Dear King,
I’m fortunate enough to be able to work from home during this time, which means I am lucky to have a steady income. Although my student loan payments are suspended, should I continue to pay them off or save money?
As colleges across the nation settle into a new normal, the federal government has provided funding for students who have experienced setbacks due to the sudden and drastic shift in higher education. Students once living on campus might no longer have access to certain amenities, such as WiFi, technology, healthcare, and food. The CARES Act aims to bridge that gap with $7 billion in federal funding directed at students and provides colleges with flexibility over how to disperse these funds.
Follow these steps to help make adjustments to your student’s financial aid.
Fill out the form below to submit your comments or questions for The Financial Aid King.