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Congratulations to our 2023 Jump Start Scholarship winners
Left to right, top to bottom: Aiyanna Solomon, Alesia Holmes, Anna Delk, Antonia Butler, Brooklyn Hinson, Candice Price, Holland Jarvis, Israel Hill, Jameriah Wimberly, Joseph Reed, Kayla Sims, Kelsey Woods, Landen Wiggins, Mary Thomas, Meredith Conger, Skyler Love, Timia Mitchell, and Zaria Davenport
Congratulations to our 2023 Jump Start Scholarship winners. We awarded $1,000 to 18 graduating students selected by a panel of judges who considered academic record, school and community service, and an essay telling us their goals for the future. Meet this year’s winners:
Aiyanna Solomon | Fort Valley State University
Alesia Holmes | University of West Georgia
Anna Delk | Georgia Southwestern State University
Antonia Butler | Albany State University
Brooklyn Hinson | Georgia Southwestern State University
Candice Price | University of West Alabama
Holland Jarvis | ABAC
Israel Hill | Mercer University
Ja’Meriah Wimberly | Georgia Southern
Joseph Reed | ABAC
Kayla Sims | Kennesaw State University
Kelsey Woods | Massachusetts Institute of Technology
Landen Wiggins | Georgia Southwestern University
Mary Thomas | Georgia College and State University
Meredith Conger | University of Georgia
Skyler Love | Georgia Southwestern State University
Timia Mitchell | Georgia Southwestern State University
Zaria Davenport | Savannah College of Art and Design
Student loan forgiveness: what you need to know
Student loan forgiveness is a hot-button topic right now. With the Biden administration’s latest announcement on their forgiveness plan, nearly 8 million borrowers are eligible for automatic loan forgiveness. Even more borrowers are likely eligible but will have to complete the forgiveness application to submit their income. We have the latest info on student loan forgiveness, how it affects you, and what you need to do next:
Know your loan
Before we begin with the current events of student loans, let’s take a minute to address those considering their first or newest student loans. It’s critical that you know what your loan means for you. You need to know the terms, the interest, how often payments need to be made, and other details that will make a financial difference to you later in life. Be familiar with your loans to avoid any surprises down the line. If you’re unsure what type of loans you’ve received, or if you’re unsure you’ve received any grants, including Pell Grants, you can log in to your account at studentaid.gov.
Research the differences
There are two types of student loans—federal and private. It may seem like an elementary concept, but too many students don’t realize which loan they have until they are already locked in. If you’re unsure, it’s okay—find someone at your school or a trusted colleague who can help you walk through the process. “Better late than never” definitely applies when it comes to learning about your loan—even though we think knowing the information ahead of time is even better than being late.
What is loan forgiveness?
The current administration has extended the student loan payment pause for a final time through December 31, 2022 and announced one-time student loan debt forgiveness. While not everyone qualifies, many of those in student loan debt may find their budget loosening as a result. The current loan forgiveness plan allows federal borrowers to receive up to $10,000 in forgiveness and Pell Grant recipients to receive up to $20,000 in forgiveness. This relief is limited to borrowers who make less than $125,000 per year or married couples (or heads of households) who make less than $250,000 per year.
Is my loan canceled?
Not necessarily—if you owe more than $10,000 (or more than $20,000 as a Pell Grant recipient), you are responsible for any additional amount you owe after the initial amount forgiven. The forgiveness plan provides some relief for the mounting student loan debt plus negates some effects of the pandemic, as many people found themselves unexpectedly without a job at some point over the last two years.
Does everyone get loan forgiveness?
Most federal loans are eligible for forgiveness. However, this does not mean that all hope is lost. If you struggle to make your private student loan payments, reach out to the company that provided your loan. Many offer programs or options that can give you some financial slack for a little while. Don’t get yourself into even more debt, though—be sure to verify the terms of your private loan options just like you would for the loan itself. If your monthly payments are too high, you can refinance or consolidate your private loans to lower your payment or have one manageable loan.
What about student loan relief?
Student loan relief is extended to December 31, 2022. After that, payments will resume. You have a few months to work things out, so take a look at your budget and determine how you can make those payments again as soon as the relief period ends.
How do I get loan forgiveness?
The application to receive student loan forgiveness will be ready by early October—you can sign up to receive updates on the form’s status. Be sure to have your information prepared before the application opens. Check that your income and loans qualify, and gather any records that might support your request. Federal student loan borrowers should aim to apply no later than November 15th. It will take around six weeks to get cancellation after applying for forgiveness, and you’ll want your balance to be eliminated or reduced before December 31st (when the payment pause expires).
If you’re not eligible for student loan forgiveness, or if you still owe a significant amount of money after part of your loans are forgiven, Georgia’s Own is here to help you gain control of your financial freedom. We offer the option to refinance or consolidate your federal and private loans into one monthly loan, giving you one manageable payment and excellent rates—and a quicker route to becoming debt free. Click here to get started today.
Congratulations to our 2022 Jump Start Scholarship winners
Winners (pictured clockwise): Amari Cody, Andrew Lowry, Ariel Nobles, Ashton Engram, Austin Lusane, Nick Chambless, Richard Williams, Jasmine Kilheffer, Jayden Mango, Johnathan Haywood, Landon Conley, Lawrence Carpenter, Madison Smith, Zykyria Price, Morgan Shiver, Shamar Lane, Travis Mansfield, Anzley Jarrett, Victorias Chester, Michael Pratt
Congratulations to our 2022 Jump Start Scholarship winners. In addition to our annual What’s Ne[x]t Scholarship, we awarded $1,000 to 20 students selected by a panel of judges who considered academic record, school and community service, and an essay telling us their goals for the future. Meet this year’s winners:
Amari Cody | Kennesaw State University
Andrew Lowry | University of Georgia
Anzley Jarrett | University of Alabama
Ariel Nobles | Albany State University
Ashton Engram | University of Georgia
Austin Lusane | University of Georgia
Jasmine Kilheffer | Valdosta State University
Jayden Mango | Morehouse College
Johnathan Haywood | Columbus State University
Landon Conley | Kennesaw State University
Lawrence Carpenter | Undecided
Madison Smith | Emmanuel College
Michael Pratt | Georgia Southwestern University
Morgan Shiver | University of Georgia
Nick Chambless | Bryan College
Richard Williams | Georgia Tech
Shamar Lane | Albany State University
Travis Mansfield | University of Georgia
Victorias Chester | Georgia Southern University
Zykyria Price | Savannah State University
Meet our 2022 What’s Ne[x]t Scholarship winners
The 2022 What’s Ne[x]t Scholarship winners are in, and narrowing down three winners from an incredible pool of applicants was more difficult than ever. We awarded a total of $15,000 to three deserving students. Congratulations to Bryn, Alexa, and Zaria. Each of these young women demonstrated an exceptional commitment to their community, a strong academic background, and a bright vision for their future—we are beyond proud to have them in the Georgia’s Own family.
$8,000 Scholarship Winner
Bryn Hammock (Buford) – Pre-Med, Auburn University
$5,000 Scholarship Winner
Alexa Bell (Decatur) – Film and TV, New York University
$2,000 Scholarship Winner
Zaria Owens (Hampton) – Health Sciences, High Point University
Congratulations to our 2021 What’s Ne[x]t Scholarship winners
The 2021 What’s Ne[x]t Scholarship winners are in, and narrowing down three winners from an amazing pool of applicants was more difficult than ever. In addition to our Jump Start Scholarship, we awarded a total of $8,500 to three deserving students. Congratulations to Janae, Jeffrey, and Hannah. Each of these students demonstrated an exceptional commitment to others, a strong academic background, and a bright vision for their future. We are beyond proud to have them in the Georgia’s Own community.
$5,000 Scholarship Winner
Janae Hindsman (Union City) – School Psychology, Georgia State University
$2,500 Scholarship Winner
Jeffrey Lowe (Covington) – Music Management, Georgia State University
$1,000 Scholarship Winner
Hannah Gaston (Covington) – Biochemistry, Georgia Institute of Technology
Congratulations to our 2021 Jump Start Scholarship winners
Winners (pictured clockwise): Adrianna Huckaby, Zuri Hightower, Mary Walton, Madison Blackmon, Leah Jackson, Kennedy Williams, Kendall Rosenberger, Kaimet Haile, Jazmyn Dydell, Emma Barrett, Drew Reich, Chelsea Beauford, Austin Reid, Ari Patterson, Ansley Reich, Andrew Davis, Elijah John Cho, Alicia Lewis
Not pictured: Jayden Mauney, Mary Taylor
Congratulations to our 2021 Jump Start Scholarship winners. In addition to our annual What’s Ne[x]t Scholarship, we awarded $1,000 to 20 students selected by a panel of judges who considered academic record, school and community service, and an essay telling us their goals for the future. Meet this year’s winners:
Adriana Huckaby | Kennesaw State University
Alicia Lewis | Xavier University of Louisiana
Andrew Davis | University of Georgia
Ansley Reich | Georgia Tech
Ari Patterson | Florida A&M University
Austin Reid | Auburn University
Chelsea Beauford | Howard University
Drew Reich | Georgia Tech
Elijah John Cho | University of Georgia
Emma Barrett | Georgia State University
Jayden Mauney | Berry College
Jazmyn Dydell | Alabama State University
Kaimet Haile | University of Georgia
Kendall Rosenberger | University of South Carolina
Kennedy Williams | Georgia Southern University
Leah Jackson | University of West Georgia
Madison Blackmon | Kennesaw State University
Mary Taylor | Florida A&M University
Mary Walton | University of Alabama at Birmingham
Zuri Hightower | Howard University