Tag: Student

8 Easy, Low-Cost Businesses Any College Student Can Start #top #ten #business #ideas


#business ideas for college students

#

8 Easy, Low-Cost Businesses Any College Student Can Start

Hi there, you can call me Aaron. I’m cofounder at livecube and I’m based in Greater New York City Area.

Let’s face it: summer internships aren’t the best route for all students. Some with an entrepreneurial side and a business-savvy mindset just need more—both in terms of real-life experience and dollars. For students who want a high return, low barrier to entry, freedom to be their own boss and something that will look great on an MBA application, here are nine low-cost starter businesses that college students can start.

Food Cart

There are only three things you need to create a food cart: a cart/kiosk, a license to sell and food to cook. Sites like GigMasters.com offer food carts for rent across the U.S. or you could set up your own table. The key is to finding a good location such as near a college campus or shopping area. Permits range depending on the location. For instance, a permit in Philadelphia is $150, while a permit for New York City is $200. Hot dogs, baked goods and tacos sell well due to low-cost supplies and minimal labor.

Avon Sales Rep

If you’re good with sales and you want to be your own boss without the added costs of starting your own business, being a sales rep for Avon is a good bet. With just $10, you’re on the way to getting things started and unlike other direct sales companies, the starter kit is included in this fee. Set your own hours, a space for yourself in your house and run your business as you please.

SAT Tutoring

No one is more qualified to tutor prospective college students on the SATs than a college student who did well on it. SAT prep books cost between $20 and $30. Set aside money for advertising in your local paper and put up your own ads in public places. Set your hourly rate at a reasonable price. TestMagic charges $85 per hour while others go as high as $200 per hour.

T-shirt Company

Raymond Lei, creator of ooShirts. created his own custom T-shirt business while in college. If you’ve got a funny sense of humor or great design style, starting your own shirt company is a great venture. After you’ve drafted a few ideas, the next step is to find a printer. Depending on how many shirts you’re printing, costs can run high, but as long as the demand is even higher, you’ll continue to be profitable. Think about getting a stand at a local flea market or street festival to boost sales.

Moving Service

All you need to begin your own moving services is a moving truck, a valid license and some brawny friends. U-Haul trucks typically between $20 to 40 per day (plus mileage) and most movers charge about $200 to $400 for a local move. Advertise your “man with a van” service on Craigslist and on public bulletin boards. Also use the Web by posting on Facebook and Foursquare, as well as asking friends or clients to review your business on Yelp. You can also find dollies, hand-trucks, blankets, and other moving supplies on Craigslist.

Childcare

Starting your own babysitting service can be easy, as long as you invest in the proper resources and become qualified. First, obtain a childcare license which can cost up to $100. You should be first aid and CPR trained, and these certificates cost about $50 (though some places, like the Red Cross, offer this for free). Advertise your service locally, or on trusted babysitter websites such as Sittercity.com and Care.com. Your best chance of success is by having a flexible schedule, such as availability on evenings and weekends. Parents will be especially impressed with students majoring in education, child psychology or art therapy.

Arts and Crafts

If you’re an artist, selling your work can be the perfect entrepreneurial venture for you. You can set up a profile on Etsy and sell your work there, as well as at arts and crafts festivals and school campuses. It might be helpful to have a website you can direct people to for photos of your work and contact information. Look at the most popular items on Etsy and at craft fairs, such as jewelry, hats, clothing and other objects. And to keep costs low, look for materials that can be repurposed (and possibly even donated by local businesses—”reclaimed” is hot these days).

Website Design

Almost every small business wishes it had a better website. If you have skills and experience with HTML, WordPress, Flash or other site-building platforms (and some graphic design chops), you can freelance your work for a hefty profit. If you want a simple projects, logos can be sold for over $300 apiece. Create packages in which you offer bundled services, such as revamping a site and starting a blog for a flat fee. Build a portfolio of mock-up home pages and bring your iPad to prospect meetings to show it off.

Did you have an enterprise to raise money for college?

Image by OPEN Forum


Tags : , , , , , , , ,

Lender Lister – Business Directory #local #lenders, #residential #lenders, #banks, #wholesale #lenders, #commercial #lenders,

#

Search for Local Lenders

Residential Mortgage Lenders (14)
. First Time Home Buyers. VA Lenders. Reverse Mortgage Lenders.

Commercial Lenders (4)
Apartment Lenders. Non Recourse Lenders. Self Storage Lenders. SBA Lenders.

Hard Money Lenders (3)
Hard Money Residential Lenders. Hard Money Commercial Lenders. Hard Money Business Lenders

Wholesale Lenders (4)
Wholesale Residential Lenders. Wholesale Commercial Lenders. Wholesale Hard Money Lenders. Wholesale Jumbo Lenders.

Personal Loan Lenders (4)
Payday Loan Lenders. Same Day Loan Lenders. Direct Lenders. Peer to Peer Lenders.

Auto Lenders (1)
Bad Credit Auto Lenders. National Auto Lenders. Boat Lenders. RV Lenders.

Vacant Land Lenders (0)
Farm Lenders. Landfill Lenders. Unimproved Land Lenders. Improved Land Lenders.

Construction Lenders (1)
Commercial Construction Lenders. Residential Construction Lenders. Oil & Gas Construction Lenders. Highrise Construction Lenders.

Appraisal Services (0)
Appraisal Management Companies. Residential Appraisal Companies. Commercial Appraisal Companies. Surveyors.

Contractors (0)
Acoustical, Ceiling, Drywall. Concrete. Counter Tops. Drywall.

Credit Companies (0)
Credit Repair. Credit Monitoring. Check

Title Companies (0)
Real Estate Attorneys. Title Insurance. Contract Processing. Title Search.

Real Estate (1)
Real Estate Agencies. Real Estate Agents. For Sale By Owner Advertising. Commercial Real Estate Agencies.

Student Loans (0)
College Grants. Student Grants. Federal Student Loans. Direct Student Lenders.

Homeowners insurance (0)
Insurance Agencies. Insurance Agents

Financial Services (3)
Banking. Consultants. Credit Card Processing. Credit Unions.

Marketing (0)
Business Development. Communication Services. Other. Public Relations.


Tags : , , , , , , , , , , , , , , , , , , , , , , , , , , ,

How to Get Out of Student Loan Debt #student #loan #debt #stories


#

How to Get Out of Student Loan Debt

Of the millions of Americans who struggle to pay student loans, many want to know: Can I reduce or eliminate my student loan debt? In very limited circumstances, it is possible to get rid of student loan debt. However, most people will not be able to wipe out some or all of their loans. The good news, though, is that some people are eligible to reduce monthly payments, get a temporary break from payments, or take advantages of other ways to better manage their student loan payments.

Many of these programs depend on the kind of loan you have. To find out about the different types of loans and get details on the below programs, see the articles in our Student Loan Debt area.

Below is an overview of your options if you struggle to pay your student loans.

Payment Plans for Financial Hardship

If your income is low or unstable, or you have very high student loan debt compared to your income, you might be eligible for one of the below plans.

Income Contingent Repayment Plan (ICRP)

If you have a federal Direct Loan (other than a PLUS loan), you can opt for this plan which calculates your payment amount based on your income. Your payments could be as low as $5 or even $0. If you haven’t paid off your loan after 25 years, the government will cancel the remaining balance.

Income Sensitive Repayment Plan (ISRP)

In this plan, which is only available for a certain type of loan (called a FFEL), your payments are based on your annual income, family size, and total loan amount. Your payments must at least cover accruing interest and you must pay the loan off in ten years.

Income Based Repayment Plan (IBRP)

You can get an IBRP for both Direct loans and FFELs, but you cannot be in default to qualify. IBRP offers more flexible options than under ICRPs or ISRPs. Your debt is eliminated after 25 years of payments, payments can be less than the accruing interest, and may be less than under ICRPs or ISRPs.

Hardship Repayment Plans for Perkins Loans

If you have a Perkins loan, you must pay at least $40 per month, but the school can extend repayment for another ten years or allow additional extensions for prolonged illness or unemployment.

To learn more about these types of plans, see Student Loan Repayment Options .

Payment Plans Without Financial Hardship

If you don t qualify for a payment plan based on financial hardship, there are still several options for restructuring your payment plan for federal loans. You can opt for a graduated payment plan where your payment starts low and slowly increases as time passes. Or, if your loan is over a certain amount, you can stretch out your payments over 25 years (versus the usual ten years). To learn more, see Student Loan Repayment Options .

Consolidating Your Student Loans

A consolidation loan allows you to combine one or more of your federal student loans into a single loan with one monthly payment. A consolidation loan can be helpful if you want to reduce your interest rate, you don t qualify for another payment plan program, you qualify for another payment program but still can t afford the payments, or you want to get out of default.

To learn more about how to consolidate your loans, eligibility criteria, restrictions, and the pros and cons, see Student Loan Consolidation .

Deferring Student Loans

A deferment excuses you from making student loan payments for a set period of time because of a specific condition in your life — such as returning to school, economic hardship, or unemployment. Interest will not accrue on subsidized loans during the deferment period. (Learn more about deferring student loans .)

Getting a Forbearance

With loan forbearance, your loan holder gives you permission to stop making payments for a set period of time or to temporarily reduce payments. Common reasons supporting a forbearance include poor health, unforeseen personal problems, your inability to pay the loan within ten years (or other loan term period), or monthly loan payments that are more than 20% of your income. (Learn more about student loan forbearances. )

Cancelling Student Loans

In some situations, you can get rid of your student loans altogether. This is referred to as cancelling or discharging loans. In order to do this, you must meet very specific criteria. The programs only apply to certain types of loans and sometimes only if you received the proceeds after January 1, 1996. Sometimes, you can cancel part of the loan, but not the entire loan.

The circumstances in which you might be able to cancel your student loan include:

  • You attended or were enrolled in a school that closed while you were there, before you started classes, or within a certain time frame afterwards. This program only applies to certain types of loans. (Learn more about cancelling a student loan due to school closure .)
  • Your school refused to refund you money that it owed to you because you did not attend the school or withdrew. (Get details on cancelling a student loan due to unpaid refunds .)
  • Your school did not make sure that you were qualified to attend the program. This is called false certification. (Get specific information on cancelling student loans due to false certification .)
  • You work in certain occupations after graduation (like teaching or some public service jobs). (Learn more about cancelling part of your loans due to your occupation, volunteer, or public service work .)
  • You are unable to work because of an illness or injury that is expected to continue for five or more years or result in your death.
  • If the person owing the loan dies, the loan obligation ends. (Learn more about cancelling student loans due to permanent disability or death .)

Discharging Student Loans in Bankruptcy

It s very difficult to discharge student loans in bankruptcy. You must demonstrate that it would be an undue hardship for you to pay them, and courts are very reluctant to find that debtors have met this standard. If you file for Chapter 13 bankruptcy, however, you may be able to pay all or part of your student loans through your Chapter 13 plan. To learn more, see Student Loans and Bankruptcy .

Talk to a Debt Settlement Lawyer.


Tags : , , ,

Oak Tree #oak #tree #apartments #kingsville, #luxury #apartments #in #kingsville #tx, #apartments #in #kingsville

#

Oak Tree Luxury Apartments in Kingsville, TX

Oak Tree is the only address for luxury apartments in Kingsville, TX. Our community features walk-in closets, wood-style flooring and brushed nickel hardware throughout each one or two bedroom home. Residents will enjoy 9′ ceilings, custom cabinetry, and garden bath tubs in select apartment homes. Our apartments will provide you with everything you need and more to live the life you deserve.

Oak Tree Apartments combines location and luxury urban living into the ultimate life experience. Residents of our Kingsville apartments have exclusive access to upscale amenities. including a resort-style swimming pool with Wi-Fi access, a 24-hour fitness center, and an internet cafe and coffee bar. Our community offers a dog park just for our residents and their pets. We have everything you could possibly need to live a carefree lifestyle. Contact us today and receive more information about our apartments in Kingsville, TX.

Located near the Naval Air Station, Oak Tree provides residents with a great location near everything in Kingsville. Take advantage of all the great shopping, dining, and entertainment surrounding your new home. Take up a game of golf on the weekend or witness an air show display by the Naval Air Station Kingsville jet pilots. We are an easy drive to Corpus Christi for even more entertainment opportunities. With easy access to Highway 77, traveling anywhere in the area becomes a breeze. We have something for everyone.

We want to help you find the perfect Kingsville, TX apartment home to fit your lifestyle. If you are searching for Kingsville apartments, come home to Oak Tree today and enjoy the best that the area has to offer.

For more information about our luxury apartments in Kingsville, please contact us today.

Convenient Kingsville Neighborhood Locations

Restaurants

  • Big House Burgers 2209 S Brahma Blvd, Kingsville, TX 78363 PH: (361) 592-0222 1.21 Miles
  • Chili’s Grill & Bar 2727 US 77 Bypass, Kingsville, TX 78363 PH: (361) 592-3840 0.92 Miles
  • IHOP 2612 S.77 Expwy, Kingsville, TX 78363 PH: (361) 595-4467 0.59 Miles
  • Sirloin Stockade 1500 S Brahma Blvd, Kingsville, TX 78363 PH: (361) 595-1182 1.41 Miles
  • Wingstop 1310 General Cavazos Blvd, Kingsville, TX 78363 PH: (361) 592-9464 0.79 Miles

Shopping

  • Bealls 2319 S Brahma Blvd, Kingsville, TX 78363 PH: (361) 592-6853 1.09 Miles
  • Dollar General 1701 S 14th St, Kingsville, TX 78363 PH: (361) 595-7533 1.38 Miles
  • Lowe’s 1420 E General Cavazos Blvd, Kingsville, TX 78363 PH: (361) 246-1000 0.80 Miles
  • Maurices 2329 S Brahma Blvd, Kingsville, TX 783 PH: (361) 592-3343 1.08 Miles
  • Walgreens Pharmacy 922 E King Ave, Kingsville, TX 78363 PH: (361) 221-9714 2.14 Miles
  • Walmart Supercenter 133 E General Cavazos Blvd, Kingsville, TX 78363 PH: (361) 595-4146 1.53 Miles

Banks

  • Kleberg Bank 1133 E General Cavazos Blvd, Kingsville, TX PH: (361) 592-8501 0.76 Miles
  • Kleberg Bank 100 E Kleberg Ave, Kingsville, TX PH: (361) 592-8501 2.43 Miles

Hospital

  • Christus Spohn Hospital Kleberg 1311 General Cavazos Blvd, Kingsville, TX 78363 PH: (361) 595-1661 0.70 Miles
  • StatCare Minor Emergency Clinic 500 E Caesar Ave, Kingsville, TX 78363 PH: (361) 516-0800 1.85 Miles

Entertainment

  • King Ranch Museum 405 N 6th St, Kingsville, TX 78363 PH: (361) 595-1881 2.65 Miles
  • Rio 7 Cinemas 1601 US 77 Bypass, Kingsville, TX 78363 PH: (361) 516-1303 0.93 Miles

Colleges

Student Loan Refinance – Find a Loan #student, #loans, #refinance, #e #student #loans, #education,

#

Student Loan Refinance Program

Student Loan Refinance Program Features

  • Take control of your student loans with a Student Choice Refinance Loan from DCU.
  • You’ll be able to refinance and consolidate your private and federal student loans into one manageable loan, setting up one convenient payment, and potentially saving thousands of dollars in interest rate charges.
  • Featuring a competitive interest rate, our refinance loan can help you simplify your life while amplifying your funds.

Please refer to Details and Rates tabs for additional information and important disclosures.

Student Loan Refinance Details

What You Need to Know Before You Borrow:

  • Refinance your private or federal student loans, including PLUS loans, up to $100,000
  • Keep in mind that by refinancing federal student loans, you may lose certain borrower benefits from your original loans. These may include interest rate discounts, principal rebates, or some cancellation benefits that can significantly reduce the cost of repaying your loans.
  • Receive a 0.25% rate discount for automatic electronic payment 1

Who’s eligible?

  • U.S. citizens or permanent residents who have graduated from an approved public or private not-for-profit school 2
  • In repayment or grace on one or more outstanding private or federal student loans
  • Able to pass a credit check (A co-borrower may be necessary in order for you to meet credit criteria, and may also help you qualify for a lower rate)

1. If your loan is subject to a floor rate (also known as a minimum interest rate) as specified in your promissory note, your rate will never be less than the floor rate.

2. Approved schools subject to change.

Variable Rate Solution

The Annual Percentage Rate (APR) is variable 1 and is based on the Prime index 2 plus a margin 3. The rate you receive depends on your credit qualifications and the repayment term you select.

The current offered variable rates are 4 :

between 5.00% and 9.50% APR

All loans are subject to approval and restrictions may apply. Digital Federal Credit Union reserves the right to change rates for new applications at any time and without notice. Credit union membership and a minimum share deposit is required. Contact us for membership details.

Important. Please remember that federal loans do offer certain benefits and protections that do not transfer to a private loan. By refinancing your federal student loans to a private loan you will lose any federal benefits that may apply to you. Please review this important disclosure for more information.

Rates are effective .

* Rates shown include a 0.25% discount for optional enrollment in automatic electronic payments.

1. Variable interest rate solution: the rate is subject to increase after consummation. Your Interest Rate is variable and may be adjusted quarterly based on the Index. Any increase in the Index may increase the APR and may increase the amount of your monthly payment.

2. As of March 1st, 2017, the Prime index (Index), as published in the Wall Street Journal, used is 3.75%. The interest rate will not exceed 18.00% regardless of the Index.

3. Margin will be disclosed upon approval. This Margin is added to the Index to determine the calculated interest rate.

4. Current offered rates are calculated using the Index, Margin, and Floor values in effect. Your specific Interest Rate, Margin, Floor, and/or credit approval will depend upon the student borrower’s and co-borrower’s (if applicable) credit qualification. Applicants may apply with a creditworthy U.S. co-borrower which may result in a better chance of approval and/or lower interest rate.

5. Fixed interest rate solution: your interest rate is fixed and is based on your credit qualification and the repayment term you select. Your actual rate within the ranges stated will be disclosed upon approval.

APR = Annual Percentage Rate.

Examples provided use highest current offered rate in effect for each repayment term and assume a constant interest rate on a $50,000 loan amount. Rates shown include a 0.25% discount for optional enrollment in automatic electronic payments.

Variable Interest Rate Solution

  • 5 year loan term: with a 7.00% APR, the monthly payment will be $990.06. Finance charges will be $9,403.55
  • 10 year loan term: with a 7.50% APR, the monthly payment will be $593.36. Finance charges will be $21,221.05.
  • 15 year loan term: with a 8.00% APR, the monthly payment will be $477.83. Finance charges will be $36,008.08.

Fixed Interest Rate Solution

  • 5 year loan term: with a 8.25% APR, the monthly payment will be $1,019.81. Finance charges will be $11,188.60.
  • 10 year loan term: with a 8.75% APR, the monthly payment will be $626.63. Finance charges will be $25,195.60.
  • 15 year loan term: with a 9.25% APR, the monthly payment will be $514.60. Finance charges will be $42,628.00.

[an error occurred while processing this directive]

Can I refinance student loans I ve already consolidated


Tags : , , , , , ,

Sample Nursing Resumes: Nursing Resume Templates #nursing #student #resume #objective, #sample #nursing #resumes: #nursing

#

At this short page, we elaborate on two tips for writing and drafting your nursing resume: The objective statement and the key skills.

1. Nursing Career Objective statements

Pay special attention when writing the career objective in a resume.
The objective statement is a short yet important message located at the very beginning of your resume, stating how you would contribute the organization.
This statement should grab the attention of the employer so he will continue reading your resume.

Let’s check out some examples of nurse objectives taken for the hereunder samples:

  • RN: As an experienced nurse I would like to join a medical center that offers me a constructive and challenging work environment for enhancing my nursing skills and contribute in reaching optimal healthcare standards.
  • LPN: To obtain a position as a LPN nurse where I can reach top nursing care performance utilizing advance nursing practices, medical methods and techniques
  • STAFF: A motivated staff nurse professional with [x] years experience in various medical fields seeking a challenging position to achieve top healthcare outcomes.
  • ER: Seeking ER nurse position where my strong nursing skills and experience can be effectively utilized to enhance and improve care results in complex and multi-system issues.
  • OR: As a hard-working OR nurse professional who enjoys being part of the operating room, I seek a position where I can accomplish excellent nursing care results by building strong working relationship with the nursing team.
  • New Grad: To join an medical organization as a graduate nurse for developing my nursing experience and skills using my exceptional quick learning abilities and to work hard, focus, and implement health care priorities.

2. Sample Key Skills for Nurses Skills Requirement

The ‘key skills’ section in your resume provide an quick inventory of your personal traits, competencies and strengths and how those qualities can help the job in question.

What are those key skills ?

Let’s have a look

  • Ability to meet deadlines
  • Punctuality
  • Adaptability and flexibility
  • Self control
  • Attendance
  • Ethical
  • Organized and multi tasking Ability to handle multiple priorities
  • Posses effective verbal and written communication skills
  • Good judgment, decision making and problem solving skills
  • Excellent performer assessing, diagnosing, planning, implementing and evaluating of nursing care.
  • Resourceful

Tags : , , , , , ,

Protege Academy #protege #academy #of #cosmetology #campus #at #east #lansing #(call #517-324-3388), #16800 #chandler

#

Start in East Lansing or Mt. Pleasant, then travel the world!

Protégé Academy is Mid-Michigan’s most advanced school of cosmetology. We are a TIGI Creative School with locations in East Lansing and Mt. Pleasant. Our cosmetology program offers an exciting learning experience in a state of the art facility and a unique study abroad opportunity. Financial aid is available for those who qualify.

Our cosmetology students gain advanced education in make-up, cutting, and coloring. At Protégé Academy, you will:

  • learn from internationally trained, trend-setting stylists
  • excel under the coaching and mentorship of our experienced instructors from well-recognized academies
  • use the most innovative products, including TIGI Colour Line, BED HEAD Products, TIGI Cosmetics line. and OPI Nail Products
  • train in our state of the art facility with free parking and easy accessibility
  • study abroad with top TIGI educators and industry greats in New York, London, and Milan, Italy

Our commitment to hair, fashion, and make-up artistry is unparalleled. Our mission is to provide each student with a specialized national, and international education that prepares you for a competitive and successful career. Our graduates are educated in the highest standards of the business, using ethics and techniques that set them apart from others – with placement in the film industry and prestigious salons across the United States. Start your exciting career at Protégé Academy!

East Lansing Location Accredited by NACCAS.
Mt. Pleasant Location Accredited by NACCAS.

The National Accrediting Commission of Career Arts and Sciences is recognized by the United States Department of Education as a national accrediting agency for postscondary schools and departments of cosmetology arts and sciences and massage therapy. Financial Aid for those who qualify.

Protégé Academy participates in the Veterans Educational Benefits program. If you are interested in using your Veterans Educational Benefits at the Academy, please speak with the Financial Aid Director.

Schedule a Tour

BUSINESS HOURS


Tags : , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Student Loan Forbearance – Delay Repayment #student #loans #in #forbearance


#

Life After College: Your Forbearance Options

Avoid Student Loan Delinquency

Student loan lenders (the U. S. Department of Education and the private market) provide a variety of repayment programs tailored to a new graduate s changing financial circumstances. It is in a lender s best interest to help you pay what you owe, but you should know there is generally a difference in flexibility between federal and private lenders. Since federal student loans are not for profit, you ll receive more assistance in making changes to their terms of repayment as compared to the options a private lender will offer if you have trouble repaying as agreed.

If you experience difficulties in repaying your student loan debt, your first move should be to discuss a new repayment plan with your loan servicer. If that attempt fails, the two main avenues of relief are deferment and forbearance, which are periods during which you are not required to make regular loan payments.

Forbearance Of Federal Student Loans

The following information covers the federal guidelines for forbearance. because while the concept of forbearance in the lending industry is always the same, each private lender makes its own rules with regard to how forbearance is applied. The federal government farms out its student loans to different loan servicers, but the federal rules will always be used in determining how your forbearance works.

Forbearance involves reducing the amount of or ceasing your monthly loan payments for up to a year while interest continues to accrue. Because of that interest provision, which makes your loan more expensive, forbearance is considered less attractive than deferment, which is the other means of temporarily suspending loan payments.

The two types of forbearances are discretionary (your lender may or may not grant your request for forbearance) and mandatory (your lender must grant such a request). Ask your loan servicer how to submit a request, and be aware documentation of your stated reasons is usually required.

You may ask for a discretionary forbearance if your ability to pay is temporarily lessened due to illness or financial straits. But if you meet the criteria for a mandatory forbearance, you will receive it. Here is an outline of the basic standards you must meet for mandatory forbearance:

  • You are working in a residency or internship as a medical or dental student.
  • Your monthly student loan payments, added together, equal at least 20% of your gross income.
  • You have received an award for your work and are still participating in a program sponsored by the Corporation for National and Community Service, such as Americorps.
  • Your employment as a teacher would qualify you for forgiveness of those loans related to teaching.
  • You would qualify for the partial loan repayment offered in the U.S. Department of Defense Student Loan Repayment Program.
  • You are a member of the National Guard currently in active status, but you do not qualify for a military deferment.

The primary reason to avoid requesting a forbearance is expense. If you do not pay at least the interest on your loan, it may be added to the balance of your loan, meaning it also draws interest.

Seeking Forbearance From A Private Lender

As noted above, every private lender sets its own terms for granting forbearances. Oddly, most lenders do not provide a great deal of information about exactly how they decide to approve or decline customer requests for forbearance, so this is one point you should be certain to clarify with your lender before choosing a private loan.

One example is Wells Fargo. which explains what forbearance means and gives links to its two forbearance forms without any further statement. Those two forms are for the two types of forbearance Wells Fargo offers, one for students who are in school, or in a residency, internship, or fellowship and the other for students taking the in-school forbearance who want to extend that forbearance to summer breaks.

Bank of America and Sallie Mae mention the topic of forbearance, but shy away from providing any substantive information on their policies. Citizens Bank is more accommodating, posting general information about federal forbearance requirements, but avoids discussing forbearance in its documentation on its student loan product.

Other Ways To Delay Student Loan Payments

Deferment

The most common of the other methods is deferment, which is very similar to a forbearance. In federal student lending, deferment also means you do not have to pay either principal or interest on your loan for a stated period of time, and also for certain types of loans (Perkins, Direct Subsidized, and old subsidized Stafford loans) the government will pay the interest for you. That is a distinct advantage of deferment over forbearance if you have one of those three loan types.

There is a chart detailing eligibility for federal deferment available here .

Less Common Methods

There are other, less common options for putting off student loan payments, including bankruptcy, cancellation, discharge, and forgiveness. Bankruptcy may not help you erase student loan debt, although even if that is the case it may help you pay off your student loans because your other debts are resolved. Cancellation can help you terminate a Perkins loan obligation in exchange for public service, including a teaching stint.

Discharge applies to extreme situations, such as disability, death, or some problem with your school. For example, if your school closes before you finish the term for which you borrowed money, or fraudulently certifies your loan eligibility, you may receive a discharge. Loan forgiveness is a more benign option, in which another entity pays the debt on your behalf in exchange for service.


Tags : , , ,

Student Loan Services – Ways to Pay for College #student #loan #services, #college #financing,

#

Student Lending and Services

* Multi-year approval funds available for future use are subject to a soft credit inquiry at time of your next request to verify continued eligibility. After we make the initial loan to you, we may refuse to allow you to take out additional loans under the multi-year approval feature, terms and conditions will be outlined in your promissory note.

1 Average savings of $643 are calculated using the 2016/2017 Award Year Federal Direct PLUS Loan program reporting (as of 5/03/2017 for quarter ending December 31, 2016 not including Grad PLUS) of originations of

$11.1 billion to 740,097 borrowers through 769,597 loans with an average loan size of $15,035.30. Average fee savings is possible with either private student loan option we offer, including the Citizens Bank Student Loan or the Citizens Bank Student Loan for Parents.

2 Average savings based on 57,772 actual customers who refinanced their federal and private student loans through our Education Refinance Loan between January 6, 2014 and January 31, 2017. The borrower s savings might vary based on the interest rates, balances and remaining repayment term of the loans they are seeking to refinance. The borrower s overall repayment amount may be higher than the loans they are refinancing even if their monthly payments are lower.

3 U.S. Dept. of Education. The loan fee is a percentage of the loan amount and is proportionately deducted from each loan disbursement. For Loans first disbursed between October 1, 2016 and September 30, 2017 the origination fee is 4.276%.

4 Interest rate reduction of up to 0.50 percentage points is possible with the following discounts:

Loyalty Discount: The borrower will be eligible for a 0.25 percentage point interest rate reduction on their loan if the borrower or their co-signer (if applicable) has a qualifying account in existence with us at the time the borrower and their co-signer (if applicable) have submitted a completed application authorizing us to review their credit request for the loan. The following are qualifying accounts: any checking account, savings account, money market account, certificate of deposit, automobile loan, home equity loan, home equity line of credit, mortgage, credit card account, or other student loans owned by Citizens Bank, N.A. Please note, our checking and savings account options are only available in the following states: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, and VT and some products may have an associated cost. This discount will be reflected in the interest rate disclosed in the Loan Approval Disclosure that will be provided to the borrower once the loan is approved. Limit of one Loyalty Discount per loan and discount will not be applied to prior loans. The Loyalty Discount will remain in effect for the life of the loan.

Automatic Payment Discount: Borrowers will be eligible to receive a 0.25 percentage point interest rate reduction on their student loans owned by Citizens Bank, N.A. during such time as payments are required to be made and our loan servicer is authorized to automatically deduct payments each month from any bank account the borrower designates. Discount is not available when payments are not due, such as during forbearance. If our loan servicer is unable to successfully withdraw the automatic deductions from the designated account three or more times within any 12-month period, the borrower will no longer be eligible for this discount.


Tags : , , , , , , , ,

Degree Programs – Greatwood University #online #degrees, #online #university, #online #universities, #accredited #online #university,

#

Degree Programs

A smarter way to be competitive in business environment

Degree Programs

Greatwood University offers the best online degree programs which are fully accredited and internationally recognized. Online degree programs at Greatwood University are comprehensively designed by industry experts and scholars to ensure students receive superior knowledge and valuable skills to be used in real world scenarios. We provide students with an excellent opportunity to become career ready by acquiring academic qualification in the relevant field and unleash your true potential. Online degree programs offer strategic direction and a new insight to focus on real world leadership and managerial positions.

  • Associate Degree
  • Bachelor’s Degree Program
  • Master’s Degree Program
  • Doctorate Degree Program

Associate Degree

Associate’s degree programs at Greatwood University equip students with skills and knowledge which facilitates lifelong learning and allows them to achieve managerial or leadership position in their respective field. We help you earn an online associate’s degree in a flexible and affordable way. This program is rigorous and professionally designed to fit around the demands of busy students and working adults.

Eligibility Criteria

Eligibility Criteria

A-Levels, GSE, High School Diploma or equivalent international education


  • Bachelor’s Degree

    Bachelor’s degree programs at Greatwood University is a perfect starting point to move up the career ladder by acquiring a solid academic credential in a respective field. It prepares students for the professional world challenges and opportunities. It helps students develop academic, systematic and intellectual thinking skills. The comprehensive curriculum equips students with industry responsive skills and advanced knowledge.

    Eligibility Criteria

    Eligibility Criteria

    A-Levels, GSE, High School Diploma or equivalent international education


  • Total Credit Hours


    Tags : , , , , , , , , , , , , , , , , , , , , , , , , , ,