Finance Tips

Your long awaited dream of joining college is finally here and you are ready to pack your bags and embrace your destiny. The issue of finances comes when you read your acceptance letter and they show the college fees that you are required to pay. If you or your parents had not planned for this, then it can be a setback. This should not worry you though, there are ways to go through college and achieve what you set out to achieve. With college fees increasing yearly, student loans have helped many students gain a brighter and more promising future.

When you decide to look at this option, it is important that you conduct thorough research. This means that you should collect information relating to the amount of money you will need to fund your education. You should have a basic clue of how much your tuition and fees for the course that you want to pursue are. In addition, you should also have estimates for other expenses like books, travel expenses, room and board, personal expenses etc. Continue reading ‘Student Loans- Your Gateway To Achieving Your Goals’ »

CitiAssist Loans

Most of the larger banks and some of the smaller private lending institutions offer various forms and options of both federal and private student loans. Citibank student loans are available under the CitiAssist Loan program, which provides a wide range of student loans for undergraduate, graduate, law and health professions and residency loans. Each of these Citibank student loans is designed to provide funding to students in different types of academic settings with qualifying requirements and either a co-signer or a good, solid credit score.

Understanding the different options with Citibank student loans requires both a good understanding of your future academic and career goals as well as a knowledge of you projected current and future income for setting realistic repayment options and deferment dates for the loan. The different Citibank student loans include: Continue reading ‘CitiAssist Loans’ »

Student loans have been a cause of worry for many. Especially the recent graduates who are fresh out of the college and still do not have a job. There is a great chance of a loan defaulting. It is on 23rd of June that a bill was passed to bring much relief to students who want to rehabilitate or consolidate their loans.

How many would be benefited by this bill. Has the information really percolated to the much awaiting students? Does the Education department have any role to play in the rehabilitation?

The essence for this bill to have come into effect lies in the fact that post credit crisis; there were no borrowers for rehabilitated loan. Many students were left without rehabilitation of loans. Subsequently, they could not remove the default notification from their credit reports.

Continue reading ‘Student Loans Rehabilitation Bill From President Obama – Will it Erase Credit Default Notification?’ »