Sentences with phrase «additional loan repayment plans»
Loan consolidation can also give you access to additional loan repayment plans and forgiveness programs.
https://studentaid.ed.gov/
Loan consolidation can also give you access to additional loan repayment plans and forgiveness programs.
Not exact matches
If you consolidate loans other than Direct Loans, it may give you access to additional income - driven repayment plan options and Public Service Loan Forgiveloans other than Direct Loans, it may give you access to additional income - driven repayment plan options and Public Service Loan ForgiveLoans, it may give you access to additional income - driven repayment plan options and Public Service Loan Forgiveness.
You may reconsolidate a defaulted FFEL Consolidation Loan without including any additional loans in the consolidation, but only if you agree to repay the new Direct Consolidation Loan under an income - driven repayment plan.
If the borrower in the above situation had also taken out an additional $ 40,000 in unsubsidized direct federal loans to attend graduate school at the current interest rate of 5.8 percent, the differences in outcomes between repayment plans are even more dramatic (see chart below).
Consolidation loans from the federal government are eligible for additional repayment plans, including graduated repayment plans and income sensitive repayment plans.
For purposes of certain documentation that a borrower must submit within a specified timeframe (for example, annual documentation of income for the income - driven repayment plans), the federal loan servicers have been instructed to extend the deadline for providing the documentation by an additional 15 days for borrowers who live in an impacted area.
You may reconsolidate a defaulted FFEL Consolidation Loan without including any additional loans in the consolidation, but only if you agree to repay the new Direct Consolidation Loan under an income - driven repayment plan.
Those benefits may include deferment, forbearance, a choice of repayment plans, loan forgiveness, and eligibility for additional federal student aid.
A repayment plan may allow you to make regularly scheduled payments, plus an additional portion of the past due payments to bring your loan current.
Additional fees are charged to recertify the consumer every year at StudentLoans.gov and manage their account, including managing all communication, changing payments and updating the student on any and all relevant details to ensure their consolidation and repayment plan remain in good standing until the day that they're eligible for loan forgiveness.
If the borrower in the above situation had also taken out an additional $ 40,000 in unsubsidized direct federal loans to attend graduate school at the current interest rate of 5.8 percent, the differences in outcomes between repayment plans are even more dramatic (see chart below).