We’re now just one week away until the student reform changes officially start going into effect.
Seeing as it is the end of June, most of you have received your financial aid award letters and know what your federal loans look like for the upcoming academic year.
So, did you receive enough money in Stafford loans? Keep in mind that there are annual limits for each category (subsidized and unsubsidized) and you [...]
Can’t remember how much of your graduate school tuition will be covered by a Stafford Loan? Want to know when your next PLUS loan disbursement will arrive? You can access all of your federal loan details online through the Department of Education’s National Student Loan Data System (NSLDS) database.
As you can see, it doesn’t sound like much, but it makes a big impact in the long run. Quadruple the savings above and the deal becomes bigger and bigger.
Many graduating seniors are still in the midst of their six-month grace period before they have to begin student loan repayment. But for some lucky graduates who have secured a job and have the means, they may be interested in starting repayment before their grace period is up.
Federal work-study isn’t often brought up when discussing paying for college, but it is an amazingly useful and convenient avenue for cash.
For recent graduates, repayment can be a touchy word while trying to juggle searching for a job and moving out of school, to put it lightly. It is totally common and expected to be at least a little nervous about the process, as you likely have not had a financial obligation like this before.
Stafford loans [...]
If you are a recent graduate, once your grace period comes to a close, you will be tasked with repaying your federal student loans. While many people opt for standard repayment, there are actually alternative means as well - if you are eligible.
Wondering when you actually receive your federal Stafford loan. Here is a look at how these loans are disbursed.