Student Aid Loans and Repayment

Student aid for education may be confusing. How do you avoid all that student aid confusion to begin with? Save enough for college so you don’t need it.

But, that may not be practical for many. How do you prepare yourself, or your children, for the financial aspects of a college education? What kinds of aid are there? Who gets aid? How do you apply for aid? How do you avoid student aid scams? How do you estimate how much aid you may get? And after you finish with your education … how do you pay it back (what programs are there to help you)?

Answers to all these questions are found consolidated on one government website. Simply click on the tab that represents where you are in the process and go from there.

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6 Responses to Student Aid Loans and Repayment

  1. Larry Frank, Sr. August 27, 2014 at 2:49 pm #

    Already have student debt? Here are a couple sites and calculators that may help:

    http://www.consumerfinance.gov/paying-for-college/repay-student-debt/#Question-1

    http://mappingyourfuture.org/money/studentdebt.cfm

  2. Larry Frank, Sr. October 4, 2014 at 3:49 pm #

    Great brief overview of student loans

    http://wealthmanagement.com/college-planning/most-attractive-student-loans

  3. Larry Frank, Sr. October 23, 2014 at 8:50 am #

    A CFPB resource for student debt repayment options
    http://www.consumerfinance.gov/askcfpb/633/what-income-based-repayment-ibr.html

  4. Larry Frank, Sr. December 13, 2014 at 8:12 am #

    Here’s a warning by CFPB: Consumer Advisory: Student loan debt relief companies may cost you thousands of dollars and drive you further into debt

    http://www.consumerfinance.gov/blog/consumer-advisory-student-loan-debt-relief-companies-may-cost-you-thousands-of-dollars-and-drive-you-further-into-debt/

  5. Larry Frank, Sr. February 17, 2016 at 1:12 pm #

    Why Consolidating Student Loans Through Refinancing Can Do More Harm Than Good by Kitces … an excellent summary of choices and consequences.

    https://www.kitces.com/blog/federal-direct-consolidation-loan-why-its-often-better-than-student-loan-refinancing/

  6. Larry Frank, Sr. June 18, 2016 at 11:16 am #

    The repayment estimator is an excellent tool for students, or a visitor in general, to compare various student loan repayment options and then click through to how to begin with the option of choice

    https://studentloans.gov/myDirectLoan/mobile/repayment/repaymentEstimator.action#view-repayment-plans

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