Will I get my tax refund if I owe student loans? You’ll receive your federal tax refund even if you owe a federal student loan balance, as long as the loan account isn’t delinquent. Private student loan debt typically doesn’t affect whether you receive your federal refund. What happens...
When you use student loan funds to finance your education, if you are eligible, the IRS allows you to claim qualifying expenses that you pay with those funds towards educational tax credits. A tax deduction is also available for the interest payments you
The blog is currently authored by Education Finance Council, a national trade association representing nonprofit and state-based higher education finance organizations; GreenPath Financial Wellness, a national nonprofit organization that provides financial counseling...
Now, if she wanted to be a CFO or something, it would make sense to consider an MS from a program at the likes of Wharton. That said, I’m a finance exec and I didn’t take the premier university route. Awards, Achievements, and Accolades ...
However, if you have multiple garnishments for different debts, you are not protected under the same law, and your employer could choose to terminate your employment. If you believe you were fired illegally, seek legal advice, or contact the Department of Labor. ...
by Alex Hillsberg , MA Student Finance & Loan Expert Share Navigating student loans can be tricky, especially understanding when interest on student loans starts accruing. This article aims to clear up the confusion and provide you with essential insights. According to the Education Data ...
You may be eligible for a discharge of your Direct Loan or FFEL Program loan if you withdrew from school, but the school didn’t pay a refund that it owed to the U.S. Department of Education or to the lender, as appropriate. Check with the school to see how refund policies apply to...
For schools that had less than 30 borrowers enter repayment in the 2017 fiscal year, the ED found the default rate by summing together the number of borrowers who entered repayment in 2015, 2016, or 2017 and defaulted and divided that figure by the number of borrowers who entered repayment ...
The challenge isn't how to make more money, it's how to make and use money to live a life you love, with time and space for yourself. And that's the heart of Millennial Money: stop hustling yourself into a breakdown and stop wasting time by managing money poorly. ...
and you don't have to itemize to get this deduction. Deductions reduce yourtaxable incomefor the year, which may lower your tax bill or add to the size of your refund. If you paid $600 or more in student loan interest for the year, you’d receive Form 1098-E from your loan service...