Loan Holders may register to access Electronic Payoff and Return Funds Services available online through the U.S. Department of Education's Direct Consolidation Loans Web site. The U.S. Department of Education offers the following services through its web site:

• Online Account Registration
• EFT Payoff Service Enrollment
• EFT Return Funds Service Enrollment

Online Account Registration

All loan holders are required to register and provide information about their organizations including the contact information for the loan holder administrator who will be responsible for their Electronic Payoff and Return Funds Services account. Once registered, the organization’s designated loan holder administrator can grant access to these online electronic services to other users in their organization. The security features of this web site allow only authorized users from an organization and the Direct Consolidation Loans (Consolidation Department) to view the organization’s data.

Agency Loan Holders: Agencies must register their organizations to access the SF1081 payoff manifests posted online. Once registered, agencies can easily view and download SF1081 payoff manifests directly to their systems. Agencies can notify the Consolidation Department of overpayments and underpayments of principal, interest, collection costs and other eligible fees online via this web site.

Agencies can enroll in EFT Payoff and Return Funds Services. The EFT Payoff Service enables agencies to receive Direct Consolidation Loan collection cost payments via ACH or Fedwire instead of checks. EFT Return Funds Service allows agencies to send overpayments of collection costs via ACH instead of checks. EFT Services enables loan holders to receive and return payments faster and more securely.

Private Loan Holders: Private loan holders that register their organizations must also enroll for the EFT Payoff Service to access the payoff manifests posted online. In addition, private loan holders can enroll for the EFT Return Funds Service in order to return overpayments through ACH to the Consolidation Department.

EFT Payoff Service Enrollment

The EFT Payoff Service allows loan holders to receive loan payoffs via ACH or Fedwire rather than individual checks. Loan holders have the option to download manifests directly to the loan holder’s systems. Payments sent by Fedwire, transfers funds within one to two days. ACH transfers funds in loan holders designated accounts in about 3 days from the date the Consolidation Department posts the payoff manifest online. Enrollment in the EFT Payoff Services can result in reduced check processing expenses.

Loan holders enrolling for the EFT Payoff Service must provide the organization’s DUNS numbers (unique identifier assigned by Dun & Bradstreet), Taxpayer Identification Number, Fedwire or ACH funds transfer preferences, EFT financial institution information and Loan holder’s bank account information.

EFT Return Funds Services Enrollment

Loan holders enrolled in the EFT Payoff Service can enroll in the EFT Return Funds Service. This service allows loan holders to return overpayment to the Consolidation Department via ACH rather than by check. This service also allows organizations to create Payment Adjustment Manifests through the web site that includes the loan detail for organizations EFT Return Funds ACH payments. In addition, the service provides the opportunity to request additional funds for loans that were not fully paid off by the Consolidation Department’s prior payments. While the online Payment Adjustment Manifest feature is not required for participation in the EFT Return Funds Service, the Consolidation Department encourages all organizations to utilize this service option.

Update Electronic Payoff and Return Funds Services Enrollment

Loan holders previously registered for Electronic Payoff and Return Funds Services can add to their existing enrollment by submitting additional enrollment requests. To apply for additional enrollment services, Loan Holder Administrators need to log on to Electronic Payoff and Return Funds Services Online and proceed to the Administration web page section to access these services.

United States The United States uses a federally guaranteed student loan program to help college students pay for their education. The program allows students to borrow money with interest and subsidized loans allow them to defer payment until they are no longer in school. And although these are loans, with interest, the student loans are generally offered as part of a total financial aid package that may also include grants, scholarships, and/or work study opportunities. In the United States, there are three types of student loans: two of them are federally subsidized and unsubsidized sponsored by the federal government and the other type is private student loans.[1] [edit] Qualification Most college students in the United States qualify for some type of student loan, although the amount they can borrow may vary based on several factors. Income level, parents' income level, and other financial considerations are all weighed to determine the amount you are eligible to borrow under the federal student loan program. [edit] Repayment A student loan has major differences over conventional loans - 6% interest rates (higher than most home loans) and inability to negotiate. The interest rate on a student loan will generally be at least two percentage points lower than the going market rate for conventional loans, but this will vary somewhat. Repaying a student loan is different, too. In most cases, payment can be deferred on the principal and the interest until the student is out of school. Repayment typically begins anywhere from six to twelve months after they leave school, regardless of whether or not they complete their degree program. In some cases, repayment begins if course load drops to half time or less, so it is important to check the exact terms and conditions of any student loan. The student may have multiple options for extending the repayment period, although an extension of the loan term will likely reduce the monthly payment, it will also increase the amount of total interest paid on the principle balance during the life of the loan. Extension options include extended payment periods offered by the original lender and federal loan consolidation. There are also other extension options including income sensitive repayment plans and hardship deferments. Extensions and consolidation will also add to the principle, many times the unpaided interest and penalties becomes capitalized. The Mastery Promissory Note is an agreement between the lender and the borrower that promises to repay the loan. It is a binding legal contract. Direct student loans can be obtained by filling out the government FAFSA form, and each school will determine eligibility of a student for direct federal loans.[citation needed] [edit] Criticism In coverage through established media outlets, many borrowers have expressed feelings of victimization.[2][3][4] There is a comparison between these accounts and the college credit card trend in America during the 2000s.[5] The legislation which covers repayment of student loans is 11 U.S.C. § 523. This often means that student loans are not discharged in a bankruptcy unless the bankrupt can demonstrate "undue hardship".[6] There are many documented cases of Americans committing extreme actions because of large student loan balances. This seems particularly true in the case of private loan balances.[7] [edit] Australia Tertiary student places in Australia are usually funded through the HECS-HELP scheme. This funding is in the form of loans that are not normal debts. They are repaid over time via a supplementary tax, using a sliding scale based on taxable income. As a consequence, loan repayments are only made when the former student has income to support the repayments. The debt does not attract normal interest, but grows with CPI inflation. Discounts are available for early repayment. The scheme is available to citizens and permanent residents. Means-tested scholarships for living expenses are also available. Special assistance is available to indigenous students.[8] There has been criticism that the HECS-HELP scheme creates an incentive for people to leave the country after graduation, because those who do not file an Australian tax return do not make any repayments. [edit] United Kingdom Main article: Student loans in the United Kingdom [edit] See also Student benefit Student debt EdFund [edit] References ^ Kantrowitz, Mark (2010-03-26). "Student Loans - The New York Times". Nytimes.com. Retrieved 2010-09-07. ^ "Student Loan Stories . NOW on PBS". Pbs.org. Retrieved 2010-09-07. ^ "Anderson Cooper 360: Blog Archive - Student Loan Nightmare: Help Wanted « - CNN.com Blogs". Ac360.blogs.cnn.com. Retrieved 2010-09-07. ^ Fetterman, Mindy (2006-11-22). "Young people struggle to deal with kiss of debt". Usatoday.Com. Retrieved 2010-09-07. ^ by Kurt SollerFebruary 17, 2009 (2009-02-17). "Credit Card Issuers Still Target College Students". Newsweek. Retrieved 2010-09-07. ^ "Liz Pulliam Weston: Good and bad student loan debt - MSN Money". Articles.moneycentral.msn.com. Retrieved 2010-09-07. ^ "College grads take extreme measures to repay student loans". http://www.walletpop.com. Retrieved 2011-4-15. ^ "Paying for your studies (HELP loans)". Goingtouni.gov.au. Retrieved 2010-09-07. [edit] Further reading Manning, Robert D. (1999). “Credit Cards on Campus: The Social Costs and Consequences of Student Debt.” Washington, D.C.: Consumer Federation of America. Schemo, Diana Jean, "Private Loans Deepen a Crisis in Student Debt", The New York Times, June 10, 2007 "New Default Rate Data for Federal Student Loans: 44% of Defaulters Attended For-Profit Institutions", The Pew Charitable Trusts, Project on Student Debt, Berkeley, California, December 15, 2009 [edit] External links UNESCO Bangkok - Regional Comparative Study on Student Loans Schemes in Asia (2001–2004) "Big Money On Campus". U.S. News & World Report. October 19, 2003. "College, Inc.", PBS FRONTLINE documentary, May 4, 2010 "Federal Loan Consolidation" "Forgive Student Loan Debt"

College loans consolidation

United States

The United States uses a federally guaranteed student loan program to help college students pay for their education. The program allows students to borrow money with interest and subsidized loans allow them to defer payment until they are no longer in school. And although these are loans, with interest, the student loans are generally offered as part of a total financial aid package that may also include grants, scholarships, and/or work study opportunities.
In the United States, there are three types of student loans: two of them are federally subsidized and unsubsidized sponsored by the federal government and the other type is private student loans.^[1]

[edit] Qualification

Most college students in the United States qualify for some type of student loan, although the amount they can borrow may vary based on several factors. Income level, parents' income level, and other financial considerations are all weighed to determine the amount you are eligible to borrow under the federal student loan program.

[edit] Repayment

A student loan has major differences over conventional loans - 6% interest rates (higher than most home loans) and inability to negotiate. The interest rate on a student loan will generally be at least two percentage points lower than the going market rate for conventional loans, but this will vary somewhat.
Repaying a student loan is different, too. In most cases, payment can be deferred on the principal and the interest until the student is out of school. Repayment typically begins anywhere from six to twelve months after they leave school, regardless of whether or not they complete their degree program. In some cases, repayment begins if course load drops to half time or less, so it is important to check the exact terms and conditions of any student loan.
The student may have multiple options for extending the repayment period, although an extension of the loan term will likely reduce the monthly payment, it will also increase the amount of total interest paid on the principle balance during the life of the loan. Extension options include extended payment periods offered by the original lender and federal loan consolidation. There are also other extension options including income sensitive repayment plans and hardship deferments. Extensions and consolidation will also add to the principle, many times the unpaided interest and penalties becomes capitalized.
The Mastery Promissory Note is an agreement between the lender and the borrower that promises to repay the loan. It is a binding legal contract. Direct student loans can be obtained by filling out the government FAFSA form, and each school will determine eligibility of a student for direct federal loans.^{[citation needed]}

[edit] Criticism

In coverage through established media outlets, many borrowers have expressed feelings of victimization.^[2][3][4] There is a comparison between these accounts and the college credit card trend in America during the 2000s.^[5]
The legislation which covers repayment of student loans is 11 U.S.C. § 523. This often means that student loans are not discharged in a bankruptcy unless the bankrupt can demonstrate "undue hardship".^[6] There are many documented cases of Americans committing extreme actions because of large student loan balances. This seems particularly true in the case of private loan balances.^[7]

[edit] Australia

Tertiary student places in Australia are usually funded through the HECS-HELP scheme. This funding is in the form of loans that are not normal debts. They are repaid over time via a supplementary tax, using a sliding scale based on taxable income. As a consequence, loan repayments are only made when the former student has income to support the repayments. The debt does not attract normal interest, but grows with CPI inflation. Discounts are available for early repayment. The scheme is available to citizens and permanent residents. Means-tested scholarships for living expenses are also available. Special assistance is available to indigenous students.^[8]
There has been criticism that the HECS-HELP scheme creates an incentive for people to leave the country after graduation, because those who do not file an Australian tax return do not make any repayments.

[edit] United Kingdom

Main article: Student loans in the United Kingdom

YOU ARE LOOKING FOR HELP WITH YOUR DEBT

What do you think you’ll get out of debt consolidation? How’s about some piece of mind? How’s about getting what you need to take your loans and turn them into debt consolidation loans? But why would someone want to replace their current loans with more loans? Well, you can take away the plural of debt consolidation loans and see it as a single loan as opposed to more loans piling more debt onto your lap. If you are looking for financial stability in all of your money-related endeavourers then taking this option will help in reducing that debt to nothing but a memory.

Consolidation=Financial Solidity

Depending on the company that you wish to go to in terms of acquiring a form of debt consolidation they will need to review you’re financial data in every single detail before going onto the next step. You’ll need to provide your interest rates on each account that has spiraled into debt, when you have passed this process than you can move on to the next step where the consolidator will speak with your creditor so you can enable the capacity of lowering your interest rates.

If your creditor agrees to the terms set foot by the consolidator and your interest rate is decreased then your payments will also reflect that reduction and become lower. Each month you’ll have to keep up with the payment plan that you specified though as you will still owe some money that will need to be paid back, just like a loan, which adds even more merit to the concept of debt consolidation loans. Essentially, this will not completely erase your debt right away but will slowly do so as time goes on giving you more control over your debt and eventually enabling you with the ability to break away from debt, for good. You’ll be able to keep track of each payment every month in order to understand where you are at financially.

How These Loans will Guide You

Debt consolidation loans, as mentioned above, will take the many loans you currently have and will reduce that amount to one loan you’d have to pay back. For example, if you have four accounts that are stuck in debt that contain a few hundred dollars per the account, all of the money within each account will be combined into one perspective amount of money in which you’ll take a loan out on that combined amount and offer some form of collateral tell help calm that unsecured debt and consolidate it into a single loan.

Consolidated Credit

Before you decide to take the path of consolidation always ensure the company you go to is valid and will be able to get the job done. You have no idea how often people are scammed with debt based companies such as this and ultimately end up worse off then they would any other time. If you are in control of your finances and show that to the company and they don’t try to run you down, than they are a good company deserving of your business.

Keep in Mind

If you are looking to clean out shop and remove your debt quick and easy than you can go for debt consolidation right away. Pick a reliable company, let them go over all the basics with you, come up with a deal your creditor will agree on and turn those multiple loans into single ones. Because the less loans you have to pay back, the better chance you have of getting out of debt quickly and quietly.

Consolidate your debt right now and become debt free.


SEE THE WEBSITE

 Example the following repayment student loan

1 Savings based on typical loan to a borrower attending a non-degree-granting institution whose planned term for enrollment is approximately one academic year.

2 The following repayment example is for informational purposes only and is an example of available loan terms of the Career Training Smart Option Student Loan with the Fixed Repayment Option made to a borrower whose planned term for enrollment is approximately one academic year at a non degree-granting institution of $10,000 with two disbursements and a 12.77% APR [Interest rate of LIBOR + 11.5% (LIBOR of 0. 250% as of 5/25/2011), a 5% disbursement fee and no origination fee]. APR may increase after consummation. Repayment consists of 15 fixed $25/month payments (in-school and during six month separation period), followed by 95 principal and interest payments of $184.71 per month and one payment of $185.05 for total payments of $18,107.50 (finance charge of $8,107.50).

3 Interest rates on loans with the Fixed Repayment Option are higher than rates on loans with the Interest Repayment Option. Rates and fees shown are available for borrowers attending non-degree-granting institutions only. APRs for borrowers attending degree-granting institutions range from 2.75% to 10.23% with no origination fee. Interest rates are variable and may increase after consummation. Deferred repayment option is not available for non-degree granting institutions.

4 Recurring automatic monthly payment must be successfully deducted from designated bank account for rate reduction to apply. Benefit suspended during periods of forbearance and certain deferments.

5 To qualify for cosigner release, borrower must meet age of majority requirements, be a U.S. citizen or permanent resident and meet the underwriting requirements when the release request is processed.

6 Primary borrower can earn reward into his or her Upromise account of 2% of the scheduled payment for each on time payment made during initial in school and separation period only. If borrower leaves school but returns later, the reward will not be available for any subsequent in-school period. Primary borrower must be of age of majority (typically 18 years old) and must indicate current Upromise membership or enroll in Upromise at the time of loan application. If borrower has two consecutive scheduled payments past due on a loan, he or she will no longer be eligible for the reward on that loan. The reward is not earned on payment amounts in excess of the scheduled payment. Benefit is subject to the terms and conditions of the Upromise service (as may be amended from time to time), including without limitation, restrictions on conversion, transfer and redemption of rewards, reward denomination, including whether and under what circumstances the rewards have independent cash value, and terms relating to fees and/or the forfeiture of rewards.
Subject to $10 minimum monthly transfer amount. Upromise accounts are not FDIC insured, carry no bank guarantee and may lose value. Subject to $10 minimum monthly transfer amount. Upromise accounts are not FDIC insured, carry no bank guarantee and may lose value. Subject to $10 minimum monthly transfer amount. Upromise accounts are not FDIC insured, carry no bank guarantee and may lose value.

Free college grants
How to Find the Right Sources

The purpose of college grants is to make educational funds however minimal, available to financially needy students to help defray the cost of a college education. Students seeking grant money may begin by searching for grants by student-type or subject-specific grants.
Grants—Different from Scholarships and Student Loans

Divide this figure in half and you have the average tuition for a public university; in half again, the still formidable tuition at a community college.


Today, few students are able to simply foot the bill for a college education. Only the wealthiest can manage this and their numbers are few in comparison.

The average cost of a private, four-year college is well over $20,000 per academic year.

Grants are distinctly different from both scholarships and student loans in that they are free gift money—so unlike student loans that must be repaid—and primarily need-based, compared to traditionally merit-based scholarships.
Grant Categories

Grants may be divided into the following searchable categories:

Student-specific
Subject-specific
Degree Level
Minority

Common sources for grant funding:

Federal and state governments
Colleges and universities
Public and private organizations

Because most grant recipients are financially impaired or otherwise disadvantaged, there are many grants specifically designed for minorities and low-income students.
Federal Grants

The federal government is putting more money into the hands of college students than ever before and much of the impetus behind it is the No Child Left Behind Act. The measures help to assure that more primary and secondary schools are held accountable for making sure kids get the attention and education they deserve without prejudices. Which means a much higher percentage of high school students are earning diplomas. More students stand a chance of attending college when the right financial and social resources are available to them along with educators with the know-how and experience to guide them to the right academic and career choices.

The following federal grant programs offer hundreds of thousands of students the necessary assistance that makes college a financial reality:

The Pell Grant, in existence since 1972, remains one of the staples of federal funding for millions of low-income students. This fundamental grant program is somewhat at the mercy of the federal government’s budgetary and political whims, but nevertheless remains a valuable source of funding for impoverished undergraduate students.
The Academic Competitiveness (AC) Grant is available to undergraduate freshman and sophomores with outstanding academic records and with demonstrated aptitudes for leadership and service. Qualifying candidates must also be Pell Grant eligible.
The National Science and Mathematics Access to Retain Talent Grant (SMART Grant) picks up where the Academic Competitiveness Grant leaves off - with $4,000 awards to undergraduate juniors or seniors studying computer science, engineering, mathematics, or sciences. Applicants must be eligible for and receiving the Pell Grant.

State Grants

Many states administer grant programs to resident students based on merit, need and even area of study. Here are some examples:

Oklahoma offers need-based grants and "specialized" grant programs.
Michigan's grant programs are designed for a cross-section of students, including general undergraduates, academically gifted, low-income and even non-traditional adult students.
Florida's Office of Student Financial Assistance administers a wide array of grants from those for disadvantaged, disabled, loan repayment, Hispanics, and academically talented.

Popular Minority Grants

Over the last decade the percentage of minorities graduating with a four-year degree has risen sharply. More African Americans are in college now than ever before and the 39 Historically Black Colleges and Universities in the country offer top-notch programs and administer scholarships and grants just like other colleges and universities. Find out from us where to find the richest vein of African American student grants.
African American Students

African American women are perhaps one of the most disadvantaged minorities. In fact, this group of students will find countless sources for grants that target women and minorities, especially those grants rewarding involvement in specialized fields of study. Spelman College is the only college in the United States that is devoted to nurturing the needs of African American women students.
Hispanic Students

Hispanics have recently overtaken African Americans in number, but as far as education is concerned most educators sadly label the group as a whole "under-educated." This means that most do not pursue education beyond high school and those that do are satisfied with a vocational or two-year degree. Cultural, social and economic problems have held past generations of students back from four-year college programs. Despite the fact that numbers remain small, more Hispanic students are finding the means both socially and financially to attend college, often via Hispanic grants. In Texas, California, Florida and Arizona, Hispanic serving colleges - or those whose student bodies are at least a quarter Hispanic - offer need-based grant and scholarship opportunities.
Native American Students

Native Americans constitute the smallest minority group of all, call this their native land and yet are plagued with some of the most disadvantaged backgrounds of all. Up until recently, Native Americans have been isolated in typically remote and rural environments and in reservation communities. Like Hispanics most Native Americans have no family history of higher education - most consider a high school diploma the final goal; a primary reason that Native American grants are so critical.
Asian American Students

The fastest growing ethnic population in America is Asian American. Grants for Asian American students are commonly sponsored by ethnic organizations or available as general ethnic minority grants through the government or colleges and universities.

Are you a First in Family college student?

Both Sallie Mae and Coca Cola provide grants to first generation college students from disadvantaged backgrounds.

Grants for Women

For generations women were disregarded on most college campuses. Many educators argue that women are in general not as engaged on a coeducational campus as they are on a women's campus. Private women's colleges have continued to thrive thanks to the generosity of corps of alumnae, innovative curricula, and expanded programs such as athletics that round out a more complete educational experience.

Grant programs designed for women promote their participation in underrepresented degree programs such as the sciences, mathematics and business. The American Competitiveness Initiative is designed to introduce and prepare future generations of students at primary and secondary levels to be more assertive in subjects like math and science. But for now big corporations and professional organizations emphasize grants and scholarships that reward those students studying in underrepresented professions. One of the most influential organizations, the American Association of University Women, offers an outstanding array of grants to minority and disadvantaged women looking to return to college, or pursue a degree for the first time.
Popular Student-Specific Grants

There is little limit on the types of students seeking college grant money. However we have created some loose categories that successfully embrace significant populations of students. The most popular student-specific grants are:

Non-traditional
Low-income and disadvantaged
Graduate and doctoral
High school and undergraduate
Military

Non-traditional Students

A growing population of students is outside the traditional college age - between the ages of 18 and 24, posing unique challenges for post-secondary education and driving new demand for non-traditional student grants. Americans are living longer, many are choosing alternative careers, higher degrees, or finishing a degree for the first time in their lives. Community colleges, as well as many traditional campuses, now offer flexible course schedules that include evening and weekend classes specifically tailored to working adults.

Native American tribal colleges and universities serve a wide array of community individuals, many of their students outside the traditional college age. Since tribal colleges are typically the only educational resources remote communities have, they offer all types of degrees, including two-year and certificate programs, and are popular for all members of a community.
Low Income and Disadvantaged Students

There is no reason a student should be denied a college education because of lack of money. Many federal, state, college or private organizations subsidize need-based aid awards for the most financially disadvantaged students.

The federal Pell Grant can ultimately become a generous gift if you are one of the most financially strapped students. The U.S. Department of Health and Human Services also offers the Scholarships for Disadvantaged Students. This award is need-based and disbursed to students studying in an approved health care profession.

Only in the last few decades have accessibility and mobility issues been clarified and institutions of all kinds made accessible to disabled students. Now grants for disabled students such as those from the National Federation of the Blind and the National Association of the Deaf assist students in achieving their goals of participating in and completing a traditional college education.
Graduate and Doctoral Students

Many types of grant programs for graduate students and doctoral candidates are available from colleges and universities and private organizations. Colleges and universities are quite competitive in offering grant awards to the right candidates. In some instances grants support most of a doctoral student's research and living expenses.

Grad students who must travel to participate in studies abroad, take part in research, or professional conferences may discover a slew of small grants administered by professional organizations or college travel grants designed to cover such auxiliary expenses.
Undergraduate Grants

Popular undergraduate grants range from general grant programs that provide monetary incentive to low-income and disadvantaged students to specialized grants in science, math, engineering, and technology (SMET subjects). The grant options for undergraduate women or minorities are even more bountiful.

High school students enrolling in college; do not overlook your college’s grant hand-outs. Most smaller, private colleges are quite generous when it comes to kicking in funds to augment financial aid. They are more interested in attracting quality students regardless of financial ability to pay.
Grants for Military Students and Families

Interested in a branch of the military, but still want to attend college? The Army, Air Force and Naval ROTC, among others, offer full tuition to qualified students in the armed forces. For those active in the military, programs such as the Army's Spouse Education Assistance Program or the Navy equivalent—the Spouse Tuition Aid Program—are available to married active duty personnel. Check the military section for each branch’s opportunities.
Subject-Specific Grants

Considering the fact that scores of professional organizations have active educational funds that help foster their fields of interest, it's no wonder that it is just as easy to shop for grants based on subject or field of interest. Corporations spend millions of dollars offering internships, fellowships, scholarships and grants intended to attract academically driven and talented students to their corporate folds.
High Need Fields Fuel Grant Giving

There are fields of study that draw considerable funding from sources in large part due to challenging shortages. The fields with the most significant shortages drive the biggest supply of grants:

Healthcare, especially nursing
Teaching

Nurses and Med Students

Significant regions of the country remain medically underserved. Specific examples are urban health centers or rural and remote medical facilities. Nursing students: mine rich veins of grant funding. The nursing profession affords flexible hours and schedules and an above average income and earning potential, depending on which professional level you earn. Search for the most popular grants in nursing from federal programs and your state nursing funds.
Teachers

Public school systems remain as professionally bankrupt as some medical facilities. Teaching, like nursing is often a thankless profession, albeit rewarding. However, attracting students to the fold is challenging considering the number of jobs that must be filled. Prospective student teachers must first explore grant programs for teachers with their home state and federal sources such as the Department of Education.

Grant monies administered by many government and university sources may be designed as grant for service programs. These are successful programs that provide two-fold solutions: they give students the financial support necessary to cover tuition and they secure talented and well-educated staff to serve in their medically or educationally underserved facilities for a certain length of time.

Grants-for-Service programs: How they work

How to find free money for college loans

How to find free money for college loans

Grant money, however, is usually based largely on need and is often parceled out on a first-come, first-served basis. As college costs skyrocket, it's important to apply early for financial aid and be aware of any available grants that might help lower your college costs.
Four types of grants
First, the major types of grants:

The best money is free money, especially when it comes to paying for a college education. And the biggest sources of free money these days are federal and state grants.

While scholarships make up less than 2% of student aid, grants make up about 40%, with loans filling in the rest.
Federal Pell Grants. By far the largest grant program, Pell grants range from a few hundred dollars to several thousand dollars. These grants are based solely on need, as determined by the student's college of choice using federally approved guidelines. Eligible colleges receive a fixed amount of Pell money each year; once it's gone, it's gone, which is why it can pay to apply for aid early. Students receiving Pell grants who are math, science or social sciences majors may also be eligible for the Academic Competitiveness Grant (up to $750 for the first year of study and $1,300 for the second). Math and science students may also be eligible for the National SMART Grant (up to $4,000 a year for the third and fourth years of study). Both were introduced in 2006.

Federal Supplemental Education Opportunity Grants.These grants of $100 to $4,000 are reserved for the neediest of students. As with Pell grants, students apply through their colleges' financial aid offices.
Institutional grants. These grants come from the colleges themselves, and they are handed out when federal and state aid isn't enough -- or when the school is trying to discount its sticker price enough to attract a desirable candidate. Sometimes, colleges will substitute grants for loans to sweeten the deal for a sought-after student. Typically, you don't apply for these grants. But students can increase their chances for an attractive financial aid package by targeting schools that are likely to want them, rather than fighting to be admitted to a school that has plenty of other choices.

State grants. Most states have some kind of free-money program -- again, often based on need, although some programs are also targeted to encourage study in certain areas. California encourages future teachers, for example, by assuming up to $19,000 of loans if the student teaches in a low-income area, particularly subjects where there's a shortage. Meanwhile, Ohio's main grant program targets its lowest-income residents; once your family's income exceeds $75,000, your eligibility for the grants disappears. The maximum available is $2,496 for public schools and $4,992 for private ones. To find grants such as these and learn how to apply, check the Web site for your state's student-aid or higher-education commission.



chec the Debt-consolidation- America.org

Student loans set credit card debt

The find is particularly shocking given that not all students opt to take out a student loan, as some are able to fund their studies via grants or scholarships or by using personal savings.

Students in the United States are being urged to avoid taking out huge college loans after it was revealed that student loans have overtaken credit card debt as the number one cause of financial worry.

This, coupled with the fact that credit cards are available to a wider array of consumers, is worrying.

Figures from the US show that since January 2010, its national Education Department has stopped going after defaulted loans of less than $45,000 (£27,729) through the Justice Department.

As of 2010, outstanding federal and private student loan debt in the US totalled just shy of $760 billion (£468 billion), and just 40 per cent of this amount is set to be repaid.

Similar problems could well be set to reach British shores in years to come, given the hike in living costs and the astronomical increase in university fees.

Only a few months ago, Freedom of Information request from the BBC learned that the total sum of the 20 highest student debts in this country topped the £1 million mark.

The biggest single debt currently owed to the Student Loans Company stands at a whopping £66,150.

The maximum tuition fee an English university or college can currently charge its students is £3,290 a year, but this figure will rise to£9,000 in September 2012.

And with the value of maintenance loans to help with living costs also set to rise – currently set at £5,000 a year, with students in London able to borrow more at £7,000 a year – student debts could reach £83,000 when the new system is introduced.

This means a student borrowing £39,000 for a three-year course could pay back more than double that amount in total.

While not all will opt to charge the maximum amount allowed, the vast majority if not all of English institutions are opting to raise their fees.

London Metropolitan University, ranked at the very bottom of the university league table, is planning to charge £9,000 for some courses.

The University of East London, ranked one place higher than London Met, is also planning to charge £9,000, as are Middlesex and Liverpool John Moores Universities. Other universities near the bottom of the ladder are planning to charge slightly less than the maximum – London South Bank is charging £8,450 and Bolton is charging £8,400.

This doesn’t mean students will get extra ‘bang for their buck’ either - universities in England are facing monetary cuts of 12 per cent before the funding changes are introduced.

Teaching and research funding is falling on average by four per cent, while capital spending is more than halved.
Financial aid counsellors at colleges or universities can offer advice to students who are still seeking financial aid assistance, but for the next generation of would-be students, the option of venturing into higher education is looking less and less like a viable route in the journey towards a successful and debt-free career.

Students may find themselves in a very difficult position if they settle for loans without exploring all of the other options for free assistance that are on offer.

 Loans Students stuff fine
They say the amount of the fine is as much as one semester's tuition and that imposing such a big fine runs counter to the stated purpose of introducing student loans. This is aimed at helping ease the financial burden on the students at a time when colleges and universities are competing to raise tuition.
College loans are one of the key initiatives from the government for the purpose of making college education affordable.
Students are complaining after the education ministry announced that those who fail to repay loans will face a fine of 5 million won.The student loans are set to carry an annual interest rate of 5.7 percent, which is already drawing complaints from students as being too stiff. A repayment plan requires students to repay a minimum 30,000 won per month. Those who lose their jobs will still have to pay the amount until the tax agency acknowledges their no-income status.

The indebted students are required to report their and their families' financial status annually to the National Tax Service to have the loans readjusted.

Those planning to go abroad for more than one year must pay back all the money in advance and report their status to the Ministry of Foreign Affairs and Trade.

Those who do not abide by the rules will not be permitted to leave the country.

Freshmen-to-be have until Thursday to apply for the loans and other students by March 18.

The Internet is abuzz with postings on the situation with most of them being negative.

"Of course people need to repay the debts and harsh regulation is needed for those borrowing money that comes from taxpayers. But a 5 million won fine is simply too much," an Internet user said.

"I would have reseravations if my children want to apply for the loan. I don't want them to start their lives as credit delinquents," said 47-year-old Hahn Yune-young, a mother of two children.

According to Job Korea's survey of 1,179 university seniors, 90.8 percent said they are under pressure to repay loans and about 80.8 percent said they have applied for jobs solely for the aim of paying off loans.

 remended for college loans

DEBT CONSOLIDATION AMERICA

	What can Debt Consolidation do for me?
	Reduce or eliminate interest!
	Reduce the term on your debts by 40 to 50%!
	Preserve and/or rebuild your credit
	No Credit Check Required.
	Relieve the pressure of the financial strain!
	Consolidate bills into ONE LOW monthly payment!
	Get you more CASH in Hand
	Apply Online or By Phone
	End Creditor Phone Calls!

Private College Loans

Are one great way to pay for college.Private college loans A private loan is not backed by the federal government, so it's more like a traditional consumer loan. There's less paperwork and it's faster to apply and get your money to your school, but the rates and terms on federal loans are likely to save you more money over your lifetime. Remember to maximize your federal student loans for college before considering private college loans. Also, with private college loans, you will probably need a co-signer who is willing to sign for the loan with you aren't working don't have sufficient credit history. if you aren't

See the website

DEBT CONSOLIDATION PLAN

There are many ways of going about it. Many would advise going for credit counseling. The trouble with that approach is that this credit counseling usually works for a credit loan company and the credit counseling could easily lead one to do debt consolidation with the company giving the credit counseling. This is not necessarily advantageous as this company may not offer the best terms for debt consolidation.
Many people easily get into trouble by careless spending habits. Store cards, Credit Cards, Term purchases and other unsecured short term loans all of which bear high interest rates can lead to the situation where and individual has a lot of little payments draining his monthly income and needs to do debt consolidation in order to get relief.
Another way would be to shop around for a Non Profit Credit Counseling program. This is somewhat more difficult as there are not many non profit credit counseling services out there. And many of those are not necessarily staffed by the most clued up staff.

The best way is to look around for a means whereby 1 company with take over and pay off all separate debts and then make up a debt settlement plan. A debt settlement plan is worth doing in any event but is very attractive if one can find a debt settlement plan with low interest rates. It is important to make sure that if one has taken all the debts one has run up and consolidated them into one that one ends up paying less than one was before.

This may be easy depending on your situation. As any Credit Counseling service will tell one it will be easier if one has security. If one can re-finance one’s house then it is possible to easily get a loan with a very low interest rate and very favourable terms which makes the debt consolidation plan very good.

Credit Solutions

Do, however, be careful. Even if one has low interest rates it is important that the term of Debt consolidation is not too long. Even low interest over time mounts up. The Objective if a debt consolidation plan is to pay off all debts as quickly as possible, paying as low interest as possible thus paying back a lot less than would otherwise have been the case


One could always be tempted by exploiting the many offers of Competing Credit Card Companies. If one is going to go that route make sure that the terms on offer are fully explained. Make sure that the interest rate is low and that there are no fees for taking over the balances from store cards or other interest bearing loans.

Normally a good debt consolidation plan will be fully laid out with the monthly repayments and the costs of the entire loan planned out. Ensure that one can budget the repayment and that the repayments are manageable.
Then, stick to the debt consolidation plan, make the repayments and avoid running up other debts in the meantime.
www.debt consolidation america.org

 College Education Anyway

First things first, because I know you're thinking "Show me the money." The lifetime income of families headed by individuals with a bachelor's degree will be about $1.6 million more than the incomes of families headed by those with a high-school diploma, according to the Postsecondary Education Opportunity Research Letter. The U.S. Census Bureau tells us that in 1999, average income for a male age 25 or over who holds a bachelor's degree was about $61,000, compared to about $32,000 for a male with a high-school diploma -- so the college graduate's income was about $29,000 more annually than the high-school grad's. And incomes of those with only a high-school education are sinking steadily lower.

Now, unfortunately, women still make less money than men do, but the news for females who choose higher education is truly phenomenal: In a 1997 study, young women who had completed a bachelor's degree or higher earned 91 percent more than young women with no more than a high-school diploma or GED.

A college education is an extraordinarily profitable investment. Every dollar spent on a young man's college education produces $34.85 in increased lifetime income. Any Wall Street stockbroker would envy that kind of investment yield -- especially these days. You say you can't afford to go to college? The Postsecondary Education Opportunity Research Letter says you can't afford not to.

College may be expensive, but the only thing more expensive than getting a college education is not getting one. The income differential empowers you to make choices that enrich your life.

Unlike most purchases, a college education appreciates in value instead of depreciating. And don't forget that there are ways to get around the high cost - scholarships, financial aid, community colleges, and emerging choices in distance learning that can enable you to take classes on your computer while also participating in the workforce. See Quintessential Careers resources on financial aid.


Next, quality of life. Is there anyone who wouldn't like to live a longer, healthier life? Studies show that, compared to high-school graduates, college graduates have:

longer life spans
better access to health care
better dietary and health practices
greater economic stability and security
more prestigious employment and greater job satisfaction
less dependency on government assistance
greater use of seat belts
more continuing education
greater Internet access
greater attendance at live performances
greater participation in leisure and artistic activities
more book purchases
higher voting rates
greater knowledge of government
greater community service and leadership

John G. Ramsay, a professor at the Perlman Center for Learning and Teaching, said that the credentials you gain with a college education "are about setting yourself apart, being employable, becoming a legitimate candidate for a job with a future. They are about climbing out of the dead-end job market, and achieving one of life's most difficult developmental tasks: independence from one's parents. Strong credentials trigger that magical set of middle class 'firsts,' " Ramsay said: "The first real-world job, the first non-student apartment, the first new car, and of course, the first loan payments. Weak credentials can be painful reminders of a string of misfortunes: poor advice, money problems, bad decisions, and wasted time."

Debt Solution
You also do not remember your lenders putting out the red carpet because they thought you would repay your loan on time, and come back for a new one before long. This affair with your lenders continued as they gave you credit, loans, and a bonus gift to thank you for your business.

However, my friends and esteemed colleagues - one or more things may have happened to spoil your affair with your lenders. Perhaps, you now have too much debt, or you cannot make the monthly payments anymore because you do not have a steady job. If you find that you cannot manage your debts, or the payments leave you without proper food, for example, you may want to consider one or more of these three debt solutions.

Debt solutions are available today that are effective and won't break the bank, piggybank or otherwise. You probably do not remember how easy it was to get your first credit card or loanThis is a good first step towards debt solutions, don't you think? You can work with a credit counseling company to help you get your finances in order. Once your financial house is in order your counselor can contact your creditors with a plan to repay your debt. Of course, this is not automatic because you still have to get your creditors' approval. But your counselor will negotiate with your creditors to get you a good deal that has value to both you and your creditors.

Remember, Luke the force will be with you, and that creditors do not want you to stop paying altogether. So might Obi Wan have said. But in reality, they much prefer to work out a deal for certain terms rather than have you skip town.

You also must remember that once you have income coming in your creditors might not agree without some significant concession from you. So it is important you discuss your financial position truthfully with your counselor before she approaches you creditors with one or more debt solutions

If you have enough savings, you can use this money to pay off your debts. Yes, this could affect your future if you use your savings to clear your debt. But look at it this way: your savings are probably earning 1-2% annually, and you are likely paying 18-24% interest computed monthly. Even without converting the monthly rate to an annual rate, you can see you are paying out more interest than you are earning.

In other words, assuming a 2% rate, in these debt solutions you receive $20 in interest annually for every $1,000 in savings. This works out to less than $2.00 per month. Similarly, if you decide to payoff $1,000 in debt you will save the interest calculated each month. Again, without complicated math, you can see you are way ahead by using your savings to pay off your debt. Once you pay off your debt, you can begin to save for
But many people are waking up to the reality that health concerns should supersede the myths about owning your own home. What is the use of worrying about paying off your debts when you have the money. Indirectly, you ran up the debts to help maintain the home, so why wouldn't you use the equity to pay off the cost associated with running the home.
he future.
A Home Equity Loan - Just Don't Do It
If you own a home and you have equity in it, you can also use the equity as collateral for a loan to repay your debt. This is a popular method nowadays because most people have some equity in their homes, having bought them for much less than they are worth today. Of course you may be wondering about taking such a drastic step to repay your debt.

Tips college loans

If you aren’t familiar with college financial aid, some basic insights about free money for college and the way financial aid works can help you save big bucks. If you are still planning for college or preparing to make your college selection, you are in a great position to make financial decisions that can translate into real college money savings. We’ve put together some of our top college money tips for college students and parents who are just starting the financial aid process:

Tip #1- Borrow Private Student Loans

Once you have exhausted all of your scholarships and grants, and borrowed the maximum amount in federal student loans, you may need to consider a private student loan. Private loans can help you get money for college quickly if you need to pay school bills. Private student loans can also cover other college expenses, like books, room and board, travel, a computer and more

 Tip #2 – Be Mindful of Your “EFC”

If you are new to the financial aid process, you’ll need to understand “EFC,” or your Expected Family Contribution. Your EFC is the amount of money that your family is expected to contribute to your college education for one school year, based on the information you provided in the FAFSA. Your school will subtract your EFC from the total cost of attendance to determine your financial need. If you or your parents (if you’re a dependent undergraduate student) make a large salary, there is not much you can do to reduce your EFC. However, be mindful of additional income from a student’s part-time job, stock sales, bonuses or gift money. Additional income in the current tax year may increase your EFC, and reduce financial aid for the next school year.
Most people look at the price tag of an item before they decide to make a purchase. You should do the same thing when you compare colleges, generally after you receive your financial aid award letter from all the schools to which you

 Tip #3 – Compare Colleges Carefully

were accepted. When you compare college costs, make sure you primarily look at the amount of free money (scholarships and grants) that you were awarded. The amount in Federal Stafford Loans that you can borrow should be the same across schools.

If you have your heart set on a certain school, but another school has offered you more financial aid, don’t be afraid to speak to the financial aid department at your preferred school. Tell them that you were offered more financial aid at another school, but if they were able to match the offer, this would be your school of choice. In addition, if your family’s financial situation has changed dramatically (i.e. medical illness, job loss, financial hardship) since you filled out the FAFSA, make sure you notify all of your potential schools to see if your financial aid package can be increased.
So you’ve filled out the FAFSA, gotten your award letter, and you still don’t have enough money for college. If you need money to pay your tuition bill right now, you should probably look to borrow more in private student loans (College Money Tip #7). For more long-term solutions, check out College Money Tips #4-6 below.

 Tip # 4 – Cut Back
Everybody wants to enjoy the college experience, but the reality is that college life is expensive and most students don’t have a large income to support their habits. You can’t change the cost of tuition, but you can put together a college budget and get smart about your finances. You may have to get creative to save money, such as carpooling or cooking when you can instead of eating out. If you can cut back on some parts of your budget, you can save up to do the things you really want – like traveling, study abroad, and extracurricular activities.

For more information on how to cut your college expenses, check out our section on Monthly Budgeting and our Monthly Budget Calculator.

Tip # 5 – Find More Free Money

Even if you thought you did a good job with your scholarship search, there is always more that you can do if you have the time. Start by checking with your financial aid office and the specific department of your college major (e.g. English, Business). You should also check with your job, your parent’s job, and your extracurricular activities to see if they offer scholarships. Scholarships from your school or your community generally have fewer applicants than national or regional scholarships, and thus your chances increase. Once you have exhausted all of your own resources, you can continue your scholarship search online.

If you haven’t had success obtaining any of the scholarships that you apply to, check out our college scholarship application tips.
College Money

Tip #6 – Increase Your Earnings

Once you have trimmed your college expenses (College Money Tip #4), you may need to consider working part-time. Many college students have federal work-study jobs, college internships or full-time summer jobs to supplement their income. If you do need to find employment, make sure that you are able to tailor your schedule so that you don’t miss classes. Try to find something close to your residence or campus to cut down on commute time and costs.

Tip #7 – Saving Now
There are plenty of ways to both find and save money for college; so many that we can’t list them all here. We’ve split our college money tips into two sections: basic and advanced. If you are just starting the financial aid process, or are trying to save money for a college education in the future, start with the basics. For students and parents who have already been through the financial aid process, you might find something in our advanced tips that will help you make improvements to your current situation.
Basic College Money Tips

It’s never too early to start saving for college. Whether you are a college student, or parent, your college experience will be better if you are prepared. As a future student, you should consider putting away money for college into a student savings account. You can save your graduation gift money and any money you earn during your summer or part-time work. If you are diligent about saving during high school, you may be able to work less, or not at all, during college. The money for college you have saved can be used to pay for routine expenses, study abroad, and afford extracurricular activities.

Debt Consolidation Advice

Deciding to consolidate your debt can be a difficult decision to make. Each year, millions of Americans rack up credit card debt that simply grows out of control, but it can be tough to determine when you've lost control and when you are still able to make it on your own. The simplest rule of thumb that most financial advisors recommend is that if you cannot pay off your entire credit card bill within 6 months, you should seek debt consolidation assistance. Even if your monthly minimum balance is under control, all it can take sometimes is a minor emergency or brief period of unemployment for your entire financial safety net to fall out from under you.

If you've accumulated a significant portion of your regular earnings in credit card debt, it may be time to consider debt consolidation as well. For instance, even individuals making six-figure incomes can be so overwhelmed by their credit card and other personal debts, so choosing debt consolidation isn't just a matter of limited income.

Another way to recognize that you should apply for a debt consolidation service is if your credit card bill is forcing you to apply for a payday loan on a regular basis. This means that you've amassed so much debt that you cannot even overcome your minimum personal expenses each week. That is a clear sign that you need debt consolidation now.
How to Apply for Debt Consolidation Online

Fortunately, there are numerous debt consolidation firms that operate on the internet today that can help you gain back control on your financial life, without the tremendous damage that can result in filing for bankruptcy. The most important part of choosing debt consolidation is to decide to act quickly and decisively. It may mean that you have to cut back on some short-term, personal luxuries, but in the long run you'll be able to achieve the financial freedom you deserve.

To apply for debt consolidation online, you should first organize all your bills and debts in one place. This will be important as your debt consolidation company will need to contact and work with each debtor individually, so you will need to provide account information. Furthermore, when you're first applying for debt consolidation services, you'll be asked to describe the total nature of your current debt situation. This means you should know how many companies you're in debt with, as well as how much you owe to every in total.
What to look for in a debt consolidation service online

The primary thing you want to pay attention to is a strong reputation in the industry. Debt consolidation firms will let you know what associations and relationships they have with other industry partners, such as large credit bureaus or national credit repair services. Next, you'll want to make sure that they're not a newcomer to the block. Finding the right partner for you will also be a personal decision, because throughout the next few months and years you will be working directly with them on a regular basis to help manage your finances. A strong track record of help to other people in similar situations like yours is a good indicator that this may be the right solution for you.
What to expect in the Best Debt Consolidation Services

Right off the bat, you should expect that they will have a variety of questions for you about a wide range of topics, including your current and former employers, your current and former place of residence, as well as information about the credit debt that you've amassed so far. Don't be surprised if they reach you in a variety of ways as well, including both phone calls and emails asking you to provide more information.

If you don't think you're being treated properly by your first choice for debt relief services, promptly seek out a new alternative. Again, you'll be working with this company for at least a few months, so make sure they're treating you with the respect an dignity that you deserve. For this reason, we urge you to choose from the select partners that we work with, because they have all shown the utmost regard to professionalism and respect to their clients.

Lastly, don't expect them to be able to get you out of debt without requesting that you put in your best effort. While most debt consolidation services can give you a greater window of time to work through your credit problem, it's still up to you to take full advantage of the opportunity they can present to you. If you realize that your debt is too much, and you want to avoid the horrible long-term credit effects of filing for bankruptcy, select a debt consolidation partner today and start working your way back to financial independence.

 Struggling to get yourself out of heavy credit card and personal debt? It may be the right time to apply for a debt consolidation plan online. Debt consolidation services provide a wide range of functions, including managing your outstanding debt, putting you on a manageable plan to recovery, and working with you to find out your future credit opportunities.
When to use Debt Consolidation Services

 Debt consolidation loans
Accommodating a buyer's realistic ability to pay off the note. A contract for combining obligations can be a viable solution to multiple, unsecured payments and high interest rates than can plague an indebted buyer for years.
available through some quality, note combining programs as well as full service banks. Most contacts are discovered through a thorough search of interest rates available and assessing the hidden costs of transfer fund requirements. Finding a top debt consolidation loan can mean the difference in significant savings as well as Companies who make it their business to extend these kinds of loans to financially overburdened consumers provide programs for top debt consolidation loans. A superior obligations resolution loan should be a low interest, low monthly payment, short-term, note for the purpose of wiping out all other unsecured obligations. Major contracts will not have hidden fees, huge transfer charges, higher interest rates than a buyer is already paying, and no-cushion grace periods in case a buyer is late on a monthly payment. A consumer must determine which is the best arrangement for their particular financial situation.

Top debt consolidation loans are not always found within lending companies. In fact, a reduction arrangement can be found among many full service banks. If a buyer is already banking with a full service bank, there will be no transfer of debt charges within a consolidation note. A top debt consolidation loan from a full service bank can also have low, fixed interest rates that are a re

A few years ago, the Federal Government began to require contracted pay off periods for top debt consolidation loans to extend no more than five years. So whatever a consumer's elimination need, the program must it pay back within the five years. A top debt consolidation loan can be less than five years, if possible. Sometimes major lending companies can extend a note with a pay off as little as 12-15 months depending on buyer's note amount and ability to repay.

 pay down debt

Here are five compelling reasons you should pay down any outstanding loans as quickly as possible. paying down part or all of your outstanding debt

 "Neither a borrower nor a lender be," doesn't always apply in today's consumer economy. Still, it doesn't pay to carry more debt than absolutely necessary.
 
You'll reduce your opportunity cost. You could put the money you're paying in interest each month to better use if you pay off your loans. If you deposit the same amount in a savings account, you will earn interest. If you invest it in a home that appreciates in value or brings in rental income, you will make a capital gain when you sell or earn extra income while you are renting it out. You'll be better off by the annual rate of return you make on your investment plus the annual rate of interest you've been paying on your loans.

You'll pay less total interest. Interest is essentially rent you pay a lender for the use of its money. The longer you keep the money, the more rent you'll pay. If, for example, you borrow $50,000 for 15 years at a rate of eight percent per year, you'll pay a total of $36,009 in interest charges. The same loan amortized over 30 years would cost $82,078 in interest. Refinancing your mortgage or auto loan over a shorter term can save you big bucks -- but only if you can afford the higher monthly payments.  

You'll be able to borrow more economically. When lenders calculate the rate of interest at which you can borrow, they take into account the amount of debt you are currently carrying and your ability to repay it. The greater your debt load, the greater the risk you will default on your payments and the higher the interest rate the lender will charge, to offset the risk. Pay off some debt -- particularly high-interest debt such as credit-card balances -- and you may qualify for a lower interest rate on the rest if you refinance it.  

You'll have greater credit to draw on. When lenders calculate how much you can borrow, they look at the amount of debt you have outstanding now and how much more you can afford to service, given your current income. If you have a big mortgage or a lot of credit-card debt and pay high monthly installments, lenders will be wary of letting you borrow much more. Pay down your debts and free up some cash each month and you'll qualify for more credit.  

You'll have better cash flow. By paying down debt, you'll reduce the amount of your monthly installments going forward. You'll have more money in your pocket for current expenses and extras -- and less need to borrow from high-interest lenders, such as credit card companies, for day-to-day needs.


You'll pay less total interest. Interest is essentially rent you pay a lender for the use of its money. The longer you keep the money, the more rent you'll pay. If, for example, you borrow $50,000 for 15 years at a rate of eight percent per year, you'll pay a total of $36,009 in interest charges. The same loan amortized over 30 years would cost $82,078 in interest. Refinancing your mortgage or auto loan over a shorter term can save you big bucks -- but only if you can afford the higher monthly payments.

How To maximize Find A Bad Credit Loan?

You can find bad credit loan right now! We are here to provide you information base where you can find out the truth about bad credit personal loans, the companies that offer them, and how to rebuild your credit rating.

 Bad credit loan?

   Are you looking for a loan, but you have bad credit? A lot of people are in your same situation and think there are not many options available. This can be true in some respect, since a lot of banks only deal with people who have "A" credit. On the other hand, there are a lot of lenders available and they are all competing for your business. Some lenders are willing to give bad credit loans.

   Our website provides reviews and a listing of bad credit creditors and lenders for approval of a bad credit credit card, bad credit loan, bad credit mortgage, bad credit approval services, debt consolidation, and bad credit personal loans. If you have not-so-perfect credit, you can get online Approval from these bad credit lenders even with bad credit or damaged credit.

  As a result, get the credit you deserve, apply online to these creditors and lenders today! These lenders will help you by lending you bad credit personal loans that are specially designed for people like you who do not have satisfactory credit histories.

   These creditors and lenders provide you with Fast and Easy Online Applications and Approval Process. If you need a bad credit loan or bad credit credit card - you will find a list of creditors and lenders to choose from. These creditors and lenders have a great reputation for approving people with bad credit.

  

How to study in Australia

Study in Australia

Australian education has a strong international reputation for excellence. Whether you study at a university, school, vocational or English language institute, you will receive a quality education that will form a strong foundation for your future success.

Grow

The benefits of living and learning in Austral

Live

Australia is one of the best places in the world to live while you learn. The standard of living is amongst the highest in the world, yet costs remain competitive. On your breaks from study, you will have a wide choice of activities to enrich your experience - from cultural festivals, concerts and museums, to major sporting events.
ia are both personal and academic. Your years in Australia will give you the best platform to succeed in your career, and prepare you for the challenges of the work place. It won’t just be your mind that develops - your time in the classroom will change you as a person.
Use this website to find out about courses, institutions, studying and living costs, the application process, visa requirements and much more. If you’ve already decided on an institution, use the search function to learn more about that university, training course or language school.
If you haven’t decided yet, let our Study Wizard guide you through all the steps of selecting a course and enrolling to study in Australia. You can also use the Student Response Facility if you can’t find the information you are looking for.
Australia is the perfect place to live, learn and grow.

Study in Your Country - AusLIST

If you want an Australian education but can’t travel here to receive it, you’ll be pleased to hear that many Australian institutions now provide education and training to students living outside of Australia. Some of these institutions have established their own campuses in other countries, while others offer courses in partnership with overseas institutions.
Study in Your Country - AusLIST

Australia Network

Do you need more information about Australia and studying the English language?
Introducing www.australianetwork.com - a 24/7 international TV and online service that offers a 'window' into Australian life.

---

 

Try our guide for the six main steps in coming to Australia to help you begin your planning.

Bookmark this page!

Start your journey here! Guide to studying and living in Australia (pdf 1.7 mb) or (rtf 724 kb)

STUDY IN CHINA

Is now a lot closer than you think


One of the earliest websites for study abroad in China, is the most popular and trusted website to obtain information on study abroad in China.China Education Center (CEC), On March 2011, Ministry of Education of the People’s Republic of China announced a total of 265,090 international students were studying in China in 2010. The world has become well aware that China’s influence in the world economy and global policy is growing. Our goal is to provide updated and accurate information to students who plan to study abroad in China. Since we were established in 2001, CEC has assisted students from over 50 countries getting into number of reputable universities in China.
High School in China

High School in China
Study in Chinese high school
One semester exchange program.
China has the largest education system in the world. There are more than 30 million students enrolled in China’s higher education institutions. China has a long history of providing education to international students study abroad in China. International students have enrolled in over 590 higher education institutions throughout the country. Over the past few years, the number of international students who study abroad in China has significantly increased every year.
Study Abroad in Chin

Study HSK
HSK is an important reference
to certify your Chinese skills.
MBBS in China
MBBS in China
Study MBBS program in China English as the teaching medium.

Tsinghua Science Building
2011 Chinese University Ranking
Peking University is ranked the number one university in China, followed by Tsinghua and Zhejiang University.
Life in China
Life in China
Things to prepare for students
before study abroad in China.
Education in China
Education in China

China has the largest education system in the world. There are more than 30 million students enrolled in China’s higher education institutions. China has a long history of providing education to international students study abroad in China. International students have enrolled in over 590 higher education institutions throughout the country. Over the past few years, the number of international students who study abroad in China has significantly increased every year.
Study Abroad in China
Study Abroad in China

Most of the Chinese universities provide Chinese language programs both short-term and semester program for international students who plan to study in China.China has become one of the most popular study abroad destinations for international students because of its long history and exciting culture. Study abroad in China allows you to view things from a Chinese perspective and explore potential opportunities in China for the future.

STUDY IN SWITZERLAND

Study in switzerland information for people wishing

there are 12 universities and College of Higher Education in Switzerland.

The universities of Basle, Bern, Saint-Gallen and Zurich , l'Ecole Polytechnique Fédérale de Zurich and the Haute Ecole universitaire de Lucerne are located in the German-speaking region of Switzerland, and thus the language of instruction is German.
Several other institutions of higher education also warrant mention: Haute Ecole Pédagogique de Saint-Gall, The Graduate Institute of International Studies in Geneva (French and English) and l'Institut de Hautes Etudes en Administration Publique in Lausanne. 

The universities of Geneva, Lausanne, Fribourg (some German instruction), Neuchâtel and l'Ecole Polytechnique Fédérale de Lausanne are in French-speaking Switzerland and thus the language of instruction is French (with the exception of Fribourg, where there is some German instruction as well).
The Italian-speaking region of Switzerland has only one university, which was founded in 1996, the l'Università della Svizzera italiana in Lugano.
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