An important factor when shopping for student loans is looking at the interest rate. But interest rates can be a little confusing. You may ask yourself questions like: Before you panic, don’t worry. We’ve got your back. To give you an idea of what to look for in interest rates, let’s go over the average …
Continue reading “Average Student Loan Interest Rate in January 2025”
Sparrow and CULCT unite to empower credit unions and drive explosive Gen Z and Millennial membership growth New York, NY June 22, 2023 – Sparrow, a leading financial technology startup that powers student loan marketplaces, is pleased to announce a strategic partnership with the Credit Union League of Connecticut (CULCT) to drive membership growth among …
Collaboration provides credit unions with the ability to reap the benefits of student loans without becoming a student lender. New York, NY June 16, 2023 – Sparrow, an award-winning financial technology startup redefining how credit unions attract and engage the next generation, is thrilled to unveil a strategic partnership with GoWest Credit Union Association, a …
“Can I get a student loan even though I have bad credit?” The simple answer: yes. The more complicated answer: welllll, yes, but it’s going to be trickier. While most federal student loans don’t require you to have a good credit score, or any credit at all, most private student loans, on the other hand, …
Continue reading “How and Where to Get Private Student Loans for Bad Credit”
While a cosigner can help you qualify for loans and get you better repayment terms, that may not be an option for you. If you’re finding yourself without a cosigner, know that it’s okay. There are plenty of student loans you can get without a cosigner. So, let’s get into it. Compare Student Loans without …
Continue reading “Best Student Loans Without Cosigner in December 2024”
LendKey Snapshot LendKey offers both private student loans and student loan refinancing. By connecting borrowers with a network of 100+ lesser-known credit unions and community banks, LendKey allows you to work with smaller lenders with low rates and good customer service, rather than traditional lending institutions. LendKey’s student loan refinance offering is available to graduates …
Continue reading “LendKey Student Loan Refinancing: 2024 Review”
Brazos Snapshot Brazos is a non-profit lender that offers private student loans and student loan refinancing. Since it was launched in 1975, Brazos has focused on bringing transparency and low-cost loans to Texas residents. While Brazos private student loans are only available to borrowers who are residents of, or students in, Texas, the non-profit lender …
Continue reading “Brazos Private Student Loans: 2025 Review”
LendKey Snapshot LendKey offers both private student loans and student loan refinancing. By connecting borrowers with a network of 100+ lesser-known credit unions and community banks, LendKey allows you to work with smaller lenders with low rates and good customer service, rather than traditional lending institutions. LendKey’s student loan offering is available to undergraduate and …
Continue reading “LendKey Private Student Loans: 2025 Review”
EdvestinU Snapshot EdvestinU is a student loan program from the nonprofit New Hampshire Higher Education Loan Corp. They offer private student loans and student loan refinancing to students across the country. In order to qualify for EdvestinU’s student loan refinancing, you do not need to be from New Hampshire or even have graduated school. EdvestinU’s …
Continue reading “EdvestinU Student Loan Refinancing: 2024 Review”
Refinancing your student loans can save you thousands over the life of your loan. By refinancing, you can swap your current student loan(s) for a new loan with a better interest rate or terms. If you have excellent credit or stable income, or a cosigner who does, you may benefit from refinancing your student debt. …
Continue reading “Student Loan Refinancing: Compare 9 Best Lenders”
While an important piece in determining your eligibility for financial aid, Expected Family Contribution, or EFC, is often misunderstood. Here’s what you need to know about Expected Family Contribution for FAFSA purposes. What is Expected Family Contribution? Expected Family Contribution, or EFC, is a number used to determine how much financial aid you are eligible …
Continue reading “What is Expected Family Contribution (EFC)? How Does it Affect Financial Aid?”
Earning a graduate degree is a great way to increase your income potential. In fact, Indeed reported that, on average, the earnings increase from a bachelor’s to master’s degree is roughly 20%. Nonetheless, it can be difficult to understand how to pay for grad school. Graduate school can be expensive. According to FinAid.org, a graduate …
If you want to save money, consider going to community college and transferring to a four-year college after earning all of your General Education credits. Although you may be wondering, “is community college really free?” Over 100 colleges in the United States offer transfer options for community college students, including all of the Ivy League …
Continue reading “Is Community College Free? Yes If You Live in These States”
If you’re a borrower, you may be wondering, “Are student loan payments tax deductible?” For qualifying borrowers, the answer is yes. Student loan payments ARE tax deductible. The student loan interest deduction is a federal tax break that lowers how much of your income is taxed. The federal government created this deduction to assist borrowers …
Continue reading “Are Student Loan Payments Tax Deductible?”
