Sentences with phrase «federal loan borrowers whose»

Federal loan borrowers whose bills are more than 10 % of discretionary income; who were new direct loan borrowers on or after Oct. 1, 2007; and who took out another direct loan on or after Oct. 1, 2011.

Federal loan borrowers whose bills are more than 10 % of discretionary income, and who started borrowing money for school after July 1, 2014.

Not exact matches

In this scenario, a borrower owes $ 20,000 in federal undergraduate loans (whose weighted average interest is 3.7 %), and $ 10,000 in federal graduate loans (whose weighted average interest is 6.3 %).

In general, these Income - Driven Repayment plans are best for borrowers whose monthly payment on their federal loans is more than or a sizable portion of their discretionary income.

To calculate the Student Loan Default Rate, we used the Department of Education's Official Cohort Default Rates for Schools for borrowers whose federal student loans went into repayment in 2013.

Federal student loans will be discharged due to the death of the borrower or of the student on whose behalf a PLUS loan was taken out.

The government identified eligible borrowers by matching Department of Education data on student loan borrowers with Social Security Administration data to determine which federal student loan borrowers are receiving disability benefits and whose conditions aren't expected to improve.

«The campaign will target borrowers whose grace periods will end soon, borrowers who have fallen behind on their student loan payments, borrowers with higher - than - average debts, and borrowers in deferment or forbearance because of financial hardship or unemployment,» Brenda Wensil, the chief customer experience officer for federal student aid, wrote in a notice posted online Friday.

In this scenario, a borrower owes $ 20,000 in federal undergraduate loans (whose weighted average interest is 3.7 %), and $ 10,000 in federal graduate loans (whose weighted average interest is 6.3 %).