Wereing up on the back to school season, and that means one thing back to school shopping! There are a lot of expenses that can pile up in August, so we want to know what you still need. Have you been saving for a car orputer? Are you waiting for dorm supplies to go on sale? Let us know whats left on your list!
Once youve voted, dont forget to check back next week for the results!
Weve all heard the news about the trouble state governments have had this fiscal year, and the proposed budget cuts to deal lower debts for next year. What you might not know is that your higher education could be on the chopping block, especially if you attend a public college where more of the costs this fall may be pushed to the students. As this fiscal yeares to an end, the budget needs to be finalized in each state and as a result of government cuts, many public colleges will lose large fractions of their funding.
We realize that covering all of your expenses can be a challenge, especially when government loans and financial aid just arent enough. Private student loans can help you find the money you need to finance your education. Private student loans also offer a variety of borrower incentives. These can include co-signer release, graduation rewards, APR reductions and more depending on the lender.
Speaking of which, we are pleased to inform you that one of the major private loan lenders represented by the Student Loan Network, PNC Bank, announced earlier this year that PNC Solution Loans are now available with no origination fees.
IBR is a repayment plan offered for most federal loans. The standard 10 year repayment plan calculates monthly payments based on the amount of your loans, but IBR is different because it is determined based on your ie. If you have a high debt to ie ratio, then IBR can help to lower your monthly payment amounts.
IBR is available for all federal loans except for Parent PLUS, and Parent PLUS consolidation loans. Eligibility is determined by ie, and family size. Below is a chart for determining monthly payments.