Financial aid last step for seniors<http://loan-for-study.blogspot.com/2009/12/financial-aid-last-step-for-seniors.html> As fall semester ends and winter commencement approaches, graduating students need to be aware of their future student loan payments.
Dan Davenport, director of admissions and student financial aid services, said students should know where their loans are in the direct loan program. “Seniors should be aware of how much they borrowed and their repayment options,” Davenport said. A majority of students have a 10-year payment plan, and payments change depending on how much money students have borrowed. The minimum monthly payment is $50. After graduation, every student has a six-month grace period until each Direct Subsidized and Unsubsidized loan need to be paid. “I suggest that students go to http://www.dl.ed.gov and look at all of their loans and simulate their payments,” Davenport said. As of July 1, a new income-based repayment schedule has been enacted which requires students to pay an amount on their student loans based on their income during any period when they are having financial difficulties. Read More ClickHere<http://loan-for-study.blogspot.com/2009/12/financial-aid-last-step-for-seniors.html> -- Asalam o Alaikum, You Are Receiving This Message, Because You Are A Member Of FOCUS ON ISLAM, A Google Group [..:: The Best Group For Nice Islamic Mails ::..] \/<<<<>>>>\/<<<<>>>>\/<<<<>>>>\/<<<<>>>>\/<<<<>>>>\/<<<<>>>>\/<>\/ You can Post Your Comments and Suggestions to Me [Moderator of this Group] on this email address: [email protected] To visit your group on the web, go to: http://groups.google.com/group/focusonislam/ To post messages/mails to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] Please forward our Mails to Your friends, and convence them to join our Group. Wanna subscribe to this group, send email to [email protected] \/<<<<>>>>\/<<<<>>>>\/<<<<>>>>\/<<<<>>>>\/<<<<>>>>\/<<<<>>>>\/<>\/ *********************************************************** The Official Website of Group is LAUNCHED, http://www.geocities.co
