Sentences with phrase «direct loans or»

Extended Repayment Plan - This plan is eligible for those with over $ 30,000 in outstanding Direct Loans or FFEL Program loans, those with PLUS loans, and any Consolidation Loans.

Under the Direct and FFEL Consolidation Loan programs, only the portion of the consolidation loan used to repay eligible Direct Loans or FFEL Program loans qualifies for loan forgiveness.

For example, if you have Direct Loans or Federal Family Education Loan (FFEL) Program Loans, you can possibly use an income - based repayment plan to lower your payments.

You must not have had an outstanding balance on Direct Loans or Federal Family Education Loan (FFEL) Program loans as of Oct. 1, 1998, or on the date that you obtained a Direct Loan or FFEL Program loan after Oct. 1, 1998.

However, if your funding has not paid out it could be because of incomplete paper - work, like the Master Promissory Note and Entrance Interview for the Direct loans or an unsigned award letter.

All loans are refinanced through Direct Loans or the FEEL Program and given one general interest rate, which is usually higher than a private lender.

To qualify, you also must have subsidized or unsubsidized Direct Loans or federal Stafford Loans.

Applying for an income - based repayment plan for your Direct loans or FFELs can be cumbersome and confusing because every student loan servicer handles it a bit differently.

This pertains to Federal Direct Loans or Direct Consolidation Loans made after October 1, 2008.

The first factor to consider when looking at the interest rate of loans is whether they are federal direct loans or private student loans.

(Sec. 11608) Authorizes DOT to enter into a master credit agreement (to make one or more direct loans or loan guarantees at future dates for a program of related projects secured by a common security pledge) contingent upon prior satisfaction of specified conditions.

The DOT urges all applicants, and particularly those intending to use tax - exempt bonds in connection with direct loans or TIFIA lines of credit, to consult with the Internal Revenue Service, the U.S. Department of the Treasury, and / or bond and tax counsel.

Specifically, anyone with Direct Loans or FFEL Loans must carry a loan balance of more than $ 30,000 to be eligible.

You must have over $ 30,000 worth of Direct Loans or Federal Family Education Loans (FFEL) to qualify for this repayment plan.

To qualify for a Direct Consolidation that may be serviced by FedLoan Servicing, the borrower must be out of school and have at least one Direct Loan or FFELP loan that is in grace, repayment, deferment, forbearance, or default status.

A new borrower is one who did not have an outstanding balance on a Direct Loan or a Federal Family Education Loan (FFEL) as of the date in question.

In order to qualify for PAYE, you need to have borrowed your first federal student loan after October 1, 2007, and you need to have borrowed a Direct Loan or a Direct Consolidation Loan after October 1, 2011.

If you borrowed a federal loan under the Federal Family Education Loan (FFEL) Program before July 1, 2010, it is likely classified as a Federal Direct loan or a Federal Stafford loan.

Someone who has no outstanding balance on a Direct Loan or Federal Family Education Loan (FFEL) Program loan when he or she receives a Direct Loan or FFEL Program loan on or after a specific date.

Businesses applying for SSBCI funding through the FAME Direct Loan or the Maine Venture Fund must meet the standard eligibility requirements of the respective program.

Note that if the total amount of the RRIF direct loan or loan guarantee is greater than $ 75 million, the applicant must provide an investment grade rating on the RRIF credit instrument from at least two Credit Rating Agencies for the DOT to incorporate such ratings into its calculation of the CRP (45 U.S.C. § 822 (f)(3)(C)-RRB-.

The term secured loan means a direct loan or other debt obligation issued by an obligor and funded by the Secretary in connection with the financing of a project under section 603.

an investment - grade rating on the direct loan or loan guarantee (which must be from at least two rating agencies if the loan or guarantee exceeds $ 75 million); or

(Sec. 11606) Allows the term for repayment of a direct loan or loan guarantee to extend from a maximum of 35 years to a maximum of the lesser of:

Allows a direct loan or loan guarantee applicant to propose, and requires DOT to accept as a basis for determining the amount of a credit risk premium any of the following in addition to the value of any tangible asset:

the net present value of a future stream of state or local subsidy income or other dedicated revenues to secure the direct loan or loan guarantee;

To qualify for a Direct Consolidation that may be serviced by FedLoan Servicing, the borrower must be out of school and have at least one Direct Loan or FFELP loan that is in grace, repayment, deferment, forbearance, or default status.

To rehabilitate a Direct Loan or a FFEL Program loan, the borrower must make nine voluntary, reasonable, and affordable monthly payments within 20 days of the due date over a consecutive 10 - month period.

At least one Federal Direct Loan or Federal Family Education Loan has to be in either the grace period or repayment process.

Direct Consolidation Loans are unique in the world of federal student loans for one big reason: You don't take out or accept a consolidation loan in the same way that you might accept a Direct Loan or a Perkins Loan.

Borrowers who have more than $ 30,000 of loans in either the Federal Direct Loan or Federal Family Education Loan program are eligible for Extended Repayment.

To rehabilitate a Direct Loan or a FFEL Program loan, the borrower must make nine vo...

To rehabilitate a Direct loan or FFEL Program loan, you must make nine of 10 payments deemed «reasonable and affordable» by you, the Department of Education and the debt collector.

Have at least one Direct Loan or FFEL Program loan that you are in the process of repaying, or that is in a deferment or forbearance period.

If you teach full - time for five complete and consecutive academic years in a low - income elementary school, secondary school, or educational service agency, you may be eligible for forgiveness of up to $ 17,500 on your Direct Loan or FFEL program loans.

You may be eligible for a partial discharge of your Direct Loan or FFEL Program loan if you withdrew from school, but the school didn't return the portion of your loan that it was required to return under applicable laws and regulations.

«These borrowers are eligible to consolidate if they have at least one Direct Loan or have at least one FFEL and have been unable to obtain a Federal Consolidation Loan with a FFEL consolidation lender or have been unable to obtain a Federal Consolidation Loan with income - sensitive repayment terms acceptable to them.»

If you have a Direct Loan or Federal Family Education Loan (FFEL), you can consolidate it with your HEAL program loans into a Direct Consolidation loan.

This is very rare, but you may be eligible for a discharge of your Direct Loan or FFEL Program loan if you withdrew from school, but the school didn't pay a refund that it owed to the U.S. Department of Education or to the lender, as appropriate.

You must still include at least one Direct Loan or Federal Family Education Loan to qualify.

Someone who has no outstanding balance on a Direct Loan or Federal Family Education Loan (FFEL) Program loan when he or she receives a Direct Loan or FFEL Program loan on or after a specific date.

Any Stafford, Grad PLUS or Consolidation loan made under either the Direct Loan or FFEL program is eligible for repayment under IBR, EXCEPT loans that are currently in default, parent PLUS Loans, or consolidation loans that repaid a parent PLUS Loan.

Unsubsidized PLUS loans have an interest rate of 7.9 percent through Direct Loan or 8.5 percent through the Federal Family Education Loan program.

To qualify for this program, you need to show that you have «partial financial hardship,» and you must have acquired your first federal student loan after October 1, 2007; additionally, you must have acquired a Federal Direct Loan or Direct Consolidation Loan after October 1, 2011.

Not exact matches

And while that's not illegal, it is against the law to make false claims about the nature of the service or lie about being affiliated with the government's Direct Loan Program.

Borrowers with loans from the U.S. Department of Veterans Affairs, the Federal Housing Administration or the Rural Housing Service will feel the most direct impact because furloughed workers are involved in processing those loans.

Borrowers with loans from the U.S. Department of Veterans Affairs, the Federal Housing Administration or the Rural Housing Service will feel the most direct impact.

Companies have come up with a variety of potential solutions, including bonuses directed at student loan payments or making saving in other areas, such as 401 (k) s, more attractive.

If you direct any extra money to your highest interest rate loan first, you may save hundreds of dollars or more in extra interest payments and you may be able to get out of debt faster.

Here are some of the main differences between subsidized and unsubsidized loans, which are also referred to as «direct» or «Stafford» loans.