Consolidating direct and non direct student loans

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For additional funding, students turn to state-based loans and private loans that are traditionally associated with college-aged 18-24 year olds.Unless a particular student aid program has precise age parameters, adult students and single parents are invited to apply.Your school then uses information drawn from your FAFSA to determine what your on-campus funding needs are.Blending your Expected Family Contribution (EFC) with available student assistance programs, college financial aid offices craft individual packages of aid that address your particular college financing needs.When student loans are used without discretion, student loan debt accumulates at a rate that exceeds some students’ ability to keep pace with repayment.And some private loans feature high interest rates and rigid repayment terms.Economic shifts and the globalization of the workforce have contributed to a re-tooling trend among older students who are engaging in post-secondary education.Adults who are retraining to launch second careers are increasingly recognized by scholarships, grants and loans for single parents returning to college.

If you are juggling kids, a career college courses, you may be eligible for some financial aid that is reserved for working adults and parents.Requesting federal financial aid starts with submitting a standardized form called the Free Application for Federal Student Assistance (FAFSA).The application gathers data about your personal financial picture relating to college, and your and your family’s ability to meet expenses.Use all the resources at your disposal to fund your education, here’s how: Federal student loans are widely tapped resources for college students of all ages.They are affordable, accessible and provide low-interest financing without credit-checks.

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