Pay Off Student Loans Archives - Page 9 of 10

What’s The Maximum? Is There A Limit To Student Loan Money?

If you’re trying to figure out how to pay for college or graduate school, you've probably wondered if there’s a limit to the amount you can take out in student loans. Technically, no. Realistically, yes. Federal loans, both subsidized and unsubsidized, have very strict limits. (Subsidized loans are need-based and proof of financial need is required; unsubsidized don’t have need requirements but your education costs must exceed the amount of financial aid awarded). […]

By admin|March 14th, 2013|Pay Off Student Loans|0 Comments

7 Popular Student Loan Repayment Plans

When it comes time to repay student loans, many people feel overwhelmed or concerned about making monthly payments. Fortunately, most lenders offer at least two or three different repayment plans to fit different needs, whether you want to pay off your loan as quickly as possible or need to make smaller payments. The following list outlines the general policies of various repayment plans. Policies vary between institutions, so be sure to ask your lender about their specific plans. […]

By admin|February 13th, 2013|Pay Off Student Loans|0 Comments

6 Depressing Facts About Student Loans

1) Educational debt is a double-edged sword. With steady and gainful employment becoming relatively scarce and the United States population increasing, more people are having to make tough choices. Many are having to decide between becoming indebted while trying to make a living without a college education, or becoming indebted by taking out one or more student loans in hopes of pursuing a profitable career by earning a college diploma. […]

By admin|February 12th, 2013|Pay Off Student Loans|0 Comments

FAFSA Offers Resources for Student Financial Aid

Financing higher education can be a challenge these days. Fortunately, various federal aid programs for grants, loans and work-study are available for students through the Free Application of Federal Student Aid (FAFSA). The application process may seem intimidating at first, but there are countless resources online and in financial aid offices to help students apply for the best possible assistance. The first step in any case is to check your eligibility. To receive allowances from the US Department of Education student aid, you must: […]

By admin|February 7th, 2013|Pay Off Student Loans|0 Comments

Standard Student Loan Repayment Plan

When the time comes to repay your federal student loans, the standard repayment plan might be the most economical choice. It is also the default repayment method for most loans. This program is available for several types of Direct and Federal Family Education Loan (FFEL) program loans, including: […]

By admin|February 6th, 2013|Pay Off Student Loans|0 Comments

Graduated Student Loan Repayment Plan

After college, many people are forced to take lower-income jobs, often as a stepping-stone to a better-paying position. If this sounds familiar, the graduated repayment plan could make paying back your federal student loans a little less stressful. This program is available for several types of Direct and Federal Family Education Loan (FFEL) program loans, including: […]

By admin|January 30th, 2013|Pay Off Student Loans|0 Comments

Deferment Plans

It seemed so far away when you started school. Loan payments were as hard to comprehend as putting on a suit and going for your first post-graduate job interview. But now that day is here, or maybe that time has come and gone and you’ve been faithfully making payments. But now, you are not having as much luck landing that job as you’d hoped, or circumstances have pulled your financial resources to more pressing concerns. […]

By admin|January 17th, 2013|Pay Off Student Loans|0 Comments

20 Best Personal Finance Sites For Recent Graduates To Read In 2013

This is a list of the 20 best personal finance sites for recent graduates to read in 2013 and learn everything they should have but didn’t in school about managing their money! If you are a recent graduate looking to join the real world but have no idea what a Roth 401k is or how to payback your student loan while still having a life? The writers of these blogs have been there and share with you some valuable tips. By adding these 20 blogs to your Google Reader you will be entertained and financially literate by by the end of 2013! […]

By admin|January 9th, 2013|Pay Off Student Loans|5 Comments

7 Ways 20 Somethings Can Save Money to Pay Off Student Loans

More than 37 million Americans who have taken out student loans to pay for their higher education now find themselves mired in debt during a slow economy where quality jobs are scarce. Here are 7 ways 20 somethings can save money to pay off student loans. […]

By Tracy|December 21st, 2012|Pay Off Student Loans|0 Comments

Should you Pay Off Student Loans or Save

There are differing opinions on whether or not you should pay off student loans as quickly as possible, start savings for your future or do both. For graduating students trying to make sense of the financial situation they find themselves in can be difficult. This article goes over each of the 3 options graduating students face… Pay off student loans as fast as possible Start and build a savings account before paying off student loans Pay off student loans fast but set up your savings account & automate small monthly savings deposits […]

By admin|December 14th, 2012|Pay Off Student Loans|9 Comments

Best Consolidation Companies