Under the Direct and
FFEL Consolidation Loan programs, only the portion of the consolidation loan used to repay eligible Direct Loans or FFEL Program loans qualifies for loan forgiveness.
Not exact matches
This includes
FFEL Program Loans that were repaid through a Direct
Consolidation Loan, if they meet these criteria.
Step 3: Lastly, while
FFEL Program and Perkins
loans are not eligible for PSLF, you may be able to get around this by taking out a Direct
Consolidation Loan, which is eligible for PSLF.
However, if you consolidate your
FFEL Program loans into a Direct
Consolidation Loan, you'll then have access to the REPAYE, PAYE, and ICR plans.
However, if you consolidate a
FFEL Program Loan or Federal Perkins Loan into a Direct Consolidation Loan, you may then be able to repay the Direct Consolidation Loan under the REPAYE, PAYE, and ICR Plan (depending on the type of loan that you consolida
Loan or Federal Perkins
Loan into a Direct Consolidation Loan, you may then be able to repay the Direct Consolidation Loan under the REPAYE, PAYE, and ICR Plan (depending on the type of loan that you consolida
Loan into a Direct
Consolidation Loan, you may then be able to repay the Direct Consolidation Loan under the REPAYE, PAYE, and ICR Plan (depending on the type of loan that you consolida
Loan, you may then be able to repay the Direct
Consolidation Loan under the REPAYE, PAYE, and ICR Plan (depending on the type of loan that you consolida
Loan under the REPAYE, PAYE, and ICR Plan (depending on the type of
loan that you consolida
loan that you consolidate).
Perkins or
FFEL Program loans, for example, are not eligible for Public Service
Loan Forgiveness, unless they are consolidated into a Direct
Consolidation Loan.
Loan consolidation can be helpful if you have multiple servicers,
loans from the Federal Family Education Loan (FFEL) Program, or Federal Perkins L
loans from the Federal Family Education
Loan (
FFEL)
Program, or Federal Perkins
LoansLoans.
In addition to the standard ten - year repayment, government debt
consolidation loan programs offer four repayment plans: standard plan, extended payment plan, graduated payment plan (DL only) and income contingent repayment plan (
FFEL only).
Parents with PLUS
loans who apply for a
consolidation loan through the FFEL program are not required to pass a credit check; parents with PLUS loans who apply for a Direct Consolidation Loan must undergo a check for adverse cr
consolidation loan through the FFEL program are not required to pass a credit check; parents with PLUS loans who apply for a Direct Consolidation Loan must undergo a check for adverse credit hist
loan through the
FFEL program are not required to pass a credit check; parents with PLUS
loans who apply for a Direct
Consolidation Loan must undergo a check for adverse cr
Consolidation Loan must undergo a check for adverse credit hist
Loan must undergo a check for adverse credit history.
You repay the
FFEL consolidation loan to the private lender that made the
loan if you consolidate with the
program.
Two
consolidation programs — the Federal Family Education
Loan (
FFEL)
Program and the Federal Direct
Loan Program — have historically been available although many
FFEL lenders no longer offer
consolidation loans.
The Direct
Loan (DL) Program and the Federal Family Education Loan (FFEL) Program are two programs that fall under the Higher Education Act (HEA); both allow loan consolidation to pay off multiple federal student lo
Loan (DL)
Program and the Federal Family Education
Loan (FFEL) Program are two programs that fall under the Higher Education Act (HEA); both allow loan consolidation to pay off multiple federal student lo
Loan (
FFEL)
Program are two
programs that fall under the Higher Education Act (HEA); both allow
loan consolidation to pay off multiple federal student lo
loan consolidation to pay off multiple federal student
loans.
Federal
consolidation programs include Direct
Loans and
FFEL Loans.
Can my and my spouse's joint
consolidation loan from the Federal Family Education Loan (FFEL) Program be consolidated into a Direct Consolidation Loan so that one or both of us can qual
consolidation loan from the Federal Family Education Loan (FFEL) Program be consolidated into a Direct Consolidation Loan so that one or both of us can qualify for P
loan from the Federal Family Education
Loan (FFEL) Program be consolidated into a Direct Consolidation Loan so that one or both of us can qualify for P
Loan (
FFEL)
Program be consolidated into a Direct
Consolidation Loan so that one or both of us can qual
Consolidation Loan so that one or both of us can qualify for P
Loan so that one or both of us can qualify for PSLF?
If you have
FFEL Program or Perkins
Loan Program loans, you may consolidate them into a Direct
Consolidation Loan, to take advantage of PSLF.
IBR is only available for federal college
loans, so any Stafford, PLUS and Consolidation Loans under Direct or FFEL programs are elig
loans, so any Stafford, PLUS and
Consolidation Loans under Direct or FFEL programs are elig
Loans under Direct or
FFEL programs are eligible.
If you do not have other federal education
loans to include in the new
consolidation loan, you can not reconsolidate a
consolidation loan unless you are consolidating the
loans to move them from the
FFEL program to the direct
loan program.
Federal Family Education
Loan (
FFEL)
Program loans, including the Subsidized Federal Stafford Loans, Unsubsidized Stafford Loans, Federal PLUS Loans (for parents and graduate or professional students), and Federal Consolidation Loans (except for joint spousal consolidation l
loans, including the Subsidized Federal Stafford
Loans, Unsubsidized Stafford Loans, Federal PLUS Loans (for parents and graduate or professional students), and Federal Consolidation Loans (except for joint spousal consolidation l
Loans, Unsubsidized Stafford
Loans, Federal PLUS Loans (for parents and graduate or professional students), and Federal Consolidation Loans (except for joint spousal consolidation l
Loans, Federal PLUS
Loans (for parents and graduate or professional students), and Federal Consolidation Loans (except for joint spousal consolidation l
Loans (for parents and graduate or professional students), and Federal
Consolidation Loans (except for joint spousal consoli
Consolidation Loans (except for joint spousal consolidation l
Loans (except for joint spousal
consolidationconsolidation loansloans)
Only in rare cases, including if you have new
loans to consolidate that were not included in the first
consolidation loan, if you are in default on a
FFEL consolidation loan or if you want to get into the public service forgiveness
program.
According to information from the Direct
Loan program, your current FFEL Spousal Consolidation loan are both eligible and ineligible if we accept the PSLF statem
Loan program, your current
FFEL Spousal
Consolidation loan are both eligible and ineligible if we accept the PSLF statem
loan are both eligible and ineligible if we accept the PSLF statement.
Then the
program says
FFEL Spousal
Consolidation Loans may not be rolled into the Direct
Loan program to consolidate them.
If you have a Direct
Loan or Federal Family Education Loan (FFEL), you can consolidate it with your HEAL program loans into a Direct Consolidation l
Loan or Federal Family Education
Loan (FFEL), you can consolidate it with your HEAL program loans into a Direct Consolidation l
Loan (
FFEL), you can consolidate it with your HEAL
program loans into a Direct
Consolidation loanloan.
The income - sensitive repayment plan is designed for
FFEL loan programs, such as Federal Stafford
Loans, PLUS Loans, and consolidation l
Loans, PLUS
Loans, and consolidation l
Loans, and
consolidation loansloans.
Perkins or
FFEL Program loans, for example, are not eligible for Public Service
Loan Forgiveness, unless they are consolidated into a Direct
Consolidation Loan.
The most recent cuts, in the College Cost Reduction and Access Act of 2007, when combined with the savings from the Ensuring Continued Access to Student
Loans Act of 2008 (ECASLA), caused the FFEL program to cost less than the Direct Loan program in FY2008 on a per - dollar - lent basis even when certain types of high - risk consolidation loans are excluded from the anal
Loans Act of 2008 (ECASLA), caused the
FFEL program to cost less than the Direct
Loan program in FY2008 on a per - dollar - lent basis even when certain types of high - risk
consolidation loans are excluded from the anal
loans are excluded from the analysis.
Any Stafford, Grad PLUS or
Consolidation loan made under either the Direct Loan or FFEL program is eligible for repayment under IBR, EXCEPT loans that are currently in default, parent PLUS Loans, or consolidation loans that repaid a pare
Consolidation loan made under either the Direct Loan or FFEL program is eligible for repayment under IBR, EXCEPT loans that are currently in default, parent PLUS Loans, or consolidation loans that repaid a parent PLUS L
loan made under either the Direct
Loan or FFEL program is eligible for repayment under IBR, EXCEPT loans that are currently in default, parent PLUS Loans, or consolidation loans that repaid a parent PLUS L
Loan or
FFEL program is eligible for repayment under IBR, EXCEPT
loans that are currently in default, parent PLUS Loans, or consolidation loans that repaid a parent PLUS
loans that are currently in default, parent PLUS
Loans, or consolidation loans that repaid a parent PLUS
Loans, or
consolidation loans that repaid a pare
consolidation loans that repaid a parent PLUS
loans that repaid a parent PLUS
LoanLoan.
For this purpose, eligible
FFEL Program loans are Subsidized and Unsubsidized Federal Stafford Loans, FFEL PLUS Loans for graduate or professional students, and FFEL Consolidation Loans that did not repay any PLUS loans for par
loans are Subsidized and Unsubsidized Federal Stafford
Loans, FFEL PLUS Loans for graduate or professional students, and FFEL Consolidation Loans that did not repay any PLUS loans for par
Loans,
FFEL PLUS
Loans for graduate or professional students, and FFEL Consolidation Loans that did not repay any PLUS loans for par
Loans for graduate or professional students, and
FFEL Consolidation Loans that did not repay any PLUS loans for par
Loans that did not repay any PLUS
loans for par
loans for parents.
FFEL Program loans that are currently in default, FFEL PLUS Loans for parents, and FFEL Consolidation Loans that repaid PLUS loans for parents are not counted as eligible loan
loans that are currently in default,
FFEL PLUS
Loans for parents, and FFEL Consolidation Loans that repaid PLUS loans for parents are not counted as eligible loan
Loans for parents, and
FFEL Consolidation Loans that repaid PLUS loans for parents are not counted as eligible loan
Loans that repaid PLUS
loans for parents are not counted as eligible loan
loans for parents are not counted as eligible
loan debt.
I financed my education with
FFEL loans, making payments in - full and on - time until February 2006, at which time I was offered a Federal Direct
Consolidation Loan by the William D. Ford Federal Direct
Loan Program.
Loans that are currently in default, Direct PLUS Loans made to parents, Direct Consolidation Loans that repaid PLUS loans made to parents, and Federal Family Education Loan (FFEL) Program loans are NOT eligible for repayment under Pay As You
Loans that are currently in default, Direct PLUS
Loans made to parents, Direct Consolidation Loans that repaid PLUS loans made to parents, and Federal Family Education Loan (FFEL) Program loans are NOT eligible for repayment under Pay As You
Loans made to parents, Direct
Consolidation Loans that repaid PLUS loans made to parents, and Federal Family Education Loan (FFEL) Program loans are NOT eligible for repayment under Pay As You
Loans that repaid PLUS
loans made to parents, and Federal Family Education Loan (FFEL) Program loans are NOT eligible for repayment under Pay As You
loans made to parents, and Federal Family Education
Loan (
FFEL)
Program loans are NOT eligible for repayment under Pay As You
loans are NOT eligible for repayment under Pay As You Earn.
So in the case of the
FFEL spousal
consolidation loan where one person wants to take over the loan, such as in the reader example of making it eligible for the Public Service Loan Forgiveness program, the Department of Education says they can't get a Direct Consolidation Loan to pay off the FFEL spousal consol
consolidation loan where one person wants to take over the loan, such as in the reader example of making it eligible for the Public Service Loan Forgiveness program, the Department of Education says they can't get a Direct Consolidation Loan to pay off the FFEL spousal consolidation L
loan where one person wants to take over the
loan, such as in the reader example of making it eligible for the Public Service Loan Forgiveness program, the Department of Education says they can't get a Direct Consolidation Loan to pay off the FFEL spousal consolidation L
loan, such as in the reader example of making it eligible for the Public Service
Loan Forgiveness program, the Department of Education says they can't get a Direct Consolidation Loan to pay off the FFEL spousal consolidation L
Loan Forgiveness
program, the Department of Education says they can't get a Direct
Consolidation Loan to pay off the FFEL spousal consol
Consolidation Loan to pay off the FFEL spousal consolidation L
Loan to pay off the
FFEL spousal
consolidationconsolidation LoanLoan.
Extended Repayment Plan - This plan is eligible for those with over $ 30,000 in outstanding Direct
Loans or FFEL Program loans, those with PLUS loans, and any Consolidation L
Loans or
FFEL Program loans, those with PLUS loans, and any Consolidation L
loans, those with PLUS
loans, and any Consolidation L
loans, and any
Consolidation LoansLoans.
(Students in the
FFEL program who have at least one Direct
Loan, however, may obtain a Federal Direct
Consolidation Loan, and use it to lock in the lower in - school rate before graduation.)
Step 3: Lastly, while
FFEL Program and Perkins
loans are not eligible for PSLF, you may be able to get around this by taking out a Direct
Consolidation Loan, which is eligible for PSLF.
However, if you have a
FFEL program or Perkins
Loan, you may be able to consolidate them into a direct consolidation loan in order to be eligible for the P
Loan, you may be able to consolidate them into a direct
consolidation loan in order to be eligible for the P
loan in order to be eligible for the PSLF.
However, if you consolidate your
FFEL Program loans into a Direct
Consolidation Loan, you'll then have access to the REPAYE, PAYE, and ICR plans.