Manageable Student Loans Education is a very important choice in any person’s life. There are many things that you have to consider as you begin to prepare yourself for the big step, in order to fully educate yourself for what is to come. Me, for example, I had to go through a step-by-step process in order to gain what help I have with my education. Research played a big key in what I know today, along with advice from other people in my life. When I first considered going back to school, I spoke to my mother (who had also decided to return to school) about student loans and programs that would help fund me. She gave me a few websites to look into, that explained more to me what student loans were and how important they would be to attain. After some consideration, and talking to advisors, I had gained enough knowledge on them for me to make my decision. I currently do not have a job, but I was told that I would be given a grace period –6 months for Federal Stafford Loans and 9 months for Federal Perkins Loans– to attain a job, and start paying back my loans. At the beginning of my school period, I was approved for two grants, a Pale Grant and a Federal Loan (I cannot remember the name of it) to help me pay for school. Even though I do have to pay them back later on, it will help me get through school a bit easier. From everything that I have learned from this class and from my Financial Advisor, there are steps that I can take in order to help myself with my loans. For example; my advisor told me about a program that will help me –if/when I plan to go back to school after this round– with my funding. The program in which I speak of, happens to deal with freezing my tuition through graduation. Sounds scary, right? Well, it’s really not. What it is, is a program that makes your tuition stay at the same rate throughout your time at the school. This means that for each year, your tuition –funding from an outside source– won’t gain any interest rate until after you graduate. I also learned that I could opt to send the unused money from my tuition, back to the program that sent it out. This is actually a good idea. Instead of gaining the check and spending the money on something else, you can send it back to help reduce the loan payment. There are times I think I should send back the money that I receive through the checks, but then I sit and think about how much it could help by setting it into a savings account and letting it gain interest. I could use this to…
Manageable student loans
Chanel M. Van Fossan
Manageable student loans
Starting collage is a huge step in anyone’s life no matter what age you are because you have to think about all the responsibility that comes with it. Going to class, finding study time, and have to pay for it all. When it comes to paying for school you have so many options on how to pay. Financial aid, student loans, scholarships, grants, and if your luck pay everything straight upfront…
I choose “Loans”, specifically, college student loans, for my motivational essay topic. I chose it not only because it is an interesting topic but also because it will be an inevitable part of my peers and my college experience so it is important to be informed. I strongly believe there are numerous steps to prepare for the future and hopefully save money by being aware of our options and understanding how the process works.
One of the ways we can be aware is to understand the loan terminologies…
Most students graduating from college have high student loan debt. In the following paper, it will explain how a student can avoid having high debt and how my financial plan will be executed.
A financial plan is a series of steps and goals that will be used to eliminate debt. In this case, this plan will be used to eliminate or avoid the debt brought on by a college education. Most college education debt comes in the form of student loans. As described in this week’s reading “A student loan is a…
My personal goal is going to be to get my credit score up in the next three years so I can get a loan for a house. My Fianc’e and I are currently spending four thousand and eight hundred dollars a year renting a house that we will never own. Our goal together is that we are going to get married in two years and then a year later, apply for a loan to get us our first home that we will own together. I have terrible credit which is why I am making it my personal goal to get my credit score up within…
private universities and colleges, tuition has become a top controversial issue. Whether it’s a current student or an incoming freshman it’s not easy paying for college no matter what the social class. Majority of students who are in college are not completely paying out of pocket either. If a handful of students were taken and asked how they are paying for college, they would without a doubt say loans. With that tuition reforms, or policies that are in the making to fix the pricing of tuition, have come…
apply the techniques and strategies essential to this understanding. Primary areas of study include creating and managing a personal budget, understanding and paying taxes, working with financial institutions, wise use of credit cards and consumer loans, financing automobiles and homes, and the use of insurance for protecting one’s family and property.
To introduce myself more fully, I am posting my biography in a separate note to our Chat Room forum. After you have read my…
Gandhi’s essay “Economic and Moral Progress;” talks
about Gandhi’s life and how everyone has a right to live and make a living
Testament, Luke Chapter 16;” preaches on wealth and poverty
Hitha Prabhakar’s article “6
MustFollow Money Tips For College Students;” informs new college students how manage
Gandhi expresses inner assurance when he points out, “‘You are on the right track,
move neither to your left nor right, but keep to the straight and narrow way’” (333)
of higher education in America is return on
investment. Why do most students attend law school? We know
the standard answers. Most of us have written them: To advance
justice. To serve the underprivileged. To right wrongs and ensure peace.
Most students, however, are motivated—at least partially and often
substantially—by something else. They attend law school in order
to make more money.
The need to deliver returns on students’ educational
investment is at its apex in applied fields such as law…
the market segmentation strategy adopted by the two products are analyzed and revealed.
1. Demographic Market Segment
Market segmentation is a process of defining and subdividing the large homogenous consumer population into identifiable and manageable segments according to the similarity of needs and demands and the behavioral, geographic, psychological and demographic characteristics (Campbell & Butaney, 1996). Due to the scarcity of organizational resources, most of the businesses are not capable…
commonly two options available to pay for college: get a student loan with huge interest rates, or apply for scholarships to keep the price manageable. In every school library, there are quite a few books on graduation, including guides for taking the ACT, SAT, and other related topics. There is one book that the title alone seems racist: “The African American Students College Guide.” In the library, there were no other college guides for students of other colors. The obvious conclusion is that the library…