Financial aid available for college-bound studentsMany sources of financial aid are available to help college-bound students pay higher education expenses, including federal and state grants, scholarships and Federal Stafford and PLUS loans. In addition, merit-based scholarships and need-based grants are often available at the local level. All these programs may help ease the burden of paying for college, but sometimes it is not enough to pay college costs. When that happens, parents and students may take advantage of private student loans. In addition to providing Federal Stafford and PLUS Loans in Kentucky, The Student Loan People, Kentucky's only non-profit student loan provider, offers the Advantage Loan. This loan helps bridge the gap between the cost of college and the financial aid a student has received.
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MyRichUncle(TM) Advises Students and Parents on Critical Student ...NEW YORK, June 27 /PRNewswire/ -- For the nearly eighteen million students estimated to be attending colleges and universities across the country this fall, studies show that up to 90 percent will need some kind of financial aid assistance to foot the bill. MyRichUncle(TM), the student loan company focused on shifting the industry to work in the best interests of the student, has been originating private student loans for over one year, and just recently announced its offering of Federal Student Loans, with an immediate interest rate reduction at repayment of one to nearly two percent versus all other national providers. "We have received a tremendous amount of attention and feedback regarding our federal student loans. The most interesting, though, is the notion that we've started a price war," said Raza Khan, president and co-founder of MyRichUncle.
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