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Student Loan Benefits for Service Members

It’s estimated that there are 1.3 million active-duty service members and more than 800,000 in reserves. To show appreciation for the sacrifices made by these men and women, the Department of Education has put into place several benefits, including those that relate to repayment of student loans. The Department of Defense announced a new policy in April Read more >

What Happens to Student Loans if You Move Abroad?

The opportunity to live and work abroad can lead to some memorable life experiences and potential career advancement, but it can also include some challenges when student loans are involved. Although there is no specific tally from official sources, it is estimated that there are roughly 9 million Americans who live and work outside of the U.S. Based Read more >

Can You Pay Student Loans With 529 Plan Funds?

FIRST INTRODUCED IN 1996, 529 college savings plans offer parents a way to save for college expenses for a designated beneficiary. They are exempt from federal taxes and some states offer special tax benefits as well. And yet, studies show fewer than 1 in 5 people have a 529 plan. With the growing number of people facing student Read more >

Take the Next Step With Your Student Loans in 2019

It’s great to think big with your New Year’s resolution, like saying you’ll pay off your student loans in 2019. But a goal that big often doesn’t even make it to the end of January. Instead of letting an unrealistic resolution frustrate you, focus on a small change that moves the needle for your student Read more >

She Fell for a Common Student Loan Scam. You Don’t Have To

Facing more than $80,000 in student loan debt, Tiffany Tatafu did what thousands of other student loan borrowers do: She searched for answers on her phone. The single mother of two had heard that as a public employee, she could be eligible for student loan forgiveness. She’d landed job as a student support coordinator at Read more >

Who is the NFCC?

Founded in 1951, the National Foundation for Credit Counseling® (NFCC®) is the nation's first and largest nonprofit dedicated to improving people's financial well-being.

NFCC members help millions of consumers like you through community-based offices located in all 50 states and Puerto Rico. Each NFCC member agency has earned our seal by adhering to high standards and ethical practices designed to help you achieve financial stability.

Funding for operations and services comes from an ever-changing combination of federal, state and local government grants, as well as donations from financial industry participants and private donors.

For more on the NFCC, visit

Thank you to our funders.

The Sharpen Your Financial Focus program is an initiative of the National Foundation for Credit Counseling (NFCC) in partnership with a broad cross-section of supporters. Together, we are committed to increasing the financial well-being of Americans. This initiative is partially funded by Bank of America, Chase, Synchrony, Wells Fargo and other major financial institutions. We thank all funders and partners who make this program possible. For more information, visit

National Foundation for Credit Counseling
2000 M Street, NW
Suite 505
Washington, DC 20036

For NFCC Media Inquiries:
Bruce McClary
Vice President of Communications