Fund Your Future
The three-year pause on federal student loan interest and payments is coming to an end. Interest began accruing on September 1, 2023, and payments are set to resume in October. In order to ease federal student loan borrowers back into making payments, the U.S. Department of Education has introduced measures [...]
Most federal student loan payments and interest have been suspended since March 2020. After numerous extensions and introduction of a federal student loan forgiveness that was blocked by the Supreme Court as of June 30, 2023, student loan interest resumes on September 1, 2023, and payments will resume starting in [...]
If you have federal student loans, you’ve likely been closely following the news surrounding them for the past few years. Payments and interest on most federal student loans have been paused since March 2020 at the start of the COVID-19 pandemic. Additionally, the Biden-Harris administration proposed a one-time student loan [...]
As a parent, you may be eager to help your child pursue their college education. Taking out a federal Parent PLUS loan is one way to ensure their college costs are covered. These loans can be taken out for the total cost of your child’s tuition, minus any additional financial [...]
As tuition costs increase, college is becoming more expensive. Fortunately, there are many financing options available to students and their families. Direct PLUS loans (commonly called simply PLUS loans) are one example—these federal student loans can cover the full cost of college attendance, minus any financial aid you have received. [...]
If you’ve exhausted scholarships, grants, and Federal Direct Loans to cover college costs and are still left with funding gaps, you might be considering Federal Direct PLUS or private student loans. There are some key differences between the two loan types that are important to understand. What to Know About [...]
There is a lot of confusing language (and plenty of acronyms) when it comes to paying for college and financial aid. You may be surprised to know that "expected family contribution" or "EFC" is not necessarily the amount of money your family will actually end up paying your college. So [...]
Update: On June 30, 2023, the proposed student loan forgiveness program was blocked by the Supreme Court. Federal student loan forgiveness - will they or won't they? And when might repayment actually begin? If you hold federal student loans, you were likely eagerly awaiting the news that came on August [...]
Interest on federal student loans resumed on September 1, 2023, and payments will resume in October. Throughout the payment pause (and even before), scammers have preyed on borrowers who are hoping for student loan forgiveness, charging fees for fake services or stealing your information. How can you be sure you're [...]
We know you have big plans for post-college life. Whether you intend to start a small business or travel the globe, you need money to make it happen. Student loan payments could decrease the disposable income available for other financial goals. Fortunately, having a game plan to pay off student [...]
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