questions & answers

Is It Better To Defer Student Loans, Or Pay Them Back During School?

By College Raptor StaffLast updated on December 22, 2022

As a general rule, it is always better to pay back your loans as quickly as possible instead of opting for loan deferment. But “general” doesn’t apply to everyone. Why You Should Pay Back During School Paying back your loan while you are still in school gives you the benefit of eliminating, or at least …

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Can You Waive Student Loan Origination Fees?

By College Raptor StaffLast updated on December 22, 2022

Most student loans, whether federal or private, come with origination fees. Processing a loan can be a long drawn out process with several hours spent gathering and organizing the necessary documentation, and verifying the accuracy of the information submitted. Lenders have to pay somebody to do all of this, and they recover the cost by …

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How and Where to Find No Cosigner Student Loans

By College Raptor StaffLast updated on November 20, 2024

It’s possible to get a private student loan without a cosigner, but you’ll have to go with specific lenders that offer no cosigner student loans. These can come with higher interest rates and additional fees. This article covers what you need to know about private student loans, cosigners, and more. What Is a Private Student …

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Can I Cancel A Student Loan?

By College Raptor StaffLast updated on December 22, 2022

Yes, you can cancel a student loan, but don’t jump for joy just yet. You can only do this under very limited circumstances. If you are looking for a way to cancel your student loan because you have not been able to find a well-paying job, you may find your loan cancellation application promptly rejected. …

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What Are My Chances of Winning a Scholarship?

By Allison WignallLast updated on December 22, 2022

Scholarships are, without a doubt, the best way to pay for your college education. But they can be a lot of work and daunting, which puts some people off. So what are your chances of winning a scholarship? Is it worth all the effort? What Are the Chances of Winning a Scholarship? The chances entirely …

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Does Asking For Financial Aid Hurt Your Acceptance Odds?

By College Raptor StaffLast updated on December 22, 2022

One of the many questions on any college application form is whether or not you will be applying for financial aid. Many students, afraid of hurting their college admission chances, don’t ask for financial aid. This is more so if their application can best be described as ‘borderline’. Will asking for financial aid hurt their college …

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Parents’ Change of Income Can Affect Financial Aid

By College Raptor StaffLast updated on December 22, 2022

When you fill in the Free Application for Federal Student Aid (FAFSA), you have to provide detailed information about your family finances and assets as on the day you submit the application. Your Expected Family Contribution (EFC) and financial aid eligibility are calculated based on the information you provide. But what if something changes? What …

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Am I Eligible For Work Study Programs?

By College Raptor StaffLast updated on December 22, 2022

Work study programs allow undergrad and grad students to earn some money towards their college expenses. Students get the benefits of work experience and also can pay for college in a way they can manage. Work study eligibility means meeting the following three requirements: You must be enrolled in a full-time or part-time program in …

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What is Institutional Aid?

By Hilary CairnsLast updated on December 22, 2022

There are a lot of terms when it comes to financial aid and one that you may have heard is “institutional aid.” Here’s what you need to know about this form of aid. What is Institutional Aid? Institutional aid, unlike federal aid, is money from your college or university. It’s often available to incoming students, …

questions & answers

Why Do I have to Tell My College if I Earn an Outside Scholarship?

By Allison WignallLast updated on December 22, 2022

“Outside scholarships” are any scholarships you earn from external sources, basically anyone besides the federal government or the school itself. So why do you have to report outside scholarships to your school? It’s All About Financial Need When you earn outside scholarships, your financial need goes down—you now have additional money that you didn’t before. …