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Student Loans

Student Loans. The Comics of a Debt Revolution. What are Student Loans? Loan Terminology Types of Loan FAFSA Student Loan Database Repayment Options. LOAN AGENDA. Student loans are monies borrowed from the government and other entities to pay for educational expenses which include:

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Student Loans

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  1. Student Loans The Comics of a Debt Revolution

  2. What are Student Loans? Loan Terminology Types of Loan FAFSA Student Loan Database Repayment Options LOAN AGENDA

  3. Student loans are monies borrowed from the government and other entities to pay for educational expenses which include: 1)Tuition 2) Room & Board 3) Books & Supplies 4) Fees (parking, online charges) 5) Equipment and Room Materials (laptop) 6) Travel and Miscellaneous Expenses (clothing and phone) Student Loans: Simply Stated

  4. Loan Terminology:

  5. WOW!

  6. Types of Loans

  7. fafsa.ed.gov What you need: • Income tax return • Drivers license • SSN Number • W-2’s • FAFSA is free, do not pay! FAFSA:The purpose of FAFSAis to determine how much aid a student is eligible for.

  8. Provides personalized information regarding your: • Loan Type • Loan Disbursement schedule • Loan disbursement location • Principle Balances • Interest Accrued to Date • Loan Eligibility as a Percentage • Contact info for Lenders • Grant Disbursement http://www.nslds.ed.gov/nslds_SA/ National Student Loan Data System:

  9. These apply to Federal Student Loans only!Repayment Options:

  10. Don’t become the Class of IOU’s!!!

  11. Learning Assistance Programs (573)-651-2273 Student Financial Services (573) 651-2253 Financial Literacy Project (573) 651-2861 Questions? Don’t Wait!

  12. Thank you for viewing Student Loans, The Comics of a Debt Revolution Please take the time to submit a brief survey about this presentation: https://www.surveymonkey.com/s/onlinecssfall2012 We appreciate your honest feedback and suggestions!

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