Sentences with phrase «borrower with federal student loans»

Borrowers with federal student loan debt may benefit more from consolidating their public student loans or evaluating their options for an income - based repayment plan to lower their monthly payment.

Thankfully, there are options for borrowers with federal student loans — and it is relatively simple to reduce your monthly payments using one of several different payment plans.

Though student borrowers with federal student loans no longer have to worry about this, private student loans can be transferred to family members once the borrower is deceased.

Many borrowers with federal student loans can enroll in Income - Based Repayment (IBR) online.

That's why we at Higher Ed, Not Debt have teamed - up with Student Debt Crisis for a series of FREE webinars on April 25 to help borrowers with federal student loans.

One company in particular — GC Services in Houston, TX — must pay $ 700,000 to resolve allegations that it used illegal practices to collect money from borrowers with federal student loans and other debt according to the FTC.

The Income - Based Repayment Plan (IBR), one of the income - driven repayment options, is a program for borrowers with federal student loan debt who want... Read more

For borrowers with federal student loan debt, however, the process of consolidating multiple student loans can offer some reprieve.

Although most borrowers with federal student loan debt are already eligible for income - driven repayment plans that can dramatically reduce their monthly payments, they won't qualify for forgiveness until they've made payments for 20 to 25 years.

Another option that might be available to borrowers with federal student loans is loan forgiveness.

The following options are available only to borrowers with federal student loans.

Borrowers with federal student loans may also find that their payments go up after refinancing if they had been on a graduated payment or income - driven repayment plan.

For example, borrowers with federal student loans can take advantage of federal income - driven repayment programs, or benefits like loan forgiveness, which borrowers with private student loans typically don't have access to.

It mostly applies to borrowers with federal student loans and allows you to keep all of the benefits that your federal loans offer (such as income based repayment plans and student loan forgiveness).

For example, borrowers with federal student loans can take advantage of federal income - driven repayment programs, or benefits like loan forgiveness, which borrowers with private student loans typically don't have access to.

Most of the strategies discussed here apply only to borrowers with federal student loans.

Student loan consolidation mostly applies to borrowers with Federal student loans.

More than 4 million of the 42 million borrowers with federal student loan debt have taken advantage of alternative methods to pay back their loans based on a percentage of their income, the Department of Education said in its most recent financial report to Congress.

Borrowers with federal student loans have a legal right to an income - based repayment plan but a recent report from the Consumer Financial Protection Bureau (CFPB) has found that some students are denied the opportunity to participate in these programs.

Borrowers with federal student loans may also find that their payments go up after refinancing if they had been on a graduated payment or income - driven repayment plan.

The following options are available only to borrowers with federal student loans.

As a matter of law, borrowers with Federal student loans are entitled to deferment so long as they meet certain eligibility requirements, which include:

Even if a student loan is in default (and with a debt collector), borrowers with federal student loans can rehabilitate the loan.

Borrowers with federal student loans shouldn't consider refinancing.

However, since opening up its loan services in 2009, any borrower with federal student loans may have OSLA assigned as their servicer.