Armstrong $mentor

PFC is a student organization at Armstrong that strives to teach financial literacy. Also, PFC is a state-recognized volunteer program that offers scholarships.

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MAKE SURE YOU FILL OUT YOUR FASFA FOR 2014-2015

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want money?? come to our money management event this Thursday! refreshments provided

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please make it out to this essential event for all college students

[Armstrong $mentor @PFC_Armstrong]

Students may enter for a chance to receive one of our monthly $500 scholarship awards. http://t.co/hdpkJzPL2h

[Armstrong $mentor @PFC_Armstrong]

learn how you should really utilize your refund check at our next program Feb 27 and a chance to get a $2,500 check!

[Armstrong $mentor @PFC_Armstrong]

learn about these four simple and easy scholarships for undergrad students in the link below.
http://t.co/52v23WV9aT

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Welcome back all! This is an exciting semester for PFC. We were awarded a grant to pay our volunteers (we are currently taking applications)

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Study hard to keep your GPA above a 3.0 and keep the hope scholarship

[Armstrong $mentor @PFC_Armstrong]

come out next Thursday for PFC's scholarship forum, also enjoy the free food and prizes.

[Armstrong $mentor @PFC_Armstrong]

#28 The majority of borrowers still paying back their loans are in their 30s or older.

[Armstrong $mentor @PFC_Armstrong]

#24 Student loans are the most common form of increasing debt among 18- to 24-year-olds.

[Armstrong $mentor @PFC_Armstrong]

#26
Fiction: Part-time students can't get aid.
Fact: Part-time students can receive financial aid, the amount awarded might be less.

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#25
Fiction: financial aid automatically transfer schools.
Fact: Financial aid may follow you, but you need to take care of some paperwork.

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#24
Fiction: My parents make too much money to get aid.
Fact: Expected Family Contribution(EFC) alone doesn't determine fin. aid eligibility

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#23 As of Oct. 2012, the average student loan debt for the class of 2011 was $26,600

[Armstrong $mentor @PFC_Armstrong]

#22 It's not just the young.
15.5% of outstanding student loan balances are held by Americans ages 50 to 59 & 4.2% are held by those over 60

[Armstrong $mentor @PFC_Armstrong]

#21 Drowning in debt.
10% of recent graduates of four-year colleges have monthly student loan payments that exceed 25% of their income.

[Armstrong $mentor @PFC_Armstrong]

#20 about $67 billion of defaulted student loans. As a result the Education Department has started hiring private debt-collection companies.

[Armstrong $mentor @PFC_Armstrong]

1. Grad students can no longer receive subsidized loans.
They can still receive unsubsidized federal loans, but responsible for interest.

[Armstrong $mentor @PFC_Armstrong]

#18 The government doesn't pick who gets aid. The FAFSA is completed and submitted to a central processor determining your aid availability.