Skip to main content

My One Year Student Loan Payoff Update

  January 28, 2022 marked my one year anniversary of paying off my student loans . Reflecting back on choosing to pay off my student loans leaves me with several take a ways that I want to share with you! In September 2020 I decided to become debt free by utilizing the debt snowball method to pay off all my debt. Before this I had struggled to save and really understand basic financial principles. As a first-generation college student, I received a scholarship to attend undergrad for free, but the scholarship did not cover summers. During the summers I took out student loans to cover costs without paying interest rates or how much I was taking out. By the end of undergrad I had amassed a little under $17K. Fast forward to graduate school I received another scholarship that covered my education. At the time I was a teacher in a new very expensive city and I had missed the cutoff to have my paycheck last me throughout the summer. So, I decided to take out a loan for two summers to keep

Will There be Spring CARES Act Funding?


Will there be CARES Act funding for the spring semester? I have gotten this question several times and wondered it myself! In case you have not been following my blog or YouTube channel regarding this the CARES Act provided funds for enrolled students in higher education that experienced a loss due to COVID. These funds could be used for expenses related to this lost like books, tuition, childcare, etc. I was fortunate to receive CARES Act funding last spring and this fall.

Figure 1: This is a thumbnail of my latest YouTube video where I am sitting in my office with an inquisitive look on my face. I am wearing a yellow shirt that says “Black Girl Magic” and my hair is curly and short.


After receiving so many questions surrounding this topic, I decided to go to the source at my university. This person on my campus is the Associate VP for Finance & Administration who is very responsive to emails might I add! When asked about CARES Act funding her response was that all CARES Act funding had been received from the government and their will be no spring funds available. Talk about a bummer! 

Figure 2: This is a photo of Steph Curry with a disappointing look on his face.


I honestly expected this as I have not heard any updates regarding CARES Act but I was hoping for the best! Since not all universities may have dispersed all of their funding be sure to contact the person on your campus who would have the most accurate knowledge about this. If you are still waiting to receive fall CARES Act funding then you will definitely need to contact the appropriate office to see if there is any additional information that you need to submit. Also, don’t get caught up in waiting around for something that may not be guaranteed.  If you do not qualify for the funding check out my YouTube video on helpful alternatives. 

Figure 2: This is a photo that says “CARES Act” with the white house in the background.


If your university will be handing out CARES Act funding in the spring semester drop down in the comments and let me know!  For all updates regarding FREE money be sure to sign up for my email subscriber list so you will be the first to know! In the meantime, check out the video below!


SUBSCRIBE: Will There be Spring 2022 CARES Act Funding?


Popular posts from this blog

Fall Refunds are Here for College Students

 It’s my favorite time of the semester…REFUNDS! A few weeks after the semester begins all of your financial aid pays out and if there’s any left over you get a refund! You will know that your receiving a refund if there’s a negative balance on your account. It’s the one time in history where you actually want to see a negative balance!  Figure 1: This is a thumbnail of my latest YouTube video where I am in my office with a surprised look on my face.  This semester I paid $241 in fees and I received a $500 grant for individuals who work at community colleges. Oh yeah  did I mention I work at a community college too part time as a tutor? Anyhoo, since I had already paid off my student account I received the $500 as a refund. If you’ve been watching my YouTube videos or reading my blogs then you already know this money is going to debt.  Figure 2: This is a photo of three $100 bills and three $50 bills. With refunds posting to accounts daily you want to make sure that you are constantly c

Fall 2021 HEERF & CARES Act Funding is Here!! (FREE Money for College Students!!)💵🤑💰

  A few days ago, I was surfing on my universities homepage and I noticed that there was a message at the top regarding summer II HEERF and CARES Act funding. Since I was enrolled in both summer semesters, I decided to send an email to the person listed as the contact to ask if I could receive more CARES Act funding for the fall semester. Since I had been enrolled in the first part of the summer and had already received funding I was not eligible but I was told that another round of CARES Act funding would be given in the fall! In case you did not know HEERF funding is the Higher Education Emergency Relief Act that was enacted for college students due to the pandemic. HEERF provides billions of support in education through CARES Act funding for enrolled students. Figure 1: This is a thumbnail of my YouTube video on “Fall 2021 HEERF & CARES Act Funding is Here” where I am wearing a black shirt with a surprised look on my face. Now while I am not sure on how much you will receive thi

President Joe Byron Student Loan Forgiveness Update

  BING BONG! President Joe Byron has made an official statement regarding student loans. One that many of us were not expecting to hear. Well not me because I suspected this all along hence to why I am paying my student loans off. If you have not heard, Mr. Biden is not extending the federal pause on student loans. That means that on February 1, 2022 you will need to begin making payments again and your interest is back in affect. Figure 1: This is a thumbnail of my latest YouTube video “President Joe Byron Student Loan Forgiveness Update” where I am seated in my office while looking at the camera with a suspicious look on my face. I am wearing a black sweatshirt that reads, “They go low we go high.  As you all know I decided to pay off my student loans about a year ago when I started by debt free journey. Thanks to Jesus and all of my hard work, I am almost there and will update you at a later date on what I did to pay off my student loans. Many folks are in an uproar and feel straigh