Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [school]

24 questions
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To pay off a student loan, should I save up a lump sum payoff payment or pay extra each month?

I am a new college graduate with a student loan of $17k at 6.8% interest. The monthly minimum payment due is $193. I have been paying the minimum amount, and then taking that same amount and placing it into a savings account. My original idea was…
Mike M
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Do I still need to pay college I owe money to even when they are no longer operating/shutdown?

Few years ago I attended this college in NH, USA. I owed them about $5,000 for courses and housing. Since I couldn't afford to pay for the next semester, I stopped going to that school. About 4 months ago, I got a call from a collection agency…
PassetCronUs
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5 answers

Are personal finance / money management classes taught in high school, anywhere?

It sure seems like something that would be a valuable life skill, akin to Home Ec (or even more important!)... Where I'm from (Peel Region in Ontario Canada), it isn't part of the curriculum.
Nat_Rea
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Student Loan Payment Plan

EDIT: the OUTSTAND_PRIN is the same as PRINCIPAL since I haven't begun paying down yet, but am saving like I am paying until my 6 months is up, just in case i need the extra $3,600 for an emergency beforehand. Here is my situation: all of my student…
DukeLuke
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3 answers

Living with my parents and girlfriend, few filing questions

I'm going to be living with my parents and my girlfriend at my parents' house soon, both of us being full-time students. We wanted to do this so she wouldn't need to pay for a dorm here (NY is notoriously expensive when it comes to these things).…
Pavel Javornik
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2 answers

Buying a condo to attend schools in another district

I live in a area with bad school district. I pay a lot in property tax and I'd like to avoid paying private school for my children when they start in 2 years. The option would be to move to a better district but I like where I live as the house I…
Grasper
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What to do with my inheritance?

I received an inheritance of 120K. So far I paid off our second mortgage. I also paid off all credit card debt. I have 80K left. This is the biggest payout we will likely ever receive. My husband works full time and earns a modest salary. We aren't…
yakers
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Fixed term or variable term for a student loan of 155,000 with the ability to switch between them

Friend is refinancing a student loan of 155,000 - check the details here or as below. Total amount now is about 155,000 now. While refinancing with Common Bond , we are getting the following payment terms. We are trying to decide to go between 10…
pal4life
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1 answer

How to decide which private student loan is right for me?

Money's a bit tight at the moment, and I've exhausted my options for state and federal financial aid (unless I'm mistaken, but that's another story). It was suggested to me that I take out a private student loan, but I have no idea what to look…
JesseTG
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School or retirement?

Currently, I'm working full time while studying to get my degree. I'm making monthly payments on my other debt, and looking to be completely debt free - with the exception of my student loans - within 12 months. However, it looks like I've pretty…
Benjamin Chambers
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Receive Multiple Grants?

Is it possible to receive multiple grants? I was approved for a TAP grant. But is it possible to also get a Pell grant, FSEOG grant, LEAP?
whitewings
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Is it possible to go to graduate school if I have debt?

I already have substantial debt in the form of personal loans ($15k). The student loans only cover the cost of tuition and living expenses, and of course does not cover existing debt. I was offered a fellowship, but it negates the amount they…
In The Red
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Canadian Scholarship in US

I am a graduate student at Cornell University in the US and I receive a scholarship (NSERC) from the government of Canada (~$20,000). Do I declare the scholarship to the US government, Canadian government, or both?
JeffDror
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Federal Perkins Loan is showing up unsubsidized despite not taking any unsubsidized loans

I've been repaying student debt and my university recently sent a loan that I didn't know I had to a collection agency. The loan is listed as a "federal Perkins direct Stafford" loan that is unsubsidized, but I don't remember ever taking an…
Good Shmorning
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How can I pay off tuition fees from a past semester so that I can enrol in school again?

I still owe my tuition fees for a university of California school from fall 2010. I have been out of school since then with two semesters to go before I can graduate. I've been trying to take out a student loan for fall 2010 but the loan…
James
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