College Resource Center

Sep
8
2014

Financial aid when parents and their children both enter college

Mother and daugther smiling at laptop while using webcam

When it comes to qualifying for financial aid, it’s generally true that having more people in the household attending college at the same time may increase financial aid eligibility. For example, when siblings are both in college simultaneously, both of their FAFSA’s account for this and financial aid eligibility can increase. But what happens when [&hellip…

Posted by Kenneth OConnor

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Sep
5
2014

Your financial check up for week one of college

Actual Cash: A thing of the past

It’s an exciting first week starting or returning to college. Here are some financial check up items to help along the way. Get connected to a digital payment provider: Quickly transferring or receiving money from friends or family via your phone is a simple way to manage small transactions. Imagine this, you and friends go [&hellip…

Posted by Kenneth OConnor

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Sep
3
2014

One weird old tip to learn college financial literacy….

Yes, we are serious

This one weird old tip has made a comeback to help college students learn financial literacy by managing their loan debt. Begin Loan Repayment while in school It sounds simple enough, but why have folks ignored it until recently? Let’s take a look at the objections most commonly used to avoid this successful strategy, and [&hellip…

Posted by Kenneth OConnor

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Sep
2
2014

Pros / Cons on federal and private student loan consolidation

pros cons cusl chalkboard

Trying to figure out a way to consolidate student loans? Here are some fundamentals to consider when comparing options. 1. ┬áThere are basically two ways to consolidate: Federal Direct Loan Consolidation: This program is supported by the federal student loan program, and specifically for federal student loans. ┬áPrivate student loans are not allowed to be [&hellip…

Posted by Kenneth OConnor

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Aug
26
2014

Student Loan Refund Do’s and Don’ts

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Student Loan Refund season is here! This is when the semester gets started and students look forward to gaining any extra money left after financial aid and student loans cover their college expenses. Student loan refunds can be used for typical student expenses, like supplies, lab equipment and technology. However, since refund checks originate basically [&hellip…

Posted by Kenneth OConnor

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