FAFSA for Federal Student Aid

The government have a program where students are given the privilege to finish college degree even the financial capacity seems possible for them. It offers some alternative where a student can pay the tuition called Federal student aid. The help is in three kinds including the grants, loans and work-study program. The student must first fill out and finish FAFSA application form. Look here at Fafsa.gov page. Then, he or she will now have the chance to select on the three forms. Decision must be based on what is best for the student’s part.

College Grants are given to qualified students in low family income and middle class who cannot afford to go to college. It does not require paying back.

What are the advantages?

  1. The government can give $2,445 per year for each student.
  2. Colleges may also offer grants to their students to pay for their tuition.

Student Loans are less expensive than those who are offered by private creditors. This is because they have fixed rate through the years that never change.

What are the advantages?

  1. The government will pay for the loan as long as the student is enrolled at the school for those who passed Subsidized Stafford Loan and Federal Perkins Loan.
  2. The loan can help the student build a good credit history.

Work-Study is a program of the government that gives student a part-time work on their selected field.

What are the advantages?

  1. The students can earn money not only for their college tuition but as well as other necessity they have while studying.
  2. It does not reflect a record on your financial aid status so you can always apply for another Federal student financial aid.

After knowing the financial student aid and each benefit, student must now complete FAFSA in ED.gov as the first step into achieving his or her dream.

Scottrade Advantages and Disadvantage

To make people’s money grow, they look for brokers who can buy stocks and shares to raise their funds. You can ask for help with online brokers. They are now easy to find since they took their business online. All you need is one company who will fit your financial competence. One recommendation from the people is the Scottrade. There are many information you can find at Scottrade login page.  To get to know more about this company, read the advantages and disadvantage. In this way, it will help you decide if this online broker is best for you.

The Advantages

  1. Opening deposit and fee is at the lowest rate. The business provides you with the lowest charge of fee which every trader is charge $7 per exchange. Trading may start up only at $500 here in Scottrade.
  2. Good customer service. Considering the firm has numerous office divisions, they have been structure to provide assist to their clients. The help is either calling through telephone or emailing a customer service representative. They actually reply at once aided by the new customers with amazing service plan. For this reason it is usually regarded with most people who would like to put money into stock trading game. It’s due to the customer service.
  3. Lots of investment choices. The business provides number of items that you can actually make an investment for example fixed income securities, joint fund, stock option and a lot more. A person can explore with the rest or get acquainted with them.

The Disadvantage

It does not provide bonus reinvestment plan to clients. This will be the simply disadvantage of the company which it is unable to feature over the members. This is the way where you can get an additional share at low cost. Since it’s not provided while in the firm, if you reinvest, you need to pay $7 again.

 

From the advantages and disadvantage you read, have you decide now? Open your Scottrade account now.