How to Get a Student Loan More Getty Images Federal student loans should be your first option because of their low, fixed interest rates and borrower protections. Key Takeaways When paying for college, exhaust scholarships, grants and federal student loans before borrowing private student loans. ...
To be eligible for federal student loans, the student must satisfy the general eligibility requirements for federal student aid, such as citizenship, having a high school diploma or the equivalent, enrolling in an eligible college or university, and maintaining satisfactory academic progress. In additi...
» 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 ...
» MORE: Pros and cons of consolidating student loans Can I consolidate my defaulted student loans? If your student loans are in default, consolidation is typically one of a few methods to get your loans back on track. To consolidate defaulted loans you'll need to make three full, on-...
All loans must be federal direct student loans or consolidated into a direct loan program by Oct. 31, 2022. The waiver also allowed active-duty service members to count deferments and forbearances toward PSLF. The final major change involved in this update is that the U.S. government reviewed...
If you’re ineligible for forgiveness or repayment assistance on your student loans, there are some other potential ways to get some relief with your monthly payments or to save money. Here are some to consider: Employer-based repayment assistance: You might be using your education background an...
A private student loan can help when federal loans, grants & scholarships fall short. However, they are not for everyone. Learn more in MoneyGeek's guide.
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...
How To Pay Your Student Loans Faster In 7 Easy StepsBrian O'Connell
and not the school. However, these loans tend to be more expensive than loans referred to through your school. If you're looking for a student loan that goes straight to your account, shop around for direct-to-consumer private student loans, which are also referred to as DTC loans. ...