The Federal PLUS Loan ProgramWritten by Vanessa McHooley
Continued from page 1
Federal PLUS Loans Are Supplementary In event that your parents are approved for Federal PLUS Loan that they apply for, they will then receive either what they have requested to supplement other loans and scholarships towards your college tuition. Or, government may decide to only give your parents less than what you have requested due to their credit history. It is important to remember that, although your parents are ones requesting a loan for your college, you should also seek out other options for paying your student tuition, because PLUS Loans often do not cover entire tuition. Scholarships and other types of loans are often available for college students. Seek out all possible options before settling on a PLUS loan. This article is distributed by NextStudent. At NextStudent, we believe that getting an education is best investment you can make, and we're dedicated to helping you pursue your education dreams by making college funding as easy as possible. We invite you to learn more about Federal PLUS Loan Program at http://www.NextStudent.com .
My goal is to help every student succeed - education is one of the most important things a person can have, so I have made it my personal mission to help every student pay for their education. Aside from that, I am just a pretty average girl from San Diego California.
| | Home Equity Loan or Home Equity Line of Credit – Which is right for you?Written by Charles Essmeier
Continued from page 1
against principal more than once over life of loan. The borrower is usually given special checks that he or she may use to write checks against loan amount. The borrower may borrow a little at a time, or borrow all of loan amount at once. Unlike term loan, interest rate on lines of credit tends to be variable. This type of loan works best for recurring expenses – a complicated remodeling project accomplished in several stages, or a recurring educational expense such as annual tuition.
Each type of loan has its advantages and disadvantages; you simply need to decide if you want a fixed interest rate and fixed payments, or more flexibility in terms of when and how you pay. Your needs will determine which type of loan is best for you.
Either way, under current Federal law, interest on a second mortgage is deductible from your income taxes up to $100,000.
©Copyright 2005 by Retro Marketing. Charles Essmeier is the owner of Retro Marketing, a firm devoted to informational Websites, including http://www.End-Your-Debt.com/ and http://www.HomeEquityHelp.net/
|
