Sentences with phrase «be eligible for loan forbearance»

Similar to federal student loans, under certain circumstances, including for economic hardship, you may be eligible for loan forbearance.

Under certain circumstances, including for economic hardship, you may be eligible for loan forbearance.

Not exact matches

See if you're eligible for amended payment plans, refinancing, deferment, or forbearance on your student loans.

In addition, certain borrowers may be eligible for a short term suspension of their loan payments, using either a deference or forbearance.

After your defaulted loan has been consolidated, your Direct Consolidation Loan will be eligible for benefits such as deferment, forbearance, and loan forgivenloan has been consolidated, your Direct Consolidation Loan will be eligible for benefits such as deferment, forbearance, and loan forgivenLoan will be eligible for benefits such as deferment, forbearance, and loan forgivenloan forgiveness.

You'll regain eligibility for benefits that were available on the loan before you defaulted, such as deferment, forbearance, a choice of repayment plans, and loan forgiveness, and you'll be eligible to receive federal student aid.

You lose access to federal protections: Private loans aren't eligible for federal forbearance, deferment, or forgiveness programs.

Teach For America is a member of AmeriCorps, the national service network, through which corps members are eligible to receive loan forbearance and interest payment on qualified student loans, as well as an education award at the end of each year of service.

The forbearance or stopped collections will affect all of a borrower's federal loans that are serviced by a federal loan servicer (or defaulted and serviced by a private collection agency), including loans that are not eligible for a borrower defense to repayment loan discharge, such as loans taken out to attend a different institution than the one related to your application.

The forbearance or stopped collections will affect all of a borrower's federal loans, including loans that are not eligible for a borrower defense to repayment loan discharge, such as loans taken out to attend a different institution than the one related to your application.

There is an «Eligibility Quiz» to help borrowers understand if they may be eligible for a forbearance or deferment of their loan.

Take advantage of deferment, forbearance, loan consolidation and forgiveness opportunities for which you're eligible.

Remember, loans in default are not eligible for deferment or forbearance.

It's important to remember that when you default on a student loan, you are no longer eligible for loan modification, deferment, forbearance, repayment plans, forgiveness or consolidation until you rehabilitate your loan.

Contact your student loan lender to find out your available options; you may be able to consolidate your loans or you may be eligible for a deferment or forbearance.

You may also be granted forbearance if you qualify for partial repayment under the Department of Defense Student Loan Program, or if you're activated for the National Guard but not eligible for a deferment.

If you are eligible for deferment or forbearance, it may seem like a good idea to postpone your student loan payments.

If you take out a private loan, you will not be eligible for the same types of discharge, deferment and forbearance options that are available for federal loans.

If you are in a FEMA - declared disaster zone, then you will be eligible for three months of administrative forbearance, whether your student loans are private or federal.

After your defaulted loan has been consolidated, your Direct Consolidation Loan will be eligible for benefits such as deferment, forbearance, and loan forgivenloan has been consolidated, your Direct Consolidation Loan will be eligible for benefits such as deferment, forbearance, and loan forgivenLoan will be eligible for benefits such as deferment, forbearance, and loan forgivenloan forgiveness.

Eligibility for student loan deferment and forbearance: After you have successfully taken your student loan out of default, you will be eligible for deferment and forbearance.

Even in the borrower is in defaulted status, they may be eligible to get caught up and apply for deferment or forbearance on their loans.

For instance, borrowers who go the route of refinancing might no longer be eligible for income - based repayment plans, forbearance, or loan forgiveness prograFor instance, borrowers who go the route of refinancing might no longer be eligible for income - based repayment plans, forbearance, or loan forgiveness prografor income - based repayment plans, forbearance, or loan forgiveness programs.

But if the circumstances are right and you are eligible for a forbearance, taking a break from your student loan repayment may offer just the leg up you need to get a handle on your debt management.

Similar to federal student loans, under certain circumstances, including for economic hardship, you may be eligible for a forbearance, in which case you may temporarily postpone making monthly loan payments for a specific period of time.

If you have a loan through the defunct Federal Family Education Loan Program (FFEL) or Direct Loan program, you may be eligible for deferment and forbearaloan through the defunct Federal Family Education Loan Program (FFEL) or Direct Loan program, you may be eligible for deferment and forbearaLoan Program (FFEL) or Direct Loan program, you may be eligible for deferment and forbearaLoan program, you may be eligible for deferment and forbearance.

If you are in default on your student loans — have not made a payment in 270 days — you are not eligible for either deferment or forbearance.

To be eligible for the Member Rate Discount Program, members must meet the following criteria: 1) The member must be in good standing with their current and prior SoFi loans; 2) the member has never been 60 or more days past due on a current and prior SoFi loan; 3) the member has not been 30 or more days past due more than once on a current and prior SoFi loan; and 4) the member was never in forbearance on a SoFi loan.

If you don't qualify for an in - school deferment (for example, you're enrolled less than half time) or for any other deferment, your loan may be eligible for a forbearance.

Your federal student loans will no longer be eligible for federal forgiveness programs, income - driven repayment plans, and deferment / forbearance.

If you do have federal student loans, and you're thinking of refinancing or consolidating, first see if you're eligible for deferment or forbearance.

Consolidated federal loans are eligible for deferment and forbearance.

In addition to the foreclosure sale and eviction moratorium, homeowners impacted by Hurricane Sandy may be eligible for forbearance, loan modifications or waived late payment charges.