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A school business manager (SBM), sometimes known as a school business leader (SBL) or bursar, is a senior member of non-teaching staff responsible for managing non-teaching activity in a school. This position exists in schools in the United Kingdom, but not in most public schools in the United States.
A bursar (derived from bursa, Latin for 'purse') is a professional administrator in a school or university often with a predominantly financial role. In the United States , bursars usually hold office only at the level of higher education (two-year and four-year colleges and universities) or at private secondary schools.
Federal parent loans are a federally funded loan option if the student is dependent on his or her parents. Parent loans allow parents to take out student loans, the repayment of which will be their responsibility. The parents use these loans to pay for educational expenses on behalf of the student. For undergraduate students, there is the ...
Federal student loans also offer a number of protections that private student loans don't, like income-based repayment plans and forbearance or deferment when financial circumstances warrant it.
These loans place the debt in the parent’s name, with the liability on them. The terms of the loan are clear from the start, and this may work well if all goes as planned.
Parent Plus loans -- also known as a Direct PLUS Loan -- are issued by the federal government and let parents of dependent students borrow funds to help pay for a student's college or career ...
Direct PLUS Loan: The direct PLUS loan is a federal loan that graduate or professional students and parents of undergraduate students can use to pay for their education. These loans can be used to help pay for education expenses not covered by financial aid. The Direct PLUS loan is not based on financial need, but credit is necessary.
The FFELP offers four types of loans: the subsidized Federal Stafford Loans, unsubsidized Federal Stafford loans, the Federal PLUS Loan for graduate students and for parents of dependent undergraduate students, and consolidation loans. [3] The main federal student loan is the Stafford Loan. There are two types of Stafford loans: Subsidized.