student loans

Things to Know About the Student Loan Graduated Repayment Plan

By Allison WignallLast updated on March 25, 2025

When you select a student loan, you also select a repayment plan. There are various repayment plans for students to choose from, so they can have the best option for their personal situation. One of the federal student loan repayment options is a graduated plan. What is a Graduated Repayment Plan? A graduated repayment plan …

student loans

Pros and Cons of Repaying Student Loans While in College

By College Raptor StaffLast updated on February 26, 2025

By default, students have to start making their loan payments six months after they graduate. But, if you can afford it, you have the option to repay your student loans while you are still in school. This may or may not be the right option for everyone. Understanding the pros and cons of making early …

student loans

FAQS About Student Loan Repayment Plans

By College Raptor StaffLast updated on March 25, 2025

There are plenty of questions about student loans, and plenty more questions about how to pay them off. So we’ve gathered the most common questions people ask about student loan repayment plans and put it into an FAQ list. What is a standard student loan repayment plan? A standard student loan repayment plan is the …

student loans

First-Time Student Loan Borrower Mistakes To Avoid

By College Raptor StaffLast updated on March 6, 2025

While some mistakes can simply be brushed off as a part of the learning process, mistakes that you make when borrowing money can turn out to be very expensive. Far better to spend some time learning about the do’s and don’ts for the first-time student loan borrower BEFORE taking any loan instead than paying for …

student loans

Pros and Cons of Getting Student Loans Through Credit Unions

By Hilary CairnsLast updated on March 3, 2025

You’ve received your FAFSA offers, but it may be possible that you need a bit more money to cover your college expenses. Private loans can be a good route for some people. However, not only banks offer loans; Credit unions do as well. Here are some pros and cons of getting your student loans through …

student loans

How First-Time Student Loan Borrowers Can Prepare For The Loan Process

By College Raptor StaffLast updated on March 24, 2025

Taking a loan can be a scary prospect for anybody, and even more so for first-time student borrowers. There are so many challenging terms to understand and a long list of things to be careful about when borrowing money. Not taking the time to understand how loans work and what the different terms mean can …

student loans

How To Understand Your Student Loan Disbursements

By College Raptor StaffLast updated on March 6, 2025

Student loan disbursement refers to the manner in which you will receive the money that you’ve borrowed. There is no standard procedure for disbursing student loans. The loan disbursement method varies considerably from one college to another and also on the type of student aid that you receive. How Student Loans are Distributed In most …

student loans

Why Private Student Loans Are A Last Resort for Paying for College

By College Raptor StaffLast updated on March 6, 2025

Private student loans are offered to students by banks, credit unions, and other private financial institutions. While many students take loans to pay for their college education, private student loans are a last resort. Why is that? Let’s answer those questions. Here’s what you need to know. The Downside Of Private Student Loans Private lenders …

student loans

Student Loan Basics: What You Need To Know

By College Raptor StaffLast updated on February 25, 2025

While borrowing money to fund your college education may be unavoidable, there is a lot you can do to reduce the impact of the loan on your personal finances. It all starts with understanding the basics of student loans—the terms involved, the different types of loans, when and why you may need a co-signer, and …

student loans

What You Need To Know About the REPAYE Student Loan Program

By College Raptor StaffLast updated on March 24, 2025

REPAYE stands for Revised Pay As You Earn. Pay As You Earn or PAYE was one of the payment options offered by the US Department of Education. According to this plan, borrowers paid a percentage of their income as their monthly loan payment. The advantage of the PAYE program was that it helped borrowers get a …