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Articles by Jill A. Chafin
How to Make Principal-Only Payments on Student Loans
January 22, 2023
Knowing how to make principal-only payments on student loans can reduce your amount of paid interest, helping you get out of debt faster. But although... read more
Going Back to School as an Adult? Here are Grants and Scholarships for Returning Students
January 22, 2023
If you’re going back to college as an adult, you may be eligible for grants and scholarships for returning students. You can also apply for... read more
What Can You Use Student Loans For?
January 17, 2023
Technically, you’re supposed to only use student loan funds on qualified educational expenses, such as tuition, books, and room and board. However, lenders rarely track... read more
What is an Expected Family Contribution (EFC) or Student Aid Index?
January 11, 2023
The Expected Family Contribution (EFC) is a number calculated by the government and helps determine how much financial aid you could receive for the upcoming... read more
The Complete Guide to Federal Student Loans
November 30, 2022
For students who need to fund their college education, federal student loans are more advantageous than private student loans. The reasons include lower interest rates,... read more