Financial Aid

How to Fill Out the FAFSA® Form When You Have More Than One Child in College – Education Article

Having one child who is heading to college can be stressful but having to help multiple children at the same time can feel overwhelming. Here are the answers to some frequently asked questions about filling out the FAFSA form when you have more than one child in college: How many FSA IDs will my children and I need? An FSA ID is a username and password combination that serves as your legal electronic signature throughout the financial aid process. You…

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The Parent’s Guide to Filling Out the FAFSA® Form – Education Article

While the Free Application for Federal Student Aid (FAFSA®) form is the student’s application, we know that parents often play a large role in the process. After all, students who are considered dependent have to provide parental information on the FAFSA form anyway and must have a parent sign it. While we recommend that the student start his or her own FAFSA form, we know that’s not always what happens. With that in mind, we wanted to provide instructions for parents who are starting…

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Scholarship Basics and Tips – ED.gov Blog – Education Article

We all know college is super expensive; not only do you have to pay tuition, but there’s also room and board (for those of you staying on campus), a meal plan (yay for cafeteria food…), and textbooks (buying hundred-dollar books for one chapter). It’s a lot. Luckily for us, there’s help: scholarships! Of course there’s no guarantee that you’ll actually be awarded any money, and sometimes it can seem like a whole lot of work for a whole lot of…

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5 Things to Do Before Making Your First Student Loan Payment – Education Article

Almost time to start paying back your student loans?  Contrary to popular belief, your student loan payments don’t have to stop you from living your life. You just have to weigh your options and find a strategy that works within your budget. Here are some steps to get you started. 1. Compare monthly payment amounts If you don’t think you can afford that amount or you want a lower monthly payment, consider switching to an income-driven repayment plan, where your…

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Stay On Track This Summer: 4 Tips for Incoming College Freshmen – Education Article

A recent post, covers the concern of “summer melt,” where up to one-third of the students who graduate high school with plans to go to college never make it to a college campus. The post discussed how educators  can help keep someone on track—but there’s also plenty that a student can do to make sure their college plans don’t get derailed during a summer break. Open every piece of snail mail you get from the college, and read all of it!  …

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11 Common FAFSA® Mistakes – ED.gov Blog – Education Article

The 2020–21 FAFSA® will be available October 1! If you plan to attend college between July 1, 2020, and June 30, 2021, you should fill out your FAFSA form as soon as possible! Just make sure you don’t make one of these common mistakes: 1. Not Completing the FAFSA Form We hear all kinds of reasons: “The FAFSA form is too hard.” “It takes too long to complete.” “I’ll never qualify anyway, so why does it matter?” It does matter. For one,…

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Applying for Public Service Loan Forgiveness: 5 Tips for Success – Education Article

Public Service Loan Forgiveness (PSLF) is a program that could eliminate some of your federal student loan debt if you meet all the requirements. This program was created to benefit individuals whose debt would be unaffordable without loan payments tied to income because they are working in lower-paying, but vitally important public sector jobs such government service or non-profit work. There are some steps you can take to protect yourself from any surprises and set realistic expectations about how PSLF…

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9 Myths About the FAFSA® Form and Applying for Financial Aid – Education Article

There’s so much information available about financial aid for college or career school that it can be hard to tell the facts from fiction. We’ve got you covered! Here are some common myths—and the real scoop—about financial aid and the Free Application for Federal Student Aid (FAFSA®) form. MYTH 1:My parents make too much money, so I won’t qualify for any aid. FACT: The reality is there’s no income cut-off to qualify for federal student aid. It doesn’t matter if you have a…

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Federal Employees: How to manage your student loans during the government shutdown – Education Article

Are you a federal employee impacted by the partial government shutdown? Here are some options to manage your student loans while you are furloughed or not receiving pay. 1. Postpone Your Payments through a Deferment or Forbearance If you are a federal employee impacted by the partial government shutdown, you may temporarily postpone making your payments through the use of a deferment or forbearance. In particular, economic hardship deferments, unemployment deferments (if receiving unemployment benefits), a general forbearance, or a…

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