The Coronavirus Aid, Relief and Economic Security Act, or CARES, suspends payments for all federally held student loans until Sept. 30, 2020. Interest rates on all federal student loans have also been reduced to zero until Sept. 30, 2020. But what if your student loans don't qualify? If you took out a private loan to pay for school, your loan is not included in the CARES Act.
If you have sewing skills, your talents are needed. Lutheran Social Service of Minnesota (LSS) is inviting Minnesotans to sew protective face masks to protect against sneezes and coughs to help safeguard people supported by the organization, employees, volunteers and the greater community. Please visit www.lssmn.org/sewmasks for information about patterns to use, where to mail or drop-off masks, and updates.
Minnesota college graduates carry the ninth highest average student loan debt nationwide, at $32,317 per student. For student loan borrowers, including those who have lost jobs or had work hours reduced recently, LSS Financial Counseling can help. The longtime, nonprofit financial counseling provider received a new grant from the Minnesota Office of Higher Education to expand repayment counseling for students who are worried about repaying their student loans.
Members of Tapestry Interfaith Women, a Plymouth-based organization with a mission to promote religious understanding and friendship through dialogue between women and youth of different faiths and backgrounds, have rallied to bring joy to homeless youth.
“We all need to feel that we are adding to the solution when a crisis hits us, and it’s hard to know where to begin until someone puts an idea on the table,” said Tapestry co-founder Peggy Fairbourne, who learned of the need from her daughter, who works for Lutheran Social Service.
If you’re looking for meaningful ways to help your neighbors right now, consider getting involved to support Meals on Wheels through Lutheran Social Service of Minnesota (LSS).
Healthy volunteers are needed to help package and deliver meals to older Minnesotans who are unable to leave their homes from 10:30 a.m. to 11:30 a.m. daily. Pickup locations in Redwood Falls vary based on delivery area.
With change and uncertainty around COVID-19, you may be feeling greater anxiety, worry and stress – especially around personal finances.
Some of us are facing the possibility of reduced income with hours cutback at work, while parents are scrambling to find child care or cover shifts so they can stay home because their child’s school has closed. Many households are stocking up on food staples and supplies, creating strain on budgets. And, there is turbulence in the stock market.