by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | May 21, 2024 | Financial Aid
Federal Direct PLUS Loans, commonly referred to as Parent PLUS Loans (PPL’s), are uncollateralized loans made by the U.S. Education Department (ED) to the parents of dependent students to help pay for college. PPL’s are a type of Federal loan intended for parents,...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jan 8, 2024 | Financial Aid
One reason for the establishment of the U.S. Education Department (ED) in 1979 was to assist students in paying for a post-secondary education. Like corporations that market to consumers, the ED conducts much of its business with its student-consumers over the...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Dec 11, 2023 | Financial Aid
Most families welcome any type of external financial aid that can help them afford college. Although they may not accept all aid offered to them, they prefer a wide array of choices. The FAFSA process is the best way to obtain aid from Federal and state governments,...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Oct 30, 2023 | Financial Aid
The Federal Work-Study (FWS) Program provides a way for students to earn money for their education by working at a part-time job while in a college or career school. There are about 3,400 schools participating in the program, which is managed by the Student Aid Office...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Aug 28, 2023 | Financial Aid
In addition to the Free Application for Federal Student Aid (FAFSA), some college-bound students complete another application called the College Scholarship Service Profile (the Profile). The Profile is required by 240 colleges and a number of private scholarship...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jun 12, 2023 | Financial Aid
Millions of Americans lost their jobs after the outbreak of COVID-19 in early 2020. For many, this disrupted their ability to repay their Federal student loans, so repayments were suspended in March 2020. They were originally set to resume in September 2020, but the...
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