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Changes in Student Aid

November 30th, 2009 No Comments

With January 1st quickly approaching, let’s review the changes made to student financial aid that were effective as of July 2009. These changes include lowering the cost of student loans, an increase in aid for Pell Grant recipients and military aid recipients, and providing help for students who find themselves in unmanageable debt. Grants: Through [...]

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Income Based Repayment

October 21st, 2009 No Comments

Income Based Repayment (IBR) was enacted on July 1, 2009 as part of the College Cost Reduction Act. If you are a borrower experiencing financial hardship, have low income in comparison to your debt, or pursuing a career in public service IBR may benefit you. IBR is designed to make repaying the cost of your [...]

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