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What Does the Student Loan Repayment Extension Mean for You?

If you’ve got federal student loans and are following the latest updates, you’ve definitely heard about the latest student loan repayment extension. On December 21, 2021, President Biden announced that the student loan repayment pause would be extended from January 31, 2022 to May 1, 2022. The additional 90 days of no payments has students …
A person holding a marker against a checklist.
questions & answers

The Final Few Months to Graduation (Senior Checklist)

Your high school experience is nearly over, and you’re going to start college in the Fall – congratulations on all of your amazing achievements! But don’t stop thinking about your education even though you’ve completed your college applications and may have even heard back from a few schools. Follow our senior checklist of all the …
Student thinking about loan forbearance
questions & answers

Is Student Loan Forbearance Right For Me?

Forbearance is an option that allows borrowers to postpone loan payments while they’re in school. What’s important to know is that interest does not stop accruing during the time. This accrued interest increases the cost of the loan considerably. However, delaying paying off your student loans can also help you focus on finding a job …
A high school junior visiting a college.
questions & answers

What is an Enrollment Deposit?

When you receive your acceptance letters from colleges, you will generally have to submit your answer on whether or not you’re attending by May 1st. Some schools will also ask for an “enrollment deposit.” Here’s what that means, how much it may cost, and why you may want to delay your answer. What is an …
A brick college building covered in ivy.
questions & answers

Are You Guaranteed a Scholarship From the College You Attend?

Did you know that many scholarships come from the colleges themselves? They’re known as institutional scholarships. While many students rely on institutional scholarships to help pay for college, you are never guaranteed a scholarship from a college you attend. Although you may be granted one, it is never set in stone. However, there are ways …
College student with money
questions & answers

Can You Use Scholarships to Pay off Student Loans?

When you’re trying to pay off your student loans, it’s a good idea to explore all your options. Some students wonder if they can pay off their loans with scholarships. If you received a scholarship your junior year, for example, can you use it to pay off a student loan from your freshman year? The …
A student's hand with leather bracelets giving a thumbs up in the sky.
questions & answers

How Do I Discover My Financial Aid Eligibility?

Many, if not most, students depend on some financial aid to help them cover the cost of college. Determining financial aid eligibility, however, can be confusing. What do you qualify for? How much can you earn? This article covers the general eligibility requirements for the 3 main types of financial aid available to students—federal student …
University library with text: are there graduate school scholarships?
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Are There Graduate School Scholarships?

Are you planning on attending graduate school after you earn your Bachelor’s? You may be wondering about how you’re going to pay for the degree. Student loans are one way, of course, but they shouldn’t be your first option. Believe it or not, there are graduate school scholarships too! Here’s what you need to know! …
A book with the outline of a student wearing a graduation cap, next to a fountain pen. Text overlayed that says "why does college cost so much?"
questions & answers

Why Does College Cost So Much?

One of the first things to pop up in a conversation about college is the price. Why does college cost so much? Is there any way to graduate without paying an arm and a leg? Or being buried in debt? Let’s break down why the price tag is the way it is, then we can …
Classroom with text: are there scholarships for college students?
questions & answers

Are There Scholarships For College Students?

As a high school student you probably spent a lot of time looking for scholarships. They’re the best way to pay for college, after all, and can offset your higher education expenses. The more you earn in scholarships, the less you have to pay out of pocket or take out in student loans. So why …