Many college students need to take out a private student loan in order to pay for college. However, not many have had the chance to build their own credit yet. Having a cosigner can help you get approved for student loans. But you may be wondering: can I have multiple student loan cosigners? Most Lenders …
How Often Should I Apply For Scholarship Programs?
When it comes to paying for college, every little bit counts. And scholarships can help more than just a little bit. So it begs the question: how often should you apply for scholarship programs? The short answer is you should apply for scholarships as often as possible. Consider these two features of scholarships: Scholarships are …
Is It Too Late to File the FAFSA?
Deadlines can be stressful, more so when you are juggling multiple. High school seniors come up against numerous deadlines: papers, scholarships, and college apps. One of the most important is the FAFSA deadline. You miss this one, and you’re missing out on all types of financial aid that can help lower the cost of college. The …
How Can I Change My Student Loan Interest Rate?
Here’s something that you should know if you are planning on borrowing money to pay for college—you are not necessarily stuck with the interest rate that you are offered at the time of taking the loan. When you take out a student loan, don’t just resign yourself to the rate that you borrowed at. Not …
Do I Have to Refinance Student Loans With A Cosigner?
Student loan refinancing is a great way to get a lower interest rate or lower monthly payment. Of course you can only do this if you meet the lender’s criteria. Every lender has their own eligibility criteria. If you do not meet the specified criteria then the lender may ask you to refinance student loans …
Does Your GPA Affect Your Student Loans?
The subject of student loans is mired in misconceptions and myths. One thing that many students wonder about is whether or not their GPA affects their student loans. Some students think it does, some think it doesn’t. So what’s the right answer—does GPA affect student loans or not? Let’s take a look at the relation between …
Can You Change Student Loan Repayment Plans?
When you sign up for a student loan—whether federal or private—you’ll also sign up for a certain repayment plan. Options will vary loan to loan. As time goes on, you may find that the monthly payments are too high, or that you’d save more money on a different plan. So it begs the question: is …
Does Having Financial Need Affect Your Acceptance Odds?
When it comes to college, there are two major things most students and families think about: getting accepted and paying for it. They are two big pillars of the college process, and one can greatly affect the other. So it begs the question: does having financial need affect your acceptance odds? How to Find My …
How Are Student Loan Interest Rates Calculated?
Interest rates have a big affect on the overall cost of your student loan. Have you ever wondered how the interest rates are calculated? How Federal Loan Interest Rates are Calculated The government sets the interest rates and terms and conditions on Federal loans. This includes Parent PLUS loans, so if you are a parent …
What Is A Federal Student Loan Interest Subsidy?
When it is time to start repaying your federal student loans, if you are not earning enough to cover your monthly payments, you have the option of choosing an income-driven repayment plan. While researching these, you may have come across the term ‘federal student loan interest subsidy.’ Let’s dive into what that means. Income-Driven Repayment …
Copyright © 2012-2019 College Raptor®. All Rights Reserved by College Raptor, Inc.
College Raptor, InsightFA, FinanceFirst, and the dinosaur logo are registered trademarks of College Raptor, Inc.