Filed Under (Loans) by Kathryn Evans on 21-06-2011
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.
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Filed Under (Loans) by Kathryn Evans on 11-06-2011
Thanks to all of you who voted in our recent poll, What are your summer plans? Were back to bring you the results! Not surprisingly, it looks like the majority of voters , plan to work this summer, while taking classes came in second at 24%. Its awesome to see so many students making the most of their summers, but Im glad 21% of students are also taking some time to relax.
Its interesting to see that travel beats out getting an internship , especially considering the growing importance of internships. In this economy, getting ahead through internships is a great alternative for those who cant find jobs, though instead of money, youd be getting college credit. This seems counterintuitive, but getting real world experience can helps students land jobs faster and may even open a lot of doors in the process.
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Filed Under (Loans) by Kathryn Evans on 29-05-2011
Do you have a job lined up for the summer? Are you planning a great vacation? Taking a summer class? Whatever youre up to, we want to know about it! Take our poll to let us know what youre plans are this summer
ScholarshipPoints members, login to ScholarshipPoints now to redeem the code SUMMERPLANS for 15 scholarship points. Code expires on Wednesday, June 1st, 2011.
Filed Under (Loans) by Kathryn Evans on 21-05-2011
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.
Full Article
