Our blog is designed to provide information regarding some of the critical topics those with student loans must be aware of to be able to make educated decisions regarding their future.
Student loans can seem daunting at first, but they do not have to be. Spend some time learning about the student loan process so that you can make smart decisions about financing your education. Below, we provide a step-by-step guide to help you understand how do student loans work. Applying for FAFSA FAFSA stands for “Free Application for…
Continue Reading ->Yes, it is possible to use student loans for living expenses in college, under certain circumstances. When you sign your master promissory note for student loans, you are able to borrow based on the cost of attendance of the school, which includes many living expenses. There’s many expenses to the cost of college than just tuition, and the Department…
Continue Reading ->The average student loan debt is so high today, that many people consolidate and refinance their student loans to make their payments more manageable. When you are considering refinancing substantial debt, it is important that you consider various lenders. The rates, service and repayment flexibility each offer can impact your financial wellbeing. With that in mind, you will…
Continue Reading ->If you feel like a salmon swimming upstream in your efforts to repay your student loan debt, you aren’t alone. Over 3,000 people default on their federal student loans each day in the United States. Fortunately, you have many options to help you get your payments under control, and most of these you can do yourself. However, there…
Continue Reading ->You may have heard the commonly believed urban legend that student loans can’t be discharged in bankruptcy. It’s simply not true. Student loan debt may be discharged on the basis of undue hardship. Yet only a shocking 0.1 percent of bankruptcy filers with student loan debt try to have their student loans discharged due to undue hardship. This is…
Continue Reading ->Student debt is a hot conversation topic among lobbyists, politicians, and college graduates. College tuition prices are skyrocketing, but students continue to enroll. With family income still stagnant since 2000, most students are left with no choice but to borrow. Borrowers now owe a cumulative $1.569 trillion dollars of student loan debt according to the U.S Federal Reserve.…
Continue Reading ->If you live in South Carolina and are thinking of attending college(yes, college is still worth it), you’ve probably heard of South Carolina Student Loan. But did you know that non-residents can also apply? South Carolina Student Loan has been around for over 40 years to assist many people with their educational goals. A few of their loan…
Continue Reading ->What is a Grad Plus Loan The Grad PLUS Loan, also known as the Graduate PLUS Loan, is a federal student loan meant for those who are going to graduate or professional school. It has a fixed interest rate which is often higher than other loans you can get, though it has a high loan limit. The federal…
Continue Reading ->Borrowing money is hard, and it’s even harder for young borrowers to get student loans without a cosigner. Lenders need a reason to believe they’ll get their money back, and students haven’t had a chance to build up their income or credit history in order to demonstrate that ability. Many private lenders need a cosigner, but what do…
Continue Reading ->The Basics of Title 1 Schools This program, which is now the pillar of the Elementary and Secondary Education Act (ESEA), is our oldest and largest federally funded education program, according to the U.S. Department of Education. It dates from 1965 and its main purpose has been to help underprivileged children meet challenging state academic standards. In other…
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