Nicki Minaj is not only the best female rapper of our times, but she is also willing to help her fans who are in college. It might sound a bit strange, but this is real: Nicki Minaj has her own student loan forgiveness program. If you are a fan of Nicki Minaj’s music and couldn’t find yourself any other useful student loan programs, you should definitely consider applying to hers. Nicki Minaj is a Trinidadian rapper that has been very successful during the last decade. She has won several awards for her albums, and she has a quite hardcore fan base. She is not only a musician but an actress and a model as well. Her student loan forgiveness program without any doubt is the most interesting one out there. It is excellent news for her fans that Nicki wants to give her fans money-aid to pay for their tuitions or help their expenses.
How did it start?
This whole deal about student loan forgiveness program with Nicki started in 2017. What happened is one of her fans tweeted her saying that the college tuition is the only thing that holds her back to go to college. And she tweeted back to ask about how much she needed to go to college. Then she announced that if anyone can show her straight A’s, she would start paying their tuition expenses for them.
Then later she shared on her Instagram account that she has paid nearly eighteen thousand dollars ($18,000) for her fans’ student expenses. The payments did not only involve tuition fees but also some book expenses as well. This generosity of Nicki Minaj has been taken very positively by her fans and the media.
Paying off her student’s debts was not the only thing Minaj did, she also announced that she is going to launch a Nicki Minaj Charity program soon to help students with their student loans and debts.
The news got many likes, shares, and replies on social media. There were tons of comments of people who were showing her gratitude to Nicki Minaj for her care about the students.
Other student programs
Even though Nicki Minaj showed her big heart by opening her pockets to her fans, the student loan problem is much bigger than Nicki Minaj could afford. There are lots of students in vast amounts of student debts for attending college. And it is nearly impossible to solve this problem by implementing a single student loan forgiveness program with the money of celebrities.
You should look for other student programs as well if you are also in debt for your studies. It is very common for American students to get into a ridiculous amount of liabilities and pay back them for the rest of their lives. With this student loan forgiveness program, you can make your situation a bit easier.
If you are a college student and don’t have any idea what to do about your debts, don’t get worried. We can help you! Get into contact with us by giving us a call or sending an email. We will try our best to offer you one of the programs depending on your situation. The assessment is absolutely free, without any obligations.
Public Service Loan Forgiveness
Public service loan forgiveness is one of the student programs designed to help people for their debts. It is mainly for public sector workers, such as organization volunteers, government workers, and non-profit workers. It was signed in 2007 by George Bush.
There are some requirements for the program, and you should check those requirements before applying to know whether you are eligible for the program or not. The conditions are as follows:
- You have to be in debt to the federal loans. It means you should have borrowed direct federal loans.
- You should have made 120 payments.
- And lastly, you have to work on a government organization or a non-profit organization.
Pay attention carefully to those requirements, because if you don’t qualify for this student loan forgiveness program, there is a big chance that your application will not get accepted. You should also provide valid documents, and there should not be any missing documents if you want to get approved.
Sometimes people get confused about this program. One of the most frequently asked questions is that “I have been paying my debts for more than 5/10 years. Am I qualified for PSLF?”. The thing is, how many years you have been paying for doesn’t matter. It is essential that you had made 120 qualifying payments and that’s all that matters.
In case you have any questions about Public Service Loan Forgiveness, you can check this article out.
Private Student Loans Program
According to statistics, the student loan situation in the US is horrifying. The numbers get increased and increased every year, and students are under massive debts for many years even after graduation.
If the federal loans are not enough for you to pay off your debts, you can consider applying for private student loans. But before doing to do so, you should think twice. Because getting rid of the personal debts comparing with federal loans is a lot tougher. There is no guarantee that you can get forgiveness if there is bankruptcy involved. Most of the students have been manipulated by the for-profit companies to trick them into borrowing money by falsely assuring them about advantages, etc.
The private student loans get most of the time massively advertised. But they don’t have any deferral options, unlike the federal loans. Several intermediaries and companies offer private loan services to the students. As a student, your job is to do in-depth research about them all, read about their requirements and their conditions, and see if the option is the most beneficial for you or not. You should not rush to make a decision as the consequences might not be pretty at all.
There are several ways to get relief from private student loans. You can read about them in detail here. If you have any additional questions, you can also call us to talk about your situation.
Take Responsibility for Yourself
Even though Nicki Minaj made an offer to her fans about paying their loans, you should not wait for some celebrities to handle your problems. If you want to make a positive change in your financial position you should check for options yourself. It is very generous of Nicki Minaj to help the students in debt, but she is not going to pay for your all debts. She can make a contribution to your payments. If you want to know how to handle your debts, give us a call now. We are going to assess your situation without any obligations or liabilities for free.
We understand that student debts are a big problem in the United States. And we are willing to help you with student loan forgiveness programs. Everyone should get the education they want, and the financial problem should not stop them in any case. If you are worried about the significant amount of debts, you are going to be in after studying at a college, start taking action for yourself now.