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Student Loans

A Borrow Better Case Study Using the In-School Loan Estimator

Veterinary Students: Borrow Better A Case Study Using the VIN Foundation In-School Loan Estimator Student debt sucks. But for more than 80% of eligible U.S. students attending AVMA COE-accredited colleges of veterinary medicine, student loans are a necessary tool to achieve the dream of becoming a veterinarian. For the 2024-2025 academic year, analyzing your borrowing […]

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VIN Foundation | Supporting veterinarians to cultivate a healthy animal community | Blog | COVID-19 impact to your student loans

COVID-19 Impact to Your Student Loans

CARES Act federal student loan relief explained! — UPDATE, April 30, 2020 — Since VIN and VIN Foundation held a free webinar to explain how the recent CARES Act and the Department of Education guidance on student loan relief for federal student loan borrowers impacts veterinary student loan borrowers, we have had several questions come in.  The most common

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A ‘new’ income-driven repayment plan?

Federal student debt proposal would change REPAYE, phase out PAYE Buried in a sea of federal student loan announcements and changes over the last few years was the promise of a new income-driven repayment plan. Now we know how parts of that promise will be implemented when the pandemic forbearance benefits end this summer. The

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QA

New Grad Student Loan Questions and Answers: Consolidation

Updated for 2023 graduating veterinarians: There are some new changes and proposals to be aware of as you enter loan repayment. Here are some common questions about using a Federal Direct Consolidation Loan that we tackled live during the most recent New Veterinary Graduate Student Loan Playbook Webinar. To consolidate vs not consolidate? Absolutely start

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VIN Foundation | Supporting veterinarians to cultivate a healthy animal community | prevet resources veterinary student resources veterinarian resources | Nonprofit free veterinary resources | Blog | What do the recent court rulings on SAVE mean for you?

What do the recent court rulings on SAVE mean for you?

July 26th Update A federal appellate court blocked the Department of Education (ED) from administering the Saving on a Valuable Education (SAVE) income-driven repayment plan. Borrowers using SAVE will be placed in an interest-free forbearance. ED recently posted guidance (https://www.ed.gov/save) on how the ruling impacts borrowers in the short-term, pending continued litigation. Keep checking https://studentaid.gov/announcements-events/save-court-actions

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VIN Foundation | Supporting veterinarians to cultivate a healthy animal community | prevet resources veterinary student resources veterinarian resources | Nonprofit free veterinary resources | Blog | Student Debt Student Loan Veterinary Student Debt Veterinary Student Loan PAYE vs. SAVE: Are you in The Pickle?

Choosing between PAYE and SAVE income-driven plans: Are you in The Pickle?

On the VIN and VIN Foundation Student Debt Message Boards and during recent Climbing Mt. Debt webinars, hundreds of questions have been asked and answered. One of the most frequent questions is, “Should I switch to the new Saving on a Valuable Education (SAVE) income-driven repayment plan?” In most cases, the answer is yes, you

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VIN Foundation | Supporting veterinarians to cultivate a healthy animal community | Student Debt | Special Cancellation of Up to $20,000 of Student Debt. Are You Eligible?

Special Cancellation of Up to $20,000 of Student Debt. Are You Eligible?

On August 24th, 2022, the White House announced the news of a special one-time cancellation of up to $20,000 of federally held student loan debt. The amount of debt cancellation will depend on your income and whether you received a Pell Grant in college.

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VIN Foundation | Supporting veterinarians to cultivate a healthy animal community | Blog | Apply Smarter Q&A: Veterinary School Veterinary Income

Apply Smarter Q&A: Veterinary Income

Here are some questions and detailed answers about Veterinary Income asked during the Apply Smarter webinars. We also covered questions and answers about veterinary school application and veterinary student loans. “I’ve heard that it is very tough to have a job while attending vet school? Is it because the program is intense?” Yes, the curriculum

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VIN Foundation | Supporting veterinarians to cultivate a healthy animal community | Blog | Apply Smarter Q&A: Veterinary School Student Loan Financial Aid

Apply Smarter Q&A: Student Loans and Financial Aid

Here are some questions and detailed answers about Student Loans and Financial Aid asked during Apply Smarter webinars. We also covered questions and answers about veterinary school application and veterinary income. “What is a “standard” amount of financial aid offered by vet schools? I know it varies a lot, but would you say it’s easy

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VIN Foundation | Supporting veterinarians to cultivate a healthy animal community | free resources veterinary students veterinarians | Blog | VIN Foundation Student Loan Repayment Simulator - Forgiveness Planning Module Capital Gains Tax

Student Loan Forgiveness Planning: Capital Gains Taxes

Over the last couple of years, a common question has come up regarding capital gains taxes on student loan forgiveness planning investments. Capital gains on forgiveness planning is an excellent observation and a great thought experiment for anyone using an income-driven plan and anticipating forgiveness. I’m glad people are turning their wheels on how all

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