How Is A Student Loan Different From A Scholarship?

How Is A Student Loan Different From A Scholarship?

How is a student loan different from a scholarship? Both student loans and scholarships are forms of financial aid that a provider grants you based on several factors. The main difference between student loans and scholarships is the fact that you have to pay back the money you get from student loans. Student loans are … Read more

What Happens When You Default On Private Student Loans?

What Happens When You Default On Private Student Loans scaled 1

What happens when you default on private student loans? Lenders may report your default to credit reporting agencies, which could damage your creditworthiness. They do take various actions to collect the debt. Private student loans often default as soon as you miss three monthly payments (90 days). You can also default on a private student … Read more

Navigating the NMIMS Student Loan Maze: 10 Essential Tips for Success!

Navigating the NMIMS Student Loan Maze: 10 Essential Tips for Success!

Are you a student at NMIMS, burdened with the weight of a student loan? Fear not, for you are not alone! Student loans have become an integral part of the modern education system, empowering countless individuals to pursue their dreams. However, managing these loans can be a daunting task, especially when juggling academic responsibilities and … Read more