As you may recall, last year, Congress voted on whether to raise the subsidized Stafford loan interest rate to 6.8%, or keep it at 3.4%. Congress decided to prolong the decision for another year and keep the subsidized interest rate at 3.4%.

Books and supplies add about $600 to $1,200 to your college costs each year. Unlike tuition and fees, however, textbook costs are something you can control by buying and selling cheap textbooks.

Senator Elizabeth Warren has introduced the Bank on Students Loan Fairness Act. This act would allow students to borrow at the same rate as banks, which is about “one-ninth the amount that students are asked to pay”.

To help you decide if this is a good option for your family, take a look at the following tips on applying for and managing your Parent PLUS Loan.

Find out what student loan mistakes may cost you big, and what you can do to avoid them!

To help families through this award letter season, here is a breakdown of how and when to accept—or apply for—all types of student loans.

TweetAs a parent, you are faced with one of life’s greatest challenges: preparing your child for financial responsibility. When your child leaves home for college, they will explore their independence in more ways than one. Learning the financial fac…

Once again, subsidized student loan interest rates are facing an impending increase. Without action, students may see rates double to 6.8% next year. Learn more!

In the spirit of Financial Literacy Month, we want to help you learn to manage your money! To kick things off, here’s a list of some great websites designed to teach you those much-needed money skills!

The financial aid process can be tough to navigate, and like many students out there, you may not know all of the ins-and-outs. That’s why to help you make the most of your financial aid, we compiled a list of some not-so-common facts.