Sentences with phrase «direct student loan»

Most federal direct student loans come with interest rates between 4.6 % and 7.2 %, which is already quite high.
For many student borrowers, direct student loan consolidation may be their best option.
Such loans include direct student loans as well as insured and guaranteed loans.
It's a good idea to start with federal Direct student loans.
The Federal Direct Student Loan Program lends money directly to students and their parents to help finance postsecondary education.
The interest rate for federal direct student loans for undergraduates disbursed in the 2015 - 16 academic year was 4.29 percent.
Perkins Loan Formerly the National Direct Student Loan Program, the Perkins Loan allows students to borrow up to $ 3,000 / year (5 year max) for undergraduate school and $ 5,000 / year for graduate school (6 year max).
But you can borrow up to $ 20,500 per year using unsubsidized Direct student loans for graduate school.
I am a pediatrics resident with 200k of direct student loans in my second year of residency.
Attorney Persis Yu directs the Student Loan Borrower Assistance Project at the National Consumer Law Center in Boston.
While they don't offer direct student loans in or outside of Texas, Brazos does offer student loan refinancing, and according to their website they've been part of financing over two million loans in that time.
For more information and suggestions, call 1-202-478-6119 or write to National Direct Student Loan Coalition, Inc., 2120 L Street, NW, 6th Floor, Washington, DC 20037.
Stafford student loans fall under the legal purview of the William D. Ford Direct Student Loan Program.
The Public Service Loan Forgiveness program was developed to reward public service employees by forgiving the remaining balance on qualifying direct student loans for full - time employees.
Unlike private student loans, federal direct student loans don't require credit history or a co-signer, and they have more repayment options and protections to prevent default.
With budget talks with Congressional leaders at a standstill, administration officials highlighted direct student loans and education spending last week in the first of several planned news briefings to outline President Clinton's negotiating positions.
Those colleges and universities will take that information and start going to work on putting together a comprehensive financial aid package for you that includes need - based and merit - based awards, a work - study component, and usually a federal direct student loan option.
Now, the government makes direct student loans for up to $ 31,000 per student for the four years of college.
Direct Student Loan A loan with a program of reimbursement six to nine months after the student has finished school.
Is the 100 - percent nationalized, direct student loan system better than what it replaced?
You have to be up to date with your Federal Direct student loan payments and make at least 120 consecutive on - time payments.
If you are denied on a Federal PLUS Loan, your student may be able to get additional Federal Direct Student Loan funds.
Federal direct student loans impose an origination fee of 1.072 % of the loan amount for loans that have a first disbursement made between December 1, 2013 and October 1, 2014; the origination fee for PLUS loans made between the same period is 4.288 %.
Funding for medical assistant training at approved vocational training institution or community college is readily available through low interest educational loans, federal direct student loans from the U.S. Department of Education for those who qualify.
The National Defense Student Loan Discharge (NDSLD) program is aimed towards military personnel who accessed a loan through the Perkin Loan or a National Direct Student Loans programs and who served at least one year in an area with imminent danger and / or direct fire.
Apply to refinance private education loans, parent PLUS loans, Stafford loans, and subsidized and unsubsidized direct student loans (but not Perkins loans)
In the case of Direct Student loans, your lender is the Department of Education.
But on the side, unlike its competitors, CommonBond has been offering direct student loans to MBA students at a select group of schools, including Dartmouth and Yale.
Perkins Loans (formerly called National Direct Student Loans, and before that National Defense Student Loans) are low - interest loans for both undergraduate and graduate students with exceptional financial need.
The Public Service Loan Forgiveness (PSLF) program forgives the remaining portion of your qualifying federal direct student loans after 120 qualifying payments under a qualifying repayment plan while working for a qualifying employer.
While it can be helpful to be able to have your parents borrow on your behalf, keep in mind that interest rates on PLUS loans are higher than on subsidized and unsubsidized federal direct student loans, and also carry a one - time loan fee of nearly 4.3 percent.
If you need more than the limit for Direct student loans, you can apply for a Direct PLUS loan.
Nearly 20 percent — about $ 1 of every $ 5 — of outstanding federal direct student loans is past due, according to a report from the National Consumer Law Center.
More than half of the $ 1.2 trillion in student loan debt is made up of subsidized and unsubsidized federal Direct student loans.
Starting today, all borrowers with federal Direct student loans have access to a new repayment plan with monthly payments limited to 10 % of your discretionary income.
The House Budget Committee last week approved a budget and tax bill that would create a direct student loan program.
WASHINGTON — President Clinton's proposals for a national - service program and direct student loans will run into some bumpy stretches of road on their journeys through Congress, observers predicted last week as the legislation was introduced in the House and Senate.
But then, I would be happy if they would simply figure out that Stafford Loans have been eliminated in favor of the Federal Direct Student Loan program...
Unsubsidized direct student loans are one of the options borrowers have to support their college education.
Currently, subsidized Federal Direct Student Loans are made at 3.4 %.
In addition, the Perkins loan program is probably going to become a part of the federal direct student loan program and lose a lot of the benefits that currently distinguish it from other student loan programs.
As we've mentioned before, consolidating student loans through the Direct Student Loan Consolidation Program can be the right choice if you don't have a great credit score and you're in an uncertain financial situation.
Apply to refinance private education loans, parent PLUS loans, Stafford loans, and subsidized and unsubsidized direct student loans (but not Perkins loans)
Federal Direct Student Loan Program (FDSLP) Similar to the Federal Family Education Loan Program (FFELP).
Today we'll talk about the differences between the terms «Subsidized» and «Unsubsidized» when it comes to the Federal Direct Student Loan Program.
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