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On March 26, 2025, the Department of Education reopened the online application for Income-Driven Repayment (IDR) plans for federal studentloan borrowers. This follows a very stressful period for studentloan borrowers. On February 21, the Department pulled down the IDR application.
PROTECT YOURSELF FROM SCAMS INVOLVING STUDENTLOAN DEBT RELIEF YOU ARE YOUR BEST PROTECTION AGAINST SCAMMERS DON’T pay anyone who contacts you with promises of debt relief or loan forgiveness. The application will be free and easy to use when it opens in October. YOU DO NOT NEED TO PAY ANYONE TO OBTAIN DEBT RELIEF.
The deadline to apply to consolidate many older federal studentloans to be included in the one-time payment count adjustment is Tuesday, April 30th. Do I need to consolidate my loans to get additional credit toward debt relief? I have loans I need to consolidate – what do I do next?
On December 20, 2024, the Department of Education announced that it is temporarily pausing the processing of Total and Permanent Disability (TPD) discharge applications. To cancel loans under the TPD program, the borrower must be totally and permanently disabled and unable to engage in any substantial gainful employment activity.
What are the COVID-19 studentloan relief deadlines for federal debt repayments? You may have heard some studentloan servicers are closing shop — when does that happen? Over next two years: Many federal studentloan servicer contracts due to expire. 1: Free Application for Federal Student Aid (FAFSA) opens.
Heres how you can begin today: Learn the Basics of Financial Aid One of the most important tools in the financial aid process is the FAFSA (Free Application for Federal Student Aid). This form determines your eligibility for federal aid such as grants, work-study, and student loansand many states and colleges use it too.
In November 2022, the Department of Education published final rules that will change regulations governing a variety of federal studentloan cancellation programs as well as how interest impacts studentloan burdens. The new rules will go into effect on July 1, 2023. . Across the board, these rules are a huge improvement.
Many MBA programs also involve exposure to corporate experts and business executives, providing MBA students with a higher level of experience and opportunity than many other masters level programs. MBA programs is that applicants hold an undergraduate degree, usually with a focus on business or commerce. In the U.S., However, non-U.S.
Overview The Department of Education is temporarily pausing processing of PSLF applications & forms PSLF borrowers should download their information from their MOHELA account before April 30th Why is the Department pausing PSLF processing? Is MOHELA still going to service my loans after the transition to the new BPOs?
If your family is navigating the financial aid process, the timing of your application can impact your financial aid strategy, too. Early Action vs. Regular Decision: The Basics Early action applications are typically due in early November and you hear back by mid-December. It’s also non-binding.
Refinancing your international studentloans can be a game-changer in managing your studentloan debt more efficiently and potentially reducing the amount of interest you pay by thousands of dollars. But, what are the steps to refinance, and what challenges do international students face in this process?
Staying organized is key to managing deadlines, essays, recommendation letters, and other essential components of your application. That’s why today I want to share my ultimate college application timeline – and some tips – to help you stay on track! Read one of my blogs here! This usually looks like the SAT or ACT.
From financial aid to the needs of several schools’ admission applications, there’s a lot to pay attention to. Every detail of these applications matters and can make a difference between being accepted and being denied the news you so desperately want! Most students will likely apply to schools on this deadline!
The applicant pool could be more competitive. ED admission results are usually sent by December, far ahead of the typical March or April timeline for regular applications. If the financial aid package falls short, you’ll likely need to take out studentloans or break your binding agreement. Is early decision worth it?
Blogs Your studentloan payments are due: 3 strategies to support community college students’ financial wellness When I think back to my time in college, studentloans were something that nearly everyone had, but not something any of us fully understood. They were a necessary evil to be addressed “later.”
Studying abroad offers countless opportunities for personal and professional growth, but financial constraints can hold many students back. In this blog post, we’ll guide you through the world of finding financial aid for international students, exploring scholarships, grants and studentloans to make your dream of studying abroad a reality.
Students and graduates needing to find a cosigner for studentloan aid typically ask Mom or Dad. But if your parents aren’t an option, you’ll be happy to know that private lenders are often flexible about who can serve as the guarantor of your loan agreement. How to find a cosigner for a studentloan, beyond your parents.
Starting early means youll be prepared when the time comes to submit your applications. The FAFSA is one of the most important applications youll fill out, and it opens every year on October 1st. This will make filling out your FAFSA or scholarship applications a lot easier.
Its never too early to start getting ready for college financial aid applications. Get Familiar with the FAFSA The FAFSA (Free Application for Federal Student Aid) is your golden ticket to need-based financial aid. Heres some of my tips on application deadlines! Here are more tips on finding scholarships.
But the reality is that there are no income limits with the Free Application for Federal Student Aid (FAFSA); any eligible student can fill out the FAFSA to see if they qualify for aid. While some aid is based on financial need (such as subsidized loans and Pell Grants), other aid is not (such as unsubsidized federal loans).
Federal studentloans are a popular way to pay for college since they offer low-interest rates and flexible repayment terms. However, the Department of Education sets studentloan limits, restricting how much you can borrow per year and in total throughout your entire educational career. Federal studentloan limits.
StudentAid.gov/articles is your one-stop shop for a wide range of topics, including but not limited to the proper way to fill out the Free Application for Federal Student Aid (FAFSA®) form; what happens to your studentloans when you get married; and how to protect yourself from studentloan scams.
Blogs Adult learners: who they are and what they want from college Across the last few years, colleges and universities have increasingly prioritized adult learner enrollment to offset declining undergraduate enrollment and diversify revenue streams.
However, one tool that can make this journey smoother is often right at your student’s fingertips: the college portal. Your student’s ability to regularly monitor their college portal is essential to their application process, especially when it comes to staying updated and informed about financial aid tasks and deadlines.
Studying abroad allows students to engage with and learn from people from different cultures and walks of life and expands understanding of the world. Financial reasons While higher education abroad can be expensive, overseas institutions may offer scholarship programs and studentloans that home countries simply cannot afford to provide.
LendKey Scholarship Program LendKey connects students with credit unions for in-school loans and studentloan refinancing options. Students can also find plenty of valuable information and resources on LendKey’s blog!) Applications are open May 1 – May 29 at [link]. GPA on a 4.0 scale (or equivalent).
Do you already know that when the national pause on studentloan payments ends you’ll be faced with monthly payments you can’t afford? Want a solution that leads to affordable payments and potentially even studentloan forgiveness? Are you on a tight budget? What Is an Income-Driven Repayment Plan?
Be Prepared for a Fast Financial Aid Application Cycle It’s a well known fact that the “early bird gets the worm” and as I’ve talked about often on the blog, the earlier you submit your financial aid paperwork, the better chance you have of more funding for college. What Does It Mean for the FAFSA This Year? Still Want More Help?
In this blog post, we’ll guide you through the essential steps to make your study abroad dreams a reality. From understanding federal and private studentloans to exploring alternative funding options, we’re here to help you navigate the world of finance for studying abroad and make informed decisions every step of the way.
From admission applications to financial aid forms, staying organized and aware of key dates is crucial when you’re applying for college. This guide outlines the essential deadlines you need to know to master the college timeline and ensure a smooth application process. Pay close attention to when you can submit the applications.
Make sure you apply for as many as you can – because the more applications you have, the greater your chances of being awarded one. They’re a beneficial form of funding for international students because they do not have to be repaid. There are mainly two types of loans: government or federal education loans, and private studentloans.
A Soft Launch of This Year’s Financial Aid Application is Causing Frustration For months, parents, students, and financial aid experts alike have been waiting for the 2024-2025 FAFSA to go live. The Education Department opened the FAFSA this month – in a soft launch that’s causing confusion and frustration for applicants.
This includes finding out which companies offer scholarships, their eligibility requirements and when the deadline is to submit your application. To give you a head start, we identified 25 major companies that give scholarships to college students. In the past, applications were available from November through February.
Why You Should Respond to Financial Aid Verification Requests Quickly Throughout the college admissions and financial aid application season, one of the most worrying emails you can receive is a request for more information. This does not mean that your student’sapplication has any issues. Read why in today’s blog post!
There’s an application process and forms you need to file to pay for your college education. Before you begin applications this fall as a high school junior, there’s a few things you should know! The application for the 2025-2026 cycle should be online October 1, 2024. The early bird gets the money!
All of us want you to feel more confident about the entire financial aid process, so that you can feel better through the next few years of college applications and acceptance. All Things FAFSA: FAFSA stands for Free Application for Federal Student Aid. Learn more about how to talk with your student about paying for college.
In this blog post, we’ll explore the different types of scholarships available for undergraduate and graduate students enrolled in a variety of engineering fields, along with tips for applying and alternative funding options. Here’s an example of a merit-based award: the Engineering Excellence Scholarship (Overseas Students).
If you’re a non-custodial parent, here’s what’s required to complete the CSS Profile: Start the CSS Profile by navigating to cssprofile.org , select the appropriate application award year, click sign-up, and create an account. However, you will not be required to provide information about your student here.
High school juniors are beginning to get their college application journey started. But until then, it can feel chaotic and overwhelming – especially to those juniors who are figuring out their college application to do list. What are your application deadlines? All of these events (including the basketball tournament!)
The application involves essays and reference letters, both of which can be written in English or Spanish. Tips to make your scholarship application stand out. Submitting an incomplete application is a recipe for disaster. Approach them well in advance to avoid any delays in the application process.
The FAFSA: Your First Step to Financial Aid The Free Application for Federal Student Aid (FAFSA) is your starting point. It opens doors to federal grants, loans, and work-study opportunities. If you want to read some of my tips to prepare for the 2025-2026 FAFSA, check out recent blogs here! The good news?
This has been the biggest update in 40 years for the FAFSA and we’re all ready to see what the new application looks like. Here’s what we do know about the updated FAFSA and your student’s college financial aid process so far: Applicants will be able to pull data from their tax returns. Are there any format updates to the FAFSA?
How to Start Preparing for College Applications in the Fall High school juniors are now halfway through their junior year of high school. As of this moment, they have only eight or nine months left to complete preliminary activities before your application. re your application.
Even a small award can reduce the amount you might need to borrow in studentloans. Additionally, Cappex offers advice on the college application process , including college reviews, admissions and an overview of the different majors. And remember, even small scholarships can help reduce the amount you take out in studentloans.
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