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https://usbank.everfi-next.net/student/dashboard/financialiq-students/usbank-financing-higher-education/1791#paying-your-student-loans/tips-on-paying-down-your-loans-faster/page-1 (Tips on paying loans faster)
Monitor your student loans on a regular basis by accessing your loan online (federal loans are stored in the National Student Loan Data System [NSLDS], including total loan balance, & the loan servicer)(Private-loan companies should provide access to calculators & the student loan statement, that will include the loan balance. U can also contact Private Lending Institution) or by contacting your lender.
Budget to pay off your loans as quickly as possible while still continuing to meet your other financial goals. ------ 💛 Once u start paying loans
Taking out a student loan is an important financial decision that will impact your credit score for many years.
Consolidation can result in a single monthly payment but might cost more in overall interest paid.
❤️ In case you need a new loan: The FAFSA4caster can be used to determine an early estimate of the federal student aid for which you will be eligible. Find the FAFSA4caster at the www.studentaid.ed.govlinkNewWindowSR website.
❤️ To know how much u will pay for studying one year: The Net Price Calculator will connect the student to the university to get an idea of what previous students in similar situations paid to attend that institution after grants and scholarships. Find the Net Price Calculator at the www.collegecost.ed.govlinkNewWindowSR website.
Research the cost of living of the city where u want to work (housing, utilities, transportation, food). U need a salary to live there & save.
Your career goals must be specific (ex: "I will reach 100 LinkedIn Connections.”)
Consider salary u want n this too (to choose a job): usbank.everfi-next.net/student/dashboard/financialiq-students/usbank-financing-higher-education/1794#financial-decisions-for-your-career-path/benefits-and-your-finances/page-1. Read the next part too.
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