What you should know About College Aid:

EXPECTED FAMILY CONTRIBUTION

Many students and parents automatically think they make too much money, when their Expected Family Contribution (EFC) is too high, after they have complete their FAFSA form.  They look at their bills and debt, and realize they cannot afford to pay the tuition amount displayed on their computer screen. So in retrospect, they take out a high interest loan and decided to take on the financial burden 4 years later. Yes this solves the problem now, but when you or your child begins his or her work career they will have student loan bills close to $1,500 a month depending on the expense of the school or the loan company. There is no doubt in my mind that, you will save close to ten thousand a year using this service.

STUDENT LOANS

LOAN CONSPIRACY:

First and foremost you must understand that education is a business, and money is their primary concern. Say what you want to, but money is the primary concern for all schools; and if it wasn’t, schools would let you register for classes even if you owned money on your student account. Once you understand this, you will know why it is so important to use the resources you have available to avoid these scandals.

• Believe or not, but schools would rather you have loans instead of grants. The days of free rides are over; they left in the 70s and 80s. All aid is need base and if you do not show a need you won’t receive any aid, "No ticky, no washy." Many schools have built additional facilities, private summer homes, and bought luxury cars from private student loan kick backs. These loan companies are so hungry for your business that they actually pay money to be on a schools loan list, and if the school meets the quota these loan companies have set forward; the school will then be given kick backs or perks for their assistance. How does the loan company pay for these kick backs and perks? They increase your loan interest rate and origination fee. Another reason its so important to use this service, we keep you from having private loans.

PRIVATE LOANS VS. SUBSIDIZED LOANS:

• Private student loans have higher Interest rates than auto, home, or business. Why? Because, you can’t repo a person’s education. This is why it’s better to qualify for subsidized loans; the government pays the interest and guarantees the loan, which lowers your repayment amount.

LOAN CONSOLIDATION:

• Many people do not take the loan consolidation process seriously. If you do not have government loans, the loan consolidation process is extremely difficult. Unlike students with the government loans, you are not receiving any phone calls to consolidate. Why? Your interest rate is extremely high and the banks know the likelihood of you repaying the loan completely is slim to none without a cosigner. So they make it hard for you to consolidate a private loan without a credit worthy cosigner. Remember their in it for the money. Many people do not concern themselves with this fact, because either they think they can handle the payments or they think the payments will be affordable. We are here to tell you that the banks do not make it affordable, because they need your money to cover the students who have defaulted on their loans. So allow us to help you with your FAFSA so you can avoid bad credit and debt traps.

VERIFICATION FORM

The Verification form is the most important form in the financial aid process! I repeat the Verification form is the most important form in the financial aid process! There is a misconception in the education world that your expected family contribution (EFC) is the exact amount of aid you will receive for your school of choice. This is false. Many schools rely on the verification form to seek out errors and mistakes so they can have you make changes to your FAFSA. This in actuality delays your financial award letter, putting you at risk of losing the aid your FAFSA application, said you were entitled to.  They also, encourage you to make changes so your expected family contribution (EFC) can be increased. Schools also, penalize you for sending in your forms too late. If your verification form is late many schools eliminate grants you were supposed to receive. They generally tell students they spent all the money. Putting you back at square one and forcing you to take out more loans. This is why it’s so important to use the assistance of our company with your verification form.

FREE HELP?

Before you allow anyone to help you with your FAFSA you must know this.

"Nothing in life is free"

What do you consider free help?

Is taking out a high interest loan for thirty thousand dollars free help?

Is having to beg a parent or family member to co sign on a loan free help?

Is paying thousands of dollars in interest while in school free help?

Or is having your school take out fifteen thousand dollars a semester from your personal bank account free help?

There have been several blogs on the internet posted by Colleges, and Universities warning students and parents not to use FAFSA filling services. They encourage parents to use their offices because the help is free, and their privacy will be protected.  So please, ask yourself why. Why would the same colleges and schools that have been caught up in the recently exposed student loan scandal, all of sudden care about the money we spend and our privacy?  Are you thinking what I’m thinking?