Student Loans

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Fixed or Variable Student Loan Rate: Which Is Better?

Fixed or Variable Student Loan Rate: Which Is Better?

Federal student loans come with fixed interest rates, but if you apply for a private student loan, you may be offered a fixed or a variable rate. In most cases, a fixed-rate student loan is the better choice, but there are some situations where it might make sense to opt for a variable rate instead.

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How to Find Your Student Loan Balance

Whether you’re still in school or no longer attending, keeping tabs on your student loan balance can help you budget for payments and ensure you borrow only what you can pay back. How to check your student loan balance depends on whether you have federal or private student loan debt. Read on for more information

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How to Get a Student Loan Without a Cosigner

How to Get a Student Loan Without a Cosigner

If you’re planning to take out student loans to pay for school, it’s generally possible to get approved without a cosigner. There are, however, some exceptions, so it’s important to know what to expect before you apply. Can You Get a Student Loan Without a Cosigner? Federal student loans are available to all eligible students

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Juno Student Loans Review 2023

Wondering if Juno student loans are right for you? Check out our review of the organization and learn more about their products.Wondering if Juno student loans are right for you? Check out our review of the organization and learn more about their products. The post Juno Student Loans Review 2023 appeared first on Money Under

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Qualifying for Student Loans: What You Need to Know

While a college education can create opportunities for your future, it’s not cheap. According to College Board, the average annual non-resident tuition for four-year public schools is $28,240 for the 2022-23 academic year, and that jumps to $39,400 for private nonprofit four-year schools. If you can’t afford to pay for college on your own through

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What Happens to Student Loans if You Drop Out?

If you withdraw from your college courses or drop below half-time enrollment, payments on your student loans will begin shortly thereafter. Before you make the decision to drop out, it’s important to understand how your student loans will be impacted, as well as your eligibility for financial aid in the future if you plan to

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State of Student Loans in December 2022: Deferment, Forgiveness Plans, and What to Do

It’s been over two and a half years since Trump first enacted a relief policy that hit the pause button on federal student loan bills and their accrual of interest. The White House’s latest update revealed that the deferment of student loan repayments has been extended once more, but that they’ll recommence at some point

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What the new student loan forgiveness means for you

What the new student loan forgiveness means for you

Biden’s new plan will erase $10k of student debt for millions of borrowers. But will you qualify? Here’s all you need to know.Biden’s new plan will erase $10k of student debt for millions of borrowers. But will you qualify? Here’s all you need to know. The post What the new student loan forgiveness means for

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How to Get Back Your Eligibility for Financial Aid

How to Get Back Your Eligibility for Financial Aid

Having access to federal financial aid can make it easier to afford a college education. But if you lose your eligibility for aid, you may be on your own. Fortunately, there may be options for regaining financial eligibility after its suspension. Here’s what you need to know. Possible Reasons for Financial Aid Suspension There are

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How Is a Student Loan Different From a Scholarship?

Students wondering how to pay for college typically turn to two key funding options: loans and scholarships. Borrowers are generally on the hook to repay student loans with interest, while scholarship awards are free money — meaning you never have to pay them back. Even if scholarships don’t fully cover your college costs, they can…

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4 Things to Consider Before Applying for a Student Loan

4 Things to Consider Before Applying for a Student Loan

Student loans can provide much-needed help in paying the high cost of a college education. On average, consumers in the U.S. have an average of $39,487 in student loan debt, according to Experian data. Starting your career and the rest of your life with that much debt can be a heavy burden to bear. So,

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Don’t Forget These Important Student Loan Forgiveness Dates

Don’t Forget These Important Student Loan Forgiveness Dates

For the most up-to-date information on federal student loan forgiveness, go to the U.S. Department of Education’s Federal Student Aid website. Applications for federal student loan forgiveness under President Biden’s new debt relief plan became available in October 2022. The plan is currently on hold due to a court order, but borrowers are still encouraged

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How to Get Out of Debt in 6 steps

How to Get Out of Debt in 6 steps

If you’re wondering how to get out of debt, you’re not alone. Around 64 million Americans have some form of debt. And it’s not just credit card debt keeping people up at night. According to the credit-reporting agency Experian, Americans’ consumer debt adds up to more than $15 trillion.  While each individual’s circumstances vary, trends

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Best companies for student loan refinancing in 2022

Best companies for student loan refinancing in 2022

You can refinance student loans to get a lower interest rate, negotiate better loan terms, and to work with only one lender.You can refinance student loans to get a lower interest rate, negotiate better loan terms, and to work with only one lender. The post Best companies for student loan refinancing in 2022 appeared first

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