Author: Staff

How to Handle Student Loans When You Have a Disability

For current students and recent graduates with student loans, a long-term disability diagnosis can trigger panic. You may wonder how you can manage your monthly repayments if you are no longer physically or mentally capable of working.Those holding federal student loans may be eligible for a student loan deferment, forbearance, or total and permanent disability discharge (TDP).Federal student loans have a safety net in place for students facing long-term financial hardship, including programs for those with a disability preventing them from finding meaningful work. A disability is a life-altering event. If you have a long-term disability, explore the following...

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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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