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 [...]

Completing Exit Counseling for a Student Loan When you are getting ready to leave college, your financial aid office will send you a notice that you are required to complete exit counseling for your federal (Perkins, Stafford and Graduate PLUS) student loans. Failure to do so could mean that your college will place a hold [...]

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 [...]

Your goal should be to minimize your overall borrowing – and here is how. Grab a pencil, a calculator, the financial aid award information from your school, and follow these steps to run the numbers: What are your total college expenses? Check your award letter for the “total cost of attendance.” This will usually include [...]

People with an about absolute acclaim account are added acceptable to get any accommodation they wish compared to anyone with bad credit. However, does that annihilate humans with poor acclaim from accepting a mortgage loan? Are loans alone accessible to the advantageous few who took affliction of their acclaim standing? The acknowledgment is ‘no’. Contrary [...]