All Paying for college Articles

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financial aid

Grants That Can Help Reduce Student Loan Debt

Paying off student loans completely can be very frustrating. It can take many years of saving money and juggling finances just to afford the monthly repayments. And even then, it can seem like you’ll never ever be debt-free. One way to reduce the burden of student loan debt is by availing of grants established for …
Private student loans can help you afford college, but here are some things you need to know
financial advice & planning

8 Ways To Make Your College Experience More Affordable

Key Takeaways The cost of college is higher than it’s ever been with tuition doubling since 2000. Filing FAFSA, exploring financial aid options, and comparing tuition rates can help make higher education more affordable. Earning college credits in high school, considering alternative education options, and working part time are other great ways to help alleviate …
financial aid

When Will I Get My Award Letter For Financial Aid?

Most colleges send out financial aid award letters about 1 – 3 months after receiving your FAFSA information. However, the timeline for sending award letters for financial aid may vary among schools, vary based on how you applied (for example early decision vs. regular decision), and a few other factors. Understanding what these factors are …
financial aid

State Grants for Minnesota Students

Almost all states offer their students grants to better afford college – Minnesota included! We put together a quick list of some of the grants Minnesota offers, plus give you some links to additional resources for affording college in the state! Minnesota State Grants 1. Minnesota State Grant Program Available to low and moderate income …
financial aid

State Grants for Mississippi Students

Did you know the state of Mississippi has several grants available to its students who wish to go to college? We cover just a few of these below, plus give you additional resources so you can learn more about going to and affording college in Mississippi! Mississippi State Grants 1. Higher Education Legislative Plan (HELP) …
financial aid

A Quick Guide to Recertifying Income-Based Repayments

All federal student loan borrowers have access to income-based repayment plans. These plans can help lower your monthly repayments if you can’t afford the current repayment amount. To stay on the plan, it’s important to renew your plan every year. This is known as recertifying your income-based repayment.  Why You Need To Recertify Income-Driven Repayments …
pause on student loan payments
student loans

Can I Claim Student Loan Interest Deduction?

You may be eligible to claim a student loan interest deduction if you took out student loans to cover educational expenses. This tax break allows eligible borrowers to deduct up to $2,500 paid interest from their annual taxable income.  What Is Student Loan Interest Deduction? Student loan interest refers to the interest you’ve paid on …
Understand student loans and pay off your debt faster
student loans

8 Tips for Managing Your Student Loan Debt

Key Takeaways: To stay on top of student loan debt, first understand your debt and track the loans’ terms and your progress with a spreadsheet. Some types of repayment options, such as income-driven repayment plans, can make monthly payments more manageable. Develop healthy financial habits that help you create a budget, avoid late payments, and …

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