Author: Staff

Stafford Loan Guide

Stafford loans are the way that most students pay for their college education funds. In fact, this is one of the most commonly taken out loans. When it comes to the Stafford Loans, there are both subsidized and unsubsidized types and each can be used by both undergraduates and graduates. These Stafford Loans are offered to students through the U.S. Department of Education, like Perkins Loans, Parent PLUS Loans, and Grad PLUS Loans.What are Stafford Loans?Subsidized Stafford loans are available to all undergraduate students that have some type of financial need for the loan. The amount that you are...

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Grad PLUS Loan Guide

If you are attending college and entering into grad school, you may be looking for a loan to help you afford the cost of tuition and other expenses. Fortunately, there is a federal student loan program known as the Grad PLUS loan, which can help you financially when you want to attend grad school.Like Parent PLUS loans and Perkins loans, these are offered by the federal government. ​If you do not know much about this loan, you are not alone, and we will go over it in depth below to help you get a good idea of what it...

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Everything You Need To Know About Winning Scholarships

It has been determined that paying for a child’s college education represents a big threat to retirement for parents today. That is especially true if their efforts of setting money aside for college expenses fall short, which is the case for many families. The good news is that financial aid through federal and school grants is more widely available than ever, making it possible for many students in need of college funds to attend a postsecondary school. However, where financial aid falls short – and it can for families with higher incomes, or when the student has too much...

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Forbearance & Deferment Guide

Let’s face it – sometimes it is difficult to pay back your student loans right away when you graduate or drop out of college. When this happens, you may struggle to make the required payments on your account and it may stress you out. If you are having trouble affording the payments, you can apply for a deferment or forbearance to help you reduce your student loan payments. Deferment and forbearance are options that either reduce or postpone your federal student loan payments and these options are available to help you avoid going into default on your loans. Below,...

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How to Spot a Student Loan Assistance Scam

Student loan debt in the United States is reaching all-time highs, which has meant borrowers are desperately seeking debt relief. Not coincidentally, a number of student loan assistance scams have popped up around the country. Their promises of full or partial debt relief are understandably appealing, especially if you happen to be one of 44 million student borrowers out there.For a simple upfront payment, could you really be free from debt? Like most deals that sound too good to be true, it likely is. To date, there are over 50,000 complaints to the Consumer Financial Protection Bureau (CFPB) about...

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