Repay your Direct Loan / Federal Stafford Loan Here are a few details about repaying Direct Loans and Federal Stafford Loans: After you stop attending school at least half time, withdraw, or graduate, a 6-month grace period begins. You receive only one grace period per loan. Repayment begins after the grace period ends, with your first payment usually due 45-60 days … [Read more...] about Loan Repayment
Archives for September 2013
Start budgeting Establishing a budget and sticking to it isn’t easy, but it’s the best way to be in control of your finances and make sure your money is going toward the expenses that matter most to you. Follow the steps below as you set up your own, personalized budget: Make a list of your values. Write down what matters to you and then put your values in order. Set … [Read more...] about Budgeting
What’s the difference between Direct Subsidized Loans and Direct Unsubsidized Loans? In short, Direct Subsidized Loans have slightly better terms to help out students with financial need. Here’s a quick overview of Direct Subsidized Loans: Direct Subsidized Loans are available to undergraduate students with financial need. Your school determines the amount you can borrow, … [Read more...] about Difference between Loans
How can we avoid becoming part of the debt trap? Recognize the Trap. Traps work because they’re disguised – they’re not easily seen or recognized. A trap is a lie. Ask yourself these questions: What’s the lie of debt? How is it disguised? Here’s how it is commonly misrepresented – “You need to build your credit to improve your FICO score., You deserve it!, It’s a part of … [Read more...] about Debt & Savings
10 Tips to Stay on Top of Your Student Loans While You're in School We know there's a lot of information to take in when it comes to your student loans. Here are some tips to help you manage your loans, including ways to save you money while you're still in school. Reveal Stay Connected contentStay Connected Throughout the life of your loan, we'll share important information … [Read more...] about Manage Loans while in school