ALT So Your Loan Was Transferred - What's Next?
ALT Join Us for Our Upcoming Webinar. What You Need to Know About The Federal Student Loan Process. Tuesday, Feb. 28, 2023, 6 PM Eastern Time. Learn how federal student loans can help cover your costs for college or career school. Topics that will be covered include the loan application process; the federal student loan programs available; avoiding default; the PSLF Program; and scenarios, tips, resources, and more!
ALT What time does the 2023-24 FAFSA form launch? Pacific time Sept. 30 10:00 p.m. Mountain time Sept. 30 11:00 p.m. Central time Oct. 1 12:00 a.m. (midnight) Eastern time Oct. 1 1:00 a.m.
ALT Steps to Consolidate Your Federal Student Loans If you’ve decided consolidation is right for you, log in at studentaid.gov to complete your application. While applying, you can select the repayment plan and loan servicer for your consolidation loan. In about six weeks, your application will be processed. Reach out to your loan servicer to check on the status of your application. About two weeks before your new consolidation loan is disbursed, you will receive a Loan Summary Statement with the total amount of your new consolidation loan, new weighted average interest rate, repayment schedule, and repayment term.
ALT Making informed buying decisions puts you on track to reach your financial goals.
ALT Exploring Repayment Plans Find out your payment estimate for the Standard Repayment Plan, Extended Repayment Plan, Revised Pay As You Earn Repayment Plan and Income-Contingent Repayment Plan by clicking the link to Loan Simulator.
ALT Join Us for Our Upcoming Webinar What to Know About Public Service Loan Forgiveness THURSDAY, JUNE 30, 2022, 8 P.M. EASTERN TIME Learn about the changes to the Public Service Loan Forgiveness Program, including the limited Public Service Loan Forgiveness waiver, the Public Service Loan Forgiveness Help Tool, and additional resources to navigate the application process. Your questions will be answered in real time via chat.
ALT 6 Tips for Creating a Spending Plan Decide on a system to track and organize your spending and financial records, so you’ll have all your financial information in one place. Record all your expenses, big and small, in a notebook, on your phone, or in an app. Involve your family in the budget planning process and determine if any income may be available from family sources. Prepare for the unexpected by setting saving goals to build your “unusual” or “emergency” fund. Stretch out any student aid funds you receive for education-related expenses, so they last for the full semester or term. Make sure to comparison shop to get the best value when you need to purchase expensive items.
ALT Common FAFSA Form Errors Not creating a username and password (FSA ID) Not reading FAFSA form definitions carefully Not reporting required information Not signing the FAFSA form
