Satisfactory Academic Progress
Did you know in order to be eligible to receive federal student financial aid you must meet and maintain your school’s standards of satisfactory academic progress toward a degree or certificate offered by that institution? In most cases a minimum GPA of 2.0 is required.
To see if you qualify for a federal student loan be [...]
Federal student loan interest capitalization
It took me forever and a day to find the answer to the question of when interest is capitalized on a federal student loan like the Stafford loan.
Capitalization occurs when:
The loan enters repayment
The loan exits deferment
The loan exits forbearance
The loan exits any status in which interest accrues
For the average student, interest will capitalize when the [...]
