Spring is in the air and college acceptance letters are rolling in. In addition to acceptance letters, schools may also provide a financial aid offer letter. This letter will include details on the financial aid that the school is offering the prospective student and could be comprised of federal loans, grants, and/or scholarships. In reviewing [...]
Editor’s Note: If you don’t recognize Carlos’ name yet, you will soon. Carlos Quintanilla is the newest addition to the SPP team. Most of you know Susan Snyder who basically makes sure everything gets done around here – well, we’ve finally got Susan some help in that, welcome Carlos (you can learn a bit more [...]
Do you know a teacher, nurse, government employee or employee of a non-profit with student loans? If so, they will want to be aware of the changes made this week to the Public Service Loan Forgiveness Program. In short, the program was designed to encourage students to enter these careers by providing forgiveness of student [...]
Late last night the Senate passed an economic stimulus package which is expected to be passed by the House and voted into law. Most importantly, we want to focus this update on areas that will be helpful to those most impacted. We’ve been reading through the broad array of information in the 883 page bill! [...]
News is moving fast so we wanted to provide a couple of updates to the below (as of 3/20/2020): Taxes: The tax filing deadline has now been moved to July 15th to match the change to the payment deadline that was made earlier this week. We encourage you to continue to move forward with your tax [...]
News is moving fast so we wanted to provide a couple of updates to the below: Taxes: The tax filing deadline has now been moved to July 15th to match the change to the payment deadline that was made earlier this week. We encourage you to continue to move forward with your tax prep, especially if [...]
It is the time of year that many students are receiving acceptance letters to colleges. With that comes navigating the financials involved with paying for it. Below is an article from EFC Plus with an explanation on how to read a Financial Aid Award Letter. The most important part of analyzing the information is in separating [...]
This month, President Obama announced some significant changes to the FAFSA program starting next year. One of the key changes to be aware of is changing the date when you are able to submit an application. Starting next October, you will be able to file as early as October 1st, as opposed to January 1 under [...]
As a follow up to our post earlier this week, today CNNMoney published an article on the differences between public & private loans in the case of death of the borrower. This illustrates another big difference between the two types of loans.Click the link below for the article.http://money.cnn.com/2014/07/28/pf/parents-student-loans/index.html?iid=Lead
In our previous post we briefly mentioned the various options available to recent graduates for repayment of their student loans. Here is an overview of those options along with some important resources to consider when deciding the best strategy for yourself.What Type of Loans Do I Have?The first thing to understand is the type of loan [...]
