Blog

Nitro Knowledge. Your Guide to Paying for College.


Two names that come up often when talking about student loans are Sallie Mae and Navient. Many people get confused over whether they're the same company or not.

Here's the fast answer: No, but they used to be. These days, they are two separate companies. Sallie Mae is offers private student loans and Navient acts as a servicer for federal and private student loans. 

Read More

How many times have you looked at your financial aid award letter and wondered, “What am I reading?”

If your answer is, “too many to count,” you’re not alone. The terminology around financial aid can be so confusing. Fortunately, we’re here to help you. Today,  we're going to unravel the mysteries of the Stafford Loan.

Read More

As a parent, you want to do everything you can to make sure your child is on track for college graduation. Maybe you even opted to take loans in your own name to close the college funding gap.

Read More

As you begin to consider student loans--whether to fill in the tuition gap or cover the majority of your expenses--it’s wise to think ahead a few years to the time when you’ll start repayment. Despite any cure-all banner ads you may have seen in the course of your loan research, let us assure you from the get-go: there is no magic wand that makes student debt disappear.

Read More

If you have to borrow money, subsidized loans should always be your first choice

What’s the best way to pay for college? “Free money,” of course. Those are the grant or scholarships funds that you won’t have to worry about paying back later.

But if you’re like many people, those funding sources won’t be enough to pay for your entire college education. So where should you turn next?

If you have to borrow money, subsidized student loans are your smartest option if you qualify.

What, exactly, are subsidized student loans? How do they differ from other kinds of loans? How do you go about getting one?

Let’s talk about the difference between subsidized and unsubsidized student loans so you can have a better understanding of what you’re applying for and why it matters.

Read More

Many prospective students focus their college search on public universities, not private schools, because state universities typically charge much lower tuition. But, despite the higher tuition, a private college or university isn’t always more expensive – and sometimes costs significantly less.

Read More