To ensure full consideration for aid, apply online by our recommended date of January 5, 2021, but no later than our preferential date of March 15, 2021. Although $200,000 in student loan debt is an astronomical amount, paying it off isn’t impossible, especially if you’ve earned a valuable degree that will lead to a high-paying job or student loan forgiveness. Conquering $200K in student loan debt. Founded in 2009, LendKey has served more than 99,000 borrowers with more than $3.1 billion in loans from partner lenders. Is student loan interest deductible? You can claim the student loan interest tax deduction as an adjustment to income. The Office of Student Financial Aid encourages all students to apply for financial aid. In fact, you could qualify to deduct up to $2,500 of student loan interest per return per year. Online Payments. If you’re wondering, “is student loan interest deductible?” The answer is yes. You can pay online by credit card, debit card, or e-check on CASHNet Smartpay.For a step-by-step on how to pay online, check out How to Pay Your Housing Statement Online.For questions regarding billing or CASHNet Smartpay, contact the Cashier’s Office at (323) 343-3630. Before You Apply Plus, check out our student tax filing guide. Apply Now for 2021-2022 Financial Aid. The 2021-2022 FAFSA is now available online at www.fafsa.ed.gov. LendKey is a student loan lending platform that connects credit unions and community banks with online borrowers. Undergraduate and graduate student loans are available, as well as student loan refinancing.
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