THURSDAY, AUGUST 16, 2012
THE UNIVERSITY DAILY KANSAN
10
PAGE 44
THURSDAY, AUGUST 16, 2012
FINANCE
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FEDERAL STUDENT AID
THE UNIVERSITY DAILY KANSAN
Stu
Testis and Resources
Financial Awareness Counseling
Your Student Loans
STUDENT, as of today you owe: $7,592
You are responsible for repaying all loans you receive, even if you do not graduate!
Subsidized Loans $5,500
Unsubsidized Loans $2,092
Additional Loans $0
Add Loan The listing above does not include your private student loans and may not reflect all your federal student loans. You may add any student loans not listed.
Check Your Knowledge
As of today, how much do you owe in student loans?
Check Answer
Jump Bac Your Student Loans Loan Basics Free Money First Types of Student Loans
Online tool helps students figure out how to handle loans
Student loan statements may seem like a hodgepodge of interest and principal numbers, but the U.S. Department of Education has launched a tool to help students manage loan debt.
Known as the Financial Awareness Counseling Tool, the online interactive website provides tutorials and resources on topics like FAFSA, loans and aid programs.
U. S. Secretary of Education Arne Duncan said in a news release that managing student loan debt is difficult and not easy to understand, which is why the Obama Administration has worked to find a way to not only educate students and parents, but also assist them along the way with the interactive site.
"This new tool will help bring
new transparency to the process of debt management on the front end and empower students to keep their school loan payments on track and on time after graduation," Duncan said.
-Roya Ibrahimi
Students can get to the site by going to http://studentloans.gov.
The Obama Administration will continue to enhance the site by releasing a model financial aid shopping sheet, which can help students keep track of scholarship, grant and loan money.
"We'RE HERE to make college easier."
Well, maybe just your banking.
At Commerce Bank, we're working behind the scenes to save you some time ... and a little money, too. A KU Checking Account helps you:
- Bank online and on your phone
- Get email alerts to keep track of your account
- Use any Commerce ATM without fees
Use your KU Card to access your Commerce account. It's a whole lot easier than a pop quiz.
We ask, listen and solve.
Commerce Bank
commercebank.com/kucard / 785.864.5846
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