No parent wants to hear that they may have trouble getting student loans because of their credit. It feels like you’re letting your child down, and that’s one of the worst feelings in the world. Fortunately, your bad credit won’t prevent your child from paying for school. There are several ways you can secure student […]
Paying for College
How to Increase Your Financial Aid Award
All over the country, incoming college students are receiving their financial aid letters. For the first time, they and their families are finding out how much help they’ll be getting and how much money they’ll have to come up with to pay for school. For some families it’s great news, while others are distressed by […]
How Income-Based Student Loan Repayment Works
If you take out student loans, you’ll be asked to start repaying them once you graduate from college. This is a daunting task for most graduates. Thankfully, there’s a six-month grace period before you’ll have to start making these payments after graduation. This gives you time to hopefully, find a job and a place to […]
How to Apply for Student Loan Forbearance
Student loan payments can big a huge financial burden, and you may find it difficult to pay when times get tough. If you’re unable to pay, the last thing you should do is skip a payment – as you’ll get slapped with expensive late fees that can hurt your credit score. Instead of missing payments, […]
15 Things to Know About Expected Family Contribution
When you’re filling out your FAFSA application, you’ll be asked about your Expected Family Contribution. This is essentially a reference to how much your family is going to contribute to paying your educational expenses. However, the number you input here is not simply a guess, nor is it based on what your family says it’s […]
What Happens When You Win a College Scholarship?
Winning a scholarship is a great feeling. It is, after all, literally free money. And every dollar you win in scholarships is a dollar you won’t have to take out in a student loan, so it really is a big deal. While you’re waiting to find out if you’ve won a scholarship, it’s normal to […]