$9,000 in Scholarships Awarded Annually
Getting a good education sets students up for success later in life.
We consider it an honor to help young people in Houston get the money they need for the education they deserve. With four annual scholarships totaling $9,000, students can apply where they choose and use the money wherever they go to school. Our scholarships can turn today’s dreams into tomorrow’s realities.
1. Plan ahead!
You might not be able to pay off your student loans while you’re in college, but you can take proactive steps while you’re still in school to make your life easier when the time to start paying comes. Setting up automatic savings account transfers will allow you to put away a little bit each month from your student work or part-time job. You can use that money once you’re out of school to make a big first payment. It’ll really take the sting out of the debt load and get you started on the right foot. Your discipline will pay off…literally!
2. Set up automatic bill pay
Your student loan provider is a business, and they’re out to make money for lenders, that means keeping you paying the minimum amount for as long as possible. They want you to pay the “amount due” every month via their system. It’s more profitable for them that way. You can get the advantage back by setting up automatic bill pay. When you do, you can designate an amount of your choosing to be paid to the lender every month. You can pay your bill back at your own pace and save some money on overall interest while you’re at it! As a bonus, you can often get around nuisances like “technology fees” with automatic bill payment.
Here’s some mountain climbing advice in order to make paying college loan debt from a position of financial “fitness.”
3. College is about the journey, not the destination
If your journey was a longer one than usual, you may have debt from several places. You may have used your credit card to finance your living expenses or taken out un-subsidized loans from private lenders. It might be time to consider refinancing or consolidating. You might be able to lower your interest rate and simplify your financial life at the same time. Gain advice on budgeting and make a road map to scale your mountain and create a truly debt-free future.
PrimeWay can help you climb “Debt Mountain” in more ways than you might realize, and save you money in the process. Make an appointment with a financial representative today and learn about your options. You’ll be glad you did.
Before long you’ll be looking at the view from the top!