How to Get a Federal Student Loan Federal student loans are issued by the Department of Education. They have low, fixed interest rates and come with robust borrower protections, making them a good first choice when borrowing money to pay for college expenses. Here's how to apply for federal...
» MORE: How much can you get in student loans? How to get a private student loan Consider private student loans to cover any remaining costs after grants, scholarships, work-study and federal loans. They're a viable option if you have good credit or a co-signer who does. Where to ...
Keep in mind that it is much more common for student loans to be disbursed to your school first, and many private loans advertised as direct-to-consumer may be misleading. Always be sure to read the fine print. If you choose to take out a direct-to-consumer student loan, it's a goo...
Learn how to get a student loan, from the steps to filling out the FAFSA to comparing federal versus private loans. (iStock) If you’re considering taking out astudent loanto fund your higher education, you’re not alone. Nearly 70% of all graduates left school with a bachelor’s degree...
An IDR plan can be a good option for people in low-paying careers who have large amounts of student loan debt. Eligibility varies among plans, with some federal loans being ineligible for repayment under all but one plan. Additionally, you will have to recertify your income and family size...
Wonderinghow to get student loan forgiveness?You may think that there are only one or two programs - and you may have read the headline "they don't work". But in reality, there are over 80 programs (and counting), and you might have a better chance than you expect to qualify. ...
However, we need to keep the end goal in mind: getting rid of student loan debt. And note that learning how to get rid of student loan debt without paying doesn’t work. You can’t shake off student loans, and you might find yourself in a position of having your wages garnished to...
Teachers have access to multiple student loan forgiveness and repayment assistance programs. Learn about the eligibility requirements and amounts for each program to determine if you qualify and what you’ll get. If you aren’t eligible for long standing forgiveness programs, consider other forms of...
Below, we’ll explore the student loan interest deduction and how you can minimize your taxes while you’re still in college. What is the student loan interest deduction? Luckily, taxpayers who make student loan payments on a qualified student loan may be able to get some relief if the loan...
A private student loan can be worth it, depending on your situation. It can be the best option to fill in the gaps where scholarships, grants and other financial aid fall short. However, it is not advisable to get a private student loan to fund the full cost of your education, given ...