Myths

myths
A lot has been written about forbearance options being one of the many benefits of federal student loans but what is generally overlooked is the fact that some private lenders also offer borrowers this option. Forbearance Options Forbearance allows you to postpone your monthly payments temporarily for a fixed period of time. This can come …
myths
When looking for ways to manage your loan repayment you will come across the terms ‘refinancing’ and ‘consolidation’. While both of these are offer practical alternatives to managing your student loans, they may not always be the best option for all borrowers. Moreover, there are several myths out about student loan refinance and consolidation that …
myths
You’ve read about the 5 most common scholarship myths that stop many students from applying for free money that could be used to pay for college. Unfortunately, those aren’t the only scholarship myths out there. We’ve put together 5 more scholarship myths that you should not to believe in. Myth #1: I can apply for …
You don't need scholarships, or do you? myths
You may think that because your college provides financial aid, you don’t need to search for scholarships. After all, wouldn’t your financial aid cover all your college costs? Well, that’s actually not true and you definitely want to find some scholarships. When it comes to scholarships, there are three major sources: the federal government, the …

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