Financial aid guide for students and parents

Simply College
College Saving Plans

College Saving PlansWhen you start saving money for college education, you will find it essential to spend less money and accumulate more on a weekly as well as daily basis. There are ample of options available to multiply the money as a part of financial planning for college. It is important to recognize the right alternative which could help you save thousands of dollars in long run. Following are the different college saving vehicles available -

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Truman Scholarships

Truman ScholarshipsAre you an undergraduate student who wants to do something constructive for the society or your country by working in education sector or in government institute or for nonprofit organization? If yes, then you should apply for Truman Scholarship, which offers $30,000 for doing graduation in law or doctorate or masters degree in various fields like education, public health, international affairs, public policy and social work.

Truman Scholarship is administered by the Harry S. Truman Scholarship Foundation and it is provided to around 65 junior college students or third year seniors every year.

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Rising Tuition Fees – Trend of ‘Disproportional’ Inflation

Trend of Tuition inflation‘Inflation’ is a simple yet powerful term due to the hard fact that rising inflation has enduring social and economic impacts. Mere mention of this term snaps the attention of economists as rising inflation is undesirable. Economists are always concerned over rise in prices of commodities as it reduces the purchasing power of people. If high inflation of commodities is considered bad and taken so seriously, why a blind eye is being turned towards the rising inflation in tuition fees?

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Types of Financial Aid

Choosing a college or a university for higher education may depend on a number of diverse factors but in the end it may get stuck up on the question of dollars and cents.

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Glossary – Financial Aid Terms

While applying for financial aid for paying college fees, one comes across many terms which sound as if they are from some foreign language.

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Glossary – Financial Planning

If you are enrolled for any education loan or want to apply for student scholarship then you must understand important terminologies involved in it.

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Student Loan

Federal PLUS Loan

Federal PLUS Loan Federal PLUS Loan is referred as Federal Direct Parent Loan for undergraduate students. It is only type of Federal...

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Stafford Loan

It is commonly seen that cost of education rises with the level of education from school to undergraduate, graduate and post graduate.

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Federal Perkins Loan

Federal Perkins Loan is a kind of low-interest loan for graduate as well as undergraduate students who have extraordinary ...

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Federal Student Loan

Nelson Mandela has rightly stated ‘Education is the most powerful weapon to change the world.’ Education, with its endless benefits,

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Private Loans

Private loans help students in bridging gap between the amount government permits to borrow from the program and the exact cost of ...

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