Sentences with phrase «be eligible for loans because»

Not exact matches

Because a small business loan is considered a higher - risk loan, to reduce that risk to the lender, the SBA will frequently guarantee 50 % to 85 % of an eligible loan (within their 7 (a) loan program, for example).
Because the person who is eligible for the loan is the person who is financially responsible.
The main difference between the Graduate and Professional Student PLUS Loan («Grad PLUS») and the Parent PLUS Loan is that graduate and professional students who are denied a PLUS loan because of an adverse credit history will not be eligible for increased Stafford Loan limLoan («Grad PLUS») and the Parent PLUS Loan is that graduate and professional students who are denied a PLUS loan because of an adverse credit history will not be eligible for increased Stafford Loan limLoan is that graduate and professional students who are denied a PLUS loan because of an adverse credit history will not be eligible for increased Stafford Loan limloan because of an adverse credit history will not be eligible for increased Stafford Loan limLoan limits.
Because the rate on a Brazos Refinance loan is determined in part by your credit score, you may be eligible for a lower rate.
If you are considering refinancing your federal student loans, don't fall into the trap of believing you won't be eligible for tax deductions just because you now have a private student loan!
I saw one of those ads regarding students that went to the Art institutes being eligible for help because of some lawsuit filed in 2012 for 103 million in predatory loans..
I believe that because they are «DIRECT» loans that they would be eligible for PSLF but I can't determine if payments we are making under an «extended level» repayment plan would count towards the 120 required payments.
Because she teaches at a low - income school, she is eligible for some loan forgiveness after five years, to the tune of $ 5,000.
That's because it just ignores the Parent PLUS loan, which isn't eligible for the repayment plan.
The approval process for the PLUS loan is easier (I have witnessed some families with a bankruptcy in their past being approved — which is odd because bankruptcy in the past 7 years automatically precludes a family from being eligible?)
This is because not all loans are eligible for all repayment plans.
Because a small business loan is considered a higher - risk loan, to reduce that risk to the lender, the SBA will frequently guarantee 50 % to 85 % of an eligible loan (within their 7 (a) loan program, for example).
Individuals who are not otherwise eligible and who have completed at least 6 years in the Reserves or National Guard, or been discharged because of a service - connected disability, and (1) have been discharged under honorable conditions, or (2) have been placed on the retired list, or (3) have been transferred to an element of the Ready Reserve other than the Selected Reserve, or (4) continue to serve in the Selected Reserve are eligible for a GI loan.
Because the formula is so complex and loan rates change daily, there are online reverse mortgage calculators you can use to determine how much money you would be eligible for and therefore how much equity you must have to qualify.
VA home loans are especially fitting for eligible veterans and their families who need to a mortgage for more than 80 percent of a home's appraised value or purchase price, because mortgage insurance is not required.
In order to choose the right plan to achieve that goal, first a borrower should eliminate from consideration any plans they are not eligible for, either because of the type of federal loans they have or because the time in which they first became borrowers makes them ineligible.
You want to understand what your rates are, whether they are fixed or variable, the term of your loan, the basic process and if you are eligible, because whether you qualify for a loan is the first step.
Debtor does not believe that her loan meets the definitional requirements for exemption because she does not believe the loan was made for «qualified higher education expenses», that CTI was an «eligible educational institution,» and does not believe that she was an «eligible student» as those terms are defined by 26 USC 221 (d) which is referred in § 523 (a)(8)(B) for the discharge of «qualified educational loans.
If you have private student loans, you have nothing to lose by refinancing because private loans aren't eligible for federal loan programs.
As bankruptcy attorney Craig Andresen says, «For example, perhaps you were not an «eligible student» at the time the private student loan was made to you; or maybe the loan was not incurred to pay «qualified education expenses»; or perhaps the loan was not for attendance at an «eligible education institution» because the school was not accredited under Title IV of the Higher Education AFor example, perhaps you were not an «eligible student» at the time the private student loan was made to you; or maybe the loan was not incurred to pay «qualified education expenses»; or perhaps the loan was not for attendance at an «eligible education institution» because the school was not accredited under Title IV of the Higher Education Afor attendance at an «eligible education institution» because the school was not accredited under Title IV of the Higher Education Act.
If the borrowers decide to separate their PLUS loans and non-PLUS loans and apply for IBR only for the non-PLUS loans, they will find that their often significant PLUS loan debt is not considered in determining the IBR payment because PLUS loans are not eligible loans.
Branham suggested PAYE could be a good option for eligible borrowers going for public service loan forgiveness, because it is the most aggressive option for lowering payments.
If you are eligible for military financing then you should consider a VA house loan because these are the best mortgages available in the market - place today.
Because an MBA can be really expensive and some career fields have low salaries, MBA graduates that work for an eligible non-profit or a local, state, or federal government agency can have their loan debt forgiven after ten years of payments through the Public Service Loan Forgiveness progloan debt forgiven after ten years of payments through the Public Service Loan Forgiveness progLoan Forgiveness program.
You'll be eligible for a lower monthly payment on your student loan because your payment will be based on income, rather than a standard loan amortization schedule.
After that, I graduated, worked three years at a nonprofit, only to discover the payments I made during those years weren't eligible for PSLF because I was paying on an FFEL loan, not a direct federal loan.
Because student loans are normally federally insured loans, they may not be eligible for debt consolidation or debt settlement Texas programs.
The Department of Education will send letters to 387,000 people they've identified as being eligible for a total and permanent disability discharge, a designation that allows federal student loan borrowers who can't work because of a disability to have their loans forgiven.
So when Congress was developing these student loan forgiveness programs I was basically just making the payments and plodding along and I haven't become eligible until really the last couple of years because Mrs. ROB's student loans and mine combined make me eligible for the program.
Many new homeowners may be eligible for refinance benefits because the maximum loan amounts were raised.
I am not eligible for student loan forgiveness because my loan is through Sallie Mae, the only loan provider at LSU at that time.
The Student Loan Marketing Association (and, if the Association is privatized under section 440, any successor entity functioning as a secondary market for loans under this part, including the Holding Company described in such section) shall not engage directly or indirectly in any pattern or practice that results in a denial of a borrower's access to loans under this part because of the borrower's race, sex, color, religion, national origin, age, disability status, income, attendance at a particular eligible institution, length of the borrower's educational program, or the borrower's academic year at an eligible institution.
That response took the inflexible position that I am not eligible for PSLF because my Federal Student Loan is not a Direct Loan.
Because you are seen as less of a risk, you are eligible for better loan terms, and can save a great deal of money.
I am not eligible for any forgiveness program (although I have already worked for state government longer that currently required for forgivess — because the program does not give older individuals credit for work already performed before consolidation into the right type of loan and before 2007).
You should know what type of student loans you carry because only federal student loans are eligible for many of the previous listed programs.
Retired veterans are also required to have an honorable discharge, but for those veterans that served less than 90 days, they may still be eligible for a VA loan if they were discharged because of a service - connected disability.
If you have a VA debt because of a home loan guaranty, education loan or accidental overpayment of benefits, you might be eligible for a VA Loan Compromise through the Department of Veteran Affaloan guaranty, education loan or accidental overpayment of benefits, you might be eligible for a VA Loan Compromise through the Department of Veteran Affaloan or accidental overpayment of benefits, you might be eligible for a VA Loan Compromise through the Department of Veteran AffaLoan Compromise through the Department of Veteran Affairs.
Because of a federal law known as the Higher Education Opportunity Act, designed to protect students who take out private education loans to pay for college expenses, Prosper loan proceeds are not eligible for this purpose.
Research has shown, time and again, that wealthier students consistently are more eligible for scholarships and grants because they have more time to devote to their studies, unlike poorer students who juggle school with a part - time job (or two), and lack of collateral makes them search high and low for guarantors on bank loans.
Term insurance is not eligible for loans because it doesn't have any surrender value.
According to HUD, many homeowners ages 62 and older with sufficient equity in their homes may be eligible for a Home Equity Conversion Mortgage (HECM), or more commonly known as a reverse mortgage.1 Seniors often choose a HECM loan because of the many benefits that fit with their lifestyle.
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