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Financial Aid
Nellie Mae - At Nellie Mae, we believe cost should never prevent a student from achieving his or her higher education goals. In fact, since 1982, we've helped more than a million students and their families pay for college by providing a broad range of loans under the Federal Family Education Loan (FFEL) Program and privately funded loan programs.
Headquartered in Braintree, Massachusetts, we work with colleges and universities nationwide to provide useful and successful loan programs. For example, we offer convenient online application options, including prequalification for Federal PLUS and private loans, Federal Consolidation Loan applications, and downloadable Master Promissory Note (MPN) forms for Stafford and PLUS Loan borrowers.
To help students remain brilliant borrowers, we offer cash-back rewards for on-time repayment, convenient online loan counseling and debt management, and the industry's brightest customer service. Sponsored Schools
U.S Department of Education - The U.S. Department of Education's Federal Student Aid (FSA) programs are the largest source of student aid in America, providing nearly 70% of all student financial aid. Help is available to make education beyond high school financially possible for you or your child. The information provided here is designed to assist you in your college planning. It provides you with access to and information about the products and services that you will need throughout the financial aid process.
FSA is financial help for students enrolled in eligible programs at participating schools to cover school (a four-year or two-year public or private educational institution, a career school or trade school) expenses, including tuition and fees, room and board, books and supplies, and transportation. Most federal aid is need based. The three most common types of aid are grants, loans, and work-study.
Grants are a type of financial aid that does not have to be repaid. Generally, grants are for undergraduate students and the grant amount is based on need, cost of attendance, and enrollment status. Federal Pell Grants for the 2002-2003 school year ranged from $400 to $4,000. Federal Supplemental Educational Opportunity Grants will range from $100 to $4,000.
Loans are borrowed money that must be repaid with interest. Both undergraduate and graduate students may borrow money. Parents may also borrow to pay education expenses for dependent undergraduate students. Maximum loan amounts depend on the student's year in school.
International Scholarships - International Scholarship Search is the premier financial aid and scholarship resource for international students wishing to study abroad . At this site, you will find the most comprehensive listing of grants, scholarships, loan programs, and other information to assist college and university students in their pursuit to study abroad.
Our mission is to promote international education worldwide through the development and publication of the most comprehensive database of International Scholarship information available on the Internet.
Finanacial Aid News and Articles :
Online colleges that offer financial aid assistance
Most if not all online colleges offer financial aid. If you’re thinking about or planning to take online degree classes – whether it’s a bachelor’s degree, master’s...
The Perkins Student Loan
Have you heard of the Perkins student loan? The Perkins loan works similar to other programs with a few enhancements. Below is information on this little brother to the Stafford student loan program....
Student Financial Aid - How to pay for College
Your decision to apply to college is a very important one. First you must hurdle the problem of how to pay for college. There is student financial aid available to help you...
What are grants and scholarships?
The main difference between a grant and a scholarship is that a scholarship has far more restriction...
Important Financial Aid Questions to Ask
College students and parents looking to choose a college likely to award them sufficient grants can ask the college's financial aid office these important questions...
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