August 2006


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The Student Loan

 by: John Williams

The rising costs of college tuition have made it almost a necessity to apply for a student loan today. Students not only have tuition costs, but the cost of books, meals, gas, cell phones, recreation, etc. The variety of student loans enables students to take care of their varying college expenses. A student loan however, is a loan that must be repaid under specified circumstances.

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Each of the following are student loans with differing conditions and time frames for repayment:

A Direct Student Loan is a loan with a schedule of repayment six to nine months after the student has completed school. The Direct Student Loan is distributed through the school the student is attending, which enables the interest rates to be much lower than a Guaranteed Student Loan.

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Guaranteed Student Loans, also known as Stafford Loans have a low interest rate. A student can apply for a subsidized or unsubsidized student loan. A subsidized loan means the government pays the interest for you while you are in school. The subsidized student loan is based on the students financial need. An unsubsidized student loan means you will be charged interest while you are attending school. The principal must start being paid after you have finished school. Both types of student loans need to start repayment six months after the student has finished college.

Federal Parent Loans or PLUS loans as they are known is a student loan not contingent on your income, but lenders do consider personal credit history. Parents or guardians who have a dependent child enrolled in college at least part-time are eligible for the PLUS loan. The interest rate is 9% or less.

Virtually any school or program will allow you to utilize the Direct Student loan, Guaranteed Student loan or PLUS loan. It is very important to thoroughly research all available options for funding long-term education. Your future is tied to your funding, which is your student loan.

About The Author

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John Williams is the student loan blogger at http://studentloan.blogspot.com. He reviews student loans and interprets often complicated financial data into simple to understand language.

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College is expensive but money is available to help you pay the way! By doing a little research and filling out a few forms, you can find money through scholarships, grants, loans, and tuition assistance such as work study.

Scholarships

There are more than one million scholarships available each year to reward students who have distinguished themselves academically, athletically, musically, or in some other way. Scholarships pay for some or all of a student’s college costs through cash or tuition reimbursements.

The primary government counterpart for scholarships is the Reserve Officers’ Training Corp (ROTC) program. Through ROTC, military branches offer full scholarships to students who agree to serve in the military for a certain number of years after graduation. Religious groups, professional associations, and civic organizations are other sources of scholarships.

Grants

Grants are financial aid awards that do not need to be repaid. There are Federal, state, and private grants available.

Federal: There are two main types of Federal grants:

The Pell Grant is the largest federal grant program. It provides up to $3000 per year based on financial need

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The Federal Supplemental Educational Opportunity Grant provides from $100-$4,000 per year, depending on when you apply, your level of need, the funding level of the school you’re attending, and the policies of the Financial Aid Office where you attend school
Special grant programs through the National Health Services Corps and the Armed Forces are available for students entering the health and medical field.

State: All states provide some type of grant, scholarship, or tuition assistance programs.

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Your state’s higher education agency can give you information about state grants, including the State Student Incentive Grant (SSIG) Program. This program is funded jointly by individual states and the U.S. Department of Education.

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Private: Many private grants are available. Your university may offer institutional grants from its own resources.

Loans

Once you have exhausted all the scholarships and grants available to you, it is time to look at loans. Federal loans are the largest source of financial aid available. Check the information below for information about the major types of Federal loans:

A Perkins Loan is need-based and you must be at least half-time student. The interest rate is fixed at 5 percent and you can borrow up to $3,000

A Subsidized Stafford Loan is need-based and you must be at least half-time student. The interest rate is variable with 8.25% cap. You can borrow up to $2,625 year 1, up to $3,500 year 2, and $5,500 for years 3-5

An Unsubsidized Stafford Loan is available for any student who is at least a half-time student. The interest rate is variable with 8.25% cap. You can borrow up to $2,625 year 1, up to $3,500 year 2, and $5,500 for years 3-5

A Parent PLUS Loan is for the parent of a dependent attending at least half-time. The interest rate is variable with 9% cap and it can cover the cost of attendance less total financial aid offered. It is available year round and can even pay for back expenses.

If you don’t qualify for Federal loans, private loans are also available through banks and credit unions.

Work Study

The Federal Work-Study Program provides jobs for undergraduate and graduate students with financial need, allowing them to earn money to help pay education expenses.

So how do I get all this financial aid?

Your first step in applying for any government money, whether federal or state, is to complete the Free Application for Federal Student Aid (FAFSA). For more information about the FAFSA and how to apply, you can visit NextStudent’s FAFSA On The Web section located here: https://www.nextstudent.com/fafsa/fafsa.asp.

Other ways to find out about financial aid sources include:

Check with state agencies in both your home state and the state in which you will attend college to find out about grant opportunities
Check with your college Financial Aid Office about institutional grants and scholarships
Check with your high school career counselor about grants and scholarships you may be eligible for
Search the internet for student loans, scholarships, and other financial aid opportunities
Check with the your parents’ employers to see if they offer any scholarships
Check with the advisors of any clubs you belong to, about scholarships that might be available
As you can see there are many ways to get money for school. Make sure you cover all bases and try to get the free money first, and use student loans if the need arises, and you will end up paying for school in the most efficient manner possible.

This article is distributed by NextStudent. At NextStudent, we believe that getting an education is the best investment you can make, and we’re dedicated to helping you pursue your education dreams by making college funding as easy as possible. We invite you to learn more about how to get money for college at NexStudent.com.

About The Author

Vanessa McHooley from SanDiego California.

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The X-factor…

 by: Neil Millar

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Would you agree that today most of us have the same set of opportunities and the same set potential?

If you agree with me, then perhaps you might like to consider this puzzling question: if we all have the same opportunities and potential why are some people more successful than others?

It could be said that some people are more privileged than others, and while this is certainly true, you could argue that there is proof in every day life of people who started off with zero and went on to accumulate incredible wealth. It could be said that some people have better academic ability than others and while this is true you could argue the case of all the people who achieved success after years of under-achieving in education. It could be said that some have more talent than others, and while this is true, there is always someone who has achieved huge success based on determination and a lot less talent.

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And it could be said that there are always exceptions to rules… and if this is the case then I question how, if there are exceptions to rules, the rule came to be a rule in the first place!

I m a writer: a novelist and an author of personal development material and as such, I m a keen researcher because I want my work to have depth. What I want to share with you is some of that research - research that highlights a couple of, in my opinion, the vital steps to success in any endeavor.

What I ve found is that the successful people start with a couple of very important qualities. These qualities, I believe, are so vital to success that, if you took it away, I doubt they could ever succeed.

What s more is this: most people who have not, or are not succeeding in life in a way they would desire fail to do these two things. So let me enlighten you

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People who succeed - people who live life with a purpose - know what they want to achieve right at the beginning of their adventure to success. They are clear on their life path or Life Purpose. They know what they want in life and they select only opportunities that bring them close to the desired result. And the other thing they do?

People who succeed know who they want to be as they move towards their success on that path of Life Purpose. They use their past to shape their future, keeping what they like and what works and discarding what fails and thwarts them.

Think about it and see if you agree: if you knew what you wanted and got clear about who you are and how your past experience could be harnessed for the good of mankind then would anything be able to stop you if you consistently applied yourself in that direction?

I doubt it!

About The Author

Neil Millar, author of the adventure novel with personal growth, Black Water and the personal growth books Greater Steps to Happiness and Be the Hero in your Own Life, writes newsletter articles for Unstoppable Life along with Life Purpose coach, Jo Ball.

Get tips, stories and ideas on achieving what you want in life in a monthly email. It s FREE and we ll even send you a copy of Greater Steps to Happiness as a way of saying thank you for joining our subscription list http://www.unstoppablelife.com.

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Valuable Audio Resources for Teachers

 by: Jillian Gregory

Are you a first year teacher? Have you taught in the past and are returning to the classroom? Do you crave knowledge about specific tips and tricks that will help your school year run smoothly? You might be brand new to the education scene or have a few years of teaching under your belt. Either way you can learn from teachers, professors, and educators with years of experience in the field of education through audio books.

After grading papers and reading all day long, your eyes may be fatigued. Give your eyes a rest and listen to educational strategy books instead. You can curl up on the couch to listen or learn while commuting home from school. The extra knowledge you can garner from listening to these audio resources is valuable and will affect your teaching in a positive manner.

What audio books should you check out? If you are a first year teacher then you definitely want to listen to “The Essential 55″ by Ron Clark and “Educating Esme” by Esme Raji Codell. The Essential 55 discusses 55 rules that Ron Clark employs in his classroom to great success. Every teacher should be aware of these rules as they will make their teaching experience enjoyable and effective. The rules range from having students properly follow classroom protocols to standing up for what you believe in. He also provides tips for dealing with parents and discipline issues, both of which are a recurring theme in teaching.

In addition, you will want to listen to Educating Esme before your first year of teaching. Many new teachers are excited, but nervous at the same time. Educating Esme provides a hilarious account of a teacher s first year. Take comfort in the joys, successes, and setbacks that Esme endures during her first year of teaching. This audio book will help inexperienced teachers feel like they are not alone.

Psychology plays an important role in education. You need to understand the needs of each child and fill those needs appropriately. Spend some time listening to “The Education of Children” by Alfred Adler. This timeless book provides insight on personality, social development, and the role of the parent.

Other great audio books to check out are “The Closing of the American Mind” by Allan Bloom, “Cultural Literacy” by E.D. Hirsch, Jr., and “Dangerous Minds” by LouAnne Johnson. You might have seen the movie Dangerous Minds in the 1990 s. Listening to the audio version, with a focus on teaching, will help you succeed in a difficult classroom. By adding these audio books to your listening library, you will cover social issues in education that are hot beds of debate today.

You have stocked your classroom with the basics such as pencils, paper, and textbooks. Now it is time to take your supplies a step further by listening to these entertaining education titles. They are a resource that will prove immensely useful in your classroom experience.

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About The Author

Jillian Gregory writes for LearnOutLoud.com, an online portal for educational and self-development audio and video material which can be found at http://www.learnoutloud.com. For the HTML version of this article complete with links to the titles that were mentioned, please visit http://www.learnoutloud.com/teach01

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Tips on Finding the Best Online Degree Programs

 by: Tripp Taylor

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Do you want to finish school and get a degree? Are you unable to go to college campus because you can’t fit into your busy schedule? Perhaps you have to work at varying times. Perhaps you have kids to take care of or other responsibilities. Whatever the reasons may be, there are many people that want to get a degree at a college campus, but they just don’t have the time to fit it into their random schedules. If you happen to be one of these people, perhaps you should consider getting an online degree. If you have no clue how to do this, or if you would just like some information, please read on for some tips on finding the best online degree programs.

There are many online degree programs available. You can really choose any online degree program you want. This is because literally everything is done online. This means if you live on one side of the United States, you can still take an online college degree programs from the other side of the United States! With online degree programs, you can get your degree at your own pace and around your busy and ever changing schedule. The best part is that you can do it right from the comfort of your own home! A great place to start to look for online degree programs are at online–degree.net. This website lists hundreds of accredited online degree programs for you to choose from.

When choosing between the online degree programs, make sure you pick on that offers free job placement assistance for you when you graduate. Also look for an online degree program that allows you to take the courses again for free as refreshers. When checking out their websites look for one that offers a free consultation by phone or email so that you can get better information. If this is not available, or if the website is very vague about the online degree programs, then stay away from it. Also, when you think you found the right online degree program for you, try to see if the courses offered also provide you with ways to chat with other students and teachers if you are in need of help with a subject.

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Those were the most important tips on finding the best online degree programs. There are a lot of options for you to choose from when you begin your search. Take all of these tips into consideration before making your choice between the various online degree programs. With the right online degree program, you will be one step closer to getting a better education and landing that dream job you have always thought about!

About The Author

Tripp Taylor offers expert advice and great tips regarding all aspects concerning Online Degrees.

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