Temporary 0% interest due to COVID? Student Loans |
- Temporary 0% interest due to COVID?
- Can you still get offered loans in your second year if you decline them in your first year?
- Student loans that don't require US residence?
- If I pay off my entire student loan of $3500 (plus interest) is that tax deductible in any way?
- Re-Financing Advice
- Need advice in how to refinance and consolidate students loans?
- Graduating Soon... Need Advice
- When do we complete the Mastery Promissory Note for loans on FAFSA?
- 28f, taking out loans for an MPA. I do at some point want to have children, probably after a year or two working post graduate..what happens to my loans during maternity leave ?
- Letters to refinance student loans
- American born Canadian citizen. Have been living in Canada since I was 4. About to go to professional school in the states. Questions
- Navient deferring coming to an end possibly
- DTI for Refinance
- Should I take Unsubsidized Federal Student Loans to build credit?
| Temporary 0% interest due to COVID? Posted: 29 Apr 2021 05:26 PM PDT I'm an incoming college freshman for 2021-22. I am planning on taking out the max amount of both subsidized and unsubsidized federal loans (total 5,500). According to studentaid.gov, there's a 0% interest and suspension of payments that will last at LEAST through Sep. 30, 2021. Does this mean if I take out my loans before then, the interest rate will be 0%? Apologies in advance if this has been answered already, or the answer is obvious. I'm a first gen college student and navigating this entire process on my own. Thanks! [link] [comments]  |
| Can you still get offered loans in your second year if you decline them in your first year? Posted: 29 Apr 2021 06:45 PM PDT So I'm an upcoming freshman at UC Irvine, on their financial aid page I was offered subsidized and unsubsidized loans for the 2021-2022 year. My parents are willing to pay my remaining net cost for my first year, so I want to decline the loan offers. Will I be able to be offered the loans again in my upcoming years of college? [link] [comments]  |
| Student loans that don't require US residence? Posted: 29 Apr 2021 08:40 PM PDT I'm a US citizen living abroad with no US residence, I qualify for a student loan with a cosigner, but all of the loan companies I've found require proof of US residence, which I can't provide (neither for me nor for my cosigner) so my question is: are there any student loan companies that will provide a loan without proof of US residence? [link] [comments]  |
| If I pay off my entire student loan of $3500 (plus interest) is that tax deductible in any way? Posted: 29 Apr 2021 07:54 PM PDT The title says it all, but thanks for answers in advance! [link] [comments]  |
| Posted: 29 Apr 2021 05:50 AM PDT Can anyone give me any advice on how re-financing their private loans helped their situation or maybe eased their mind about their loans? I have about $115k in loans from Sallie Mae and want to re-finance and want to know some success stories to point me in the right direction, if possible. Thanks in advance :) [link] [comments]  |
| Need advice in how to refinance and consolidate students loans? Posted: 29 Apr 2021 08:56 PM PDT Hi, I'm a nurse. I graduated last year and have a full time job. I have a decent pay and good credit score. When trying to consolidate my loans which are absurdly HIGH like 12% from discover. They denied me. Not sure why or how. So what other companies are good for refinancing with lower APR rates and consolidation? I can't keep paying this outrageous amount. [link] [comments]  |
| Graduating Soon... Need Advice Posted: 29 Apr 2021 08:05 PM PDT Hi everyone, I am graduating with my masters degree at the end of May and have accrued federal loans from both my undergraduate and graduate institutions; around 100K. When I compare repayment plans on the FSA website IBR, REPAYE and PAYE plans look pretty good at face value. However doing some research through these threads and other sites I've read mixed reviews. I have secured a job that will start me around 52K for consideration. If anyone has any advice, information or direction to other links that could help me out I would really appreciate it. [link] [comments]  |
| When do we complete the Mastery Promissory Note for loans on FAFSA? Posted: 29 Apr 2021 07:46 PM PDT |
| Posted: 29 Apr 2021 05:33 PM PDT I don't want to have to be a woman that chooses between having a fulfilling career and children. I know that I definitely want to finish my program and work to pay off loans a bit (and hopefully find a good job) but biologically, it'll make sense for me to start thinking about having kids around 32-34. My biggest concern is I am taking out federal loans to pay for school,and I don't know how I am supposed to make payments during the time I have to take off work for maternity leave / early childhood. I don't really know many people in these shoes personally who I can ask. I also think I need to go to graduate school because at me and my partner's current income level, raising children would be difficult. Would appreciate any experiences, insight and advice. I know very little about student loans as I haven't been given my award package yet - which loan repayment plan do you think is best for parents ? [link] [comments]  |
| Letters to refinance student loans Posted: 29 Apr 2021 05:03 PM PDT I've been receiving letters in the mail from various companies, one of which I remember off the top of my head is Splash Financial, about refinancing my student loans. Is this something worth doing and if so are these companies typically the best place to do so? Currently a 2L in law school and have some FAFSA loans that I wish were not there. Thanks! [link] [comments]  |
| Posted: 29 Apr 2021 03:29 PM PDT Hey all please bear with me for a few moments. I'm an American Born but have been living in Canada since my childhood. I'm going to med school in the states and require Federal Aid funding. I need both the unsubsidized and direct plus loan. My FAFSA has been submitted and I have recived an SAR which is stating my application is in verification. My school just received my verification of citizen ship form I filled out for them. My two biggest question marks The MPN require a reference ( one of them being a parent) with a us address. My parents have been in Canada with me for the past 16 years so how would I go about filling out the this section of the MPN? Secondly, I have gathered a Canadian credit check through equifax.ca.... how do I get this credit check to the FSA so that I may be credit approved for the direct plus loan. Does the FSA have my credit history already although I have been living in Canada all my life?! I'm so sorry for all these dumb questions. This is the first time I'm applying for federal goverment loans as I have done my school this far in Canada. Are there ANY dual citizens that have lived in Canada out there that can help me figure out this stuff? [link] [comments]  |
| Navient deferring coming to an end possibly Posted: 29 Apr 2021 05:49 PM PDT TL;DNR - Loans deferred for about two decades, never defaulted but I'm afraid the end of deferring might be coming to an end. I have $100k - $110K in student loans that Navient is serving. I graduated in early 2000's so it's old debt. I gave been doing forbearance for as long as I can remember (at least a decade ++). With this debt I was able to buy a home with the ex wife years ago by deferring it for twelve months and the bank doesn't count it as debt for your dti ratios. I've been deferring it since covid started as I was unemployed. Now I'm employed and my new payment is due in May I'm currently employed as of March. At this stage I don't know if I'll be allowed to continue deferring the loan. This makes me think I'll never be able to buy a house by the time my career winds down (I'm 50). I've never defaulted on them but my credit report shows one late for the student loans. I'm guessing it has to do with the last time I deferred it last year I must have put deferring it by a month. I've always thought that I'll defer it for life or as long as I can and sc.rew the interest as I don't see it ever being paid off in my lifetime even if I would start making payments. So my question, point of discussion:
Thoughts? [link] [comments]  |
| Posted: 29 Apr 2021 05:41 AM PDT About a year ago I tried to refinance my student loans as my interest rates through SallieMae are insane (varying from 9-12%). When I tried to refinance last year my debt to income ratio was too high so I wouldn't qualify. Since then, I've gotten a better job, and stayed at my old job part time so my income has gone up a lot and I've been able to put an extra $1,500 a month into my loan with the highest interest rate. This one should be paid off by the end of the year at the latest. Even after it's paid off my debt will still be more than my annual take home pay though. After this loan is done with I was going to look into refinancing again but I was wondering if there was a certain level of debt to income ratio where you are most likely qualified without a co-signer. (my mom has terrible credit which got me my high interest to begin with and she also makes less than me now so I'm not sure it would even help my case.) My credit score is currently sitting around 720 and I haven't missed a payment on any of my loans since I've been in repayment if that makes a difference too [link] [comments]  |
| Should I take Unsubsidized Federal Student Loans to build credit? Posted: 29 Apr 2021 12:59 PM PDT I am being offered $2000/yr in unsubsidized federal student loans which my parent can easily afford to pay outright. Should I take the loan and pay it off in 2 months to build credit, or is it just a waste of time? Edit: wrong $ amount. [link] [comments]  |
| You are subscribed to email updates from /r/StudentLoans: Reddit's hub for advice, articles, and discussion about educational loans. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment