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Sunday, July 29, 2007

NextStudent Helps College Students Formulate College Funding Strategy

By now, college students across the country have had ample opportunity to enjoy their summer vacation, and their break from school soon will be drawing to a close. Now is the ideal time to consider more serious matters like how students will plan for their next year of education, according to NextStudent, a leading Phoenix-based education funding company.
Alternately, for many high school seniors, perhaps the joy of being accepted at their college of choice has faded, only to be replaced by confusion on how best to proceed with funding for their first year of school. It is time for students to dig out the award letters they may have received months ago and begin preparing to finance their fall semester.
Personalized Attention Helps Solidify Plan
Since college award letters often are a little confusing and sometimes can be a challenge to understand and interpret correctly, NextStudent takes pride in helping students and their parents clarify and understand their financial picture so they can formulate the best funding strategy to finance their college education.
When contacting NextStudent, students are assigned their own personal Education Finance Advisor who will walk them through the college funding process from start to finish in a simple, straightforward manner. This personalized attention helps take the guesswork out of college financial aid and frequently results in peace of mind for many students and their parents once they have a better grasp of their financial picture, options, and best way to proceed.
Accurate Understanding Clarifies Best Options
Students and their parents can rest easy knowing that they are in good hands when working with NextStudent. Since many do not know where to turn or how best to proceed, students may be educated with respect to the actual cost of attending their college; the need-based aid for which they qualify such as subsidized Stafford Loans and federal non-need-based student loans; and the possible out-of-pocket funds needed to attend college.
A common mistake occurs when students and their parents believe that they do not qualify for any federal student aid. In many cases, it is not that students do not qualify for ANY federal aid at all, but rather that they do not qualify for SUBSIDIZED federal aid such as a subsidized Stafford Loan. Instead, they may qualify for an UNSUBSIDIZED
Federal Stafford Loan. This is the type of scenario that a NextStudent Education Finance Advisor is equipped to handle. A personal Education Finance Advisor will answer any questions students have, advise them on the best options to pursue, and assist them in formulating the strategy that best suits their needs.
Different Awards, Different Needs
Other common types of financial aid include Parent Loans for Undergraduate Students (PLUS Loans) and
Private Student Loans. Regardless of what type of federal aid for which a student qualifies and regardless of the perceived financial challenge, chances are NextStudent can help.
Since the fall semester is just around the corner, students who wish to get a jump on putting together their funding package for school may want to contact NextStudent at their first opportunity. NextStudent believes that getting an education is the best investment you can make, and it is dedicated to helping you pursue your education dreams by making college funding simple. Learn more about
Student Loans at http://www.nextstudent.com/.

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