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Articles Archive for November 2007

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[30 Nov 2007 | No Comment | 0 views]

SHHHHH
At some companies, the Holidays bring joy and days off from work….here at Edvisors…it brings bad moods and 14 hour days. JUST KIDDING! We are nearing the time when we draw names for our Secret Santa gift exchange…and the anticipation is killing me. Who will I get? Who will get me? Will I get Vodka? [...]

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[29 Nov 2007 | No Comment | 1 views]

Source: FAFSA blog
A quick FAFSA update…for the first time ever, the only way to file a FAFSA, is online. I remember when I was a first time FAFSA applicant, back in 1998…my mom and I slaved over the FAFSA forms. We were so relieved when we finally sent them off. I waited for about 2 [...]SHARETHIS.addEntry({ title: “FAFSA- Online Filing Only”, url: “http://www.fafsaonline.com/fafsa-blog/2007/11/29/fafsa-online-filing-only/” });

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[28 Nov 2007 | No Comment | 11 views]

For prospective or current college students, it is important to know the 2 different types of the Stafford loan. It is not news that if you are going to take out a loan, you should be well educated about the loan, for obvious reasons….but equally as important is realizing what these loans mean for [...]

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[26 Nov 2007 | No Comment | 2 views]

Source: FAFSA blog
As we approach the end of calendar year 2007, it’s a good idea to turn our eyes to the future and start thinking about our 2008 financial aid efforts. Here are 5 strategies to help you make the most of the waning days of 2007 with payoffs in the year to come.
1. See [...]SHARETHIS.addEntry({ title: “Top 5 End of year financial aid strategies”, url: “http://www.fafsaonline.com/fafsa-blog/2007/11/26/top-5-end-of-year-financial-aid-strategies/” });

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[19 Nov 2007 | No Comment | 1 views]

In a recent staff meeting, we discussed the issue of freedom of choice and the Stafford Federal Student Loan.
When you, as a first year student, signed the promissory note for the Stafford Federal Student Loan, you may have signed what’s called a Master Promissory Note, which is essentially a four year loan application. As you [...]

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[19 Nov 2007 | 3 Comments | 123 views]

This number is the effective income you make per year, and since the FAFSA is the government’s way of determining financial need, your adjusted gross income greatly affects how much financial aid you are eligible for.

… Right off the bat, if you can max out your contributions to eligible retirement plans like 401ks, IRAs, and other retirement vehicles, you’ll lower your AGI and improve your eligibility for aid – not to mention help save for the future.
SHARETHIS.addEntry({ title: “Adjusted Gross Income and the FAFSA Form”, url: “http://www.fafsaonline.com/fafsa-blog/2007/11/19/adjusted-gross-income-and-the-fafsa-form/” });

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[11 Nov 2007 | No Comment | 0 views]

At recent financial aid conferences, much has been made of the fact that:

high school students may choose not to go to college partly because of complex financial aid paperwork such as the FAFSA
college students may opt to pay for college with private student loans instead of federal student loans due to the FAFSA

Questions for you, [...]SHARETHIS.addEntry({ title: “Why Wouldn’t You File a FAFSA?”, url: “http://www.fafsaonline.com/fafsa-blog/2007/11/11/why-wouldnt-you-file-a-fafsa/” });