New Scams Offer Student Loan Forgiveness

by Armco CU | May 27, 2022 | College Planning Articles, Scams

By Terri Miller, FTC.gov The U.S. Department of Education recently announced another extension of the student loan payment pause. This time the pause runs through August 31, 2022. That news puts student loans back in the headlines, along with discussion of some...

It’s Time to Fill Out Your 2022-2023 FAFSA Form

by Armco CU | Oct 6, 2021 | College Planning Articles

October 5, 2021 by Carly Johnson Division of Consumer and Business Education, FTC Watch Out for FAFSA Scammers If you’re a high schooler applying to college, a college student, or their parent, it’s time to fill out the 2022-23 Free Application for Federal...

How to Spend your College Grad Money Wisely

by Armco CU | Apr 8, 2021 | College Planning Articles

College graduates – spend your gift money wisely! Congratulations! You just graduated from college. While it may be tempting to take your graduation gift money and spend like crazy, using the money wisely will set you up for a healthy financial future. Here are...

How to Read and Evaluate Your Financial Aid Letter

by Armco CU | Apr 5, 2021 | College Planning Articles

By Edmit College Planning Key Takeaways: Start with the full cost – including all categories of expenses. Then, look for your “free money” – money you won’t have to earn or pay back. Subtract to see your “net price” –...

What degrees offer the best and worst ROI?

by Armco CU | Jan 25, 2021 | College Planning Articles

Degrees with the best average ROI Among the most important factors determining projected ROI is undergraduate degree choice. This is because there are considerable differences in lifetime earnings across different majors. Grouping college majors into 13 broad...

Five Ways College Students Waste Money

by Armco CU | Jan 13, 2021 | College Planning Articles

Going to college is expensive, no doubt about it. Between textbooks, tuition, housing, utilities, and maintaining a social life, managing your money can be challenging. So, here are a few habits to avoid if you want to save more of your money. 1. Buy new textbooks...