Student Loans and Financial Aid

Stafford, Perkins and personal student loans. Financial aid may consist of scholarships, grants, and work study in addition to student loans.

Asked in Academic Writing, Student Loans and Financial Aid, Writing and Composition

What is an example of an analytical exposition text?

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Answer Analytical Exposition Sample in Learning English Why is Learning English Important? Language is the mean of communication. Mostly groups of society have their own languages. Some of them appear the top global languages. Most people in the world hear about English, Arabic, and Mandarin. However English is the most global spoken language. Then if a man wants to catch a global goal, he has to master English. Everyone recognize that English is an international language. English is used in writing and speaking by many people all over the world. It can be either as a first or second language. We even hear British, American, Australian, and even Singaporean English. Those various names of English are used as the first language in those countries. Futhermore, some countries have their own languages as a mother language but also use English mostly in daily comunication. Besides usage in daily interaction, English is also used as a key to open doors leading to scientific and technical knowledge. No wonder we find manual guides and instructions of many devices written in English. Even if we have a pack of instant noodle, we will see the cooking instruction also written in English. This transfer of science and technic will include many countries in economic, social and politics developement. Finaly, the most easily seen in the importance of learning English is that most top requirement in filling job opportunities is the ability using English; active or passive. Job applicants who master English are more favourable than ones who do not. The above facts prove that everybody needs to learn English if he likes to greet the global
Asked in Personal Finance, Loans, Student Loans and Financial Aid, Money Management

How can you pay off your student loan if you live overseas?

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Hey, Why dont you go for FAFSA assistance.. they provide good guidance in regards to federal student loan and are legit as well. One of my friend studying at http://www.northclevelandhighschool.com/ applied for loan through their online process and was able to pay it off on time due to the proper guidance they provided him... https://studentaid.ed.gov/sites/default/files/international-students.pdf you can read this out as well for more help.
Asked in Personal Finance, Loans, Student Loans and Financial Aid, Scholarships, Money Management

If you have little or no credit history can you get a student loan without a co-signer?

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* There really is no private lender that will approve you without credit history or a co-signer. The only sure thing is to get a credit card and use it responsibly for a year or two. That is, until the government cleans up it's federal aid system so it works for everyone. * It depends that how good you are in your education how efficient enough you can proof your self to get a loan of any type. Federal students loan and private students loan offers various advantages. You will not need any cosigner if you have good academic record.
Asked in Personal Finance, Loans, Student Loans and Financial Aid, Money Management

How long before outstanding student loans are forgiven?

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It doesn't matter how long you had the loan, you have to pay it back unless you are disabled, a teacher in low-income schools, part of the peace corps, or the school forged your signature. If you have a federal direct student loan you can go on an income-contingent plan that will forgive loans after 25 years in repayment. 25 years is the max---Never default on the loan.Many payment plans out there.Once you default you can never arrange and special payment plans Thanks Casey Mahoney
Asked in Student Loans and Financial Aid, US Air Force

How much does a RAAF pilot get paid?

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Salary on completion of Military (Initial Officer) Training and Employment Training: $52,124 per year ($1,999 per fortnight). Uniform Allowance at a rate of $682 per year ($26 per fortnight). Service Allowance of $11,662 per year ($447 per fortnight). Your salary will continue to increase based on your rank and the number of years of service completed in that rank. Visit:http://www.defencejobs.gov.au/airforce/jobs/Pilot/PayAndAllowances/?entryTypeId=8
Asked in Loans, Co-signing, Student Loans and Financial Aid, Money Management

Can co-signing a car loan affect your chance to get a student loan?

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Only your previous federal loan history affects your ability to get most federal student loans. For private student loans, your debt (including debts you cosigned on) are a factor that would be considered by most lenders in making a credit decision. Your potential lender may ask themself: "If this person had to repay the loan they cosigned on, and all the other debts on their credit report, plus the loan they are asking us to approve, could we expect them to repay based on what we know about their income and credit history?"
Asked in Personal Finance, Loans, Student Loans and Financial Aid, Money Management

If several loans are in default how can you find out who holds the loans and is there a phone number to call?

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A consolidation loan will allow you to get an income sensitive payment that will fit your budget, or you can file for deferment or forbearance. CALL THE DEPARTMENT OF EDUCATIONS LOAN FINDER LINE. THE NUMBER IS 800 621 3115 If they are federal student loans, you can also check the National Student Loan Database (nslds.ed.gov) which is the government's central database of student aid. If you have private student loans, there is no central place that tracks these. Best idea is to check your credit report. You can get a free yearly report at annualcreditreport.com.
Asked in Loans, Student Loans and Financial Aid, Money Management

Are there income limitations for Stafford Loans?

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There are no income limits for unsubsidized Stafford loans. Subsidized Stafford loans are awarded based on need. There are two types of Stafford Loans Stafford (Subsidized) - The interest portion of the loan is borne by the federal government. You can apply provided you spent at least half the time in school. Stafford (Unsubsidized) - Interest portion is to be paid even if the student is enrolled in the school. Offered to those with maximum borrowing capacity.
Asked in Loans, Student Loans and Financial Aid, Money Management

Can student loans be used for things such as an apartment or a car if it is necessary to complete the education?

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Your student loans are yours. You have to repay them later, so you do what you want to with them now. Yes, they are supposed to be for help in your education, but I am raising two kids and going to school only with my student loans. The only demand by the lenders is to payoff your loans on time, otherwise you can do anything with your loan as you want.
Asked in Personal Finance, Loans, Student Loans and Financial Aid, Credit Reports, Money Management, Credit

Do student loans show up on your credit report?

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yes, the private or federally guaranteed student loans will show up on your credit report. If you are delinquent or in default on your loans, you can get help with consolidating the loans at www.defaultms.com The loans will show up on your credit report, even if they are still designated as deferred. You will not owe anything until roughly 6 months after you graduate, and the loan status will change to active once repayment begins.
Asked in Personal Finance, Loans, Student Loans and Financial Aid, Money Management

How can you protect yourself from wage garnishment for a student loan already paid off?

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Provide proof you already paid the loan in full. That means front/back copy of canceled check or paid in full letter from the loan holder.
Asked in Personal Finance, Loans, Student Loans and Financial Aid, Money Management

If you have frightening credit can you still qualify for a student loan?

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Eligibility for Federal Stafford loans are not based on your credit so yes, it is possible to get a student loan even with "frightening" credit. The exception to that is if you have previously defaulted or are significantly past due on a previous student loan. Even in this case, there are options to clear this up pretty quickly, so you may continue your schooling. Finally, most private student loans are credit-based so for those, you will at the very least need a co-signer. Federal loans limits are too low. The "non-credit" based loans like Stafford need to raise their limits to approx. $10,000-$15,000 per year. Then a student has a chance to fully fund their own college tuition at a State College without help from parents. It is every child's right to go to at least a State college of their choice.
Asked in College Applications and Entrance Requirements, Student Loans and Financial Aid, Education

Is the United States Achievement Academy a scam?

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Sorry I don't agree with your answer. I have researched the internet and find that this "company" does sell your child's information to many other parties. It also continues to send letters to people who have graduated, who are already in college, who are now teaching and/or who NEVER had a GPA above a C. I find it interesting that my grandson, along with EVERYONE in his class got a letter with their name addressed in it. In the second paragraph it states... "Because only a relative handful of students anywhere in the United States qualify for this honor, we at The Academy are pleased to propose your child's inclusion in the prized USSA National Yearbook." The handful seams to be quite BIG! So it appears that anyone vain enough to want their child's name, address, phone number and email address (and picture for a fee if they don't want the book) , can fill out the form, send in their money and get their child published for anyone to see. AND they get to purchase the year book for just $59.95 if they want to. WHOOEEE! What an honor. On the student bio form it asks for the estimated GPA, but I'm quite sure that no one verifies it after they get your money... Just as they continue to send out mailings to people who are no longer in school and to unqualified students to begin with! Just another scam to get peoples hard earned money. You're better off saving it and looking into legitimate grants and scholarships.
Asked in Personal Finance, Loans, Student Loans and Financial Aid, Money Management

Can a bankruptcy be opened to include a student loan if the loan wasn't in default at that time?

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It would be a waste of time and money. The higher education amendment act made student loans non dischargable in Banruptcy Court. You would have to prove a major financial hardship to have it considered. It's next to impossible. A consolidation loan will allow you to get an income sensitive payment that will fit your budget, or you can file for deferment or forbearance.
Asked in Loans, Student Loans and Financial Aid, Education, Money Management

Who qualifies for student loans?

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The Lending Tree site provides an excellent discussion of student loan qualification. The site is attached to this question as a related link.
Asked in Student Loans and Financial Aid, Colleges and Universities

What does it mean to be a commuting student?

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A commuting student (as compared to a resident student) lives off campus (frequently with parents) and commutes to college or university.
Asked in Personal Finance, Loans, Student Loans and Financial Aid, Money Management

Can a car that you own be repossessed for college loan payments that you owe?

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Any assets you own, including cars, can be seized if they win a judgment against you in court. Since they can garnish wages and offset tax returns without taking you to court, those are the most common methods of collecting. No, they cannot take your car for college loan payments. They can, however, potentially have money taken directly from your pay and/or garnish your tax refunds. Your best bet is to try and resolve your account with the loan company. If you have defaulted, ask them about consolidating or rehabilitating your loan. If you haven't defaulted, there are many lower payment options, deferments and forbearances that may be able to assit you. Regards -Cicily You can get assistance with the consolidation of your loans through www.defaultms.com
Asked in Personal Finance, Loans, Student Loans and Financial Aid, Money Management

Why can't a Perkins Loan be collected through administrative wage withholding?

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BECAUSE THEY ARE NOT TITLE IV FEDERAL DEBT - THEY FALL UNDER TITLE XV. SOME STATES WILL INTERCEPT STATE TAXES FOR PERKINS LOANS- BUT FEDERAL TAXES CANNOT BE SIEZED. THEY ARE THE SAME IN THAT THERE IS NO STATUTE OF LIMITATIONS. Edit to add: the University that holds the Perkins loan can assign it to the US Department of Education for collection after default. Once assigned to ED, the loan is a Title IV Debt and can be collected by administrative wage garnishment like any other Federal Student Aid obligation.
Asked in Debt and Bankruptcy, Student Loans and Financial Aid

Can you get a loan after bankruptcy in Canada?

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After filing for bankruptcy in Canada you may borrow money. The risk is borne by the creditor. During bankruptcy, after filing but prior to being discharged, you may obtain credit with a value of up to $1,000. without advising the creditor of your bankruptcy. Should you seek to borrow more than $1,000 you are obliged to advise the lender that you have filed for bankruptcy.
Asked in Student Loans and Financial Aid, Scholarships

What are good scholarships for aspiring teachers?

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American Association of Physics TeachersAmerican Federation of TeachersApplegate/Jackson/Parks Future Teacher ScholarshipBrainTrack ScholarshipsBright Futures Awards: National ECE Scholarship ProgramDaniel Kovach Foundation Teaching ScholarshipHach Scientific FoundationHispanic Scholarship Fund (HSF)/State Farm Companies Foundation ScholarshipJames Madison Junior FellowshipJournalism Education AssociationKnowles Science Teaching FoundationNational Council of Teacher's of Mathematics' Prospective Secondary Teacher ScholarshipsPublic Allies Fellowship Program at Eagle Rock SchoolScholarship Grants for Prospective EducatorsSiemens ScholarshipSociety of Physics Students Future Teacher ScholarshipStraightforward MediaTeach and Inspire Scholarship program Straightforward Media Teacher Scholarship: Every three months this website gives out a $500 scholarship to students currently enrolled in a teaching program. National Board for Professional Teaching Standards Scholarship Fund: These scholarships are given out in varying amounts to current and future teachers in areas all over the US. The Coca-Cola Foundation Teacher Scholarships: Teachers nationwide can apply for a scholarship through the Coca-Cola Foundation and awards are given out in varying amounts. Applegate/Jackson/Parks Future Teacher Scholarship: Undergraduate or graduate students majoring in education can apply for this scholarship in the amount of $1000. Phi Delta Kappa Prospective Educator Scholarships: These scholarships are awarded to large number of students each year who are high school or college, are members of PDK, a sponsored club or have a parent who is. Awards range from $500 to $1500. Alpha Kappa Alpha Educational Advancement Foundation Scholarship: Undergraduate or high school students interested in pursing a career in education can get awards in varying amounts through this scholarship. American Montessori Society Teacher Education Scholarship Fund: Varying amounts are awarded each year to up to 20 students enrolled in an undergraduate education program. Common Knowledge Scholarship Foundation: Two freshmen college students in education will have a chance to win this $250 award each year. Zeta Phi Beta Isabel M. Herson Scholarship in Education: Awards between $500-1000 are given out to several undergraduate and graduate students who are majoring in education each year. AFT Robert G Porter Scholars Program: Between 4-10 undergraduate and graduate students majoring in education who have been AFT members for at least one year can win this $1000 award. Paul Douglas Teacher Scholarships: The Office of Postsecondary Education offers this award to high school students entering a program in education. It covers many fees, but will require students to commit to teaching for at least two years at a specific school after graduation.
Asked in Loans, Student Loans and Financial Aid, Debt Collection, Income Garnishment, Money Management

Can collection agencies garnish financial aid?

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I would think not, that money is to be used for educational expenses only! That money is backed by the federal gov't to be used for your education! If they did that I'm sure you would have court standing.

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