As a student, you may find yourself needing to borrow money for college. While this can provide an invaluable opportunity to pursue higher education, it is important to stay on top of how much you are borrowing in student loans. Let's explore some ways that you can track your student loan borrowing and ensure that you remain informed and in control.
National Student Loan Data System (NSLDS)
The National Student Loan Data System (NSLDS) is maintained by the Department of Education and provides students with information regarding their federal student loan borrowing. You can access the NSLDS website by creating an account using your FSA ID. This will allow you to view all of your current loans, loans that have been paid off, and any amounts written off due to bankruptcy or other reasons. It is important to keep track of these numbers so that you don't end up taking out more than necessary or become overwhelmed with debt.
Credit Reports
Your credit report is another great resource for tracking how much you have borrowed in student loans. Your credit report will include information about any loans that have been reported to the major credit bureaus such as Experian, Equifax, and TransUnion. You can obtain a copy of your credit report from any of the three major credit bureaus directly. It's important to review your credit report regularly in order to ensure accuracy and identify any discrepancies between what is reported and what you know about yourself financially.
Bringing It All Together
Keeping track of how much money you've borrowed in student loans is essential for making sure that your financial future remains secure after graduation. Fortunately, there are several resources available for tracking this information, including the National Student Loan Data System (NSLDS) and your credit reports. By staying informed about how much money you've borrowed, you can better manage your debt and plan for what comes next after college.
Knowing what financial aid options are available to you and how to better manage your student aid makes earning your exercise science degree even more of a possibility. And there are so many fitness job opportunities that you’ll be able to explore once you have a degree in exercise science. This is the case for all of our degree programs. In fact, earning an associate degree, bachelor’s degree, or master’s degree, will all put you in demand for jobs. Regardless of which degree you are pursuing, at Lionel, you earn multiple certificates and specializations along the way. This means you can start working as a fitness professional even before graduation day!
Check out our programs and contact Lionel today!