Monday, June 27, 2011
Friday, June 24, 2011
The average cost for a college education per academic year is around $20,000. Most students today are finding it extremely difficult to pay the bill. However, this is where scholarships and grants for college students play an important role. The purpose of grants is to make higher education affordable for students who need it the most. Scholarships are awarded based on many factors like GPA, race, major, and so on.
Grants and scholarships are both free money that students do not have to pay back. However, obtaining them has a few prerequisite that must be fulfilled. For example, grants are awarded only to financially needy students to help defray the cost of an education.
Posted by Humble's collection at 6:46 AM
Monday, June 13, 2011
Students require financial assistance for continuing collage studies as they do not usually have means to support them selves from own pocket. In the UK, students have many options in taking loans as per their repaying capacity and personal circumstances. Through student loans it is possible to smoothly meet all expenses towards the costly higher studies. In taking student loans the UK students have many options.
There are federal loans which are specifically given to students, federal loans that are offered to parents and then there are private loan given to students and parents.
Posted by Humble's collection at 6:33 AM
Wednesday, June 8, 2011
The Federal Student Loan (FSL) is financial aid for anyone interested in furthering their education at college or university. It is also called Federal Direct Loan. The U.S. Department of Education administers the federal student aid program.
Posted by Humble's collection at 6:14 AM
Friday, June 3, 2011
“The human species, according to the best theory I can form of it, is composed of two distinct races, the men who borrow, and the men who lend…”
- Charles Lamb
…And in the case of a student in need of financial assistance, Federal Student Loan programs and Private Loan programs will alleviate his monetary dilemma by acting as the ‘lender’, handing money to the said ‘borrower’ in the form of student loans.
So, what are student loans?
In simplistic terms, student loans are loans given to students in need of financial assistance in their pursuit of higher education. With student loans being loans, they logically entail the borrower paying back the money that was lent to him.
Posted by Humble's collection at 10:30 PM