In 1965 the US
Congress set up the Federal Family Education Student loan Program (FFELP) to
give financial aid to individuals. One area of this loans program is Stafford
student loans which were first planned in order to help students in real
financial need though currently represent in excess of 90% of all Federal
Over time Stafford
student student loans have been refined along with altering scenarios and today
there are two kinds of the financial loan – subsidized and unsubsidized.
For sponsored loans
the U.S government will accept accountability for repaying any sort of interest
which accrues on a loan via the particular date of supply up until the day that
the student has to start repaying the financial loan. In general a student
doesn’t have to provide payments on condition that they stays enrolled in a
course of study that is regarded as a ‘half-time’ or more program as well as
for a period of six months following the end of their course. A student can
still begin to make payments sooner if he / she wants to do this.
Since interest will be
subsidized, student loans are typically exclusively provided in cases of need
and administrators will examine both a pupil’s and the family’s net income when
deciding on whether or not the pupil is approved to get a subsidized Stafford
education student loan. Students are required to submit the Free Application
for Federal Student Aid form that includes specifics of net income and every
student will then be designated a number referred to as Expected Household
Contribution (EFC) worked out using the stated income.
Around two-thirds of
all subsidized Stafford loans are granted to college students along with
parents getting an Adjusted Gross Income of lower than $50,000 per year. An
added … Read more
The nursing profession
in the United States has for some years now been witnessing scarcity of staff.
The retirement of nurses who have come of age is affecting the provision of
adequate care for the aged.
Ironically there is an
advantage in this serious situation for student nurses. In the past 15 years
the basic remuneration for professional nurses has constantly been on the
increase without any sign of slacking. So if you do an online nursing program
and qualify you are sure of an above average pay in the United States.
In view of the above,
the easiest means to commence a vocation in the nursing career is to register
for an online nursing degree program which will enable you to schedule your
course time-table to suit your convenience for the study of your course. You
can complete your program at your own convenience or at the stipulated course
Many distance learning
institutions offer online nursing degree programs. The University of Phoenix
and Walden University are notable for demanding an entry-level degree
qualification, while if you are a registered nurse with an associate’s degree
you may be offered a bachelors degree program.
However, if you decide
to enroll for an online nursing degree program, make sure that the University
of your Choice is accredited and that it has good track record, because many
universities make false claims of offering quality online degree programs. I
say this because most students just jump on the first seemingly good online
institution they come across. Don’t be like that.
Financing of online
education can still be difficult for most students. However, note that you can
get financial assistance from the government or some private loan firms online.
Ask questions from the school authorities, majority of the recognized online … Read more