Nowadays, most of the students are relying on loans to cover the expenses on education. Since these loans are very easy to obtain, they end up taking more than required. As a result, debts increase making it difficult for the students to repay and this hampers their education. In order to assist the students settle [...]

Now that you have attained your educational goals and have graduated with a degree, the time has come to repay your student loan obligations. If you are like many, student debt is one of your biggest worries, especially since six to nine months following graduation will mark the beginning of your repayment cycle. Many students [...]

What is Financial Aid Entrance Counseling? If this is the first time you received federal student loans, such as Stafford or Perkins Loans, through your school, you will be required to complete entrance counseling before the funds can be distributed. The U.S. Department of Education provides the counseling online for free, or your school might [...]

It is very difficult for students to be approved for a private student loan on their own. As such, if you are a student borrower, without an established credit history and a current, steady income: You WILL need a co-signer for a private student loan. Your co-signer must have “good” to “excellent” credit and an [...]

Prime rate, LIBOR, Interest rate, and APR are all terms used frequently in the financial industry but what do they all mean?  Knowing this information will help you become a more informed borrower.  Understanding the difference between an interest rate and APR will allow you to make an informed decision that will save you money [...]

Student lenders often offer incentives to make their loan products stand out from the crowd. The industry calls these borrower benefits but they may also be called borrower rewards or incentives. While they can often save you lots of money over the life of a loan, you should consider them carefully to see if they will [...]

College is great but it is also expensive. It is very important for you to be fully aware of all the options you have to control costs. For many, failure to understand how student loans work can lead to significant unanticipated costs. A college degree can result in a career path that increases your lifetime [...]

According to The College Board, tuition and fees have increased about 200 percent over the last 20 years, yet the amount of federal financial aid available per student has remained flat for more than a decade. That means after you’ve lined up all of the financial aid you qualify for, there’s a very good chance [...]