If you have a problem with your student loan lender or servicer, start by contacting customer service for help. If it doesn’t resolve the problem, you canfile a complaint with the CFPB. The CFPB will contact the lender or loan servicer about the complaint and typically get a response wi...
But while this new round of student loan forgiveness offers a reprievefor those who qualify, many other students still face the challenge of financing their educations. In turn, it's crucial for the students who are planning to enroll in the fall 2024 semester to find the most affordables...
Consider an emergency student loan Many colleges and universities will also offer their own programs for emergency student loans. These loans provide quick cash to students facing urgent financial situations, helping them bridge the gap between available resources and unexpected expenses. When available...
• Private college loans for parents: Certain private lenders may offer private college loans for parents to borrow rather than co-signing on a student loan. The debt is your sole responsibility. » MORE: Should you co-sign a student loan? How graduate students can get student loans Gradua...
Federal student loans are exclusively for college students; students enrolled in a GED program will not be eligible for these loans until they enter college. However, private loans have more flexibility, and students can often find funding for their GED classes through these loan options....
Step 1. Preparing to Apply As you consider what type of student loan is best for you, it’s crucial to understand your options. Most students will choose between two: federal student loans and private loans. Researching Loan Options
How to get a private student loan If you’ve hit your federal student loan borrowing limit or don’t qualify for federal financial aid, you may need to cover the remaining academic costs with a private student loan. These come from banks, credit unions and online lenders. ...
How is student loan consolidation different from student loan refinancing? While the processes are similar,consolidation and refinancing differin some ways. Each has advantages and disadvantages. Understanding the nuances can help you select the right process for you when it comes to your student debt...
If you need to borrow more than that, one option is a federal direct PLUS Loan. PLUS loans areintended for the parentsof undergraduates (as well as for professional and graduate students). PLUS loans have higher limits—up to the full cost of attendance minus any other aid the student rece...
How can people get rid of their student loan debt and when is loan forgiveness an option? Statistics show how deep in student loan debt U.S. college graduates are and the sums can be alarming to individual borrowers. Fortunately, students may be able to take advantage of income-based repaym...