Sentences with phrase «federal loan borrowers enroll»
In the 2015 report, the Student Loan Ombudsman focused on the alleged failure of servicers to help private and federal loan borrowers enroll or remain enrolled in income - based repayment plans.
https://studentloans.net/ Not exact matches
Any borrower with eligible federal student loans can enroll in this plan.
Last week, the CFPB's student loan ombudsman, Seth Frotman, stated that borrowers have complained that federal loan servicers make it difficult to enroll in programs that can lower their monthly federal loans based on their salaries.
Federal student loans offer certain options and benefits that many private lenders do not, such as deferments or forbearances that allow the borrower to temporarily reduce or defer payments if they enroll in school or experience financial hardship.