As a college graduate who had to complete exit counseling, I understand that it can be somewhat trying to satisfy this requirement. The Department of Education has made exit counseling mandatory for every Federal Student Aid (FSA) loan borrower. While it does take some time to complete, it is actually a very valuable tool. You will absolutely benefit from completing exit counseling.
By Ryan Laspina
Senior Specialist, Red Flags and External Reviews
There are no positive outcomes for defaulting on FSA loans. There are, however, a multitude of very serious consequences you could suffer. If you need help to avoid default, please reach out to your loan servicer. They will do everything they can to help you overcome your financial troubles.
By Ryan Laspina
Senior Specialist, Red Flags and External Reviews
Detailing the intricacies of the Clearinghouse is far beyond the scope of this article, but we can take a look at the basic process of how the Clearinghouse completes timely compliance reporting, and how schools aid in this process. The following steps describe their process.
By Ryan Laspina
Senior Specialist, Red Flags and External Reviews
If you are a Federal Student Aid (FSA) loan borrower, communication between you and your loan servicer is of utmost importance. If you have any questions about your loan(s) during your time in school, your loan servicer or an FSA specialist at your school is a great resource.
By Ryan Laspina
Senior Specialist, Red Flags and External Reviews
If you have ever received a Federal Student Aid loan, then you know that you need to fill out a Master Promissory Note (MPN). The function of this note is in its name: it is your promise to pay back your loan principal plus interest. One thing that may not be given as much thought is choosing what references to use on the forms. It is a task that should take some careful analysis.
By Ryan Laspina
Compliance and Default Prevent Specialist at American Public University System
In addition to benefiting your financial intelligence for the rest of your life, financial planning classes will help you understand your rights and responsibilities as an FSA (federal student aid) recipient.
By Ryan Laspina
Compliance and Default Prevent Specialist at American Public University System
Understanding federal student aid (FSA) is not an easy task. It is such an extensive subject and many people can become confused easily. When studying FSA, make sure you use a reliable source so that you know the information is accurate.
By Dr. Terry Simmons In Homeland Security Guest Contributor This is a critical examination of the tragic events unfolding…
By Shalena Gonzales
Financial Aid Specialist, American Public University
The 2013 tax season is here and it is important to take advantage of tax benefits for education.