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Student Loan Directory
FAFSA Application for Federal Student Aid

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6 Last-Minute Tips for Financial Aid Applicants

Votes:19 Comments:0
6 Last-Minute Tips for Financial Aid Applicants deadlines to apply for financial aid are fast-approaching. Over the next few days or weeks, many students will be making sure they're filing the READ MORE
http://www.smartmoney.com/Personal-Finance/College-Planning/6-Last-Min...

Help for Forms and Repaying Loans The dreaded financial form will be easier to f...

Votes:27 Comments:0
Help for Forms and Repaying Loans The dreaded financial form will be easier to fill out next year, and loan payment is more affordable. By Kim Clark Posted August 19, 2009 Applying for financial READ MORE
http://www.usnews.com/articles/business/paying-for-college/2009/08/19/...

Financial Aid Glossary

Votes:11 Comments:0
Financial Aid Glossary Accrued Interest: Daily interest that is calculated on the unpaid principal balance of a loan at the rate specified in the promissory note. Capitalized Interest: Daily inter READ MORE
http://www.fafsa.com/Forms/Ajax/FAFSA/financial-aid-glossary.aspx...
All college students are expected to contribute towards their education costs. How much you and your family will be expected to contribute depends on your financial situation ? and is what?s called your Expected Family Contribution (EFC). The Free Application for Federal Student Aid (FAFSA) is the form the U.S. Department of Education (ED) requires to determine your Expected Family Contribution (EFC). The government conducts a ?need analysis? based on financial information, such as income, assets, and other family information, which you (and your parents if you are a dependent student) will be asked to provide. Your application is examined by a federal processor and the results are sent by computer to the financial aid offices of the colleges you?ve chosen. The FAFSA is the application most colleges use to determine eligibility for federal, state, and college-sponsored financial aid, including grants, educational loans, and work-study programs.
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