Learning Library Quick Answers Financial Aid Planning

What are the pitfalls and issues with Qualified Domestic Relations Orders and financial aid?


Scenario: What are the pitfalls and issues with qualified domestic relations orders (QRDOs) and financial aid? Answer: If taxable....

What can I do if don't qualify for need-based aid?


Answer: Scholarships are probably the most popular form of paying for college. After scholarships, you can look into borrowing mon....

What can I do to avoid defaulting on my student loans if I'm now unemployed?


Scenario: I recently became unemployed and I am behind on my student loan payments. Is there anything I can doto prevent defaultin....

What can I expect my monthly payments to be when taking out a PLUS loan?


Answer: Your monthly payment depends on the repayment plan you choose. The minimun monthly payment is $50 for a standard PLUS repa....

What circumstances allow you not to report trusts on the Profile?


Scenario: A client (the mother) is a contingent beneficiary on a testamentary trust. She would only receive funds in the event of ....