college moneyKENTUCKY (6/12/18) — If you owe money on federal student loans, you should be wary of sales pitches from companies offering to help borrowers lower their payments, warns the Kentucky Higher Education Assistance Authority.

Such companies charge fees — sometimes high fees — for filling out forms that you can do for free. Many will want to charge monthly fees for monitoring your loans. Again, you can do that for free.

The best place to start is the servicer that the U.S. Department of Education has assigned your loan to. Your servicer can tell you what your options are and can help you with the forms you need. If you need help finding your servicer, you can go to www.nslds.ed.gov and retrieve your loan information.

You can also go directly to www.ed.gov and click on the link titled “Student loans.” Under that link you’ll find links to detailed information about all of your options.

KHEAA is the state agency that administers the Kentucky Educational Excellence Scholarship (KEES), need-based grants and other programs to help students pay their higher education expenses.

For more information about Kentucky scholarships and grants, visit www.kheaa.com; write KHEAA, P.O. Box 798, Frankfort 40602; or call 800-928-8926, ext. 6-7214.

SurfKY News

sitelogosm© Copyright 2008 - 2018 SurfKY News Group, Inc. All rights reserved.
This material may not be published, broadcast, or rewritten without permission.

Click here to subscribe to receive daily updates by email.

Most Read This Week

Jun 24, 2018 1428

Safety Urged When Harmful Algal Waters Exist

by SurfKY News
Jun 24, 2018 1154

HCSO: Alleged Burglar Admits to Busting Gas Station Door with Sledgehammer

by Doreen Dennis, SurfKY News
Jun 24, 2018 1089

Hopkins Lures Highway 41 Yard Sale Shoppers

by Tammy Holloway, SurfKY News
Jun 24, 2018 1039

New Fishing and Hunting Regulations Proposed for 2019

by Steve LeMaster

Most Read This Month

Jun 17, 2018 59292

UPDATE: Hopkinsville Father Mourning Loss of Son

by Doreen Dennis, SurfKY News
Jun 11, 2018 18544

KSP Detonates Grenade found north of Hanson

by Doreen Dennis, SurfKY News

Weather brought to you by

79°
26°
°F | °C
Scattered Thunderstorms
Humidity: 83%
Sun
Thunderstorms
70 | 87
21 | 30
Mon
Thunderstorms
72 | 83
22 | 28
Tue
Thunderstorms
73 | 90
22 | 32
Wed
Thunderstorms
76 | 91
24 | 32

Stories Trending Today

harmful algae
Jun 24, 2018 1428

Safety Urged When Harmful Algal Waters Exist

by SurfKY News
BURGLARY DOOR
Jun 24, 2018 1154

HCSO: Alleged Burglar Admits to Busting Gas Station Door with Sledgehammer

by Doreen Dennis, SurfKY News
US 41 6 24
Jun 24, 2018 1089

Hopkins Lures Highway 41 Yard Sale Shoppers

by Tammy Holloway, SurfKY News
KDFWR
Jun 24, 2018 1039

New Fishing and Hunting Regulations Proposed for 2019

by Steve LeMaster

Market Report

Market Report brought to you by