My daughter is a Junior at St John’s University in New York City.
I just checked her financial aid record and discovered that so far,
it has cost over $82,000 to attend.
$82,000 THOUSAND DOLLARS.
$82,012.36 to be exact. And she still has at least one more to go.
The tuition is $24,400 per year (and increasing).
That adds up to […]

Below are some terms that you often come across  as you sort through
the maze of financial aid readings to apply for financial aid…
Expected family contribution (EFC)
Expected family contribution (EFC) is a formula used by the
U.S. Department of Education to determine student eligibility for
such financial aid as Grants, Subsidized Student Loans, or
participation in Work-Study.
The formula assigns […]

With all the different types of financial aid available, it can become confusing.
Below are some students loans explained in an easy to understand manner. 
Stafford loan
A Stafford loan is a federal loan program that allows students to borrow
to pay for college. Loans are made by either a private lender or directly
from the federal government.
If eligible, a student can […]

Frequently Asked Questions about FAFSA…
Q. Who can assist me with any FAFSA questions that I have?
 
A. You can call the Federal Student Aid Information Center at
 1-800-4-FED-AID (1-800-433-3243)
with questions about the FAFSA on the Web or paper application process
or about federal student financial aid in general.
In addition, FAFSA on the Web filers can get help at
http://www.fafsa.ed.gov/faq001.htm
 
Q. […]

A PLUS Loan sounds like just what I need for my child.
What are the eligibility requirements for PLUS Loans?
PLUS applicants must meet the general eligibility requirements
for the federal student financial aid.
If a parent is borrowing on behalf of a dependent undergraduate student,
the student must also meet the following general eligibility requirements:
The PLUS applicant and the student […]

PLUS Loans
The law now allows for graduate and professional degree students
to borrow money from the PLUS program.
The terms and conditions that apply to parent PLUS Loans
which  are made to parents of dependent students, also apply to
PLUS Loans that are made to graduate and professonal degree students.
These terms and conditions include:
 - a requirement that the applicant NOT […]

Student Loans - Grants - Schlorships
2006 was a record fundraising year for colleges and universities.
Nationally, donations from alumni rose 18.3 percent from 2005, according
to new figures being released by the Council for Aid to Education (CAE).
Colleges and Universities brought in an all-time high of $28 Billion Dollars…
– a 9.4 percent jump from the year before.
Stanford University […]

Education creates success. Education creates opportunities.
Unfortunately, the cost of higher education keeps getting higher each year.
This Blog - www.StudentLoanDebtConsolidationSite.com
…will help you through the process of applying for federal financial aid
as well as other areas concerning finances and financing your college education.
If you’re wondering how you will pay the high cost of higher education,
the information contained […]

Federal Student Aid Information Center (FSAIC)
1-(800) 4-FED-AID - 1-(800) 433-3243
TTY users (for the hearing-impared) can call
1-(800) 730-8913
Callers in locations without access to 1-800 numbers
may call (319) 337-5665 (this is not a toll-free number).
The FSAIC staff can answer your federal student financial
aid questions and can give you all the help you need -FREE -
including:
* information about […]