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Biden to Forgive Student Loans in August 2022?

  Alright folks I’m back with another student loan update! According to CNBC, Biden is set to make a decision on student loan forgiveness by the end of August 2022. Now while I’m not entirely sold that this is actually happening, there are several things for you to be aware of. First things first there is still no clear information on how much will be forgiven. While Biden did discuss student loan forgiveness of $10K during his campaign trail other sources have reported higher amounts of 50K. Of course, none of this is set in stone and we are all waiting to hear something. This is a thumbnail of my latest YouTube video on “Biden to Forgive Student Loans in August?” I am looking at the camera suspiciously while seated in my office. The background is red. There may also be income restrictions of who may qualify for student loan forgiveness. Single folks may have a threshold of 125K-150K while those who are married may be between 250K-300K. There is also some talk surrounding what typ

2021 FAFSA Tips!

 

So I recently completed my FAFSA and per usual it took less thank fifteen minutes. This got me to thinking on a few helpful tips for those completing the FAFSA for the first time or those who were resubmitting like myself. I know FAFSA can be stressful for some and a breeze for others so these tips will serve both sides of the coin.


Figure 1: This is a thumbnail of my latest YouTube video on “2021 FAFSA Tips” where I am looking at the camera while seated in my office smiling in a black top.

Use a Desktop or Laptop: Yes, you can complete FAFSA on your phone however when completing important documents using the largest screen possible is a must so that you don’t miss out on any important lines or other information. Head over to the Financial Aid office to use their desktop computers and get assistance if you don’t have one.

Use the Transfer Feature: This feature allows you to transfer all of last year’s information to your new application. You can also transfer over yours or your parents IRS information directly into the application, which saves a load of time!


Figure 2: This is a photo of a blue notebook with the words “FAFSA Free Application for Federal Student Aid “in yellow lettering next to a keyboard. 

Is Your Information Up To Date? After using the transfer tool be sure that all of your information is correct and up to date. I recommend going line by line to double check everything.

Don’t Assume You Can’t Apply! The answer will always be no if you don’t ask! I am a graduate student and have received a ton of free money since starting my doctoral program. The funds are out there folks!

To Be Early Is To Be On Time: The early bird gets the most money in this case guys. The priority deadline is in February 2022 however; your university may have other deadlines in place. If you need to use your parent’s tax information stay on top of them until this gets finished! Don’t get discouraged or give up!

 

Figure 3: This is a picture of a gold clock.

Have you completed your FAFSA? Are you running into issues?  Drop down in the comments and let me know! Be sure to check out my latest video below!

 

SUBSCRIBE: 2021 FAFSA Tips!

 


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