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College Admissions Glossary of Terms

Admissions Village

Private Colleges: Independent postsecondary institutions not substantially funded by the government. Public Colleges: Government-funded postsecondary institutions that generally offer lower tuition rates to state residents. This can include grants, scholarships, loans, and work-study programs.

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Report: Education Dept. Illegally Took Wages From Student Loan Borrowers

BestColleges

Wage garnishments are withheld wages from loan borrowers who have defaulted. Department of Education (ED) had collected wages from student loan borrowers after it was illegal to do so. According to the report, when a student loan borrower falls 270 days behind on repaying debt, they enter into default.

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Navigating Financial Aid Letters: Making Sense of College Offers

Georgia Tech Admissions Blog

Federal Student Loans : Georgia Tech and most colleges in the United States participate in the Direct Loan Program. This allows students to borrow money from the Federal Government at a lower interest rate compared to other loans. Remember, loans are money that you will need to pay back! My letters are in.

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Wake Forest University 

Ivy Central

Academic Focus Area Applied Science, Technology, & Engineering Business Education Humanities Interdisciplinary Studies Life & Health Sciences Mathematical & Physical Sciences Ministerial, Spiritual, & Theological Studies Social & Behavioral Sciences Visual & Performing Arts World Languages & Cultures Most Popular Majors (..)

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Biden Defines Student Debt Forgiveness for Borrowers ‘Experiencing Hardship’

BestColleges

.” The plan would offer debt relief to borrowers with an 80% chance or higher to default on their loans soon. ” ED this week met with higher education stakeholders to discuss potential relief for this group of student loan borrowers. It also promises to create an application process for ongoing debt forgiveness.

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Fundamentals of Financial Aid for 2024

Admissions.Blog

Students with significant financial need may receive need-based aid in the form of grants, scholarships, work-study programs, and subsidized loans. Department of Education to determine a student’s eligibility for various types of financial aid, including grants, scholarships, work-study programs, and federal student loans.

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How to Pay for College: 10 Ways to Get By

AdmissionSight

citizens and permanent residents can qualify for unsubsidized federal student loans and parent loans by filling out the FAFSA, as long as they’re enrolled at least half-time. It’s best to start with federal student loans since they typically come with lower costs and better repayment options than private loans or parent loans.