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In This Issue
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Financial Aid News, May 2009
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This month, we announce the Student Loan Network, March $10,000 Scholarship Winner! We also provide you with the tools to find financial aid this summer and excellent ways to earn course credit during break.
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Feature Article: 5 Tips for Getting Student Loans
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 As we head into the warm summer months, many students choose to ignore their student loan needs, which leave them scrambling in the fall. Before you begin you're vacation, lets take a quick look at the process to make sure your all set.
1. Do your paperwork. All federal student loans like the Stafford loan require you to have filed your FAFSA. If you haven't done so, visit FAFSA form help.
2. Clean up your credit. Unlike the Stafford, PLUS and private student loans have credit requirements. Learn how to improve your credit score.
3. Determine who's paying. For Stafford loans, the student is the borrower and has responsibility for repaying the loan. For Parent PLUS loans, the parent is the borrower has responsibility to repay. For private student loans, the student is the borrower and the parent is usually the cosigner, so while the parent has some obligation if the student doesn't pay, it's still the student's obligation.
Read the full article for steps 4 and 5 »
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Get ahead on your degree. Take summer classes.
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 Is there a course that you have not been able to fit in to your schedule last semester? Do you want to get ahead with your course work? Summer Session is a great opportunity to meet your academic goals and still balance your education with real life demands.
Search for Summer Classes Now »
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Announcing the March $10K Scholarship Winner!
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Student Loan Network $10,000 Scholarship Winner
Jonathan Olson - University of Iowa
 I have just left my job to return to school to complete an undergraduate degree in Actuarial Science. With student loans racking up, this scholarship couldn't have come at a more useful time. Thank you so much, ScholarshipPoints!
Sign up for the July $10,000 Scholarship Drawing »
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Get Your Questions Answered at the Financial Aid Forum
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 Not sure how to find additional aid for next semester? Confused about cosigners, interest rates, or other financial aid terms? Have a question about scholarship deadlines? Not a problem, we have your answers!
Visit FinancialAidForum.com to have your questions answered by our financial aid experts.
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