Good Financial Reads: Student Loans and Financial Aid

Student Loans and Financial Aid

Student Loan Cancellation – 4 Things to Know in 2021

by Matt Elliott, Pulse Financial Planning

Potential student loan cancellation has been an area of much speculation with the new Biden administration. So far, not much has changed, but there are a lot of misconceptions out there. Here are the 4 most common questions I get (and what you should do with your student loans in 2021):

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Do You Have to Pay Back Grants?

by Sahil Vakil, MYRA Wealth

The cost of college keeps rising, making it harder for students to attend without any financial aid. Fortunately, the government provides a few ways to offset the cost of secondary education. It all starts with the Free Application for Federal Student Aid (FAFSA), which every student attending college must complete.

Completing the FAFSA may make students eligible for a variety of financial aid programs, including grants and federal student loans. Most students don't have to repay grants, but there are a few exceptions.

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Expected Family Contribution – What is the EFC and How Does It Impact Financial Aid?

by Chris Ladd, TriPrescient Financial Services

If you have a student bound for college in the next few years and are beginning to wonder about how to pay for it and the financial aid process, a good place to start is understanding the Expected Family Contribution (EFC).

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FAFSA Basics - 7 Questions Answered About the Free Application for Federal Student Aid

by Chris Ladd, TriPrescient Financial Services

If you have a high school senior, a child in college, or are considering higher education for yourself and you haven’t yet completed your FAFSA form for this year, then put that at the top of your To-Do-List this coming weekend!

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Following along with the blogs of financial advisors is a great way to access valuable, educational information about finance — and it doesn’t cost you a thing! Our financial planners love to share their knowledge and help everyone regardless of age or assets.

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