Fri. Jan 21st, 2022

Received suspicious calls or texts about guaranteed student loan forgiveness? It’s most likely a scam. Learn how scammers take advantage of student loan borrowers and get tips about how to identify a scam.

For more information about how to spot a scam, check out

Federal Student Aid provides real assistance to help you develop a plan for successful repayment. Here are six steps you can take now to prepare:

•Update your contact information
•Get information about your next payment
•Make sure you’re the on the best repayment plan for you. Use Loan Simulator to explore your repayment options
•Take action if you want to lower your monthly payment. Consider applying for an income-driven repayment (IDR) plan
•Contact your loan servicer if you need short-term relief
•Make sure you understand the consequences of not repaying your loan

By Dannie