Save Repayment Plan is Halted
June 26, 2024
On Monday, 6/24/24, two different federal judges halted the second rollout phase of the SAVE repayment method. The second phase was to be implemented on
Read More »
IDR One-Time Adjustment Deadline Extended until June 30th, 2024
May 16, 2024
The Department of Education (DOE) announced on May 15, 2024, that it will extend the consolidation process for the IDR One-time Adjustment program. The program’s
Federal Student Loan Interest Rate for 2024-25
May 9, 2024
The Federal government has determined the Federal Direct Student Loan interest rates for the school year 2024-25, and they will be higher. This will be
PSLF Servicing Advice is Being Centralized At FSA
April 5, 2024
The Department of Education (DOE) announced that PSLF Servicing Advice is being centralized at the FSA (Federal Student Aid) office through the StudentAid.gov website. The
More FAFSA Issues That May Delay Award Letters
April 5, 2024
On Monday, the Department of Education (DOE) announced more FAFSA issues that may delay award letters for this year’s entering college students. In addition to
FAFSA Delays Are Impacting College Admissions
March 24, 2024
Are FAFSA delays causing a domino effect in college admissions? For the high school class of 2024, the launch of FAFSA Simplification is causing additional
Decoding the Financial Aid Award Letter
March 23, 2024
Parents and students often find it challenging to understand the financial aid award letters they receive from each college. PayForED has developed college funding and
Parent PLUS Double Consolidation Loophole: A Comprehensive Guide
February 26, 2024
Are you a parent struggling to juggle multiple student loans? The Parent PLUS Double Consolidation Loophole might be the answer you’ve been looking for. This
Paying For College
5 Steps in Paying the College Tuition Bill
For students and parents, the bill for college tuition may have already arrived or will be arriving shortly. Before paying it, review the invoice carefully
July 25, 2026
Paying For College
10 Tips for Paying for College and Avoiding Excessive Debt (OBBB Updated)
The 2026-27 college bills are arriving, and for many families, paying for college has become more challenging than ever. The One Big Beautiful Bill Act
July 25, 2026
Student Loans
Paying for College: Parent Plus or Private Student Loans
With the first tuition bill due, many parents face a key question: should they fund their child’s education with a Direct Federal Parent PLUS Loan
July 25, 2026
Financial Aid
PayForEd’s Virtual Financial Aid Dates Announced and New Enhancements
PayForEd has a Virtual Financial Aid Resource for families that provides clear information for the current college and student loan landscape. We have upgraded our
July 15, 2026
Paying For College
College Cost Data for 2026-2027 is now available on PayForED!
At PayForED, providing accurate, timely college cost information is at the core of what we do. Our proprietary college database is updated multiple times throughout
July 10, 2026
Student Loans
Federal Student Loan Interest Rate for 2026-27
The Federal government has determined the Federal Direct Student Loan interest rates for the school year 2026-27, which will be slightly lower. This will be
June 27, 2026
Stay current with us
Join our mailing list and we will periodically send you insightful information concerning the world of college financing. You will also receive our informative newsletter. We will never share your information with anyone.