How to Prepare for the End of COVID Student Loan Forbearance

Since March 2020, student loan borrowers have been given a break from paying their federal student loan payments. When the COVID-19 pandemic hit the U.S., the government passed the CARES Act, a federal stimulus package designed to bolster the economy. It gave student borrowers financial relief by placing their payments in forbearance and slashing interest rates to 0 percent. That pause on payments has been extended several times, most recently in late December 2021 with student loan forbearance now scheduled to end on May 1, 2022. That gives borrowers time to…

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Top Benefits of an Education Loan

Education is the movement from darkness to light – a famous and equally true statement. Granted, it will cost big money. But that’s what education loans are for – to finance your education and help you make that big jump. Whether you are planning your education in India or abroad, an education loan will go a long way to finance your education with minimal hurdles. The biggest benefit of an education loan is the funds that are readily available to you. Some other benefits that will incline you to submit your loan…

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10 New Schools Of Specialised Excellence To Be Operational In Delhi From Academic Year 2022-23

Ten new schools of specialised excellence (SoSEs) will be operational in Delhi from the 2022-23 academic session and an Armed Forces Preparatory School (AFPS) will start operating in the Jharoda Kalan area, according to officials of the Directorate of Education (DoE). The total number of SoSEs operational in the academic session will be 31. “Ten more schools across four specialisations (four STEM, two humanities, two performing and visual arts and two high-end 21st-century skills) are being added, while the AFPS will be operational in Jharoda Kalan. Thus, the total number…

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7 Inspiring Student Loan Debt Blogs To Read Right Now

If you’re struggling with debt, you need to check out these 7 inspiring student loan debt blogs ASAP. Each blog is packed with advice, tips, and inspiration by real people who have paid off their student loan debts – fast. Get ready to bring on the motivation! No More Harvard Debt Joe Mihalic’s uber-popular blog chronicled his journey to  “destroy $90k of student debt in seven months.” So, how did Mihalic pay off the $90k debt he accrued while earning his Harvard MBA? His approach was twofold. First, Milhalic increased his income. Next, he made…

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Planning to Take an Education Loan? Here Are a Few Tips

Overview: With the cost of education skyrocketing, educational loans have come to play a pivotal role in many people’s lives. These loans help anyone who wants to pursue higher education. They are most useful when it comes to courses at premier institutions that cost a lot. Parents can afford to send their children for higher education and students can also pay for their own education. These loans can be funded by jobs that they get after completing the course. But educational loans can be a significant burden if they are…

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A STUDENT PERSPECTIVE ON DISTANCE LEARNING

If someone had told me that I would be taking all of my classes online come April, I would have thought they were crazy. Online school has definitely been a change and even a challenge. While at first it was difficult trying to manage Zoom calls, staying focused, and maintaining motivation as a second semester senior, I have learned to adapt to new teaching methods, a very different learning environment, and more independent study. As distance schooling has become “normal,” I feel that it has not only been a learning…

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Indian Government Education Loan Schemes To Help Students Study Abroad : Interest Subsidy

1. Padho Pardesh What are the objectives of the Padho Pradesh Scheme? The objective of this scheme is to awards interest subsidy to meritorious students belonging to economically weaker sections of the notified minority communities as declared in section 2(c) of National Commission for Minorities Act, 1992 so as to provide them better opportunities for higher education abroad and hence enhance their employability. What are the eligibility criteria of the Padho Pradesh Scheme? You should have secured admission in the approved courses at Masters level/Ph.D./M.Phil level abroad courses. You must…

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12 Things To Do Before Student Loan Payments Restart On May 01, 2022

Initiated as a COVID-19 emergency relief measure in early 2020, the student payment pause has been extended several times over the past two years. The latest extension was announced by President Joe Biden in mid-December 2021. According to that announcement, student loan payments restart on May 01, 2022. The two year payment pause has given student loan borrowers much needed time to regroup financially. However, despite the student loan moratorium, a large number borrowers are still struggling to catch up with their finances. Many are convinced that the payment pause…

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Tips to Reduce Stress and Anxiety

Are you stressed due to this crisis situation that we are currently facing? There is no denying the fact that COVID-19 outbreak has caused feelings of stress, fear and anxiety amongst us as our regular livelihood has been disrupted by this pandemic. The new rules of life or the ‘new normal’ might be scaring you to some extent leaving you to ponder on what’s going to happen next. But you need to take care of your physical and mental health and help your near and dear ones to do the…

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Education Loan for Abroad Studies: Everything You Need to Know

Studying in a top university and that too in a foreign country is every student’s dream. If given a chance, students would definitely pursue their higher education in their dream university abroad and will pass with flying colors. But funding study abroad may cost an arm and a leg for the student. Students may have to do some penny-pinching or else take the support of scholarships to support their study. But what if you are unable to save money? Who will foot the bill for your education abroad? If you are dwelling…

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