Welcome to Debt Consolidation
Non Profit Debt Consolidation Article
This is a selection made from among articles on Non Profit Debt Consolidation. For a permanent link to this article, or to bookmark it for future reading, click here.
Direct Loan
from:When you want financial aid for college, you should try a direct loan. A direct loan is a college loan from the government of the United States. This loan pays for college tuition as well as consolidates all your college loan debt. The interest rates for this loan can vary. You can be a full or part time student. You are supposed to pay back this loan after you graduate. A direct loan should make it possible for you to graduate from college or graduate school.
There are limits on a direct loan. These limits depend on what year you are in college. When you are a freshman in college, you can only 2,600 dollars. When you are a sophomore or a junior, you can get as much as 5,000 dollar per year. Seniors and graduates have the same limit.
The cap on a direct loan is 23,000 dollars per student. An independent student could get more money. The federal government defines an independent student as being a student who has lived with their parents for the last two years.
Before you decide to get a direct loan, you should talk to a counselor at your high school about the different kinds of loan programs out there. The Internet can also help you in comparing financial sources out there. You can do research about a direct loan as well as apply for one online.
A direct loan has some good attributes. A student can pay, view his or her account and monitor the history of payments. A student can do this online. The federal government also offers financial counseling and other choices when you have to change the billing terms for this loan.
When it comes to a direct loan, you have two choices. You can get a Stafford loan or a PLUS loan. A student can take out a Stafford loan all by themselves. Only a parent can take out a PLUS loan. Both these loans are part of the Federal Family Education Loan Program. With these types of direct loan, the federal government is only your main contact, but it is also the lender of this loan.
When you get a direct loan, there are two types of online counseling that you can get. When you first get the loan, you have to do entrance counseling. This counseling introduces you to all aspects of the loan as well as your responsibilities. A session for this counseling usually takes about 20 to 30 minutes. About the time you graduate from the college, you have to do what is called exit counseling. This is to review what you learned four years before about a direct loan. You are also going to learn about how you can pay off the loan in the future.
Non Profit Debt Consolidation News
Sparton Corporation Reports $0.75 EPS for Fiscal Year 2010; $0.21 for Fiscal 2010 Fourth Quarter
SCHAUMBURG, Ill.----Sparton Corporation today announced results for the fourth quarter of fiscal 2010 ended June 30, 2010. The Company reported fourth quarter net income of $2.1 million, or $0.21 per share, versus a net loss of $8.8 million, or $0.90 loss per share, for the fourth quarter of fiscal 2009.
Read more...Verint Announces Second Quarter Results
MELVILLE, N.Y.----Verint® Systems Inc. a global leader in Actionable Intelligence® solutions and value-added services, today announced its second quarter results.
Read more...REX American Resources Reports Q2 EPS of $0.12 Versus $0.09
DAYTON, Ohio----REX American Resources Corporation today announced financial results for its fiscal 2010 second quarter ended July 31, 2010.
Read more...Navistar Reports 3Q $137M Net Income on Improved Performance of Core Businesses, Strong Military Sales
WARRENVILLE, Ill.----Driven by continued advances in its core business, increased military sales and improvements in its cost structure, Navistar International Corporation reported profitable results for the third quarter ended July 31, 2010.
Read more...Animal Health International, Inc. Reports Its Fourth Quarter and Fiscal 2010 Earnings and Guidance for Fiscal Year 2011
WESTLAKE, Texas -- Animal Health International, Inc. , a leading distributor of animal health products in the United States and Canada, today reported its financial results for the Company's fourth fiscal quarter, which ended June 30, 2010, as well as fiscal year performance.
Read more...