Archive for August, 2010

Scholarship Lottery – What Is It?

student loansScholarship Lottery – Ever heard of a lottery that gives away money to students?

For a student in some other countries, this may be new to their ears, but lottery-funded scholarships and lottery giving prizes to aspiring students is already a common thing in the US. One could be a beneficiary of a scholarship fund of a state lottery, or may opt to join the lottery where the winner could get a scholarship grant. Sounds cool, isn’t it? Don’t get these confused with student loans, because they are far from it!

Posted by The Student Loan Guru - August 16, 2010 at 5:41 pm

Categories: College Scholarships   Tags: , , , ,

Student Loan Forgiveness – Some Of Your Options

student adviceWhen you have applied for a student loan, received it, went to college and then graduated but end up finding yourself unable to repay the loan at anytime during the payback period, there are things that you can do to minimize or simply wipe off your debts. This is called student loan forgiveness. Since there are many borrowers who have not paid their debts, this program was designed to give them an option on paying back their debt through social work. Although this is not a total guarantee that your student loan debt will be forgiven, it’s at least one way to pay back your student loans when there are no other options for you.

Posted by The Student Loan Guru - August 2, 2010 at 1:16 pm

Categories: student loan advice   Tags: , , ,