When Are Federal Loans Due? Key Dates Borrowers Must Know
When are federal loans due is one of the most common and stressful questions borrowers ask after graduation or leaving school. The answer depends on your enrollment status, loan type, and repayment plan. In this guide, you’ll learn exactly when federal student loans become due, how grace periods work, and how plans like SAVE affect […]
When Are Student Loans Due? Federal Payment Deadlines Explained
When are student loans due is one of the most common and stressful questions borrowers ask, especially around graduation or repayment restarts. Your exact due date depends on your loan type, enrollment status, and repayment plan. This guide explains federal student loan due dates, grace periods, SAVE plan timelines, and how to find your specific […]
The Best Ways to Handle Repaying Your Student Loans
As of October 1, 2023, the payment pause that had been in effect for federal student loans ended. That means millions of borrowers who had not been making any federal student loan payments during the pandemic now have to think about another major expense in their budget. According to the Federal Reserve Bank of New […]
Student Loan Forgiveness: The Biden Plan Explained
Here’s what is known so far about the new student loan cancellation program, how you can get student loan forgiveness, the surprising ways that past and future generations of college students will benefit, and what’s NOT included in the Biden plan.
Federal Student Loan Help During the COVID 19 Pandemic – VIDEO
New rules let borrowers skip two months of federal student loan payments. Transcript Lynnette Khalfani Cox: Here’s some good news for those of you out there who’ve been making student loan payments. The federal government just announced a suspension of all federal student loan payments for the next 60 days, and they’re waiving the interest […]
Comparing Federal and Private Student Loans
Seven out of 10 college graduates in the U.S. have student loans, and if you’re one of them – or if you’ll need to borrow soon for higher education – you should know your loan options. In the student loan market, there are two main types of loans: federal student loans and private student loans. […]
College Grads: Get the 411 on Federal & Private Loans Here
The average U.S. college graduate comes out of school with more than $25,000 in student loan debt, according to the College Board. And collectively, student loan debt in the U.S. now tops $1 trillion – surpassing the amount of credit card debt Americans owe. So paying off student loans is one of the most daunting […]
Key Differences Between Federal and Private Student Loans
If you have to borrow money to help pay for college, you need to understand the differences between private student loans and federal student loans. Taking the time to understand what types of loans are available, and what your responsibilities are for paying back those loans, can help you make the most informed decisions about […]
Federal Student Loans Available Now: Key Facts You Must Know
Unless you or your child has earned scholarships offering a full-ride for college, or you’re able to pay for school with your own funds, you’ll probably have to apply for financial aid or some type of college loan. After you complete your Free Application for Federal Student Aid (FAFSA), your college will send you a […]
6 Tips When Refinancing Your Student Loans
If you’re finding it difficult to keep up with your student loan payments, refinancing your student loans could help to reduce those monthly bills. A student loan refinancing usually occurs in one of three ways:
How to Get Your Student Loan Out Of Collections
Q: My Student Loan is In Collections. What Steps Can I Take To Remedy This Situation? A: You did not state whether you are struggling with federal student loans or private loans. Whatever the case, I believe the article I’ve written below answers your question about how to handle student loans in collection. Essentially, you […]