Sentences with phrase «unlike deferment»

Unlike a deferment, interest continues to accumulate on all types of student loans during forbearance.

Unlike deferment, interest always accrues during a forbearance (interest accrues in deferment as well, but with subsidized loans, the Federal government pays the interest).

Unlike deferment, your loans will accumulate interest during this time.

Unlike deferments, forbearances may be granted if you're already in default.

Not exact matches

Unlike federal student loans, your private (non-federal) loans don't have a common set of consumer protections when it comes to deferment and forbearance.

Note that student loan deferment, unlike forbearance, usually stops interest from growing on subsidized federal loans.

Unlike forbearance, deferment suspends payments as well as the accrual of interest.

Unlike FFEL and other government loans, these private loans have no flexible repayment options, no right to cancellations in case of death or disability, no public service forgiveness, not even guaranteed deferment rights.

Unlike forbearance, you are not responsible for paying the interest of subsidized or Perkins loans in deferment.

Unlike many other companies, Wells Fargo does not permit deferments on student loans.

Unlike some federal loans, interest will generally accrue during private loan deferment periods as well (including in - school deferments).

Unlike the typical private loan, federal loans come with guaranteed benefits such as deferment while the borrower is in school, forbearance during times of economic hardship, and in some cases a right to put the loan on an income - driven repayment plan with a capped monthly payment.

Unlike subsidized loans, unsubsidized loans accrue interest while they are in deferment, meaning while payments are not being made, which could increase the total cost of borrowing.

Unlike the military service deferment, activation during a war or other military operation or national emergency is not required.

Unlike private loans, some federal loans are subsidized, which means that you aren't responsible for paying any interest on the loan while in school or during the grace period or deferment.

Easy deference: Unlike a mortgage or car loan, it is easy to get deferments and extensions on your student loan if the are federal loans, which can be helpful if you are in a financial jam.

Unlike federal student loans, private student loans do not give the same forbearance and deferment options.

This means your loans are never in deferment, unlike Federal student loans.

Grad PLUS loans are eligible for all four income - driven repayment plans, and unlike parent PLUS loans, grad PLUS loans are automatically placed into deferment until six months after you drop below a half - time schedule, graduate or leave school.