Have student loans? You’ve probably seen social media ads, received emails, or even opened a piece of mail from companies promising to reduce your monthly loan payments or cancel your loans.

But here’s the catch. These companies are doing something you can do yourself, but they’ll charge you a fee.

To view full article, visit blog.ed.gov/2015/08/dont-pay-for-student-loan-debt-relief/

Starting May 10, 2015, the Federal Student Aid PIN will be replaced with the FSA ID. The new FSA ID consists of a user-created username and password to electronically access personal information on Federal Student Aid Web sites. Once FSA ID has been implemented, you will be directed to create your username and password.