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Top related persons:
Kent Nishimura - 1 Colton Stedman - 1 Biden - 1 Stedman - 1 — - 1 Jack Wallace - 1 Yrefy - 1 he's - 1
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Washington , South South Saint Paul , Minnesota U.S Yrefy
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Washington , D.C - 1 Los Angeles Times - 1 Getty - 1 Consumer Financial - 1 Bureau - 1 South Saint - 1 Finance - 1 Governors - 1

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3 mentions found


☆ These risk factors suggest borrowers could struggle when student loan payments resume, report finds
  + stars: | 2023-07-03 | by ( Ana Teresa Solá | ) www.cnbc.com   time to read: +4 min
People line up outside of the Supreme Court in Washington, D.C., on June 30, 2023. Kent Nishimura | Los Angeles Times | Getty ImagesMany student loan borrowers face risk factors that suggest they could struggle covering their bills, especially after the Supreme Court struck down President Biden's federal student loan forgiveness proposal and repayment will resume in October. "I wasn't necessarily surprised," said Stedman, who graduated from college in 2013 with just under $40,000 in student loan debt. For his part, Stedman said he's found his student loan debt to be a "challenge" since graduation. 3 things to consider as loan payments resume
Persons: Kent Nishimura, Colton Stedman, Biden, Stedman, —, Jack Wallace, Yrefy, he's, It's, Wallace Organizations: Washington , D.C, Los Angeles Times, Getty, Consumer Financial, Bureau, South Saint, Finance, Governors, Federal Reserve System, College Board Locations: Washington ,, South, South Saint Paul , Minnesota, U.S, Yrefy
☆ College acceptance and financial aid letters are going out — how to understand your offers
  + stars: | 2023-03-18 | by ( Jessica Dickler | ) www.cnbc.com   time to read: +5 min
watch nowUnderstanding the college financial aid letterOne of the first things to understand when assessing aid letters is the formula colleges use to come up with the expected family contribution. Kalman Chany financial aid consultantFurther, not all colleges include both direct and indirect expenses in the total "cost of attendance." As a rule of thumb, add an extra $4,000 for those indirect costs if they are not included in the aid offer, Chany said. Differentiate free vs. borrowed moneyIn most award letters, there are often several financial aid options, including grants, scholarships, work-study opportunities and student loans. If your circumstances are now different, that should be brought to the financial aid office's attention with documentation.
☆ 3 strategies can get you more financial aid for college
  + stars: | 2023-02-27 | by ( Jessica Dickler | ) www.cnbc.com   time to read: +3 min
Apply for financial aidIn ordinary years, high school graduates miss out on billions in federal grants because they don't apply for financial aid. Even now, many families haven't applied for financial aid. Financial aid is determined by income information that is not necessarily up to date. If your circumstances are now different, that should be brought to the financial aid office's attention with documentation. If the financial aid package from another comparable school was better, that is also worth documenting in an appeal.
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