Finance

Financial Aid for Students: Do you have to pay as a loan or is it free?

Published

2 years ago

May 20, 2023

Financial Aid for Students: Do you have to pay as a loan or is it free?

Heading to college in the United States of America can be a very expensive undertaking and it is a system that increasingly favours those from wealthy backgrounds rather than those who have grown up in more modest surroundings.

This is why for those who know they will struggle to either support themselves or cannot receive help from family members, it is crucial to make use of any government funding that is available.

The most simple way is to apply to the Free Application for Federal Student Aid (FAFSA). This is the most commonly used and standard way to receive additional funding whilst at college which can go towards tuition fees, books, living costs and other expenditures.

Do you have to pay FAFSA back?

One of the major benefits of being accepted for FAFSA funding is that what you receive is simply a payment, rather than a loan. You do not need to pay back what you receive, meaning you aren’t saddling yourself with additional debt to work off in adult life.

That is the case for the standard form of FAFSA funding but there are also other types which can be earned through work, and one type that does have to be repaid.

Many do not entertain the idea of applying for financial aid for college because they think they make too much money to qualify. But regardless of family earnings, they may be eligible for some form of financial assistance, including federal, state, and school-based aid and merit-based scholarships.

To determine a family’s financial need, the FAFSA asks a series of questions about the parents’ and student’s income and assets as well as other factors, such as how many children there are in the family. It then comes up with an Expected Family Contribution (EFC).

Related Topics:Agency_SAM en/lifestyle/us-news/personal-finance FAFSA - English

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Finance

What to Expect in 2025 – Structured Finance | Insights | Mayer Brown

Published

4 hours ago

January 4, 2025

Press Room

What to Expect in 2025 – Structured Finance | Insights | Mayer Brown

This highly anticipated in person only event will feature expert insights and actionable strategies to help you navigate the shifting landscape and capitalize on emerging trends in the year ahead.

The Agenda will include:

US Government Policy Updates and Geopolitical Risks
Consumer, Insurance Bank and other Regulatory Updates
CLOs and CFOs
Capital Relief Trade
Capital Call Lines and Joint Ventures
Trade Receivables
Cryptocurrencies, Emerging Asset Classes, Vertical Integration and Tax
SEC updates and much more

CLE credit is pending.

View Agenda

For additional information or to register, please contact Jeanette Ponce at jponce@mayerbrown.com or +1 212 506 2484.

Finance

Stocks rise, S&P 500 set to break losing streak: Yahoo Finance

Published

13 hours ago

January 3, 2025

Press Room

Stocks rise, S&P 500 set to break losing streak: Yahoo Finance

The S&P 500 is set to end its 5-day streak of losses. The major indexes (^DJI,^GSPC, ^IXIC) are all trading higher thanks to big-name tech stocks like Nvidia (NVDA) and Tesla (TSLA). One stock that is trading lower is US Steel (X), which fell sharply after President Biden announced he will block Nippon Steel’s (NPSCY) purchase of the company. Other trending tickers on Yahoo Finance today include Rivian Automotive (RIVN), Adobe (ADBE), and Oklo (OKLO).

Key guests include:
3:05 p.m. ET – Ahmed Riesgo, Insigneo Chief Investment Officer
3:15 p.m. ET – Brian Gardner, Stifel Chief Washington Policy Strategist
4:00 p.m. ET – David Miller, Catalyst Funds Co-Founder, Chief Investment Officer and Senior Portfolio Manager
4:35 p.m. ET – Rachel Tipograph, MikMak, founder and CEO

Finance

Tesla to Announce Q4 2024 Financial Results on January 29, 2025

Published

23 hours ago

January 3, 2025

Press Room

Tesla to Announce Q4 2024 Financial Results on January 29, 2025

Tesla (NASDAQ:TSLA) is planning to report its Q4 2024 results displaying their net income and cash flow of the business’s profitability and financial position on January 29, 2025 after market close.

Tesla experienced different stock price fluctuations, as market responses, between 9% and 22% within one day after releasing the results.

Tesla to Announce Q4 2024 Financial Results on January 29, 2025

Tesla’s management will also give their 2025 guidance such as production, models, technology including Full Self-Driving (FSD).

The one-year price targets for Tesla given by 45 analysts are USD 278.47 at the average while ranging from as high as USD 515.00 and the lowest at USD 24.86. The average target is -26.58% from the current price at $379.28.

GuruFocus calculates the GF Value for Tesla one year ahead to be at $298.99 which indicates the stock to be overvalued -21.17% from the current price $379.28.

You can make more informed investment decision by visiting GuruFocus now and deep dive into Tesla’s performance with charts, breakdowns, 30-year financial data, and more!

This article first appeared on GuruFocus.