As you may recall, last year, Congress voted on whether to raise the subsidized Stafford loan interest rate to 6.8%, or keep it at 3.4%. Congress decided to prolong the decision for another year and keep the subsidized interest rate at 3.4%.

Senator Elizabeth Warren has introduced the Bank on Students Loan Fairness Act. This act would allow students to borrow at the same rate as banks, which is about “one-ninth the amount that students are asked to pay”.

To help families through this award letter season, here is a breakdown of how and when to accept—or apply for—all types of student loans.

Once again, subsidized student loan interest rates are facing an impending increase. Without action, students may see rates double to 6.8% next year. Learn more!

TweetYou can refinance your mortgage, but can you refinance your student loans? The short answer is: possibly. Let me elaborate. Refinancing is a tool commonly used by borrowers in the housing industry to lower interest rates. In regards to student loa…

The recent sequestration has impacted education across the board, and Higher Ed. is no exception. Here’s a brief overview of what to expect from student aid programs going forward.

The recent sequestration has impacted education across the board, and Higher Ed. is no exception. Here’s a brief overview of what to expect from student aid programs going forward.

February is Financial Aid Awareness Month, which makes it the perfect time to finish up your FAFSA (Free Application for Federal Student Aid), learn about Stafford loans, and find as much scholarship money as you can to help pay for school. And this issue of the Finacial Aid News will help you do just that.

TweetEvery year we get the same question, so here is your answer: For the 2013–2014 year, the FAFSA will be green, with a purple section for parents. For the current year, 2012–2013 the FAFSA is orange. In previous years: 2011–2012 FA…

You may have heard of Stafford loans, PLUS loans, and private student loans, but do you really know the differences between them? Is one type of loan really better than the other? Let’s find out.