Financial Aid

Getting financial aid is crucial, especially for those who cannot afford to pay large sums of money to further their education. There are many financial aid programs for students to undertake. There are Government Student Grants, 529 College Savings and Prepaid Plans, Student Loan Programs, Work Study, ROTC Scholarships, and the State Financial Aid. Each program has their own requirements. The Government Grant are often merit-based grants and it is similar for the State Financial Aid. However, everyone can apply for the grants.

As for the 529 College Savings and Prepaid Plans, there are two main categories, namely the college saving plans and prepaid tuition plans. College saving plan is investing an amount of money in the form of mutual funds or other type of funds, to generate a higher return in the future to finance college studies. The Prepaid tuition plan is buying tomorrow’s tuition at today’s cost. Student Loan programs have four categories starting with Federal Stafford Loan, Federal PLUS Loan, Federal Graduate PLUS Loan and Federal Consolidation Loan. Work Study is only applicable for students who are working. ROTC Scholarships, also known as Reserve Officer Training Corps Scholarships, are only for the officers in the Army, Navy, Marines, or Air Force.

Navigation

• Homepage
• About
• Advertising
• Archives
• Contact

Categories

• Auto Finance
• Bank Accounts
• Credit
• Financial News
• General
• Insurance
• Savings

Resources

• American Express
• Car Finance Calculator
• Car Insurance Quotes
• Cash Advance
• Credit Card Balance Transfer
• credit cards
• Credit Repair
• Debt Advice
• Debt Consolidation
• Debt Consolidation Service
• individual voluntary arrangement
• Insurance Quote Search
• Payday Loans
• protected trust deeds

Debt Consolidation Advice, Help and News from Debt Advisers Direct

• Consumers took on more mortgage debt in July August 26, 2010
  Consumers took on £2bn more mortgage debt than they repaid in July, according to the latest figures from the British Bankers` Association (BBA). This represented a 4.1% annual increase in net mortgage lending by banks, the report adds. Gross mortgage lending came to £8.4bn in July, but this was down on the £8.6bn seen both a month earlier and on average […]
• Debts called in by parents August 26, 2010
  According to research, `the bank of Mum and Dad` is now calling in its debts - as parents ask for larger amounts of money back from their children, The Telegraph reports. The findings revealed that one in 10 grown-up children either gave or lent, on average, £8,250 to their parents last year. This figure is £1,750 higher than it was in 2008. More than on […]
• Teenagers `scared of debt` August 19, 2010
  Nearly two thirds of teenagers are `scared` of debt, according to a survey for discount website MyVoucherCodes.co.uk. Fully 64% of 1,482 teenagers (aged 14-17) questioned said that they`re actually scared of debt. 53% said they don`t trust lenders. 21% said that they didn`t plan to take out a loan or have a credit card - ever. Of the people who didn`t wan […]
• Rising household costs could pressure people in debt August 10, 2010
  The UK may be about to see a rise in food price inflation that could put extra pressure on already-stretched household finances, The Independent reports. Kantar Worldpanel, a market research firm, has forecast a rise from 2% to 4% in grocery-price inflation by the end of the year. The firm attributes this to growing wholesale prices of things like wheat an […]
• Pensions debt may impact workers` retirement funds August 5, 2010
  According to a report by actuaries LCP, an entire generation of workers may be left with little money to retire on because companies haven`t reduced their pension debts, lv.com reports. £17.5bn was paid into employee pension pots by large firms during 2009 - which helped slash the top 100 firms` overall pension debt by around 50%, to £51bn. However, as t […]