Category:
Students

What is a Stafford Loan?

By Bill Fay | June 27, 2017

Stafford loans, also known as William D. Ford Federal Direct Loans, are by far the most common type of student loans with 32.8 million recipients borrowing a total of $705.3…

Table with school supplies scattered and sticky note that says Fafsa Pell Grant

Pell Grants

By Bill Fay | June 16, 2017

A Pell Grant is the gold-plated financial award at colleges and universities for a lot of reasons, the most obvious one being it is money for tuition, room and board that doesn’t…

There are many different types of educational scholarships that you can use to aid in your journey

Scholarships & Grants for College Students

By Max Fay | June 15, 2017

When an 18 year old is concerned about budgeting, you know the cost of college tuition is getting out of hand. A new survey conducted by the Princeton Review says…

Over 4 million Americans have defaulted on their student loans. Here are some ways to take control of your student loans.

Using Rehabilitation Loans for Student Loan Default

By Bill Fay | May 20, 2017

Tens of millions of Americans struggle with a mountain of student loan debt and each year huge numbers simply stop making payments and end up in default. That is a…

Flow chart showing different branches of student loan repayment options

Income-Based Repayment of Student Loans

By Max Fay | May 18, 2017

Finding a decent solution to paying off student loan debt is becoming almost as difficult for college graduates as finding a decent job. The federal government defaults every student loan…

If you are facing a partial financial hardship, this plan offers you the lowest monthly payment amount of the repayment plans based on your income

PAYE vs REPAYE: Pay As You Earn Student Loan Repayment Plans

By Bill Fay | May 17, 2017

After providing an endless supply of loan opportunities to help students solve the problem of paying for a college education, the federal government was faced with the obvious follow up:…

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Public Service Loan Forgiveness

By Bill Fay | April 25, 2017

The Public Service Loan Forgiveness program was created in 2007 to offer federal student loan borrowers an incentive to choose careers in government, public service and nonprofits. And with that…

Empty College Classroom Blurred

Students & Debt

By Bill Fay | April 16, 2017

TOTAL U.S. STUDENT DEBT $0 Trillion STUDENT DEBT ACCRUED EVERY SECOND $0 AVERAGE STUDENT DEBT 2017 $0 Financial Aid & Student Loans The average college tuition cost ranges from $9,410…

FAFSA Benefits Students

Changes to FAFSA Benefits Students

By Max Fay | October 25, 2016

You’re a college student, and life feels grand. You have your classes picked out for next semester, and you’ve signed a lease through next year. Everything is falling into place.…

How well are students keeping up with their student loans?

Who’s Paying For Student Loans

By Bill Fay | June 1, 2016

Now that the college graduation parties are over, parents and students can sit down and have a serious talk about who’s going to pay for it. College, that is, not…