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Home Equity Loans in Financial Aid Packages

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Scan day: 04 February 2014 UTC
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Description: Guide for families utilizing home equity as a part of a student financial aid.
Home equity loans in Financial Aid packages Home equity loans in Financial Aid packages Home Equity Loans in Financial Aid Packages An unfortunate reality is Federal financial aid has not grown in par with rising costs and fees of attending college. Gallup reports Families Digging Deeper to Invest in Rising Cost of College* – In 2009-2010 our own blind study showed 18 percent** of parents utilized home equity loans or HELOC (Home Equity Line Of Credit) to help complete their child’s Financial Aid package. *National Study from Sallie Mae, Gallup can be found at CBS
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