Are you in the right repayment plan?

Jul 22, 2020 | Financial Literacy, News, Student Loan Repayment Assistance

Millions of Americans are unemployed right now. Federal direct student loans are in a temporary forbearance due to the CARES Act, but that will end in September. Now is the time to review your current financial situation and determine whether or not you’re in the...

Nelnet and Great Lakes will no longer service federal student loans!

Jul 6, 2020 | General, News, Student Loan Repayment Assistance

If you have Nelnet or Great Lakes for your federal student loan servicer, you will soon be receiving a new servicer. Nelnet and Great Lakes, which collectively manage federal student loans for approximately 13 million student loan borrowers, will no longer service...

Beware of Recent Student Loan Scams

Jun 9, 2020 | Financial Literacy, News, Schools, Student Loan Repayment Assistance

Warnings have been released by the Federal Trade Commission (FTC) and The Better Business Bureau (BBB) about student loan scams targeting students. COVID-19 Relief Fund Phishing Emails The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed with...

Student Loan Interest Rates Expected to Drop

May 18, 2020 | News

Federal Student Aid announced last Friday that student loan interest rates will be dropping for new Direct Loans disbursed for the 2020-2021 school year. Interest rates are determined annually and set for a 12-month period. Rates are determined by a formula tied to...

Answers to your CARES Act Questions

Apr 3, 2020 | News, Student Loan Repayment Assistance

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Largest Aid Package in History Includes Student Loan Relief and Employer Contribution Benefits

Mar 27, 2020 | News

Today, President Trump signed a historic $2 trillion stimulus bill into law that was passed by unanimous consent in the House hours earlier. The Coronavirus Aid, Relief, and Economic Security (CARES) Act suspends federal student loan payments for six months until...