JRC Solutions

High school sophomores heading into your Junior year, start doing your scholarship search for college money this summer.

Something not so college funding related but inspiring and worth the watch.

Existential Bummer More on HuffPost Good News: http://www.huffingtonpost.com/2013/11/14/jason-silva-shots-of-awe-existential-bummer_n_4269849.html RYOT: http://www.ryot.org/vid...

Necessary tool for anyone considering a federal student loan.


http://www.direct.ed.gov/calc.html

Direct Loans—Calculators and Interest Rates Description of repayment plans There are several repayment plans: standard, extended, graduated, and income contingent. How much you pay and how long you take to repay your loans will vary depending on the repayment plan you choose. Consolidation loans also have varying repayment plans. Use the lin…

Your Federal Student Loan Borrower Rights & Responsibilities
What federal student loan borrowers need to know:

You need to keep accurate records of your federal student loans.
Keep your copy of the signed Master Promissory Note.
Open, read and maintain any loan information you receive from your school or loan holder.
Don’t ignore your loan payments.
When having difficulty making your scheduled payments, contact your loan holder to discuss repayment options.

Your rights and responsibilities as a borrower:

You must use your federal student loan for educational expenses only.
Your loan holder must give you details about your federal student loan before its disbursed and again when it’s time to start paying your federal student loan.
You must tell your loan holder any time you drop below half-time enrollment or change schools.
You must tell your loan holder if you change your name, address, phone number, social security number, references or driver’s license number.
Before you leave school, you need to tell your loan holder your permanent address, the name and address of your expected employer (if known), and the address of your nearest relative.
You must repay your federal student loan, plus interest, even if you did not finish your program, did not finish your program in the regular time allotted for program completion, you are unable to get a job after you finish, or if you are unhappy with or do not get the education or other services you purchased from the school.
Your loan holder may sell your federal student loan or use a servicer to manage your account. If the federal student loan is sold and the address where you send payments changes, you’ll be notified of the name, address and phone number of the new loan holder.
You are entitled to a deferment or forbearance of your federal student loan payments in certain situations. Contact your loan holder for the details.
You may prepay your federal student loan at any time without penalty.

www.fastweb.com Great source for high school students to begin their search for free money. Start applying as early as your sophomore year and apply for everything that you qualify for. They ain't gonna give it to you unless you ask.

How to Fill Out the FAFSA The Free Application for Federal Student Aid (FAFSA) allows students to apply for more than $150 billion in grants, loans, and work-study funds. Check out th...