Sentences with phrase «education loan program»
The FinAid Lender Codes Database may be used to obtain the lender codes of lenders that participate in the Federal Family Education Loan Program (FFELP).
http://www.finaid.org/
This discharge program covers federal student and Parent PLUS loans made by the U.S. Department of Education and loans made under the old Federal Family Education Loan Program, which ceased making loans July 1, 2010.
AES Student Loans was founded by the Pennsylvania Higher Education Assistance Agency to help borrowers take full advantage of the Federal Family Education Loan Program.
If you're having trouble making payments on a federal student loan from the William D. Ford Federal Direct Loan Program or the Federal Family Education Loan Program, immediately contact your loan servicer, the agency that handles the billing and other services for your loan.
In addition, they partner with the Department of Education and schools to service over $ 51 billion dollars in student loans under the Federal Family Education Loan Program.
FDLP eliminates the middleman (the third - party lender) that was part of FFELP (Federal Family Education Loan Program).
The Standard Repayment plan is the basic repayment plan for student loan borrowers to repay loans made under the Federal Direct Loan Program and the Federal Family Education Loan Program.
The FlexCredit education loan program is a state - based loan that does not qualify for any loan forgiveness programs at this time.
My current loan was financed privately under the Federal Family Education Loan Program.
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.
If you have a loan through the defunct Federal Family Education Loan Program (FFEL) or Direct Loan program, you may be eligible for deferment and forbearance.
American Education Services (AES) was established by the Pennsylvania Higher Education Assistance Agency (PHEAA) to guarantee and service a variety of Federal Family Education Loan Program (FFELP)
[iv] Borrowers who have loans through the now defunct guaranteed student loan program (the Federal Family Education Loan Program) do not qualify for PSLF.
Secondary markets ensure the liquidity of the Federal Family Education Loan Program (FFELP) by buying student loans from education lenders.
Default on a Federal Family Education Loan Program (FFELP) loan occurs when you fail to make payments and your loan reaches 270 days of delinquency.
Other NELNET companies include Nelnet, Inc., National Education Loan Network, Inc., Nelnet Guarantee Services, Inc., Charter Account Systems, EDULINX Canada Corporation (sold May 2007 to Resolve), Firstmark Services LLC, Foresite Solutions Inc., 5280 Solutions Inc., infiNET Integrated Solutions, Inc., Nelnet Marketing Solutions, Inc., Shockley Financial Corp., American Card Services, Inc., Premiere Credit of North America LLC, Class Credit, Inc., CUNet, CollegeandUniversity.net, InTuition, Inc., Student Marketing Group (SMG), National Honor Roll, LLC, CollEDGE Loans and LoanSTAR Funding Group, GuaranTec LLP, FACTS Management Company, EMT Corporation, Idaho Financial Associates, Inc., Peterson's, MELMAC, Inc., National Higher Education Loan Program, Inc..
As of August 2014, 8 percent of Direct Loan borrowers and 21 percent of borrowers from the now - discontinued Federal Family Education Loan program are in default.
We service all aspects of student loans in the Federal Family Education Loan Program (FFELP) and alternative (private) student loans.
Navient purchases loans written under the U.S. Department of Education's now - unwinding Federal Family Education Loan Program, and has been making a strong push to buy loans from other private student loan lenders.
Generally, a postsecondary school participates in either the Federal Family Education Loan Program or in the Federal Direct Loan Program.
In a 2007 internal note, quoted in Illinois's lawsuit, Sallie Mae described its strategy of using subprime loans to «win school deals and secure F.F.E.L.P. and standard private volume,» a reference to the Federal Family Education Loan program that generated most of the company's profits.»
FedLoan is one of four companies in the nation that handles the U.S. Department of Education's Federal Family Education Loan Program, which covers Stafford, Unsubsidized Stafford, Federal PLUS and Federal Consolidation loans.
The federal student loans generally must be consolidated under the Federal Direct Loan Program (FDLP) or must be paid through the Federal Family Education Loan Program (FFEL).
Direct Subsidized Stafford loans Direct Unsubsidized Stafford loans Direct Grad PLUS loans Direct Parent PLUS loans Direct Consolidation loans Perkins loans Federal Family Education Loan Program (FFELP), and some health professions and nursing loans are also eligible if consolidated into the DL program.
If you have secured your student loans through the Federal Direct Loan Program or the Federal Family Education Loan Program, the Graduated Repayment Plan is the plan you are assigned to repay your debt.
The Guaranteed Student Loan Program, also known as the Federal Family Education Loan Program or FFELP, allows banks and private institutions to provide government subsidized and guaranteed loans to students.
In addition, Great Lakes was servicing $ 10.7 billion for nearly 479,000 borrowers in the Federal Family Education Loan program.
Additionally, the company services loans owned by the Department of Education, and other guarantors of Federal Family Education Loan Program (FFELP) loans.
It also services $ 77 billion in Federal Family Education Loan Program (FFEL) loans.
AES was established in 1963 by the Pennsylvania General Assembly to service loans that were granted through the Family Education Loan Program (FFELP) program, as well as private loans for college students.
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.
Federal loans borrowed under the Federal Family Education Loan Program (FFEL) prior to July 1, 2010, are typically classified as either a Stafford Loan or a Federal Direct Loan.
The only benefit I can see to choosing a private education loan program over the Parent PLUS is the current interest rate.
But contracts governing the servicing of older Federal Family Education Loan Program (FFELP) loans originally made by private lenders may not include such incentives.
Those who have borrowed from the Federal Family Education Loan Program, as an example, are required to consolidate their loans into a federal Direct Consolidation Loan in order to qualify for some income - driven repayment plans, or for Public Student Loan Forgiveness.
Federal Direct Student Loan Program (FDSLP) Similar to the Federal Family Education Loan Program (FFELP).
Other programs, such as the William D. Ford Federal Direct Loan Program and the Federal Family Education Loan Program, operate similarly, but require nine payments to be made in 10 months.
Both existing private and federal loans are eligible, including loans made under the William D. Ford Direct Loan Program, the Federal Family Education Loan Program, Health Education Assistance Loan Program, and the Federal Perkins Loan Program.
Federal Family Education Loan Program (FFELP) FFELP is one of two parallel federal education loan programs.
Once approved, U.S. citizens or permanent resident students will have the option to choose the private education loan program that best suits them; a fixed or variable interest rate.
From 2005, HECS was renamed to Higher Education Loan Program (HELP).
There is a major difference between the income - contingent and income - sensitive repayment plans and that is ICR deals with loans made under the William D. Ford Direct Loan program and ISR deals only with loans made under the Federal Family Education Loan program (FFEL).
The Federal Family Education Loan Program officially ended in March 2010 and previously was the second largest federal loan program.
In addition, they partner with the Department of Education and schools to service over $ 51 billion dollars in student loans under the Federal Family Education Loan Program.
Yeah, fasting and praying so that health care can be denied sick children, so that taxes can be lowered on the rich and raised on struggling middle - class families... praying that education loan programs be gutted and that social services for people in need get eliminated.
In the event that you may need to borrow through one of the alternative education loan programs, we encourage you to remedy any credit issues prior to coming to campus.
Federal Family Education Program (FFEL): Defunct higher education loans program funded through private partnerships administered at the state and local level.
Title IV Loans Title IV of the Higher Education Act of 1965 created several education loan programs which are collectively referred to as the Federal Family Education Loan Program (FFELP).
An ELT agreement allows a lender that is not authorized to participate in the federal education loan programs to make loans through a lender, the trustee, that is authorized to participate.
The National Council of Higher Education Loan Programs stated in March 2009 that guaranty agencies would not offset state tax rebates of all borrowers who made the required rehabilitation payments and continued to make payments while waiting for a buyer to purchase their loans.