Sentences with phrase «ffel loans issued»
If you have outstanding balances on FFEL loans issued prior to 2010, there's a good chance you aren't going to receive forgiveness for them.
https://studentloanhero.com/ Not exact matches
It only applies to FFEL loans, meaning loans issued before July 1, 2010.
If you are carrying student loans issued through FFEL (private funding) or Federal Direct loans, such as Stafford or Perkins, you are eligible to consolidate your loans under federal guidelines that will ensure a reasonable fixed rate (no higher than 8.25 %) and extended payment terms (10 to 20 years).
FFEL Loans are issued by private (commercial) lenders but are subsidized by federal government.
If you have a defaulted FFEL Program loan that is held by a guaranty agency, your state tax refunds may be also withheld and applied toward repayment of your loan, and you may lose your driver's license or other state - issued licenses.
The Department of Education will publicly issue a notice of proposed rulemaking tomorrow that could make it easier for people with loans from the Federal Perkins Loan (Perkins) Program, Federal Family Education Loan (FFEL) Program, and William...
At the time that the program started, most of the loans issued were Federal Family Education Loans (Floans issued were Federal Family Education Loans (FLoans (FFEL).
An older loan program called the FFEL (Federal Family Education Loan) program no longer issues new loloan program called the FFEL (Federal Family Education Loan) program no longer issues new loLoan) program no longer issues new loans.
Even though no new FFEL Program loans are being issued, they will need to be serviced for many years to come as people pay them back, hence the existence of servicers like AES.
When OSLA was created, the student loan servicer focused primarily on servicing FFEL Program loans issued by the federal government.
There are nine companies with contracts to service student loans issued under the Direct Loan Program, the federal government's largest education lending program, and the Federal Family Education Loan (FFEL) Program.
Before it's discontinuance in 2010, the FFEL Program issued loans from private banks and other lending institutions; yet, these loans were still considered federal because the government guaranteed them.