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Articles by Jill A. Chafin
What Is a Student Loan Payoff Letter and Why Do I Need It?
January 24, 2020
A student loan payoff letter, also called a payoff statement or loan verification letter, outlines your loan’s essential details, including the balance, payoff date and... read more
How to Get Financial Aid for Graduate School
January 24, 2020
Can you get financial aid for grad school? Yes, you can use grants, scholarships, work-study programs and assistantships to help pay for your grad school... read more
IBR vs. ICR: Which Income-Driven Repayment Plan Is Right for You?
January 23, 2020
An income-driven repayment plan can lower your monthly payment and extend your repayment term. Two popular options include Income-Based Repayment (IBR) and Income-Contingent Repayment (ICR).... read more
What Happens to Student Loans If You Move Abroad?
December 20, 2019
While moving abroad can open doors for new adventures and give you a fresh start, it doesn’t allow you to escape your student loan debt.... read more
Deferment vs. Forbearance for Student Loans
May 10, 2017
Student loan deferment and forbearance can both postpone your payments, offering immediate financial relief without jeopardizing your account. Deferment also typically pauses your interest, making... read more