Stimulus Package and Students?

While helpful to the economy as a whole, the recent $2.2 trillion stimulus package leaves students claimed by their parents to fend for themselves. In this package, it is unfortunate that it will not currently benefit most college students.  So, how does it work? The provisions for coronavirus stimulus checks in the already-passed legislation establish …

Student Loans: Where to start? (Part 3)

If I have loans, where do I find them? There is a number of ways to find where your loans are, but we suggest first to find your federal loans, go to https://nslds.ed.gov/: Click on “Financial Aid Review” -> Accept the terms and conditions -> Log in with your FSA ID (If you don't have …

Student Loans: Do I need one? (Part 2)

When should I consider a loan? First, make sure that you have applied for all the potential free financial aid (scholarships and grants) that you are eligible for: Complete the FAFSA (www.fafsa.ed.gov)Apply for Named (Donor) Scholarships between December 1 and February 1 (www.calvin.edu/go/namedscholarship)If a Michigan resident, file the FAFSA by March 1 in order to …

Student Loans: What are they? (Part 1)

Ever heard of a loan? A loan is money you can borrow that must be repaid once you either a) graduate, or b) are enrolled in college/university less than half time. Loans can help bridge the financial gap left after you receive other types of financial aid. They can be an important resource for investing …

Spring Break: Can I afford it?

Overview Around this time of the year many college students start thinking and dreaming about their spring break destinations. Top places range from Daytona Beach, Fort Lauderdale, or other spots in Florida to Cancun or possibly south Texas or Alabama. We hope to find some place warm, relaxing, and fun after the rough winter and …