My daughter Amy was 19 years old when she got pregnant. She was too scared and did not tell us till she had finished her first trimester and so by the time our girl was 20 she had delivered a baby. Amy dropped out of college, came back to live with us and slowly began to slip into a depression. Read More »
Financial Help for Education - Advice and Guidance
Learn here about the different types of financial aid available, read articles that provide advice, guidance and inspiration.
Scholarships are financial help, which does not need to be repaid. Grants are also financial help, which does not need to be repaid. However, they are mostly issued to educational institutions or businesses based on request for the specific grant, and mostly fund well defined projects. Loans are funded borrowed to fund education, and must be repaid in installments, in most cases immediately after graduation. Loans can be issued to the student or to the student's parents.
Growing up we all have dreams of becoming doctor’s, lawyers, fireman, policeman and so many other things. But there comes a time in our lives where we forget those dreams. We put our educations on hold to “grow up”. We become consumed with PTA meetings, work schedules, mortgage payments and all those other things that come along with being an Read More »
A student loan is a loan given specifically for the purpose of covering college costs. These loans can be complete, in which case they cover the entire cost of the education or partial, in which case they only bridge the gap between what the student can afford and the actual cost of the education. Student loans are both federal and Read More »
College and university education does cost a lot and this is the reason why many parents will start saving up a college fund right from the first year of a child’s life. However, for those of us who did not have such a well planned life, there are financial aid options available in case we wish to pursue college education. Read More »
When looking at furthering their education, single moms find that the cost of education is definitely a cause for concern. Grants, student loans and scholarships are the three most common ways of bringing in financial aid in the cost of the education. While the purpose of all these three is to lower the financial load on the student while pursuing Read More »
The cost of higher education can scare off many of us. There is no denying the fact that college costs a significant amount and unless one has saved up for it for a long time, things can get difficult. The tuition, the cost of books, and other related expenses can all amount to quite a significant amount. Those who are Read More »
When your kids are young, life is already expensive. From the moment they are born, their need for things starts to multiply. Diapers, bottles, clothes, doctors visits… You name it and your baby will probably need it. As they get older, their cost of living doesn’t seem like it gets any lower. And finally, by the time high school graduation Read More »
As a single mom, you have plenty of things on your plate. Between working a full-time job, running errands, cooking meals, and making sure your kids are happy and healthy, there is enough going on without anything extra to worry about. But in the back of your mind, you are already thinking about college for your kids. Naturally, you want Read More »
Helping your child plan and apply for college can be a daunting process. Many times parents do not know where to turn or how to start. Too often parents leave it up to the school to disseminate the pertinent information. While having a relationship with your high school counselor is important, the reality is school counselors often have a heavy Read More »
Recently Sallie Mae released a survey that showed that parents are contributing less of their income to pay for college than they did four years ago. In 2009 37% of parents income went toward paying for college. Today only 27% of income is going toward college expenses. The survey found that parents and families are relying more on grants and Read More »