Student Loan Payments are Resuming- Is your Budget Ready?
Student loan payments have been suspended, without interest, for more than three years due to COVID-19. The Department of Education announced that interest will begin accruing again September 1, 2023, with payments resuming in October.
If you're concerned about how you're going to make your payments, make plans to join us for a free webinar as we talk about new payment options and what actions can be taken now to prepare for student loan payments to resume this fall:
TUESDAY AUGUST 15th, 8-9:00 PM EST >REGISTER FOR STUDENT LOAN WEBINAR<
Budgeting Struggles
Some borrowers may need to adjust their spending to fit their student loan payment back into their budget. As a member of Palmetto Health Credit Union you have access to free budgeting resources like the ones listed below.
- Aligning Priorities Online Course- A useful tool for prioritizing your expenses
- Free Student Loan Counseling- Give GreenPath a call at 877-337-3399 to speak with a financial counselor.
- Worksheets and Guides: Plan your next steps using the Budgeting worksheet, Aligning Priorities workbook, and other guides.
- Free Financial Counseling: It's free, no-pressure, and 100% confidential. Call GreenPath today at 1-877-337-3399.
For additional financial wellness resources, visit: my.greenpath.com.