Sentences with phrase «by guaranty agencies»

In practice, this means that Direct loans are reported by loan servicers, Stafford loans are reported by guaranty agencies, and Perkins loans are reported by the schools.

The Department has Standardized Compromise and Write - Off Procedures for use by guaranty agencies.

Then the debt is handled by the guaranty agency, a company authorized to collect on student loans.

If you have a defaulted FFEL Program loan that is held by a guaranty agency, your state tax refunds may be also withheld and applied toward repayment of your loan, and you may lose your driver's license or other state - issued licenses.

Defaulted FFEL Program loans may be held by ED or by a guaranty agency.

Not exact matches

Each Federal department and agency which is empowered to extend Federal financial assistance to any program or activity, by way of grant, loan, or contract other than a contract of insurance or guaranty, is authorized and directed to effectuate the provisions of section 601 with respect to such program or activity by issuing rules, regulations, or orders of general applicability which shall be consistent with achievement of the objectives of the statute authorizing the financial assistance in connection with which the action is taken.

If you have a federal student loan in default, up to 15 % of your disposable pay could be taken by the federal government or a guaranty agency to repay your debt.

All too often guaranty agencies cause unreasonable delays by sitting on these applications.

And to see whether your pension benefit is covered by the PBGC and, if so, how much of your benefit this federal government agency would pay should your company default on its pension obligations, you should go to the Pension Benefit Guaranty Corp's site.

If you have a federal student loan in default, up to 15 % of your disposable pay could be taken by the federal government or your guaranty agency to repay your debt.

Such Data Providers include the U.S. Department of Education's («ED») National Student Loan Database System, your Institution, your Title IV lender or loan servicer appointed by the lender, the guaranty agency or the ED from time to time or any private student loan lender you have authorized data to be provided from.

A couple of days ago I wrote about the Trump Department of Education under Secretary Betsy DeVos who told student loan guaranty agencies with FFEL federal student loans to disregard the guidance provided by the Obama administration regarding defaults.

Many private - sector employers» pensions are insured by the Pension Benefit Guaranty Corporation (PBGC), a federal agency.

We frequently represent plan sponsors and fiduciaries in investigations and audits by government regulatory agencies, including the IRS, the DOL, the Pension Benefit Guaranty Corporation, and state agencies.

According to Circular 26-14-39, which can be found on the department's website, the maximum guaranty amounts for VA loan limits in 2015 will be the same as those defined by the Federal Housing Finance Agency (FHFA).