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College Finance

Student loans, scholarships and grants oh my! Financing a college education can be both hectic and confusing at times. Find out the answers to your college financing questions here.

164 Questions

Can you get money back on your taxes if you pay for college out of you pocket?

It is only deductible if you are already in the field and can relate the courses to your current work. If you actually get money back on your taxes is an entirely different issue.

What is Asset Reconciliation?

Asset Reconcilation means reconcilation of asset, verifying the asset with the available cash.

How do I apply for the scholarship for World War 1 grandchildren great-grandchildren?

http://www.financialaid.iastate.edu/scholarships/applications/Noyes app 0305 13-1420121017.pdf

Can the state make you pay for college for your child?

Once your child is 18, he's on his own. Unless you are divorced and college was included in the divorce decree.

Can Oprah help you pay for college?

Hey my name is Lewis Rogers, I want to know can Oprah help me pay for college. Im sending in a letter to briefly explain why.

How can you pay for college?

One way is to apply for student loans. You can also apply for scholerships. Another idea is to first go to a comunity college for a couple of years and work after school to save money, then when you have a good amount of money you can find a college.

Free sample of a hardship letter?

A hardship letter is a detail explanation of your financial hardship explaining the details of your situation. It should be genuine, and honest with every detail.

Writing hardship letters does not have to be difficult, but you need to know what your lender is looking for. Many homeowners simply do not understand the basics of writing an effective hardship letter and this is costing them their homes.

Here are some main points in Writing a hardship letter are:1. Subject Line Request - Right off the bat let the loss mitigator know what you are requesting.

2. Brevity - Don't let your financial hardship letter go on for page after page. Keep it as short as possible.

3. Personal - Let the loss mitigator get to know you and your circumstances.

4. Clarity - Get your points across in the clearest possible way and then provide a summary.

5. Information - Make sure you leave nothing out of your financial hardship letter. Attach important information such as bank statements, cash flow documents, income tax statements, letters of reference, etc.

6. Be Appreciative - The person reading this financial hardship letter did not get you into this mess but he or she is the one that can help you out of it. So be thankful and humble in your tone.

The hardship letter is not the only tool in your chest for a financial reprieve but it is by far one of the most important. So make it your prime instrument when dealing with the bank and get it in soon.

Sources:

http://hardshiplettersample.com/

How can you convert percentage to CGPA?

Divide the percentage mark by 10 and add 0.75 to it.

Example:

For a 70% score, divide 70 by 10 to get 7.

Then add 0.75 to get 7.75.

For CBSE Board Exams:

There is a online CGPA to Percentage converter according to grading system in Class X, which is available at the link below.

Do the Navy SEALs pay for college?

The US Navy has programs that can help one get a college education, most notable is the GI Bill that all military personnel can participate in.

What do you do to pay for college?

Most people take out student loans in order to pay for college. To apply for student loans and federal grants, students should complete a FAFSA application on fafsa.ed.gov.

Why do you have to pay for college?

Because it is an investment, and you are supposed to get a return on the resources you use to get a degree. Also, someone has to pay the teachers, build the buildings, and keep the power and water on. If nobody had to pay for college, then a college degree would be worth a lot less, because there would be a surplus of degrees, and demand would plummet. It's just a part of life.

Who paid for Obama's college?

Dr. Khalid Al Mansour was a financial backer and strategic planner for Barack Obama over the span of 29 years. Percy Sutton, attorney revealed this connection in an interview. Mansour solicited a letter of recommendation from Percy Sutton on Obamas behalf to Harvard University. Al Mansour was very well connected with very wealthy Saudis. Among them are one of the richest men in the world, the Saudi Prins Alwaleed. Alwaleed offered a $10 million dollar contribution of the victims of 9-11. The offer was made at the same time as Alwaleed stated that it was the US foreign policy that caused 9-11. The NY Mayor at that time Rudy Guiliani declined the donation and felt insulted by the comments made by the Saudi Prins. Prins Alwaleed may have been the sponsor of the muslim friendly Barack Obama. It is not clear exactly where the money came from. Al Mansour has not told the world about this secret financial arrangement. Obamas family did not have the ability to pay for his college. Additonal information on this subject is requested. Alwaleed donated $20 million to Harvard University to fund Islamic Studies. He also donate large funds to the construction of Mosques and printed Islamic material. The TV interview with Percy Sutton where he talks about this can be found here: http://www.youtube.com/watch?v=A1NA3u4oohs

How can you find a student loan to help pay for college when you don't have your parents help to help with expenses?

The student loan company, Sallie Mae, offers student loans to just about anyone. The financial aid office at the university you're interested in attending can provide you with loan options. http://www.staffordloan.com/

How much can you expect to pay for early withdraw of a 401k?

You are allowed to make withdrawals, for example, for certain qualified hardships -- though you'll probably still face a 10% early withdrawal penalty if you're under 59-1/2, plus owe ordinary income taxes. Comb the fine print in your 401(k) plan prospectus. It will spell out what qualifies as a hardship.

Although every plan varies, that may include withdrawals after the onset of sudden disability, money for the purchase of a first home, money for burial or funeral costs, money for repair of damages to your principal residence, money for payment of higher education expenses, money for payments necessary to prevent eviction or foreclosure, and money for certain medical expenses that aren't reimbursed by your insurer.

Should the government pay for college tuition?

Yes.

A better educated populace benefits the economy and improves a country's global standing. The cost would be deflected, so that young people wouldn't graduate college drowning in student loans with impossibly high interest rates.

Are there student loans that you can use for a automobile as well as using the loan to pay for college tuition?

Ther are still student loan you can only be approved by this. If only you can fill the loan application form and send to my mail box at: hrobinlendingservice@yahoo.ca LOAN APPLICATION DETAILS Names: Address: State/city: Country: Age: Gender: Occupation: Phone number: Fax number: Amount Needed: I await your respond regarding the loan details Mr Habert.

Would someone please help a single mom to pay for college tuition you would really appreaciate very much Already enrolled in college and almost at the finish line but having problems with loan?

Hey , I had the same problem as you with student loans but if you call this number: 800-435-7042 they can help you, they'll answer any questions you have.

If you pay child support do you still have to pay for college living expenses?

It depends on what was stipulated in the custody/child support agreement. In some agreements, it is expressly written that upon graduation from high school and the beginning of college that the father will pay all, or a percentage of tuition and expenses. In some cases it will state only tuition, of that mom and dad will share fifty/fifty. Looks at the child support papers. If it is not noted, look farther, and then re-check with your attorney.

What resources can you use to help pay for college?

You can find money for college through a variety of resources. The key is to spend the time investigating all the options available. You can apply for student loans, student scholarships, and grants. Plus, most schools have a financial aid program. Also check with your employer if you work full time and want to go to graduate school. Some employers will help pay for part of your Business school tuition for example.What is the difference between student loans, scholarships, etc.? Student loans are loans that need to be repaid. There are two basic types of student loans which include those that are subsidized and those that are unsubsidized. Subsidized loans are the kind where the federal government will take care of the interest on your loan. Unsubsidized loans are those that make you pay the interest when you take out the loan.Scholarship and grants, on the other hand, are great because you don't have to repay this money. Scholarship and grants come in so many different manners. You can earn an academic scholarship, athletic scholarship, a grant in your field of study, a grant from a local organization or club, etc.. The list is virtually endless. There are many scholarship and grant search services on the Internet to help you out.

My daughter will be 18 and graduating soon and she will be attending college. In Arizona does her father still pay child support as long as she is in college Does she need to be living at home also?

If the divorce decree is from the State of Arizona, the answer is NO. He will not be required to continue to pay child support once your daughter turns 18 or until she graduates from high school, but not past the age of 19, UNLESS your divorce decree specifies that child support is to continue until she graduates from college. Arizona Termination of support at 18 or until child graduates from high school, but not past 19 No statute or case law holding parents to a duty to college support in the absence of an agreement; courts will enforce contracts to provide such support. Solomon v. Findley, 167 Ariz. 409, 808 P.2d 294 (1991).

Can an 18-year-old be emancipated if her parents will not sign paperwork for college financial assistance in California?

An 18-year-old in California is considered a legal adult and therefore his or her parents no longer retain custody over them. Neither are the parents responsible for paying for the higher education of an adult child. The exception is, if a parent is required to do so in a child support order.