Sentences with phrase «direct loan program»

The federal Direct Loan program is estimated to provide a substantial profit to the federal government.

This is a repayment plan that is specifically for Direct Loan programs.

Native American Direct Loan program: This helps qualified Native American veterans buy, build, improve or refinance a home located on federal trust land.

- Any other Direct Loan program if monthly payments made were equal or greater than the payments required if you were on the 10 year standard repayment plan.

Native American Direct Loan Since 1992, the Native American Veteran Direct Loan program has helped Native American veterans and their spouses purchase homes on federal trust lands.

If you have eligible loans under Direct Loan Program, you are qualified to enrol for Revised Pay as You Earn Repayment Plan.

Rather than being doled out through the William D. Ford Direct Loan program as with most federal student loans, each loan is made directly to you from the school itself.

Rehabilitation of Direct Loan program loans is automatic when the borrower has completed the steps required to rehabilitate the loan.

To qualify for a loan forgiveness, the borrower will need to make 120 qualifying payments to the William D Ford Federal Direct Loan Program on their loans.

The William D. Ford Federal Direct Loan Program includes Direct Subsidized Loans, Direct Unsubsidized Loans, Direct PLUS Loans and Direct Consolidation Loans.

NOTE: Payments you make under a 10 - year Standard Repayment Plan or under any other Direct Loan Program repayment plan with payments that are at least equal to what you would have been required to pay under the 10 - year Standard Repayment plan also count toward PSLF.

While some schools have participated in the Federal Direct Loan Program since its inception in the early»90s, SAFRA requires that all federal student loans now be originated through the U.S. Department of Education.

The Department of Veteran Affairs, through the VA direct loan program supplies home financing to eligible veterans in areas where private financing is not generally available and helps veterans purchase properties with no down payment.

For example, if you teach full - time for five consecutive years in a low - income school, you might be able to receive forgiveness for up to $ 17,500 on your FFEL and Direct Loan program student loans.

USDA Rural Development's Section 502 Direct Loan Program provides a path to homeownership for low - and very - low - income families living in rural areas, and families who truly have no other way to make affordable homeownership a reality.

In 2008 - 09, about 30 percent of schools have also opted to participate in the federal government Direct Loan program (up from 19 percent in 2007 - 08) according to Tim Ranzetta, founder of Student Lending Analytics.

82, associate dean of admissions and director of student financial services at Carleton College in Minnesota, says the emergence of the government's direct loan program resulted in improved customer service by the private banks.

The Harvard Graduate School of Education, like all of Harvard University, participates in the Federal Direct Loan Program offered through the U.S. Department of Education.

Now, the Department of Education distributes loans through the federal Direct Loan Program directly to students.

The FSA internally finances a separate direct loan program.

Students who are first - time borrowers at the School of Law under the Federal Direct Loan Programs need to complete the entrance loan counseling requirement.

The Obama's Student Loan Forgiveness Program, officially known as the reformed Direct Loan Program of 2010 signed by President Obama, exists to expand the available benefits of the current federal student loan program.

Comparing the default rates for the FFEL and Direct Loan program segmented according to level and control of institution demonstrates default rates that are much closer.

Less than 1 year later, in 2007, The William D. Ford Federal Direct Loan Program instituted PSLF for Federal Direct Student Loans, including Federal Direct Consolidation Loans.

In making the calculation, it is important to note that an interest rate that is lower than the repayment period rate applies to most subsidized and unsubsidized Stafford loans in the FFEL and Direct Loan programs during the in - school, grace, and deferment periods.

The IBR plan offers a simpler formula for borrowers than did income - contingent repayments, and is available to both the FFEL and Direct Loan programs as opposed to solely Direct Loans.

Get additional information on the Federal Direct Loan Program on the Federal Student Aid website.

Pay As You Earn Repayment Plan (PAYE Plan): This income based repayment is for Direct Loan Program borrowers who borrowed their student loans on or after Oct. 1, 2007.

Any other Direct Loan Program repayment plan; but only payments that are at least equal to the monthly payment amount that would have been required under the 10 - year Standard Repayment Plan may be counted toward the required 120 payments.

Native American Direct Loan (NADL) Program: First, confirm that your tribal organization participates in the VA direct loan program.

NOTE: Payments you make under a 10 - year Standard Repayment Plan or under any other Direct Loan Program repayment plan with payments that are at least equal to what you would have been required to pay under the 10 - year Standard Repayment plan also count toward PSLF.

Native Americans involved in the VA Native American Direct Loan program are only required to pay a funding fee of 1.25 percent.

With the passage of the Health Care and Education Reconciliation Act of 2010, students and their parents were eligible to borrow through the Federal Direct Loan Program through the Department of Education.

And while that's not illegal, it is against the law to make false claims about the nature of the service or lie about being affiliated with the government's Direct Loan Program.

A federal student loan, made through the William D. Ford Federal Direct Loan Program, that eligible students and parents borrow directly from the U.S. Department of Education at participating schoo...

For example: The minimum monthly payment for all of your loans within the Federal Direct Loan Program is $ 50.

Only loans that were dispersed under the William D. Ford Federal Direct Loan Program are eligible to be forgiven under this funding mechanism.

This benefit only applies to the Federal Direct Loans Program.

FedLoan Servicing services two main types of federal loan programs: FFELP and the William D. Ford Federal Direct Loan Program loans.

The William D. Ford Federal Direct Loan Program is the largest federal student loan program.

Currently, there's only one federal loan category that's distributing new loans: the William D. Ford Federal Direct Loan Program.

However, in recent years, all federal government loans are now offered only through the Direct Loan Program by the Department of Education.

Although made under the Direct Loan Program, Direct PLUS Loans for parents must be consolidated into a Direct Consolidation Loan in order to benefit from PSLF.

Through the direct loan program, parents of college students may also borrow to help pay for higher education expenses.

The most widely used federal student loans are Stafford loans through the Direct Loan Program.

But the Perkins Loan Program expired, leaving borrowers with just the Direct Loan Program.