Learning Library Quick Answers Financial Aid Planning

Who is responsible for repayment of the PLUS loan?


Answer: You, the parent, is responsible for repayment of the PLUS loan.....

Who is responsible to pay back my student loans-me or my parents?


Answer: You, the student, are responsible for paying back your educational loans. However, if your parents take out a PLUS loan th....

Who should I contact with questions on my college loan?


Answer: You should contact your loan servicer with specific questions about your loan.....

Why did I receive a financial aid deferment form from my college housing office?


Scenario:: My daughter received a financial aid deferment form from the college housing office. What is it? Answer: Most college h....

Why does income protection allowance decrease as the number of children in college increases?


Answer: The income protection allowance is for basic necessities (housing, food, etc.) of the household. When the student receives....