Monthly Archives: February 2013

FAFSA Frenzy and Free Tax Prep Reminder

Don’t forget about the FAFSA Frenzy and FREE tax preparation this Saturday!

Free tax preparation will be held from from 10:00 a.m. to 4:00 p.m. this Saturday, March 2nd, at the Lybyer Technology Center. Appointments are necessary and are on a first come-first serve basis. Call 255-7255 to schedule and appointment.

The FAFSA Frenzy will be held from 2:00 – 4:00 p.m. this Saturday, March 2nd, at the Lybyer Technology Center. Volunteers will be available to help students complete their FAFSA application. The event is free and no appointment is necessary.

If you have any further questions, call Financial Aid at 255-7242.

FAFSA PIN

Are you ready to fill out your FAFSA form but cannot remember your PIN number? No fear! Retrieving your FAFSA PIN is easy on the Federal Student Aid PIN Web site. Applying for a PIN, requesting a duplicate PIN, and changing your current PIN are just a few of the options the website gives. Please visit the following link for all inquiries regarding your FAFSA PIN:

http://www.pin.ed.gov/PINWebApp/pinindex.jsp

Tight on Cash? We Have Tips to Help You Save Money!

Living the life of a college student often means that you have little money to spare. Thankfully, there are some way to hold on to as much cash as you can.

  • Keep track of all of the money you spend. Small purchases may not seem like much at the time, but they do add up.
  • Be smart with credit cards. Charge only what you can afford to pay each money and limit the number of accounts you have to one or two.
  • Take advantage of student discounts and ask around for special offers. It’s an easy way to lower your cost and often takes no more effort than flashing your school I.D.
  • Avoid rent-to-own stores, pawn shops, and cashing check stores. They may give you instant gratification, but you pay a pretty penny in the long run for doing business with them.
  • Steer clear of using vending machines. Spending $1 a day, every day, during a four-year degree program adds up to $1,461. Yikes!

Subsidized vs. Unsubsidized Stafford Loans

Do you know the difference between a subsidized Stafford student loan and an unsubsidized Stafford student loan?

With a subsidized Stafford loan, the federal government pays the interest on the loan while you’re continuously enrolled in school at least half time. However, the amount of loan money you are awarded depends on the cost of attendance, your expected family contribution, and expected financial assistance.

With an unsubsidized Stafford loan, the interest on the loan will begin accruing immediately after the first disbursement. It will continue to accrue until the principal balance of the loan is paid in full. The amount you are awarded depends on the Cost of Attendance minus the amounts of other financial aid that you are receiving.

To learn more about student loans, visit the Missouri Department of Higher Education website:

http://dhe.mo.gov/ppc/studentloans/