FAQs About Student Loans

Students loans are a big part of paying for college for many students, and with such importance comes a lot of questions. Here are some commons FAQs about students loans. Should I apply for scholarships, loans, or grants first? The best strategy is to first apply to all grant and scholarship opportunities that you are …

Can I Change My Student Loan Servicer?

First off, we should define what a servicer is. Many use servicer and lender interchangeably, but a servicer helps you manage the loan, while a lender is the one who gives you the loan and sets the terms. With that in mind… Servicers CAN change… Although federal student loans are disbursed by the federal government, …

What to Expect From Student Loans: Choice, Interest, and Repayment

A college education opens the door to many opportunities. However, those opportunities come at a price. Receiving a higher level of education is one of the best decisions you can make in life, but if you don’t have enough funding for it, going to college can almost seem impossible. That’s where student loans come in. …

Understand How Student Loan Deferment Works

If you are struggling to make your monthly student loan payments due to financial hardship, a medical emergency, or some other life circumstances, you may be qualify to apply for a student loan deferment. Student loan deferment allows you to suspend all loan payments temporarily for a period of time, so you can use your …

4 Things You Must Understand About Student Loan Debt

Taking student loans is often the only way that most students can fund their higher education. It has in fact become so commonplace that students don’t think twice about taking on huge loans just so they can attend the most prestigious college on their shortlist. Unfortunately, some student loan applicants mistakenly presume that once they …