Student Loans : News, Updates and Blog Posts

Hey guys and gals – this is a friendly reminder that you likely have a week or two left to file your FAFSA to receive maximum aid from both the government and your chosen school. For a more accurate date, head over to your school’s financial aid department either online and/or in person, and ask for the list of financial aid deadlines for this year.

Although the federal deadline for submitting the FAFSA is in the summer, schools require it to be submitted much earlier in the year so they have time to assemble their own financial aid packages and fairly distribute their need-based scholarships and grants.

Check out this blog for more information on the FAFSA that I think you will find very useful. And remember, even if your parents make enough money to disqualify you for need-based federal loans, you still may be awarded an unsubsidized Stafford loan that has much lower fixed interest (6.8%) and generous repayment terms than 99% of the private student loans out in the market.