Should a student take loans or parent
[PDF File]Do You Need Money for College or ... - Federal Student Aid
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What is federal student aid? It’s money from the federal government that helps you pay for college, career school, or graduate school expenses. Aid is available through . grants, work-study, and loans. Every student who meets certain eligibility . requirements can get some type of federal student aid, regardless of age or family income.
[PDF File]PARENT PLUS LOANS—FREQUENTLY ASKED QUESTIONS …
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• Parent must be the student’s biological or adoptive parent or the student’s stepparent if the biological or adoptive parent has remarried at the time of the application. • Neither parent nor endorser can have an adverse credit history.
[PDF File]Actions a School Can C Take When a Student Dies
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obligation to repay those loans if the borrower dies (including a Parent PLUS Loan borrower’s obligation to repay a Direct PLUS Loan if the student on whose behalf the parent borrowed dies). If a student has died, the school should contact the loan servicer to ensure the servicer has any relevant information in the school’s possession.
[PDF File]Federal Student Loans Direct PLUS Loan Basics for Parents
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Direct Consolidation Loans —For eligible student and parent borrowers. A consolidation loan combines the borrower’s eligible loans into a single loan. To learn how interest rates are calculated on Direct Consolidation Loans, visit ... Federal Student Loans Direct PLUS Loan Basics for Parents
[PDF File]Choosing a Student Loan QRG - FinAid
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student loans. Smarter borrowing, however, can help you reduce your debt burden. 1. File the Free Application for Federal Student Aid (FAFSA). The FAFSA is a prerequisite for federal student and parent loans. The unsubsidized Stafford and PLUS loans do not depend on …
[PDF File]FEDERAL STUDENT LOANS
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As you review your borrowing history, you should make note of the following information for each loan that you received: • The loan type. Since you may have different types of federal student loans, school loans, private education loans, or loans you received through a state loan program, make sure you know all the loans you’ve received.
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