Sentences with phrase «deferment on your consolidation»

Not exact matches

If you're repaying federal loans through Great Lakes, on the other hand, you'll have access to federal income - based repayment options including Revised Pay As You Earn (REPAYE), Pay As You Earn (PAYE), Income - Based Repayment (IBR), Income - Contingent Repayment (ICR), as well as federal loan consolidation, deferment, and forbearance in certain cases.

Repayment on a consolidation loan will begin within 60 days of disbursement of the loan, unless the borrower qualifies for a deferment or forbearance.

Loan deferment, income - driven repayment plans, forbearance, and federal loan consolidation or student loan refinancing are all alternatives in the absence of banking on the borrower defense to repayment rule.

If you find yourself unable to pay the minimum payment on your student loans, first check to see if you qualify for a deferment on any Federal Stafford, Federal Grad PLUS, or Federal Consolidation Loans.

(Note that you must continue making payments on the consolidation loan until your application for a deferment is approved.

If you're repaying federal loans through Great Lakes, on the other hand, you'll have access to federal income - based repayment options including Revised Pay As You Earn (REPAYE), Pay As You Earn (PAYE), Income - Based Repayment (IBR), Income - Contingent Repayment (ICR), as well as federal loan consolidation, deferment, and forbearance in certain cases.

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.

Unless the loans you want to consolidate are in a deferment, forbearance, or grace period, it's important for you to continue making payments on those loans until your consolidation servicer tells you that they have been paid off by your new Direct Consolconsolidation servicer tells you that they have been paid off by your new Direct ConsolidationConsolidation Loan.

Unless you receive a deferment or forbearance on your loan, you can expect your first bill about two months after the consolidation loan is disbursed.

Loan deferment, income - driven repayment plans, forbearance, and federal loan consolidation or student loan refinancing are all alternatives in the absence of banking on the borrower defense to repayment rule.

We also offer information on student debt relief, including options for student loans consolidation, deferment and forbearance, federal student loan forgiveness, and how to repay student loans when monthly payments for student education loans become overwhelming.

If you've already exhausted the deferment and forbearance options on your existing loans debt consolidation can help reset them with a new set of deferments and forbearances.

During a deferment, the federal government pays the interest on subsidized Federal Stafford loans, Federal Perkins loans and on the portion of a consolidation loan that paid off a subsidized Federal Stafford loan.

Unsubsidized Stafford loans, PLUS loans, SLS loans, or unsubsidized consolidation loans will continue to accrue interest during the deferment, which is why you should consider at least paying the interest on your loan each month