Making even minimal payments towards your student loans while you are in college can drastically reduce the total amount you’ll end up paying.
College is expensive, and many parents try to help their child pay for college so that they don’t need to rely on student loans. But while that desire is understandable, some parents find themselves in financial trouble trying to foot the bill. Here are 5 things parents shouldn’t do to help their kids pay for school.
Without financial aid, countless students would be unable to afford college. From scholarships to grants to student loans and more, get all of the financial aid money that you are entitled to by following our financial aid timeline and making sure that you submit your FAFSA and other applications as early as possible.
Where should you put your emergency fund so that the money can continue to grow, while staying safe in case you need it? Here, we discuss four options: Keeping your emergency savings as cash, using a traditional savings account, using a high-yield account, and building a CD ladder.
Are you considering taking out student loans to pay for your college expenses? Before you commit to any decision, make sure that you weigh the pros and cons of taking out student loans so that you’re sure you’re making the right decision for your personal situation.
Administrative forbearance (also called disaster forbearance) can help you if you find yourself unable to pay your student loans due to natural disaster.
Accepting financial aid funds is confusing. Accept money from your financial aid package in this order to graduate as cheaply as possible.
Our free student loan spreadsheet and guide will help you organize your student loans, track your lenders and servicers, choose a repayment plan, and pay off your student loans as quickly and cheaply as possible.
Interest capitalization is the bane of any student loan borrower, adding thousands of dollars to the amount you owe over the life of a loan.
If you want to pay off your student loans ahead of schedule, try using these 6 strategies to really plow through your debt and free up cash for other goals.