MMI offers a wide variety of financial services to help improve your financial life. No matter what your financial situation, we can help you to establish an plan of action for achieving your financial goals.
Knowledge is the key to successful money management. Our resources are designed to inspire and assist you as you begin to make positive changes in your financial life.
Interact with MMI in a variety of formats including email, videos, tweets, blog posts, and pictures.
Since 1958, MMI has been a leading provider of financial counseling and education services. We invite you to learn more about the organization and its leadership.
My wife and I have combined our student loans. Our current balance is $45,000. I was curious to know if there are any grants that will pay off some or all of your student loan. We can't afford the $380/month payment and if we don't pay they get keep adding interest. -Eddie
Eddie,
Unfortunately, I do not know of any grants to help pay off your student loans. You can try contacting your lender directly to explain your situation. They may have programs to help. For example, you may be able to defer your loan payments, but be careful that you aren’t just putting off the real issue. My recommendation is to make every possible effort to repay your debts. Government loans are not likely to go away. In fact, I know of someone who had her tax return taken by the government to pay a student loan that was more than 25 years old!
Good Luck,
If you do not find the answer to your question in the archive, write to the Advice Team today! A member of the Advice Team will personally respond (by email) to your question by offering answers, helpful tips or solutions. This is a free service offered by MMI.