The Academic Competitiveness Grant: ACG

Written by Michael Bennet

The Academic Competitiveness Grant, or ACG award, is a federal educational grant that is given on an annual basis for first and second year undergraduate students who may have excelled academically, either in high school, or during their first year of postsecondary study. It was recently created in 2006-07 to encourage students to take challenging […]

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What Is Verification?

Written by Michael Bennet

Verification is the process by which a postsecondary institution confirms the accuracy of the information that is provided from within a student’s FAFSA. Not all students that submit a FAFSA are chosen for verification, while some schools do mandate that all of their students be subjected to the verification process. The FAFSA federal processor selects […]

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Federal Parent PLUS Loans

Written by Michael Bennet

Federal Parent PLUS Loans are essentially federal parent loans that your mother and father can take out in order to fund your higher education. The PLUS Loan is much different than both the Stafford Loan, and the Perkins Loan in that it is based partly on credit, and because it does require a separate application […]

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Getting Financial Aid: An Overview

Written by Michael Bennet

Sometimes getting a Pell Grant just isn’t enough to cover all of your education related expenses when you’re attending an expensive four-year university, and when this is the case you must take into consideration your other options when it comes to financial aid. The good news is that there is an abundance of aid available […]

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Federal Stafford Loans

Written by Michael Bennet

Federal Stafford Loans used to be offered as either part of the FFEL, of Federal Family Education Loan Program, or as part of the William D. Ford Federal Direct Loan Program. Because of the elimination of the FFEL Program as a result of the Health Care and Education Reconciliation Act, beginning July 1, 2010 Stafford […]

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