Learn about interest capitalization, when it typically happens, how you can avoid it, and what the exceptions are. …
By Lauren Patten    |
Changes to the program include an expansion of repayment plans, loan types, and payment types that count toward PSLF. Learn how to apply and the deadline to apply by. …
By Meredith Clement    |
MEFA is advising student loan borrowers of a recent wave of student loan debt relief scams using high-pressure sales tactics and promising repayment assistance in exchange for upfront fees.…
By Lisa Rooney    |
Read one woman's story of how she fits student loan payments into her budget and learn how you can make repayment work with your larger financial goals. …
By Lisa Rooney    |
Get answers to questions on Federal Direct Student Loans, the PLUS Loan, co-borrowers, loan amount and timing, loans for multiple children, repayment, and credit. …
By Meredith Clement    |
Learn if you can set up a monthly auto-pay, how early you can begin repayment, if there's a penalty for repaying early, how many servicers you may have, and how to consolidate. …
By Meredith Clement    |
Learn about student loan deferment, if it could impact your credit score, what to consider when deferring, and how to request deferment. …
By Lisa Rooney    |
Prepayments will now count as a qualifying payment, lump sum payments will now count for as many qualifying payments as they cover, and borrowers must now complete only one form to apply for loan forgiveness. …
By Shaun Connolly    |
Assistance to students includes help if a student withdraws from college due to COVID, suspension of payments and interest on Federal Direct Student Loans and FFELP Loans, and suspension of wage garnishment. …
By Meredith Clement    |
Learn about common tactics scammers use, how to identify a scam, how to report a scam, and what to do if you've responded to a scammer. …
By Lisa Rooney    |