Not exact matches
At this time, only
federal direct loans are eligible for PSLF, but a consolidation of other types of
loans may indirectly provide
loan forgiveness to some
qualified borrowers.
If you have both
Direct Loans and other types of federal student loans that you want to consolidate to take advantage of PSLF, it's important to understand that if you consolidate your existing Direct Loans with the other loans, you will lose credit for any qualifying PSLF payments you made on your Direct Loans before they were consolid
Loans and other types of
federal student
loans that you want to consolidate to take advantage of PSLF, it's important to understand that if you consolidate your existing Direct Loans with the other loans, you will lose credit for any qualifying PSLF payments you made on your Direct Loans before they were consolid
loans that you want to consolidate to take advantage of PSLF, it's important to understand that if you consolidate your existing
Direct Loans with the other loans, you will lose credit for any qualifying PSLF payments you made on your Direct Loans before they were consolid
Loans with the other
loans, you will lose credit for any qualifying PSLF payments you made on your Direct Loans before they were consolid
loans, you will lose credit for any
qualifying PSLF payments you made on your
Direct Loans before they were consolid
Loans before they were consolidated.
If you've already made
qualifying payments on your
Direct Loans, but also have federal student loans that are not eligible for PSLF, a good option may be to consolidate your other federal loans without including your Direct L
Loans, but also have
federal student
loans that are not eligible for PSLF, a good option may be to consolidate your other federal loans without including your Direct L
loans that are not eligible for PSLF, a good option may be to consolidate your other
federal loans without including your Direct L
loans without including your
Direct LoansLoans.
In order to
qualify for PAYE, you need to have borrowed your first
federal student
loan after October 1, 2007, and you need to have borrowed a Direct Loan or a Direct Consolidation Loan after October 1, 2
loan after October 1, 2007, and you need to have borrowed a
Direct Loan or a Direct Consolidation Loan after October 1, 2
Loan or a
Direct Consolidation
Loan after October 1, 2
Loan after October 1, 2011.
You must have over $ 30,000 worth of
Direct Loans or
Federal Family Education
Loans (FFEL) to
qualify for this repayment plan.
For example: You may be working in
qualifying employment for PSLF and enrolled in IBR to receive lowered income - based payments on your
Federal Direct Loans.
The Department stated that these findings
qualify students enrolled in the covered programs and time periods to apply for a discharge of their
federal Direct Loans through an expedited process using a simple attestation form.
The Department has stated that these Heald College findings
qualify students enrolled in the covered programs and time periods to apply for a discharge of their
federal Direct Loans through an expedited process using a simple attestation form.
If you have several types of
federal loans, you can consolidate them into a
Direct Consolidation
Loan so they'll qualify — but your prior loan payments won't co
Loan so they'll
qualify — but your prior
loan payments won't co
loan payments won't count.
Federal Perkins
Loans and
Federal Direct Loan borrowers may qualify for various types of loan forgiveness and / or cancelation programs for working in high need teaching areas and public service j
Loan borrowers may
qualify for various types of
loan forgiveness and / or cancelation programs for working in high need teaching areas and public service j
loan forgiveness and / or cancelation programs for working in high need teaching areas and public service jobs.
While borrower defense applications typically require the borrower to specifically show that his or her school violated state law, the Everest and WyoTech findings
qualify students enrolled in the covered programs and time periods to apply for a discharge of their
federal Direct Loans through an expedited process using a simple attestation form.
They have higher interest rates and fees and
qualify for fewer repayment plans than
federal direct subsidized and unsubsidized
loans for students.
The Heald College findings
qualify students enrolled in the covered programs during the covered time periods to apply for a discharge of their
federal Direct Loans through an expedited process using a simple online attestation form.
Loans that can qualify if they are consolidated include Direct PLUS loans made to parents; subsidized and unsubsidized Stafford loans; FFEL PLUS Loans; FFEL PLUS loans for parents; Federal Perkins loans and FFEL consolidation l
Loans that can
qualify if they are consolidated include
Direct PLUS
loans made to parents; subsidized and unsubsidized Stafford loans; FFEL PLUS Loans; FFEL PLUS loans for parents; Federal Perkins loans and FFEL consolidation l
loans made to parents; subsidized and unsubsidized Stafford
loans; FFEL PLUS Loans; FFEL PLUS loans for parents; Federal Perkins loans and FFEL consolidation l
loans; FFEL PLUS
Loans; FFEL PLUS loans for parents; Federal Perkins loans and FFEL consolidation l
Loans; FFEL PLUS
loans for parents; Federal Perkins loans and FFEL consolidation l
loans for parents;
Federal Perkins
loans and FFEL consolidation l
loans and FFEL consolidation
loansloans.
Your student
loan qualifies for the PSLF if you specifically received a loan under the William D. Ford Federal Direct Loan (Direct Loan) Prog
loan qualifies for the PSLF if you specifically received a
loan under the William D. Ford Federal Direct Loan (Direct Loan) Prog
loan under the William D. Ford
Federal Direct Loan (Direct Loan) Prog
Loan (
Direct Loan) Prog
Loan) Program.
He
qualifies for the
Federal DIRECT subsidized
loan of $ 4,500 per academic year, or $ 2,250 per semester.
Borrowers who have
Federal Direct Consolidation
Loans are also able to
qualify for PSLF (Public Service
Loan Forgiveness).
So if a school's total cost of attendance is $ 20,000 and your EFC is $ 4,000, you
qualify for up to $ 16,000 of need - based aid via programs like the
federal Pell Grant, Perkins and
direct subsidized
loans and the work - study program.
Under the Teacher
Loan Forgiveness Program (TLFP), Federal Stafford and Federal Direct loan borrowers who teach for five consecutive, complete years at an eligible school may qualify to have some of their loan balances forgi
Loan Forgiveness Program (TLFP),
Federal Stafford and
Federal Direct loan borrowers who teach for five consecutive, complete years at an eligible school may qualify to have some of their loan balances forgi
loan borrowers who teach for five consecutive, complete years at an eligible school may
qualify to have some of their
loan balances forgi
loan balances forgiven.
Public Service
Loan Forgiveness (PSLF) Program Forgives the remaining balance on your
Federal Direct Loans after 120
qualifying payments (10 years).
Prosecutors working in an agency that enforces criminal law may
qualify to have some of their Perkins
Loans (not
Direct Loans) forgiven under 34 CFR (Code of
Federal Regulations) Section 674.57.
At this time, only
federal direct loans are eligible for PSLF, but a consolidation of other types of
loans may indirectly provide
loan forgiveness to some
qualified borrowers.
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 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 qualify for P
Loan so that one or both of us can
qualify for PSLF?
Attorneys working in a nonprofit child or family service agency with high risk children from low income families may
qualify to have some of their Perkins
Loans (not
Direct Loans) forgiven under 34 CFR (Code of
Federal Regulations) Section 674.51.
For this reason, if you've made
qualifying PSLF payments on your
Direct Loans and you're thinking of consolidating those loans into a Direct Consolidation Loan along with loans you received under other federal student loan programs, you should leave your Direct Loans out of the consolidation and consolidate only your loans from other federal student loan prog
Loans and you're thinking of consolidating those
loans into a Direct Consolidation Loan along with loans you received under other federal student loan programs, you should leave your Direct Loans out of the consolidation and consolidate only your loans from other federal student loan prog
loans into a
Direct Consolidation
Loan along with loans you received under other federal student loan programs, you should leave your Direct Loans out of the consolidation and consolidate only your loans from other federal student loan progr
Loan along with
loans you received under other federal student loan programs, you should leave your Direct Loans out of the consolidation and consolidate only your loans from other federal student loan prog
loans you received under other
federal student
loan programs, you should leave your Direct Loans out of the consolidation and consolidate only your loans from other federal student loan progr
loan programs, you should leave your
Direct Loans out of the consolidation and consolidate only your loans from other federal student loan prog
Loans out of the consolidation and consolidate only your
loans from other federal student loan prog
loans from other
federal student
loan progr
loan programs.
Those who have borrowed from the
Federal Family Education Loan Program, as an example, are required to consolidate their loans into a federal Direct Consolidation Loan in order to qualify for some income - driven repayment plans, or for Public Student Loan Forgi
Federal Family Education
Loan Program, as an example, are required to consolidate their
loans into a
federal Direct Consolidation Loan in order to qualify for some income - driven repayment plans, or for Public Student Loan Forgi
federal Direct Consolidation
Loan in order to
qualify for some income - driven repayment plans, or for Public Student
Loan Forgiveness.
No matter where you are in the borrowing process, visit StudentLoans.gov to find out if you
qualify for one of the four types of
Federal Direct Loans:
The results will tell you if you
qualify for
loans from the William D. Ford Federal Direct Loan Program that includes Direct Subsidized Loans, Direct Unsubsidized Loans, Direct PLUS Loans and Direct Consolidation L
loans from the William D. Ford
Federal Direct Loan Program that includes
Direct Subsidized
Loans, Direct Unsubsidized Loans, Direct PLUS Loans and Direct Consolidation L
Loans,
Direct Unsubsidized
Loans, Direct PLUS Loans and Direct Consolidation L
Loans,
Direct PLUS
Loans and Direct Consolidation L
Loans and
Direct Consolidation
LoansLoans.
All types of
federal loans consolidated into a
Direct Consolidation
Loan qualify for forgiveness.
For a payment to count as one of the required 120
qualifying payments, you must be a full - time employee at a
qualifying public service organization on the date that your
federal loan servicer receives your monthly Direct Loan paym
loan servicer receives your monthly
Direct Loan paym
Loan payment.
Another program offered by the
federal government is PSLF, which forgives any remaining balance on your Federal Direct Loans after 120 qualifying pa
federal government is PSLF, which forgives any remaining balance on your
Federal Direct Loans after 120 qualifying pa
Federal Direct Loans after 120
qualifying payments.
While
federal direct loans are the easiest type of student
loans to
qualify for, they aren't always the best deal.
Fact: Savings might not be a major factor when a school decides if a student
qualifies for
Federal Direct Unsubsidized
Loans.
Under this program,
federal student loan borrowers may qualify for forgiveness of the remaining balance of their Federal Direct Loans after making 120 qualifying payments on those loans while employed full - time by certain public service emp
federal student
loan borrowers may
qualify for forgiveness of the remaining balance of their
Federal Direct Loans after making 120 qualifying payments on those loans while employed full - time by certain public service emp
Federal Direct Loans after making 120 qualifying payments on those loans while employed full - time by certain public service emplo
Loans after making 120
qualifying payments on those
loans while employed full - time by certain public service emplo
loans while employed full - time by certain public service employers.
The rules get even more confusing, «If you have both
Direct Loans and other types of federal student loans that you want to consolidate to take advantage of PSLF, it's important to understand that if you consolidate your existing Direct Loans with the other loans, you will lose credit for any qualifying PSLF payments you made on your Direct Loans before they were consolidated.&r
Loans and other types of
federal student
loans that you want to consolidate to take advantage of PSLF, it's important to understand that if you consolidate your existing Direct Loans with the other loans, you will lose credit for any qualifying PSLF payments you made on your Direct Loans before they were consolidated.&r
loans that you want to consolidate to take advantage of PSLF, it's important to understand that if you consolidate your existing
Direct Loans with the other loans, you will lose credit for any qualifying PSLF payments you made on your Direct Loans before they were consolidated.&r
Loans with the other
loans, you will lose credit for any qualifying PSLF payments you made on your Direct Loans before they were consolidated.&r
loans, you will lose credit for any
qualifying PSLF payments you made on your
Direct Loans before they were consolidated.&r
Loans before they were consolidated.»
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 lo
loan forgiveness, the borrower will need to make 120
qualifying payments to the William D Ford
Federal Direct Loan Program on their lo
Loan Program on their
loans.
The Public Sevice
Loan Forgiveness Program allows individuals with a direct federal loan to qualify for complete forgiveness after making 120 qualifying payme
Loan Forgiveness Program allows individuals with a
direct federal loan to qualify for complete forgiveness after making 120 qualifying payme
loan to
qualify for complete forgiveness after making 120
qualifying payments.
Also, other
federal loans can
qualify if they are consolidated into a
Direct Consolidation
Loan.
Although a
Federal Direct Consolidation
Loan does not normally qualify to bypass the single holder rule, the consolidation loan in this case was made under the authority of 428C (b)(5) and so qualifies as being received «under this section&raq
Loan does not normally
qualify to bypass the single holder rule, the consolidation
loan in this case was made under the authority of 428C (b)(5) and so qualifies as being received «under this section&raq
loan in this case was made under the authority of 428C (b)(5) and so
qualifies as being received «under this section».
Note that you must have at least one FFEL or
Direct Loan to qualify for federal loan consolidat
Loan to
qualify for
federal loan consolidat
loan consolidation.
The good thing about these
Direct Loans is though they both have the standard repayment term of 10 years, you may qualify for a longer term if you have more that $ 30,000 in federal student loans or consolidate your l
Loans is though they both have the standard repayment term of 10 years, you may
qualify for a longer term if you have more that $ 30,000 in
federal student
loans or consolidate your l
loans or consolidate your
loansloans.
The program's rules are unusually complicated, and require borrowers to have a specific kind of
loan (a
direct federal loan), to make monthly payments under one type of plan (income - driven repayment) and to work for a
qualifying employer (generally a public sector organization, or a 501 (c) 3 nonprofit organization).
If you have a
qualified public service job for 10 years and make 120 on - time student
loan payments while working that job, you can have the remaining balance on William D. Ford
Federal Direct Loans dismissed.
Here's a cheatsheet to see if your
loan qualifies for one of the repayment plans listed in this article: Standard Repayment Plan
Direct Subsidized and Unsubsidized
Loans, Subsidized and Unsubsidized Federal Stafford Loans, all PLUS l
Loans, Subsidized and Unsubsidized
Federal Stafford
Loans, all PLUS l
Loans, all PLUS
loansloans.
To
qualify, you also must have subsidized or unsubsidized
Direct Loans or
federal Stafford
Loans.
Under this program,
federal student
loan borrowers may receive forgiveness of the remaining balance of their
federal Direct Loans after making 120 payments while employed full - time by
qualified public service employers.
Native American
Direct Loan program: This helps
qualified Native American veterans buy, build, improve or refinance a home located on
federal trust land.
You must still include at least one
Direct Loan or
Federal Family Education
Loan to
qualify.
Attorneys who work for a non-profit 501 (c)(3) organization, the government, or a few other
qualified employers may be eligible for forgiveness of their
federal direct loans after making 120 payments and meeting other qualifications.
If you have
Federal Perkins
Loans and / or
Federal Family Education
Loans (FFEL), you must consolidate them into a
Direct Consolidated
Loan in order to
qualify for PSLF.