About 'student loan access'|The dark side of student loans part 1.
The FAFSA application form is the most commonly completed document by those who are about to enter or are still in college requesting student financial assistance. The FAFSA not only determines a student's eligibility for federal student loan assistance, but also provides information that may allow a student to get government grants, such as the Pell Grant. What is the difference between being awarded student "aid" and being awarded a "grant? It's simple, "aid" (read loans) has to be paid back; grants don't. That being said, the FAFSA form is available online, or can be obtained from high school or career counselors, or on college campuses. The form encompasses multiple pages, and requires a lot of knowledge or access to a lot of the student and student's family financial information. The student has it "easy". He or she will only have needed to have chosen at least one college which he or she would like to attend, and will need tuition figures from that school. The parents, on the other hand, will need all sorts of financial documents. These will include, but may not (and probably will not) be limited tax documents for the past year, expense documents for the past year, bank account and other financial institution information, and other identifying and qualifying information. Hopefully, someone in the family has kept up with the location of these and other necessary papers, and will be able to produce them when the time comes. All the problems and frustrations encountered when completing these forms, however, is worth it when the student is notified that he or she is eligible to receive federal funds for a college education. If the funding comes in the form of a grant, which, if you remember, does NOT have to be repaid, so much the better. However, if it does come in the form of other types of "aid", that's good, too. At least some of the expenses of a college education are being met, and, as everyone knows, having a college education means that one is more likely to get a higher-paying job. At least then, the (former) student will be able to pay back the money that was "given" to "aid" him or her in obtaining that degree. So, take a deep breath, help find those papers, and start the FAFSA application process. It will be worth it all when you receive that college diploma. |
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Student Loan Access - Blog Homepage Results
Access of beneficiaries to STUDENT and information: student loans,scholarship,college loans
You can pay off debts by accessing totally free sources that...with credit card payments, student loans or health-related ...
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