A Proposal to Radically Simplify Student Loan Payments By Karen Weise March 24, 2014 Whether students leave college with a degree or without one, they face a dizzying array of challenges—where to live, how to get a job, and increasingly, how to repay their loans. Five organizations, including the National Association of Student Financial Aid Administrators and Young … [Read more...] about Simplify Student Loans
If you are having financial difficulties… Because there are serious consequences for falling behind on your payments, contact your loan servicer immediately. They can help you develop a plan to bring your loan current again. Source: https://www.collegeanswer.com/manage-your-money/manage-student-loans/student-loan-repayment-options/ … [Read more...] about Repayment
Calculators Repayment Amortization You can estimate your payments with various interest rates and loan terms using this calculator. Repayment Plan You can estimate your payments under various repayment plans using this calculator. Income-Based Repayment This calculator can help you determine if you qualify for the Income-Based Repayment(IBR) plan. IBR is designed to make … [Read more...] about Helpful
Take a Break from Payments Both deferments and forbearances give you a break from monthly payments for a set period of time. Many options are available to meet a variety of needs. If you are having difficulty making payments and want to see which options fit your specific situation, log in to your account and click Postpone My Payment to see which deferment or forbearance works … [Read more...] about A Break From Payments
Worksheets, Resources, and Tips Budgeting Worksheet Manage your budget and get on the right track using this itemized worksheet. Budget Strategies Good intentions aren't enough. Try these strategies to save money for your future. Managing Your Money Achieve financial wellness with these nine money-saving tips. Credit Card Tips Credit cards help establish … [Read more...] about Planning