Types of Loans Available in the Financial Aid Award Letter
February 18, 2022
Over 70% of families finance a portion of their children’s education. Understanding your options, the legal responsibility, and repayment options need to be part of
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Financial Aid Award Letter: What is the difference between a Scholarship and Grant
February 18, 2022
The college financial aid award letters are starting to arrive for college-bound students. The PayForED series on Understanding the Financial Award Letter was developed to
Tax Preparers’ Role in Student Loan Repayment and Forgiveness
February 4, 2022
As the tax season ramps up, tax preparers have a new opportunity to increase revenue by providing a service that can help millions of people.
This Year’s Tax Return is Critical to Student Loan Repayment Restart
January 23, 2022
The recent student loan repayment extension is now set to begin on May 1st and borrowers should begin to properly plan for this repayment restart.
Decoding the Financial Aid Award Letter
January 21, 2022
Parents and students often find it challenging to understand the financial aid award letters they receive from each college. PayForED has developed student loan solutions
Student Success with PayForED’s Student Time Management Planner
January 3, 2022
Finding both cost-saving strategies and a way to navigate college is critical for students trying to graduate on time. It is especially important to the
10 Top Steps to PSLF Limited Waiver Approval
November 15, 2021
In October 2021, the Department of Education announced the PSLF Limited Waiver Program. This new program is designed to correct all of the errors that
10 Most Common FAFSA Errors and Issues
October 26, 2021
The FAFSA completion season is in full swing for families. Each year, as families navigate this process, there are always a few items that change
Student Loans
Federal Student Loan Interest Rate for 2022-23
The Federal Direct Student Loan interest rates for the school year 2022-23 have been determined by the government and they will be higher for the school year
May 13, 2022
Student Loan Forgiveness
PSLF Limited Waiver Borrowers Have Averaged over $120,000 in Student Loan Forgiveness
We are in the early stages of the PSLF Limited Waiver which is estimated to help over 550,000 federal student loan borrowers qualify for Public
March 27, 2022
Student Loan Repayment
New IDR Recertification Dates Due to COVID Extensions
The multiple extensions of the Student Loan National Forbearance has been a great benefit for many borrowers. As the expected 5/1 restart is approaching, borrowers
March 19, 2022
Student Loan Forgiveness
Avoid Forfeiting PSLF Credits
During the COVID National Forbearance, employees of certain non-profits and government agencies have been earning Public Service Loan (PSLF) credit months. For some employees that
February 20, 2022
Paying For College
Top Six Items to Consider when Comparing Award Letters
This year’s college-bound seniors and their families are beginning to compare award letters. Due to COVID, many college financial aid offices will be overwhelmed with
February 19, 2022
Paying For College
Financial Aid Appeal Letter
As many students start getting their college acceptance letters, the reality of paying for college is near. The hopeful scholarships and financial aid may not
February 19, 2022
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