Direct Loan Consolidation may be an answer for you if you're having trouble making monthly payments on multiple student loans. They work by consolidating (combining together) your loans into one single loan. What are the pros and cons of doing…
When it comes time to repay your loans, you have several repayment plans to choose from. This is great news! But, which one is best for you? The answer depends largely on your financial situation and career plans, among other…
With the world becoming more of a global economy, employers are looking to hire employees that have intercultural experience. Globalization demands employees navigate the waters of cultural sensitivity, communication and understanding. That said, the benefits of the overseas experience goes…
If you have received a notice from your college financial aid office that you have been "selected" for verification, you may feel overwhelmed. Perhaps you thought the financial aid process was over. After all, you filled out your taxes early…
With the rising cost of college tuition and mounting student debt, attitudes are shifting on whether a college degree is truly the "ticket to the middle class." A survey published in the Pew Research found that only 38% believe that a college…
There are several, but one example is your IRA (Individual Retirement Account). You can actually use your yearly contribution to your IRA to help with lowering your EFC (expected family contribution) and shelter money from the prying eyes of the…
Perhaps you've heard the horror stories of college graduates with loads of debt by graduation day. Are these stories true? In some cases, yes. A recent survey of 750 colleges by Fidelity Investments found that "70% of the class of…
The big day finally arrives and you find yourself holding the financial aid award letter from your college of choice. This is the one that you’ve been waiting for! As you scan the myriad of numbers on the page, your…
Google the phrase, “Stafford loans,” and you’ll receive hundreds of hits about rate increases on student loans taking place. However, the information is confusing and searching the Internet doesn’t help any. CNN posted that rates on “nonsubsidized Stafford loans” would…
So, you've finally received your financial aid award letter. Congratulations! As you read through the letter, you may see a myriad of terms and abbreviations that can challenge even the best financial planner. Award letters are as unique as the colleges that they are…