Obtaining Your Federal Student Aid

Do not go first in private lenders if you are having trouble for your college tuitions. There are times that our savings are not enough to help us earn a degree. Luckily, government offers Federal student aid for those who are desperate to finish college and avoid getting loans to bloodsucker’s lenders. First, fill out a FAFSA application form through your school or online. Once application has been approved, you can now obtain one type of Federal student aid. You are given the privilege to choose one. Read them below:

Student Work-Study. Government helps students who like to work while studying. But they only offer part-time position so the student can still focus on their studies while earning for their tuition payment. The work is based on their field of expertise.

The work will not only allow then to earn tuition payment but as well as to cover other school expenses. It does not also affect the financial aid status where a student can apply for another type of aid such as loan or grant.

Student Grants. Government offers scholarships to those deserving students to cover up for their college expenses. This financial aid type does not need to be paid back.

This Federal student aid type can offer up to $2,445 per year for their college tuition but depends on the institution. Student can also apply for grants from their school if the institution offers it.

Student Loans. Government offers loans to students who can afford to pay monthly settlement. In this way, the student can still go to college paying for the tuition monthly and without too much burden on their part.

You can gain a good credit rating that may help in your future lending of money from other institution. Some loans like Federal Perkins and Subsidized Stafford are paid by government.

Now you can decide what type to apply after your FAFSA has been completed and Fafsa pin number is obtained.

Easy Method of Applying Student Loans

Going to college is really expensive. Everything is expensive from tuition fees up to the books that you are going to buy. It is more expensive when you are going to a school far away from your hometown. That is why many high school graduates could not afford to go to college. Luckily, there are many financial aids that you can find such as student loans. There are many private lenders who are willing to help students give special deals for them to easily pay the loan and graduate from college, you can read here in My great lakes website.. Government also offer loans. If you want to apply, read the steps below so you can easily do the task and your loan will be granted.

  1. Get Free Application for Federal Aid form and fill it out completely before passing it to the Department of Education US. This form will determine how much money do you need to go to college and if you are fit for the loan. They give flexible payment method and low interest. As another option, private lenders are also good.
  2. To lessen the money you are going to borrow, you can apply scholarships, grants or any form of financial aids that do not require repayment. Student loans will be lessened so it will be less burden on the students’ side.
  3. Attending entrance counseling is a must for the student who has done it for the first time. This is important so you can be oriented about the process of this service and how you becomes to be a responsible borrower. This is to lessen the debt that might be incurred by the student.
  4. Master Promissory Note will also be passed containing your promise to return the money that you have borrowed. The form can be obtained in your school.
  5. You can also apply from private lenders in case the money from Direct Loan is not sufficient.
  6. Make sure to locate a low interest lender and read the contract before signing.

These are the very important steps that you will be doing when applying for college student loans.

Online Versus Traditonal Phoenix University Teaching

Due to the many advantages, professionals who have been taking up on traditional colleges are joining Online ecampus to earn a degree. One of the largest for-profit institutions is the University of Phoenix. This school has about 38 branches all over the states and 2 in Puerto Rico and Canada. Most of their clients are signing up the online courses because of many reasons. Courses are from education, social and behaviour science, technology, education and health care. But what do you think is good? The online or the traditional way of teaching in University of Phoenix or uop? Here in this article, you can read few of the feedback between the two.

You have to have discipline in learning the course. If you become undisciplined you will not pass the course and eventually fail. You are only to require 30 minutes or more to attend the class and do your homework.

The classes in traditional way follow rigid and strict schedule. You have to be on your class between the 6PM to 10PM schedules. If you have a job that allows you to stay late, you will eventually miss the lessons. If you are sick, you will miss a week of lessons. It needs flexibility of your availability to be on the class and attend the lessons.

The advantage of attending online class is the flexibility. You are not pressured of your schedule. You can take the day or night shift, depends on your availability. You are not also pressured to pass the homework. When you are finish, you can pass it any time of the day. Just as long as you are active every day on the class.

The advantage of traditional is you have the chance to stand in front of the group and enhance your communication skill through the weekly PowerPoint presentation of your learning. You are not pressured to voice out the learning of your team on that entire week.