College Loan Advice What is a Credit Report? Written by Shannon Vasconceloson June 14th, 2022 I came to College Coach with close to 10 years of experience in college financial aid offices. I began my career at Boston University, where I counseled students and their parents on the financial aid process and reviewed undergraduate financial aid applications. At Tufts University, where I served as assistant director of financial aid, I developed expertise in the field of health professions financial aid. I was responsible for financial aid application review, grant awarding and loan processing, and college financing and debt management counseling for both pre- and post-doctoral dental students. I have also served as an active member of the Massachusetts Association of Student Financial Aid Administrator’s Early Awareness and Outreach Committee, coordinating early college awareness activities for middle school students; as a trainer for the Department of Education’s National Training for Counselors and Mentors, educating high school guidance counselors on the financial aid process; and as a volunteer for FAFSA Day Massachusetts, aiding students and parents with the completion of online financial aid applications. Learn More About Shannon college loans, student loans, credit report, When is the last time you reviewed your credit report? In the month of June we are often asked by families if student loans will appear on their credit report. The answer is yes! Student loans appear on this detailed summary of your credit history and are factored into your overall credit score, just like any other type of loan. Additionally, if a parent co-signs a loan with a student the loan will appear on the credit report for both parties. In this brief video, we highlight what is a credit report and why it’s important. Don’t forget to subscribe to our YouTube Channel to keep up to date on all the latest college planning tips from our college admissions and finance experts. Work with our college finance experts to help you determine the best way to pay for college. Find Out More Related Resources Read | Posted on April 11th, 2024 How Much College Debt is Too Much? Read | Posted on March 28th, 2024 What is a Federal Parent PLUS Loan? Read | Posted on February 6th, 2024 Is the SAVE Student Loan Repayment Plan Right for Me?
