College Loans How Much Is Too Much?

Many college lobbyists are debating over whether to increase the amount of money a student can take out in college loans. Financial-aid administrators are asking Congress if there will be a change in the amount of money a student can take out as the student loan amount was set over a decade ago.

Does the loan amount need to be changed or are student’s debt too much?

Looking from articles to government research and study reviews and the always interesting discussion forums has made me realize the amount people are taking out in loans. I come from a small town in Washington so by making the big move to attend college in California has me experiencing something mind blowing everyday.

Reading some students loans are as high as 100k, 200k, and even 450k has me wondering is it really worth taking out all those loans for certain colleges or is it just what needs to happen in our society today.

Depending on what job and career you are searching for it can be worth the time and money but it is wise to take out the least amount of money in college loans.

Some alternatives and tips to help limit loans you take out.

• Look for a school that will work with you and wants you to attend their college. They will be more likely to work with you on your financial aid package and issues than a college that you have to fight to get in.

• Lower-cost alternatives. It is wise and seen by many students to start out at a two-year college than transfer to a four-year to have some money. Make sure that you get the classes and degree that transfer to where you are going before making the decision to transfer.

• Get a job. A part-time job might not seem to help out that much but it adds up in the end while giving you a little extra money for school and fun here and there.

Well hopefully you enjoyed this post and I will write again soon.

Have a great day and God Bless!

College Simple Learning Tips

1) Model after successful people in your area and learn from them to learn and educate yourself faster than ever. There is too much information and homework for you to master by yourself at college. Don't work alone and surround yourself with others that have the same passions of learning.

2) Learn to manage your time and set aside frequent study sessions throughout the week. This will quicken the learning curve and help you retain the information needed to succeed in your passion.

3) Use several learning methods when studying difficult information. This will prepare to better and faster for the college exam or midterm while also storing the information in your ling term memory.

4) Become an active learner with everything you study in college and in life. Don't spend hours on top of hours reviewing and studying certain information but equipt yourself with methods of learning that will accel the learning curve.

Have a great day and God Bless!

FAFSA #1 Financial Aid for College Students

Have you ever wondered who gives out the most money in financial aid to college student besides the colleges? If you guessed the government, you are right.

The federal government every year gives out more than $70 billion in grants, loans, and work-study awards to millions of student each year. The FAFSA (Free Application for Federal Student Aid) is a must when seeking money for college and plus it is free.

Completing this form could be the most beneficial thing in receiving money for college than any scholarship or grant you receive elsewhere.

The FAFSA goes by your family’s income, assets, and similar information to calculate how much of your money can go into college. Your eligibility for federal aid and other programs depends on this information while also determining eligibility for both undergraduate and graduate aid.

Things needed when filling out the FAFSA:

• Social Security Number.
• Driver’s license number
• W-2 Forms.
• Your federal income tax return.
• Current bank statements and records of stocks, bonds, and other investments.
• Records of other untaxed income received.
• Your business or farm records, if applicable.
• If you are NOT a US citizen, your alien registration number.

Simple tips for completing the FAFSA:

Double check your information is correct and that the form is filled out completely.
Make sure to file the FAFSA as soon as possible after January 1 and keep renewing it each year right after January 1.

Applying online is the fastest way to submit form and receive the results. Requesting a PIN (Personal Identification Number) from www.pin.ed.gov is the first step to completing the FAFSA.

When you start the FAFSA nine step process, make sure you complete each step to avoid making further correction that will delay your submission of application.

More tips and info is coming soon.

God Bless!