Archive for the 'Finance' Category
financial aid officer
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Most colleges, seeking to fill the gaps created by federal and state programs, offer their own loan programs. Rules vary widely, as some loans are designed for parents, others for students, and still others for both parents and students. Interest rates—usually tied to some index of Treasury securities—also range from very low to quite high, and repayment terms can be strict or lenient. Ask a school’s financial aid officer about specific programs, preferably when your child applies to the school but certainly once he or she is accepted.
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Author: admin
With traditional plans, you pay a fee for the services provided by a doctor or another health care professional and then are reimbursed by an insurance company. Until recently, the premiums have been paid by the employer, though increasingly employees are required to contribute at least part of the premium, usually through automatic payroll deduction. Typically, an insurer will compensate you for 80 percent of a doctor’s charges, and you must cover the other 20 percent. While many companies set a dollar-amount limit—like $1,000 a year—for all employees, others calculate the out-of-pocket maximum as a percentage of each worker’s salary.