Financial Aid Phone Numbers
| CONTACT NAME | PHONE NUMBER |
| Dr. Herm Davis | 301-548-9423 |
| Academic Common Market | 410-260-4500 |
| CollegeBoard CSS Profile | 305-829-9793 |
| Direct Loan Origination Ctr. | 800-848-0979 |
| Direct Loan Consolidation | 800-557-7392 |
| Department of Education FAFSA | 800-433-3243 |
| MD College Tuition Sav. Plan | 888-463-4723 |
| MD Prepaid Tuition Svgs Plan | 410-260-4500 |
| Sandy Spring Bank | 301-774-6400 |
| USED Consolidation | 800-433-3243 |
| Veterans Affairs Benefits | 800-827-1000 |
Loan Consolidation
Federal Student Aid Department of Education
Direct Consolidation Loans
Federal Direct Loan Consolidation Contact Phone Number:
1-800-557-7392
Consolidation News!!
As a reminder, student borrowers can no longer consolidate their loans while they are enrolled in college. Repayment is defined as not beginning until 6 months and one day after the date the student ceases to carry at least one-half the normal full-time academic workload status. Borrowers can apply for a Direct Loan Consolidation or a FFEL Loan Consolidation Stafford, SLS, Federal Perkins, Nursing, Health Education Assistance and PLUS Loans (parent and graduate/professional degree students)) by contacting Direct Consolidation Loans at 1-800-557-7392 or www.loanconsolidation.ed.gov.
Free Calculators
EFC – College Board
fafsa4caster (U.S. Department of Education)
College Cost Calculator – College Board
FinAid! Calculators (Cost, Savings, Needs Analysis, Loan Payments, Loan Default, Budgeting calculators etc.)
Direct Loans Calculator– Federal Direct Loan Budget and Repayment Calculators
US Savings Bonds Calculator
Income Based Repayment (IBR) Plan Calculator
Mortgage Rates, calculators, home loans and refinance rates
Documents
2015-16 Services Renewal Form
2015-16 Newsletter Page 1, 2, 3, 4
PowerPoint Presentation – Navigating College Financial Aid
Scholarship Data Banks
The scholarship databanks listed below are in no way endorsed by or affiliated with Dr. Herm Davis, C.F.A.C.E.S.. The list does, however, serve as a starting guide to begin your search through the many different scholarships available to students. These services are at no cost. Please read each site’s Terms and Conditions carefully before submitting any personal information.
Financial Aid Resource Websites
Free Application for Federal Student Aid – FAFSA Form
US Dept of Education – PIN Site
College Board Profile Application
US Department of Education
DC TAG Program
Maryland State Scholarship Board
U.S. Department of Veterans Affairs
Maryland Prepaid College Trust
Maryland Higher Education Commission Academic Common Market
Selective Service
U.S. Federal Reserve Currency Conversion Chart
U.S. Savings Bonds
Turbotax.Intuit – College Tax Tips for Students
Student and Parent Loan Websites
The Federal and Alternative Loan websites are listed below to assist parents and students, as a starting guide as you begin to explore the different lenders available. Additionally, the lenders are in no way endorsed by or affiliated with Dr. Herm Davis or CFACES.
The NSLDS website reference is for students to enter their data and Department of Education PIN, so they may access their history of Federal Student Loans.
National Student Loan Data System (NSLDS)
Simple Tuition (loan comparison site)
Alternative/private Student Loan Evaluator
Suntrust Bank
Sallie Mae
529 Plans
Is there a Prepaid College Savings Plan for You? See a quick comparison of 14 options to see if there’s a plan that suits your needsBy Kim Clark Posted September 23, 2009
| Prepaid plans open for new investors | Are out of state investors allowed? | Is there a state tax deduction for contributions? | Kind of guarantee |
| University of Alaska College Savings Plan ACT Portfolio | Yes | No; Alaska doesn’t have a state income tax | Fund assets |
| Florida Prepaid College Plans | No | No; Florida doesn’t have a state income tax | State |
| College Illinois! | No | Yes | Legislative |
| Independent 529 Plan | Yes | Yes, in some states | Universities |
| Maryland Prepaid College Trust | Only DC | Yes, up to $2,500/year | Legislative |
| Massachusetts Uplan Prepaid Tuition Program | Yes | No | State |
| Michigan Education Trust | No | Yes | Fund assets |
| Mississippi Prepaid Affordable College Tuition Program | No | Yes | State |
| Nevada Prepaid Tuition Program | Alumni of some Nevada colleges | No; Nevada doesn’t have a state income tax | Fund assets |
| Pennsylvania Guaranteed Savings Plan | No | Yes | Fund assets |
| Tennessee Baccalaureate Education System Trust | No | No; Tennessee doesn’t have a state income tax | Fund assets |
| Texas Tuition Promise Fund | No | No; Texas doesn’t have a state income tax | Universities |
| Virginia Prepaid Education Program | Soldiers stationed in Virginia | Yes, up to $4,000/year | Legislative |
| Washington (state) Guaranteed Education Tuition | No | No; Washington doesn’t have a state income tax | State |
