Personal Finance and Money Management

Lets start at the beginning, shall we? A withdrawal from school is when a student ceases to be enrolled before the closing of a period of enrollment. The actual date depends on your school and how semesters are arranged. Dropping a class or two does not count as a school withdrawal, and the following standards do not apply in that situation. Note: You always want to officially withdraw, as an unofficial withdrawal may lead to failing grades and a poor transcript.

In the case of a withdrawal, your school is required to return a portion of your Title IV aid to the Department of Education. This includes only the federal aid you received, private loans are treated differently.

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For busy students, these hour-long webinars can be a relatively quick and easy way to get a little more finance-savvy. Below you can find a list of these webinars with dates, times, and more detailed information.

• Money 411: October 21 & 28 at 1pm Central time
  This webinar will focus on the top 5 money mistakes made by students which range from how to budget, to the appropriate uses of credit cards and loans.
• Credit Card Smarts: November 4 & 11 at 1pm Central time
  Credit cards can be a great way to pay for everyday items conveniently, but only if youre smart about it.

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Applebaums website forgivestudentloandebt is dedicated to providing information about this idea and inspiring people to join the movement. The thought behind this grassroots movement is to stimulate the economy by allowing people to spend more money, rather than using it to solely pay off debt. Heres some background straight from the source:

ForgiveStudentLoanDebt is a grassroots movement that began as a proposal authored by Founder, Robert Applebaum, entitled Forgive Student Loan Debt to Stimulate the Economy  which he posted to a Facebook group by the same name in late January, 2009… ForgiveStudentLoanDebt was founded so as to take this growing grassroots movement to the next level through lobbying, education and advocacy for aplete overhaul to the way higher education is financed in this country.

Congressman Clarkes bill has the same goal. Th

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Here at the Student Loan Network, we get A LOT of questions about how loans get disbursed. When will I receive my funds? How long does it take? Will the school notify me? If you can think of a question about the student loan disbursement process, chances are, weve heard it.

The trouble with these questions is that the disbursement process is not the same everywhere. Schools implement their own procedures and this can make answering questions difficult. Disbursement dates vary depending on the school, how terms are broken up, etc. However, in most cases, your school will disburse your loans in two installments , each half of your total awarded amount.