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Understanding Subsidized Student Loans
A pandemic-era student loan benefit ends after Monday. Here’s what borrowers need to know
The end of the grace period comes as the fate of a generous student loan repayment plan, created by the Biden administration last year, is uncertain. The SAVE (Saving on a Valuable Education) plan is currently on hold as litigation plays out. A hearing is scheduled for October 15 at the 8th US Circuit Court of Appeals.
Two Major Student Loan Benefits Will End This Week. Here's What to Know
If you have federal student loans, two important benefits are ending this week: the student loan repayment "on-ramp" and the Fresh Start program.
Understanding Subsidized Student Loans: Key Benefits and How To Apply
To apply for a subsidized student loan, follow these steps: Complete the FAFSA: You must submit a completed FAFSA form. The information you provide through the form is used to determine whether or not you qualify for subsidized student loans and any other federal aid.
Student Loan Cancellation Affects These States Most
In total, 3.6 million borrowers will have had $127 billion in debt wiped out since President Joe Biden took office.
Some of the nation's top colleges are eliminating student loans
In the wake of the battle over student loan forgiveness, a growing number of colleges are eliminating education debt from the outset. Roughly two dozen schools now have "no-loan" policies, which means they will meet 100% of an undergraduate's need for financial aid with grants rather than student loans.
Understanding Capitalized Interest: What It Is and Its Impact on Your Student Loans
Interest capitalization can make your student loans even more expensive than they already are. Interest, which is the cost of borrowing money, accrues on most types of student loans from the date they're disbursed.
12h
The grace period for student loan payments is over. Here’s what you need to know
The 12-month grace period for student loan borrowers ended on Sept. 30. The “on-ramp” period helped borrowers who are ...
2d
What is FAFSA and who is eligible for federal financial aid?
FAFSA serves as the primary application for federal student aid, which is administered by the Department of Education.
3d
Pandemic-era student loan grace period ended Sept. 30. What it means for you
About half of borrowers took advantage of the grace period, where missed or late payments wouldn't impact your credit score.
3d
After bungling financial aid process, Ed Dept. begins testing new FAFSA
The new FAFSA form rolls out Tuesday to a select group of students in order to test fixes to college financial aid system, ...
4d
Deadline for some federal student loan borrowers to get out of default ends Tuesday
The deadline for some federal student loan borrowers to get their loans out of default is Monday. The U.S. Department of ...
20h
on MSN
President Biden’s Student Loan Forgiveness: The Plan Explained
President Biden’s student loan forgiveness program had its restraining order lifted, allowing the Biden administration to ...
7d
New federal student aid application sees 9% decline in submissions, report says
U.S. Sen. Joni Ernst says she’s seeing increased support for a bill she introduced last year to reverse the inclusion of ...
Forbes
4d
Key Student Loan Relief Deadline For Fresh Start Extended By Biden Administration
By doing so, borrowers can restore access to
federal
student
aid
, take advantage of affordable repayment programs ...
1d
How To Change Your Student Loan Repayment Plan: A Step-by-Step Guide
If you want to change your student loan repayment plan, here are the steps you'll need to take: Research your options: ...
1h
Judge Halts Biden Student Debt Plan Right After It Was Allowed to Proceed
The ruling was the latest instance of legal whiplash for the over 27 million borrowers who could qualify, and yet another ...
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