Sentences with phrase «as other federal student loans»

Not exact matches

You may have received loans under other federal student loan programs, such as the Federal Family Education Loan (FFEL) Program or the Federal Perkins Loan (Perkins Loan) Pfederal student loan programs, such as the Federal Family Education Loan (FFEL) Program or the Federal Perkins Loan (Perkins Loan) Progloan programs, such as the Federal Family Education Loan (FFEL) Program or the Federal Perkins Loan (Perkins Loan) PFederal Family Education Loan (FFEL) Program or the Federal Perkins Loan (Perkins Loan) ProgLoan (FFEL) Program or the Federal Perkins Loan (Perkins Loan) PFederal Perkins Loan (Perkins Loan) ProgLoan (Perkins Loan) ProgLoan) Program.

Other factors to consider when comparing federal and private student loans include borrower benefits not offered by private lenders, such as access to income - driven repayment programs and the potential to qualify for loan forgiveness.

You may also be eligible for other benefits available to servicemembers, such as military deferment and Income - Based Repayment (IBR) for federal student loans.

The simple answer is: If you've exhausted all other options such as federal aid, scholarships, and grants, and still have a gap in covering your costs, then consider private graduate student loans.

Another option is for SEOG and the other campus - based aid programs (federal work study and Perkins loans) to be recast as an emergency aid program that colleges could use to help students with unexpected expenses such as an extra trip home to visit a sick relative, or for «completion grants» to students facing relatively small financial barriers to finish their degrees.

Other states forgive student loans in return for such a commitment, as does the federal TEACH program.

Once your student loans enter default, the entire outstanding amount becomes payable immediately and you will lose your other privileges such as student loan forbearance and deferment, student loan forgiveness and you will not qualify to receive new federal student loans.

Priority consideration for other discretionary funds such as Federal Perkins Loans and Federal Work Study funds will be given to students who meet the priority filing deadline and also have a pre-determined high need level.

Neither the IRS or federal student loan programs consider any other financial obligations as a higher priority than their repayment.

While you can refinance your federal loan debt as well as private student loans, you might want to look at other options within the federal system first — especially if your application for a refinance was denied.

The minimum amount of the loan is $ 2,000 and the maximum amount can cover up to the total amount of a student's school - certified attendance cost, after accounting for other financial aid such as scholarships and federal loans.

He has supported other initiatives in the past such as teacher loan forgiveness and federal student loan refinancing.

With that in mind, interest rates on private student loans (unlike their federal counterpart) can vary widely from lender to lender and also fluctuate based on several other factors, such as your credit score.

When you take out a federal student loan, the government passes off billing and other administrative services to a private student loans servicing company, also known as a loans servicer.

In other words, PHEAA operates both FedLoan Servicing, which performs federal loans servicing (as the name suggests), and American Education Services, which performs student loan servicing for private loans and loans made under the Federal Family Education Loan (FFEL) pfederal loans servicing (as the name suggests), and American Education Services, which performs student loan servicing for private loans and loans made under the Federal Family Education Loan (FFEL) progloan servicing for private loans and loans made under the Federal Family Education Loan (FFEL) pFederal Family Education Loan (FFEL) progLoan (FFEL) program.

A loan service company is the company responsible for billing as well as providing other services related to federal student loans.

Now, technically these loans are federal but they do not have the same benefits as other federal loans (ex: income - based repayments or student loan forgiveness).

However, because federal student loans issued as of July 2006 have fixed rates, «There is no financial benefit to consolidating federal loans, other than having a single monthly payment and access to alternative repayment plans,» Mark Kantrowitz, publisher of FinAid, told Forbes.

After a precedent was set by the Supreme Court, federal law doesn't allow student loan debt to be discharged in bankruptcy, although other forms of outstanding debt such as credit cards have the potential for discharge in bankruptcy.

Because of the additional loan origination fee charged for the Federal PLUS loan, it could actually be cheaper in the long run to obtain a private student loan — depending on other factors, such as credit, income, and overall financial stability.

As Americans for Financial Reform stated in its open letter to Secretary John King today, «[u] nlike other consumer credit areas such as credit cards and mortgages, federal student loans lack clearly defined and privately enforceable borrower protectionAs Americans for Financial Reform stated in its open letter to Secretary John King today, «[u] nlike other consumer credit areas such as credit cards and mortgages, federal student loans lack clearly defined and privately enforceable borrower protectionas credit cards and mortgages, federal student loans lack clearly defined and privately enforceable borrower protections.

The other two common ways to get Federal student loan forgiveness is to be a teacher, which has it's own Teacher Loan Forgiveness Program (which doesn't cover as much as PSLF), and military service loan forgiveness (which is also being phased out due to the PSLF progrloan forgiveness is to be a teacher, which has it's own Teacher Loan Forgiveness Program (which doesn't cover as much as PSLF), and military service loan forgiveness (which is also being phased out due to the PSLF progrLoan Forgiveness Program (which doesn't cover as much as PSLF), and military service loan forgiveness (which is also being phased out due to the PSLF progrloan forgiveness (which is also being phased out due to the PSLF program).

Interest rates on personal loans can be higher than for other types of loans such as mortgages or federal student loans.

Sixth, the Secretary of Education, as junkyard dog, should revise Lynn Mahaffie's 2015 letter outlining when DOE will not oppose bankruptcy discharge of student loans to clarify to the federal courts that DOE supports a bankruptcy discharge of student loans under the same terms that apply to other unsecured consumer debt.

Under current law, only students with an expected family contribution (EFC)-- the amount that the federal government expects a family to pay toward the student's postsecondary education expenses — of less than about $ 5,200 are eligible for a Pell grant, whereas recipients of subsidized loans may have a larger EFC, as long as it is less than their estimated tuition, room, board, and other costs of attendance not covered by other aid received.

They state, «You may have received loans under other federal student loan programs, such as the Federal Family Education Loan (FFEL) Program or the Federal Perkins Loan (Perkins Loan) Pfederal student loan programs, such as the Federal Family Education Loan (FFEL) Program or the Federal Perkins Loan (Perkins Loan) Progloan programs, such as the Federal Family Education Loan (FFEL) Program or the Federal Perkins Loan (Perkins Loan) PFederal Family Education Loan (FFEL) Program or the Federal Perkins Loan (Perkins Loan) ProgLoan (FFEL) Program or the Federal Perkins Loan (Perkins Loan) PFederal Perkins Loan (Perkins Loan) ProgLoan (Perkins Loan) ProgLoan) Program.

A private lender will have a maximum lifetime loan limit that can be provided to a student from their specific private loan program, but will also have a separate aggregate limit to account for all other federal and private student loans that may have been applied for as well.

The entire purpose of the federal student loan program is to provide money to students to pay for tuition, books as well as other necessities such as rent and food.

These are loans not guaranteed by the federal government — like they are in other countries, such as Canada, where student loans are underwritten by the government.

This payment leaves me crippled as this amount plus other student loan payments (masters degree but done on Federal loans) also have payments.

Consolidating your wife's debt inside the federal student loan program would allow her to retain some important consumer protections that aren't available with other debt, such as the ability to defer payments for up to three years if she faces an economic setback.

Federal student loans are available through the Federal Direct Student Loan Program and can be applied for with the use of a Free Application for Federal Student Aid, better known as a FAFSA, while private loans are obtained through direct application to the bank or other financial institution issuing thstudent loans are available through the Federal Direct Student Loan Program and can be applied for with the use of a Free Application for Federal Student Aid, better known as a FAFSA, while private loans are obtained through direct application to the bank or other financial institution issuing thStudent Loan Program and can be applied for with the use of a Free Application for Federal Student Aid, better known as a FAFSA, while private loans are obtained through direct application to the bank or other financial institution issuing the lLoan Program and can be applied for with the use of a Free Application for Federal Student Aid, better known as a FAFSA, while private loans are obtained through direct application to the bank or other financial institution issuing thStudent Aid, better known as a FAFSA, while private loans are obtained through direct application to the bank or other financial institution issuing the loanloan.

By filing a FAFSA, students learn whether they are eligible for need - based aid, such as Pell Grants, Perkins loans, federal work - study and subsidized Stafford loans; or other aid, such as unsubsidized Stafford loans and PLUS loans for graduate students.

What many student don't realize is that there are federal loans and other types of financial aid that are not as well known.

Other student loan debt includes any federal student loans that are not included in the consolidation loan, as well as private education loans that are not eligible for consolidation.

As a result, federal student loans which have gone into default do not follow the 7 year deletion rule which most other defaulted accounts must adhere to under the FCRA.

An alternative student loan is designed primarily to help students and their families pay for educational expenses that exceed other available financial aid resources such as scholarships, grants, and the Federal Loan Programs (Stafford loan for students and PLUS loan for parenloan is designed primarily to help students and their families pay for educational expenses that exceed other available financial aid resources such as scholarships, grants, and the Federal Loan Programs (Stafford loan for students and PLUS loan for parenLoan Programs (Stafford loan for students and PLUS loan for parenloan for students and PLUS loan for parenloan for parents).

Other factors to consider when comparing federal and private student loans include borrower benefits not offered by private lenders, such as access to income - driven repayment programs and the potential to qualify for loan forgiveness.

In particular, current Federal Housing Administration (FHA) underwriting standards set total debt at an amount not exceeding 43 percent of annual income, a standard that, as noted by a commenter, was adopted by the CFPB in recently published regulations, with housing debt comprising no more than 31 percent of that total income, leaving 12 percent for all other debt, including student loan debt, car loans, and all other consumer debt.

If you plan to use federal repayment plans such as income - based repayment, for example, or plan to apply for public service loan forgiveness based on your work in a public service role, then student loan consolidation may be your best bet.The best student loan consolidation benefit that comes with federal student loans are the federal protections such as deferral and forbearance.Today, the good news is that many private lenders offer some form of student loan deferral or allow you to postpone payments based on loss of employment or other hardship.

In addition, as mentioned above, you can only consolidate your federal loans with other federal loans and not with private loans (unless you choose to go with private student loan consolidation).

Any student loan debt that was used for financing your education from an approved post-secondary institution, such as SouthEast Bank private loans, private student loans from other lenders, or your federal student loans, i.e. Stafford, Grad PLUS, Parent PLUS, and Consolidation Loans, etc. can be consolidated into one loan through Education Loan Finaloan debt that was used for financing your education from an approved post-secondary institution, such as SouthEast Bank private loans, private student loans from other lenders, or your federal student loans, i.e. Stafford, Grad PLUS, Parent PLUS, and Consolidation Loans, etc. can be consolidated into one loan through Education Loan Finloans, private student loans from other lenders, or your federal student loans, i.e. Stafford, Grad PLUS, Parent PLUS, and Consolidation Loans, etc. can be consolidated into one loan through Education Loan Finloans from other lenders, or your federal student loans, i.e. Stafford, Grad PLUS, Parent PLUS, and Consolidation Loans, etc. can be consolidated into one loan through Education Loan Finloans, i.e. Stafford, Grad PLUS, Parent PLUS, and Consolidation Loans, etc. can be consolidated into one loan through Education Loan FinLoans, etc. can be consolidated into one loan through Education Loan Finaloan through Education Loan FinaLoan Finance.

The maximum annual loan limit to cover in - school expenses for each academic year (July 1 to June 30 of the applicable year) is determined by your school's cost of attendance, minus other financial aid such as federal student loans, scholarships or grants, up to $ 65,000 for the Custom Choice Loan or up to $ 95,000 for the Graduate Business Lloan limit to cover in - school expenses for each academic year (July 1 to June 30 of the applicable year) is determined by your school's cost of attendance, minus other financial aid such as federal student loans, scholarships or grants, up to $ 65,000 for the Custom Choice Loan or up to $ 95,000 for the Graduate Business LLoan or up to $ 95,000 for the Graduate Business LoanLoan.

Consolidating your ineligible federal student loans into a Direct Consolidation Loan can make your loans eligible as long as you meet all other program requirements.

Any student loan debt that was used for financing your education from an approved post-secondary institution, such as SouthEast Bank private loans, private student loans from other lenders, or your federal student loans, i.e. Stafford loans, Grad PLUS, Parent PLUS, etc., can be consolidated into one loan through Education Loan Finaloan debt that was used for financing your education from an approved post-secondary institution, such as SouthEast Bank private loans, private student loans from other lenders, or your federal student loans, i.e. Stafford loans, Grad PLUS, Parent PLUS, etc., can be consolidated into one loan through Education Loan Finaloan through Education Loan FinaLoan Finance.

As with other federal student loans, parent PLUS loan are eligible for different federal repayment plans, and forgiveness and cancellation programs.

Well versed in the federal student lending programs, Ribe serves as the NFCC's Subject Matter Expert on student loans and has appeared on ABC News 7 in Chicago and other news publications.

As the cost of college tuition and other school expenses continues to rise, many students and their parents turn to federal and / or private student loans to help fund higher education.

That means that while they will lend you up to $ 120,000, you will be limited to no more than $ 50,000 in student loans from other sources, such as federal student loans.

In fact, we'd say that there is no other student loan servicer that has as flexible terms as Earnest (except for the federal government's partners).