All Paying for College Articles

How Do I Prevent Student Loan Default?

Stop sign - you can prevent student loan default by stopping it before it starts questions & answers
You know what happens if you default on your student loans—your credit history takes a hit. This can have serious consequences on your future financial prospects. Lenders are reluctant to approve loans to defaulters and even if they do, they will charge you premium interest rates. This is not a scenario that anyone wants to …
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What Is Financial Awareness Counseling For Federal Student Loans?

Quarter coin - you should complete financial awareness counseling questions & answers
Financial Awareness Counseling is a government service that helps students understand their loan commitments as borrowers. This is done through an online interactive tool called the FACT or Financial Awareness Counseling Tool. Generally, the aim is to help borrowers manage their finances better to prevent potential financial disasters. All students and families who have federal …
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Ways To Change Your Student Loan Interest Rate

Sign that says change - calculate student loan payment student loans
When you take out a student loan, you’ll have an interest rate that you will have to pay on the amount that you borrow. For the most part, interest rates will remain consistent throughout the life of your loan (especially if you opted for a fixed rate). Interest rates greatly affect how you calculate student …
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4 Ways Student Loans Affect Your Credit Score

The number 4 -- there are four ways student loans affect your credit score student loans
Understanding how student loans affect your credit score will help you make informed decisions that will protect your credit history. It can even help you build a strong credit score. A bad credit score makes it very difficult to get approved for any loans in the future. And those few lenders who are willing to …
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Myth: I Can Just Reuse Essays On Multiple Scholarships

Recycle symbol - beware recycling college scholarship essays. Reusing essays may not be the best idea myths
The essay is arguably the most important component of your scholarship application. It’s a chance to tell your story and help you stand out among all the other applicants. but writing them is also time-consuming. This is where many applicants are tempted to reuse the same college scholarship essay on multiple applications. It’s understandable; so …
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