All Paying for College Articles

What You Need To Know About Renewable Scholarships

Wind farm - ever wonder 'how do scholarships work when they're renewable'? scholarship search & applications
While winning a scholarship is great news, winning a renewable scholarship is even better. Unlike scholarships that offer winners a singular award, renewable scholarships offer money over multiple years. (Typically up to 4). This means, if the scholarship award amount is $2,000, the winner might get $2,000 annually for the next four years. A total …
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How Do I Prevent Student Loan Default?

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You know what happens if you default on your student loans—your credit history takes a hit. This can have serious consequences on your future financial prospects. Lenders are reluctant to approve loans to defaulters and even if they do, they will charge you premium interest rates. This is not a scenario that anyone wants to …
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What Is Financial Awareness Counseling For Federal Student Loans?

Quarter coin - you should complete financial awareness counseling questions & answers
Financial Awareness Counseling is a government service that helps students understand their loan commitments as borrowers. This is done through an online interactive tool called the FACT or Financial Awareness Counseling Tool. Generally, the aim is to help borrowers manage their finances better to prevent potential financial disasters. All students and families who have federal …
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Ways To Change Your Student Loan Interest Rate

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When you take out a student loan, you’ll have an interest rate that you will have to pay on the amount that you borrow. For the most part, interest rates will remain consistent throughout the life of your loan (especially if you opted for a fixed rate). Interest rates greatly affect how you calculate student …
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