Monday, October 29, 2012

If a Student Is On a Pell Grant At College and Cheats On A Test, It Ought to Be a Felony

In the summer of 2012 it was revealed that a major Ivy League school, one well known to all, caught some 125 kids cheating on a final exam. Well, this ought to highly upset the taxpayers, as many of those kids are on Pell Grants, or had taken out student loans which are partially guaranteed by the citizens. Further the kids going to Harvard, where this occurred in the class titled; "Introduction to Congress" no less, will perhaps grow up to be important leaders of our civilization and society. So, that's a very scary thought.
One thing which bothers me immensely is that more people are not upset with this, why I ask? Well, perhaps because they all cheated in college too, so, it's customary in their minds I suppose. Maybe it is, but if a kid is on a Federal Scholarship and is caught cheating then that in essence is defrauding the taxpayer, stealing money from you and I as we own the government's debt. So, shouldn't that be a felony? And even if it is a low-level felony, at least it will be fully documented that they are cheaters.
Some say it isn't fair to brand people for life, that we are a society of forgiveness. Yes, maybe so, but any student caught cheating while on a Pell Grant should at minimum owe that money back immediately and be thrown out of school, and their place given to a more deserving soul, who might really need some help and deserves the slot. See that point?
If a student is on a guaranteed student loan, it should be required they pay in full immediately after caught cheating. If they cannot pay, they should be thrown out of school and denied any more loans, or government services for life until paid. If their parents co-signed that loan, we should confiscate their property. Harsh yes, but you know what; we need justice. It is not right that kids are cheating and using our money to do it. Some say it's not the parent's fault. Bull, I say, sure it is, they raised the kids to become cheaters, why should we have to pay?
Worse, if these kids going to Ivy League schools making all the right friends in high places, they will be running corporations, and involved in high level government then why should we have to pay twice when they cheat in the future, when we could have stopped things back then? Please consider all this and think on it.

Monday, October 22, 2012

Selecting the Right Student Loan Repayment Programs

Paying back your college loans can be a daunting task, and except you suddenly come into a large sum of money, student loan repayment programs are the way to go. However, not every program is right for you, and you have to carefully consider the following factors in selecting the right student loan repayment programs for you.
· Your income: This is obviously the most important factor to consider because this is where your loan repayment will come from. The size of your income and the number of sources have to be taken into account. If you have a modest income, a long term repayment plan is better for you. However, long-term plans tend to have greater interest rates. You need to choose the right plan which will serve your interest.
· Your expenses: Closely tied to your income are your expenses. If, for example, you have a family to take care of, your living expenses are likely to be more than those of another person without any dependants. Your family size is also a factor to consider. The volume of your expenses determines how much you actually have to pay back your loan. You also have to decide which of your expenses can be put on hold and which ones cannot.
· Interest rate: The interest on your loan is an important factor. While a low-interest program would be the obvious choice, it has its own drawbacks, such as a shorter tenor and may place a greater burden on you. As mentioned above, long-term plans tend to have higher interest rates, barring other circumstances.
· Flexibility: Your income, living expenses and family size are likely not going to remain the same, so you need a plan that will adjust the amount you pay with time. You also need to find out if there are provisions for forbearance or deferment, just in case you need to take these options.
· Duration of repayment plan: No one likes to have a debt hanging on his neck for an interminable period of time, but choosing a short-term plan simply because you want to get it "over and done with" without a careful consideration of all factors involved could land you in trouble.
· Availability of debt forgiveness or cancellation: Some repayment plans have certain conditions under which your student loan debt may be forgiven or cancelled, but you might have to pay taxes on the amount forgiven or cancelled.

Sunday, October 14, 2012

How To Avail Of The Student Disability Allowance

The Student Disability Allowance is the financial assistance that is available for individuals who have disabilities and wish to get higher education. Majority of the disabled individuals do not get to finish school because of their special needs. In order for them to attend school, they need special equipment or assistance and these things cost money. If they avail of the Student Disability Allowance then they will be able to pay for the equipment that is necessary for their special needs.
The Student Disability Allowance is available to everyone with any form of disability. Disabilities come in many forms aside from the physical. There are mental as well as learning disabilities which are both qualified to apply for the disability student allowance. There is no limit on the number of individuals who can apply for the student financial assistance so anybody with a disability is welcome to submit their application.
The Disability Student Allowance can be used to pay for all the expenses that your education requires, after your application is approved and the money is released. Aside from the tuition, the money can be used to pay for your other needs as a student with disabilities. If you have a hearing disability then you can use the money from the student assistance to hire someone to take notes for you while you are in class. If you have vision problems then you can use the money from the Student Disability Allowance to pay for special computer programs and reading aids to help you in your studies. These equipments will make it easier for you to cope with the learning environment of any university. Students with disabilities have special needs to help them finish their education and these equipments can be very costly. If you avail of the financial assistance from the Student Disability Allowance then you can afford to buy whatever equipments you need to make it easier for you to finish your education.
This financial assistance is only available for individuals with disabilities who wish to finish their studies. You can either use the money to study full time or just part time. If you wish to pursue higher education then you can use the money from the student allowance to finish your post graduate studies. It is easy to find a school that you can attend because most schools have education programs for individuals with disabilities. It is still best to inquire from several universities to determine which one will be most capable of meeting your needs as a student with disabilities.

Sunday, October 7, 2012

How You Can Benefit From The Student Disability Allowance

The Student Disability Allowance is a program that aims to help students with disabilities attain higher education. If you are a student with disabilities, the program can provide you with financial assistance as well as the necessary equipment to complete your education.
This program benefits students with various forms of disabilities. The most common disabilities are the physical ones but there are also other types such as the mental and the learning disabilities. All these types of disabilities make it difficult for a person to learn in a regular school environment. If you have any form of disability then you need special equipment as well as the financial assistance to be able to complete your education. These will be provided for you after you have competed and passed the assessment process.
If you have a learning disability such as dyslexia then you can benefit from the student disability allowance. You will be given financial assistance to provide all of your needs for your education. The funds from the program can help cover for the expenses of hiring a tutor, translator or any form of equipment that you may need for your education. If you qualify for the financial assistance then you may also use it in any way that you think is necessary for you to be able to study in a manner that is comfortable and convenient for you as a disabled person.
With the help of the student allowance, you will have the privilege to attend school just like the other students with no learning or physical disabilities. You have the option to use the funds to study part-time or full-time. You can even use the student allowance to pursue your post graduate studies and further your education. If you have a need to spend on travel expenses then the student allowance can also be used to cover the cost for that. Another way to use the funds is for the purchase of equipments to aid your studies such as computers, software programs for those with disabilities or recorders.
If your disability gives you the need to have someone to interpret sign language or take notes for you then you can use the student allowance from the program to hire someone for these types of services to help you in your studies. The money can also be spent on other student needs such as books, supplementary reading materials, internet connection as well as the school supplies that you need for your studies. In order to have access to these funds, you need to provide proof of your disability.

Monday, October 1, 2012

What It Takes To Be A Financial Advisor

When you gain the interest to become a financial advisor, it is advisable to do a lot of research and readings. Taking that initial step is not a picnic in a park since having a bachelors' degree is not enough to make it in this financial advice industry. If you want to be the best, you need to be dedicated and have to devote a lot of time to studying. Other countries consider it as a big achievement if you have a job in the field of finance. It is even possible to earn as much as 120,000 dollars. If you have plans of being part of one of the most rewarding professions nowadays, take into consideration some of the things you need to learn and follow.
If you have desires of entering the world of financial advising, it will help you to have a bachelors' degree either in finance, economics, accounting, management, and the like. This is the basic requirement if you have plans on pursuing this type of profession. However, if you want to be a seasoned expert, it will be most advantageous to also have a masters' degree. If you decide to specialise in specific areas in the field of finance, you can study a particular licensing program and take the appropriate licensure exam. Should you decide to undertake insurance planning and insurance selling, you can also take additional state licenses.
There are voluntary certification programs such as the Certified Financial Planner designation for those who are interested in acquiring knowledge and training in the field. It will benefit you to look for one since there are companies that provide these licensure training alternatives. It will be to your advantage to end up with such a company since you will be able to obtain a certification or license and immediate training all at once. It is advisable to enter a banking institution as these can also assist you in jumpstarting your career in the field of finance. Other than earning a high salary and obtaining a lot of benefits by working as an advisor or working in a bank institution, you will also be trained on how to deal with clients correctly.
This is important in the field of finance since you will face various personality types. You will also be trained on wealth management. You can either use this to your advantage, or assist your clients in managing their finances. If you really want to pursue a financial career, just have the right mix of devotion, knowledge and skills.