Tag Archives: Financial Aid Head Quarters (HQ)

Federal Loans vs Private Student Loans

Private vs Federal Loan Comparison Chart There are a number of differences between Private Student Loans and Federal Loans and we have provided a side-by-side comparison in the chart below: Federal Student Loans Private Student Loans Repayment Options Repayment will begin after you have graduated, withdrawn from school or change your enrollment status below half-time […]

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What is Financial Aid?

One of the most asked question when going back to school is,  “What is financial aid?”.  One of the biggest misconceptions about College Financial Aid is that funds borrowed from the Federal Government do not have to be paid back.  This is only partially true as Federal Financial Aid is made up of four types […]

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Subsidized vs Unsubsidized Loans

o keep it simple, both Direct Subsidized and Direct Unsubsidized loans are federal loans that are given to those students eligible for Financial Aid to help cover all or at least some of the costs associated with pursuing higher education at an accredited College, University or Trade School.  Both loans do not require any sort of payments while you […]

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Financial Aid Eligibility Checklist

We have included a very straightforward Financial Aid Eligibility Checklist below that will clearly break down what the Federal Governments eligibility requirements are for Financial Aid. Have a High School Diploma, GED certificate or home schooled and approved under state law. Have a valid Social Security number Be a U.S. Citizen or an eligible non-citizen. […]

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