College Can I Get With a Pell Grant?

Pell grants are available to students with financial need to pay for their educational expenses. This type of Federal grant awards money that never has to be repaid by the student; provided they meet all requirements. 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 educational funding programs, including Federal scholarships, Federal work study, loans and the Federal Pell grant.

Perkins Loan: How to Get One Now Via the FAFSA

A Federal Perkins loan is available to students with financial need to help pay for their educational expenses. Like other types of Federal educational funding, the Perkins loan is available at more than 4000 schools and universities Nationwide. However, because not everyone will qualify for a Perkins loan it is important to understand how your financial situation will affect your eligibility for this type of Federal funding.

PLUS Loan Consolidation Benefits

A PLUS Loan consolidation offers a way to better manage federal educational loan debts. While most new education funds are issued under the Federal Direct Student Loan Program or FDSLP, there are many students that have multiple loans spread across numerous lenders. Additionally, grad students and professional students that currently have PLUS loans in combination

PLUS Loan Interest Rates and Other Details

PLUS loan interest rates are among the lowest in the nation when it comes to any type of educational lending. This is especially true considering that this particular type of financial aid is intended for parents to be able to pay for their children’s education. And unlike financing through traditional banks or educational lenders, a PLUS loan interest rate will not be affected by a parent’s credit rating,

Student Loan Default: PLUS Loan Rehabilitation Programs Can Help

PLUS loan rehabilitation programs were developed to help resolve late payments or student loan defaults on federal educational loans. Loans issued under the Federal Direct Student Loan Program and other types of federal financial aid carry certain terms and conditions that could result in aggressive action if a student loan default occurs. This is an important consideration because unlike other types of loans and debts, student loans are never “charged off” and you cannot include them in a bankruptcy. For this reason, it is critical to use programs like the PLUS loan rehabilitation to prevent the accumulation of fees, penalties and interest that occur with student loan defaults.