RENO, Nevada (KOLO) – It’s National Financial Literacy Month and the Office of the Nevada State Treasurer reminds Nevadans that it’s Student Loans Ombudsman Program.
As Student Loans Ombudsman, Evelyn Castro’s goal is to help students and their families understand their financial aid options. She also helps graduates understand the complexities of their student loans.
There are two types of student loans: federal and private. Castro recommends taking out student loans as a last resort because you have to pay it back, but if you need to, she advises taking a look at federal student loans.
“They have lower fixed interest rates,” Castro said. “Repayment benefits, and also, for some people who are going into certain careers or different fields or working for the non-profit government, they can apply for student loan forgiveness as well.”
You can join Castro here.
The Nevada State Treasurer’s Office also hosts a Financial Literacy Workshop at UNR. It’s happening Saturday, April 30 from 11 a.m. to 3 p.m. at the Joe Crowley Student Union Ballroom. They will discuss things like credit, debt, and paying for education. Registration is free, but limited. You can register here.
Copyright 2022 KOLO. All rights reserved.