| Learning Library Quick Answers Financial Aid Planning |
Scenario:A grandparent is wondering if giving a loan to the student to assist with college expenses would be better than gifting m....
Answer: Yes.At most colleges you must apply each academic year, but applying is almost always easier the second time around becaus....
Question: Is it necessary to wait until after college for grandparents to forgive loans they made to a grandchild? If they gift th....
Answer: Yes. Most colleges have an appeal process. A request to change a need-based loan to a work-study job is usually approved i....
Answer: Yes. Under certain circumstances, parents can receive a deferment or forbearance on their loan. However, since all PLUS lo....