Student Loan Refinancing: Variable vs
Fixed Rate
When student loan borrowers are looking to refinance student loans, they typically come across two options: a fixed rate student loan and a variable rate student loan. Variable rate student loans are the most common when refinancing orconsolidating your loans, but fixed rate loans are available.
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The 10 Best Ways to Save Money in College
College can be an enjoyable time for many students, and it can also be accompanied by financial stress. So, keeping track of your finances should be a priority early on. Don’t worry; it is entirely possible to have a great college experience without breaking the bank. You might even be able to build up some savings to help you repay…
How Do I Get My Student Loan Refund Check?
A student’s journey through college comes with a lot of expenses. That’s why students can access refund checks to pay for some expenses. As a result, having a loan refund check becomes very important for many students as the semester begins. Here are some important factors you should know about regarding a student loan refund check. What is a refund…
8 Unusual Sources for College Scholarships
It’s no secret that scholarships and grants can help reduce the need to take out loans to pay for college expenses. What remains a mystery is where to quickly find this “free money” when you’re already in school and preoccupied with attending classes, studying, extra-curriculars — and sleep. Since you can’t spend all your time searching for ways to pay…
5 Steps to Take After Your Student Loans Are Paid in Full
Launch the confetti cannons and blow the party horns — you’ve paid off your student loans! You’ve accomplished a task that may have been 10 or more years in the making. With the average monthly student loan payment hovering close to $400, your last payment likely freed up significant room in your budget. But before you blow those extra funds…
Student Loan Debt & Homeownership: Can They Coexist?
Despite your confidence in your ability to complete a home loan application, you might doubt your ability to actually become a homeowner. This doubt rears its ugly head at the same time each month — the day you make your monthly student loan payment. That hefty monthly payment is already putting a squeeze on your finances, and adding another large…
7 Secrets of Graduating with Less Student Loan Debt
If you’ve accepted your college’s financial student aid package (grants and work-study only) and submitted dozens of scholarship applications to avoid taking out student loans, you may still be shocked when your tuition bill arrives with a balance due. Sadly, you might even feel like it’s your destiny to join the 44.7 million Americans who are struggling to repay student…
Meet Alexis: Who Saved $50,000 By Refinancing Her Student Loans
A typical day for Alexis Kuhner involves tending to her full house of pets and enjoying life with her husband. You can find her reading, exploring the city, or researching their next travel destination. Alexis’s Journey Since graduating from the University of Scranton in 2016, she has assumed many roles in the financial industry and currently resides in Brampton, New…
Tips For an Incoming Freshman From a Soon-To-Be College Senior
College can be the best few years of your young adult life – I know they were for me. My name is Hattie Martin and I am a current junior at the University of Cincinnati. Let’s just say, I have been in your shoes before. This time can be exciting, scary, and every range of emotion in between. The transition…
So You Took A Gap Year After High School…Now What?
Up to 40% of students in 2020 are seriously considering a “gap year”, an extra year off between high school and college. There are many reasons one may choose this route, such as time to earn money for college, acquire new skills, or narrow down one’s career options. Once you’ve come close to wrapping up your time off, you may…
What is the Maximum Amount of Loans I Can Take On?
How can I pay for school? The maximum amount of loans to qualify for depends on your unique financial situation. As you start to apply for student loans, keep in mind that you should only borrow the money you actually need. Don’t get into debt over your head. Are you wondering about the maximum amount you could borrow? Curious about…