Title: FAP915: FAFSA, GI Bill, Scholarship Points, Mail Bag, Free Stuff

" New fast -- new veterans benefits knew everything on this week's financially podcast episode 915."

" Financially but -- publication of the student. Didn't he stop by the web site. Actually podcast dot com news conference on the blogs and subscribe. ITunes into music by Charlie -- biggest home run some."

" Good Friday June 26 2009 my name is Chris repent and thank you for tuning into the financially podcast got a great show -- today filled with all sorts of free stuff. Some Milbank things also some news about financial aid as the world's changing rapidly around us -- the course of free music at the end so let's get rolling. With the weekly financial -- round up. Topic and is this weekend what a week the secretary of education Arne Duncan revealed some of the upcoming changes to the -- the financially if one that the millions of college students fill out an action millions more don't because it's just -- really long form. From its entire dot com in part because of the fences multiple pages and scores of questions seeking personal and financial information about students and their families. Many policy experts believe that hundreds of thousands possibly millions of students for -- millions of dollars in financial aid every year. The Education Department making several changes immediately that don't require congressional approval this summer. The department will allow students who are married or independent to skip questions completely about their parents which is good and obvious in January. The department will stop requiring students with low incomes to answer questions about the financial assets just logically they would have any. And only returning students will answer questions about. Prior drug convictions since the question does not effect first your students. Department officials said they'll work closely with state officials to set up the phone to make it easy to answer questions the State's deep. But federal government does not. January will also mark the start of the department's test of the system to allow students who apply for aid for the spring when he -- semester. To retrieve relevant tax information from the IRS to help them complete the -- up. This is a really big deal because it would it comes to the fast so one of the things people get wrong consistently is all the tax data questions in what form off the 1040 should be using some. This is a really really really big deal and I'm excited to seek it insofar as you can be excited about the government for these changes happening. So hopefully the -- to -- well and then they'll be open up to everybody for all forms financially it will drastically reduce -- at a time. It takes for you to fill out here -- which is great and who knows -- on my dot com might give it to you really really short website. Also in the news this week from the Department of Defense. They announced this week that the the educational benefits to the spouses and children of service members has a policy now for the post 9/11 Shiite village to expect. August 1 2009. Career service members on active duty awards like the reserves and who are eligible for the post nine elevenths GI bill. May be entitled to transfer all of portion of their educational entitlement to one or more family members. To be eligible service members must have been in the armed forces for at least six years of agreed to serve four more years from the date of the election to transfer service members -- at least ten years of service. Can transfer the Memphis just right away. Service members may be eligible if they served at least ninety act -- days on active duty honor after September 11 2001. And honorably discharged as is great news. For our military families as these transferable benefits and make college free. For some kids currently struggling especially you know news to you for the military folks aren't real moving around a laden to -- have a lot of money saved up. The way to take advantage of these you going to need to contact you VA office of the veterans administration is administering this program. So I contacted -- officer and fewer in the military if you know someone who is the military. And they can kick you square -- it's what benefits eligible for in any additional obligations you may incur. Time now for a scholarship update. Industry scholarship update a couple of things number one actually three things are going to have the scholarship points cult leader on the show stay tuned for that number two. Getting ready to start and stamping scholarship points dot com our free scholarship program on lines of you a member. Hop onto the FaceBook group and that is a discussion that started there and -- give me ideas just what did she want to see. In scholarship points what it has that they currently don't like what things you want to see more up. Obviously want the that we all want more scholarship opportunities more points opportunities but beyond the obvious stuff what things are working well what things not working well want to know want to hear your take. And these this threat on FaceBook and FaceBook group for about that we're gonna go Paul Seth -- at number two. But scholarship seekers and into an end user it's like you're going to love Microsoft's new campaign create your own Internet PSA can you -- and affliction -- problem -- into an explorer eight consult can you create a really fun acronym for set affliction. You're halfway there just -- your own public service announcement and you'll be entered for a chance to win a 2500 dollar scholarship from Microsoft. -- If you technology person that was really funny cannot technology person or about it and finally number three. These student loan network at 10000 dollars scholarship is drawing at the end of July July 31 2009 you must be an active member of scholarship points dot com. To participate so make sure you're signed up for free. Over its gosh appoints dot com time now for the Milbank."

" Okay."

" Opening of the mail that we had no show last Friday due to travel but I want take some time answer the now back. And get all that's a title from last weekend this week. Terrell rights and I just read your e-book on finding scholarships available students' constitutional outcome. My son is finishing his sophomore year in high school is really appropriate to apply for scholarships now when he hasn't even applied yet culture doesn't know -- going. I didn't realize it ordered awarded scholarships to young students yes Carol. Even the Scottish -- necessarily open it's a great idea to identify the ones he is or will be eligible for now that said there are plenty of scholarships. Four as early as fourth grade. You see a lot from high school for middle school. Try to procedures in the book searching for -- specific scholarships around his interests that are not restricted to a school. See how they were put them. Maryland writes and I am a -- to this is lots -- two girls in school I really appreciate your insight first off my girls have staff the most since 2005 and they're going to grad school should they be contacting. The department education for lower rates secondly for this past year 20082009. Have a -- at eight point 5%. And to start paying -- it is possible to get that reduced my daughter setting vet school I can't find many scholarships. Any ideas -- 35000 dollars a year. Okay Maryland the girls are going to grad school they will automatically get -- Stafford loan rates as long as loans are certified no need to where Democrats who wants -- this is automatic thing. The existing loans are either variable rate for the 2005 once and the first half of 2006. Which Ottawa just and the ones after that a fixed rate based on the -- at the time of disbursement. Now for plus loan rates he had knockoff the court appoint you as your point 25% if you consolidate the -- on because there's a a -- maximum statutory rate of eight point 25% on student loan consolidation beyond that. There aren't any rate reductions available at least for now -- government succeeds in eliminating the federal student loan companies as the president has declared. If I won't ever be any B productions ever again period for these staff for -- that they can consolidate their older ones undergraduate once together. And possibly get any lower rate that way as a -- scholarships. Veteran and a better school scholarships go to student scholarship search dot com grab the free e-book. That will be walking through all the such need to take define those particular scholarships. Jason writes -- a taste of CS courses that Georgia State University post baccalaureate to increase my chances of admission to a CS graduate program. And to ease the transition back to school my question for you as one of the best if any scholarship opportunities for post backs do such as myself okay Jason. Good question again have you gotten the e-book. And should think in number two have you checked Jesse is safe for post back awards. If you go to Google and type in post baccalaureate scholarships site colon GSU dot edu will tell you and post back scholarships specifically on GAC's website. And the last I checked the look at there -- 45 C wanted to resupply for those of course to apply for any others you happen to find along the way as well. That's Milbank for this week let's move on to free stuff Friday. -- it's freestyle Friday as always to remind -- number one everything is in the showed us financially podcast dot cops they don't need to scramble write things down just. Go to the website to finance a podcast dot com for links everything in this segment and number two. Again to free stuff challenge if you hear about something that is useful -- but -- someone you know or you could be useful to someone you know. Or you community please go out and grab the free stuff and then donated shared given away. One of the best things you could do was particularly with any of the food items and stuff is a grabbed the free stuff and donated to local shelter all of us hope local -- something it doesn't cost you a dime and we'll help you communities so. Let's get -- first off we have a coupon for free cup of coffee add borders bookshop sentences they're giving away you'll camping thing. You'll play has been called you'll play whips I have no idea what they are but then something yogurt related I -- but there's a free sample of them. Tasters choice has a new instant coffee product -- coffee stick. He's yet how game that the industry. -- Seventeen Magazine a given way flip flops 3000 pairs of flip flops if you want whenever. This particular brand is those are free as well. Whole bunch of free magazines we we have digital photo pro magazine HD video pro magazine. And Kaplan just personal finance magazine it definitely suggest anyone listen to financially podcast grabbed a free subscription Keppinger just. -- is a pretty good finance magazine for personal finance and the other two of course as needed. By the way this is a career tip that booed off topic here. It's a good idea to -- via free trade magazines like these especially if it's gonna be in the industry that you want to work -- because it gives you an insight as to what's going on what's hot in that industry. And at these things are all ad supported so -- magazines have little bulky because of it but. It's worth trying to grab hold of these if you happen to have in his senate career in the field and industry and that you want to learn what's going on what's on people's minds. Great thing to -- could -- you know the couple months before you start interviewing for jobs that we would you go for an interview you know. What's on people's minds you know what's hot in the industry. And you can happily informed discussion with the year and interview -- Finally read and is giving way at ten thousands blond haired -- you samples -- that's called the red contend thousand blondes and I'll reserve any further comment on that. Of course the student loan network 10000 dollar scholarship go to student loan network dot com slash ten K to apply to win or just be a member of scholarship points dot com. That's freestyle Friday for the week let's move on to the free song Louis this -- for Whitney Steele. -- longtime friend end of the show this is called last love."

" Yeah. And me means more. And yeah. I. -- Are still all right here. -- Okay. We're. -- Okay. Very easy. And none is only need came. Okay. No. -- Okay. Bowl."

" That was last loved by Whitney's steal from the policy for music and or do you find her stuff at -- steel dot com let's deal with three easy in the name. If you have any comments or questions feedback of any kind of love to hear from you I didn't do the show us financially podcast gmail.com leave a comment right on the website financially podcast dot com. We can call day I shall call -- number 6176063661. And leave a message there as well I'll play on the shelf. But a happy answer questions be sure to check out our financial reforms as well financially -- dot com. That will give you all sorts of insights is what your fellow students and parents -- emergent bears are all trying to figure out what it comes to be crazy. And rapidly changing world financial needs and make sure you check that out as well financially forum. Dot com. That's going to do it for this week's episode thank you for listening please tell friend about the financially podcast we've had a big spike in subscribers. We are now almost five 4000 listeners. Her show up heard Danny equipment feedburner which works at like it's like a fifteen or twenty to 30000 listeners per episode so. Please tell folks about the show help they get them connected you've been to the website you know where it is helping Pete gets subscribed to the show start listening to it oh. Almost forgot the the scholarship points consulates -- 4678. GB. -- for 678. GB isn't a golf. Well gulf brothel for 678 GB is the start of what's -- Ford twenty scholarship points for this episode. Hole in the Arab thing I keep forgetting stuff scholarship points we're gonna be changing the refer a friend of bonus from twenty points out her friend the effort to thirty points beat giving. Very facing -- want to encourage a lot of people to sign up and trying to win the -- has this to -- or ten K we also want to reward existing members who were referring friends for. Doing so obviously some. We're going to be increasing the bonus -- different rolls by 50%. For twenty points to thirty points and make sure you take advantage of that at scholarship points dot com. That's going to do it for this week thank you for tuning in and I'll talk to Mexico on the financial aid podcast."