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How Long is a Student Loan Grace Period?
https://www.sofi.com/learn/content/when-does-student-loan-grace-period-end/
While the stress of term papers and finals comes to an end once you graduate from college, the stress of building your post-collegiate life—and dealing with student loans—is just beginning. Even if you’ve already got a job, you may have to move to a new city, and it will likely be a bit before a […]
A Guide to Military Spouse Student Loan Forgiveness
https://www.sofi.com/learn/content/military-spouse-student-loan-forgiveness/
Most military spouses understand going in that their married life will come with a distinct set of challenges. When a husband or wife who serves is deployed, many of the duties married couples expect to share—from caring for children to running the household and making ends meet—fall to the one who stays behind. And the […]
8 Strategies on Transferring to a 4-year College
https://www.sofi.com/learn/content/strategies-on-transferring-to-4year-college/
There are no two ways around it; college is expensive. According to the College Board , the average annual cost of a four-year private university for the 2019-2020 school year is $36,880. And that’s just the cost of tuition and fees. (Oof, it hurts.) Comparatively, the average sticker price of a public, four-year, in-state college […]
Bank Fees You Should Never Pay
https://www.sofi.com/learn/content/bank-fees-you-should-never-pay/
The list of fees that banks might charge you is pretty darn long and, on average, they can cost you more than $161 per year. Per year.Some of the more typical bank fees include monthly maintenance fees, overdraft charges, returned item fees, ATM fees, and foreign transaction fees. Some of these charges, such as the […]
Is it Better to Pay off Student Loans or Save?
https://www.sofi.com/learn/content/should-you-pay-off-student-loans-or-save/
Student loan repayment often begins after a six-month grace period. In that time, you’ve (ideally) settled into a job and a new, post-school routine. That means you’re ready to take on all your financial responsibilities—including building up a savings account—right? If that sounds daunting, you’re not alone. One in five Americans report that they save […]