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...

Should I Refinance During the Student Loan Interest Waiver?

Mar 27, 2020 | News

The U.S. Department of Education’s suspension of student loan interest doesn’t necessarily translate into an opportunity to refinance your federal student loans, but it may be an opportunity to secure a lower interest rate for your private loans. Keep in mind that...