Consolidating private student loans through government
If you don’t have enough entries on your credit record, it can impact your ability to borrow – just as if your credit were poor.
Even returning students and single parents find themselves without adequate borrowing power.
Requesting federal financial aid starts with submitting a standardized form called the Free Application for Federal Student Assistance (FAFSA).
The application gathers data about your personal financial picture relating to college, and your and your family’s ability to meet expenses.
Economic shifts and the globalization of the workforce have contributed to a re-tooling trend among older students who are engaging in post-secondary education.
Adults who are retraining to launch second careers are increasingly recognized by scholarships, grants and loans for single parents returning to college.
Until recently, non-traditional college students have been forced to fend for themselves in a college assistance arena that favors recent high-school graduates.
Non-traditional students have access to many of the same large-scale student assistance programs that other undergraduates rely on, as well as a stable of resources that specifically target returning students and single parents.Proper college budgeting and making prudent borrowing decisions are fundamental to meeting expenses without creating unmanageable student loan burdens for college graduates.