Loss of Federal Benefits:Federal loans offer certain benefits that may not carry over with a private loan provider, such as income-based repayment plans and unemployment protection. If you switch from a federal to a private lender, you could lose these benefits. Be sure to check what benefits ...
While many people have struggled over the last several months, some have managed to increase theirsavingsand income. If you have enough money to pay off your loans, you may want to get rid of them now. You can schedule a payment to pay off the loans in full to start 2023 on the righ...
I wish I could travel back in time and tell myself to face our student loan debt so much sooner. If you have debt hanging over your head, I hope you’ll stop wishing it away and start taking action. You’ll feel so much better. You may have a marathon to run like our family, b...
Make sure you understand your current loans, including the type of federal student loans you have, your current balance, the type of plan, and who your current loan servicer is – since this may have changed. Be sure to update your contact information on your loan servicer’s profil...
Federal loans and Pell Grants can be used to cover the cost of a summer college term, but scholarships are limited. Sarah WoodJune 17, 2024 States' Responses to FAFSA Delays Many states have pushed back their aid deadlines and implemented outreach programs to address FAFSA questions. ...
As a student making use of one of these loans, it’s essential that you prepare yourself to pay them off in an organized way. There are many ways to pay back a student loan; this article takes you through the main things to consider when you are getting ready to do so. ...
Borrowers need to know and do some critical things before the pandemic-related pause on repaying federalstudent loansends this year and payments resume in January 2023. Student loan and finance experts advise taking the following steps right away: ...
PeopleSoft Campus Solutions 9.2: Student Financials June 2023 PeopleSoft Campus Solutions 9.2: Student Financials Copyright © 1988, 2023, Oracle and/or its affiliates. This software and related documentation are provided under a license agreement containing restrictions on use and disclosure and are ...
Private student loans,on the other hand, are loans offered by banks or credit unions.When borrowers exhaust their college savings and reach their federal student loan limits, they may turn to private student loans to help cover the remaining cost of attendance. Students will generally need a par...
What are the deadlines for federal student loans? In 2023, FAFSA opens on October 1, 2023, and the submission deadline is June 30, 2024. If your FAFSA requires verification, the deadline may be extended to give you time to update or make corrections. However, you must do so by Septembe...