Can I Use Scholarships To Pay Off Student Loans?

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A reader has a novel idea for paying back those loans.

May 11, 2016 | Howard Dvorkin, CPA

Question: Are there scholarships/grants to pay off student loans (besides teacher loan forgiveness and other government programs)? Can I apply for a college scholarship and apply it to my loan debt?
— Elyse in Virginia

Howard Dvorkin CPA answers…

Howard Dvorkin on how to get out of debt fast After getting some information from you, Bill, I figured out the discrepancy: Your girlfriend took out government loans, while you have a substantial number of private loans. Why does that matter? I made this video to explain the differences…

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