Sentences with phrase «federal student loan forgiveness if»

You will only be eligible for this type of federal student loan forgiveness if your school's misleading activities or other misconduct directly relate to the loan or to the educational services for which the loan was provided.

Generally, you may be eligible for federal student loan forgiveness if you either attended a Corinthian school that closed on April 27, 2015, or you believe you were defrauded by the school you attended or it otherwise engaged in actions that violated state law.

Not exact matches

If your income is unsteady, you have trouble making monthly payments, or are interested in pursuing a federal student loan forgiveness program, refinancing is probably not right for you.

For example, federal loans can often be a better option for borrowing — even if you could get a lower interest rate on a private student loan — because federal loans have advantages private loans don't have, such as the opportunity to choose income - driven repayment plans or qualify for the Public Service Loan Forgiveness Progloan — because federal loans have advantages private loans don't have, such as the opportunity to choose income - driven repayment plans or qualify for the Public Service Loan Forgiveness ProgLoan Forgiveness Program.

If you have federal student loans and a) have too many different payments to keep track off or b) would like to qualify for different repayment plans like income - driven repayment or Public Service Loan Forgiveness, consolidation might be a good idea!

In addition, if you work as a federal employee or for a specific not - for - profit employer, such as a teachers, lawyers, or doctors, you may be eligible for student loan forgiveness after making consistent payments over a set period of time.

As you consider refinancing your student loans, be aware that working with a private lender isn't a wise move if you want to keep your federal loan protections or are working toward loan forgiveness.

If you have federal education debt from nursing school, you could qualify for these student loan forgiveness programs.

Have federal student loans and don't plan to use federal benefits such as income - driven repayment and loan forgiveness (you'll lose access to those programs if you refinance)

Some federal student loans also qualify for programs like Teacher Forgiveness and Public Service Loan Forgiveness, which forgive a portion of your loan if you serve the community for a certain amount of tLoan Forgiveness, which forgive a portion of your loan if you serve the community for a certain amount of tloan if you serve the community for a certain amount of time.

If you have federal loans, you can learn more about your repayment options and the Public Service Loan Forgiveness Program by visiting Federal Studentfederal loans, you can learn more about your repayment options and the Public Service Loan Forgiveness Program by visiting Federal StudentFederal Student Aid.21

Ameritech Financial is a document preparation company that provides federal student loan borrowers lower their monthly student loan payments, see if they qualify for forgiveness, and more.

Loan Forgiveness The federal government may write off one's student loan debt in certain cases, like in the event of military service, volunteer work, or if one practices medicine or teaches in specified communitLoan Forgiveness The federal government may write off one's student loan debt in certain cases, like in the event of military service, volunteer work, or if one practices medicine or teaches in specified communitloan debt in certain cases, like in the event of military service, volunteer work, or if one practices medicine or teaches in specified communities.

If refinancing from federal student loans to a private student loan, would the new loan terms outweigh any benefits that you're giving up, such as deferment / forbearance options, income - based repayment plans, or forgiveness eligibility?

If you have Federal student loans and you rely on income based repayment plans or are planning on getting student loan forgiveness, you want to stick with your Federal loans.

Although loan forgiveness under this program is available only for loans made and repaid under the Direct Loan Program, loans made under other federal student loan programs may become eligible for forgiveness if they are consolidated into a Direct Consolidation Lloan forgiveness under this program is available only for loans made and repaid under the Direct Loan Program, loans made under other federal student loan programs may become eligible for forgiveness if they are consolidated into a Direct Consolidation LLoan Program, loans made under other federal student loan programs may become eligible for forgiveness if they are consolidated into a Direct Consolidation Lloan programs may become eligible for forgiveness if they are consolidated into a Direct Consolidation LoanLoan.

Keep in mind that if you refinance your federal student loans, you'll lose out on federal benefits, such as income - driven repayment plans and forgiveness programs.

Consolidating a federal student loan that is in default allows you to restore eligibility for federal loan benefits including deferment, forbearance and loan forgiveness programs.1 If you have many federal loan services, consolidating into one loan will make your monthly payments much easier.

If you have federal student loans and a) have too many different payments to keep track off or b) would like to qualify for different repayment plans like income - driven repayment or Public Service Loan Forgiveness, consolidation might be a good idea!

Though, if you have federal student loans and think you might want to pursue Public Service Loan Forgiveness or need an income - driven plan down the line, sticking with your current student loans may be best.

If you are interested in federal student loan forgiveness, contact Education Solutions.

If you have federal loans and you teach, work in the public sector, or are eligible for income - driven repayment, you may be eligible for student loan forgiveness.

For example, if you refinance your federal student loans, you may no longer have access to some benefits that federal student loans offer such as loan forgiveness, deferment, forbearance and income based repayment plan.

If you have Parent PLUS Loans, this is the easiest way to obtain forgiveness for federal student loans and financialLoans, this is the easiest way to obtain forgiveness for federal student loans and financialloans and financial aid.

If you have low federal student loan debt, high income or private sector employment, Public Service Loan Forgiveness will probably not be helpful for you, and a private student loan consolidation may be more vialoan debt, high income or private sector employment, Public Service Loan Forgiveness will probably not be helpful for you, and a private student loan consolidation may be more viaLoan Forgiveness will probably not be helpful for you, and a private student loan consolidation may be more vialoan consolidation may be more viable.

However, if borrowers consolidate both private and federal student loans together, they will lose the benefits of federal student loans, such as income - based repayment options, deferral, loan forgiveness and more.

If you're a government employee, make sure to take advantage of the benefits and privileges of student loan forgiveness for federal employees.

While it's true that refinancing can make repaying your loans easier, you should know that if you refinance your federal student loans, they become private student loans — at that means you are giving up certain safety nets, like the forgiveness options outlined above.

Under the law, you may be eligible for borrower defense to repayment forgiveness of the federal student loans that you took out to attend a school if that school misled you, or engaged in other misconduct in violation of certain state laws.

But if you plan to refinance your federal student loans, it must be done with caution as you tend to lose some benefits that usually associate with some of them such as loans forgiveness, deferment, forbearance and flexible repayment plans such as early repayment and income based repayment programs.

You need to figure out your current interest rate, if it's fixed or variable, what protections or benefits you have with your federal loans, and if you have any hope for student loan forgiveness.

If your federal student loan is eligible for forgiveness or has other perks like grace periods, it may be better to continue paying the loan.

If your federal student loan offers forgiveness, you may save money by making the payments over time.

Refinancing is a good idea if you have private student loans, or if you have federal student loans and don't plan to take advantage of a federal forgiveness program or an income - driven repayment plan.

If you only have federal loans, have a moderate interest rate (5 - 6 %), or are looking into student loan forgiveness, then refinancing your student loans may not be right for you.

It's a good idea to speak with your lender, your school, your employer, or a representative of the Office of Federal Student aid to find out if you qualify and what steps you should take to seek loan forgiveness.

For example, if you are considering the refinance of a federal student loan, you should ask yourself if you plan to take advantage of any potential loan forgiveness programs in the future.

If you see an ad for federal student loan consolidation, forgiveness, or any other program you need to stop and look the other direction.

So if you're already working in these sectors, then perhaps taking advantage of these federal student loan forgiveness programs can definitely help you.

If you have a federal student loan, then you may be able to have some or all of the balance «forgiven» by taking advantage of student loan forgiveness programs.

If you rely on your Federal student loans for income - based repayment programs, or some type of forgiveness program, then you shouldn't refinance your loans this way.

Yes, there are possibly loan forgiveness options if you have Federal student loans.

Before you give up on not qualifying for Federal loan forgiveness programs, check your state and see if they offer any incentives or assistance: Student Loan Forgiveness by Stloan forgiveness programs, check your state and see if they offer any incentives or assistance: Student Loan Forgivenesforgiveness programs, check your state and see if they offer any incentives or assistance: Student Loan Forgiveness by StLoan ForgivenessForgiveness by State.

In addition to the types of forgiveness, cancellation, and discharge shown above, you may also be eligible for discharge of your federal student loans based on borrower defense to repayment if you took out the loans to attend a school that misled you, or engaged in other misconduct in violation of certain state laws, and if the school's act or omission directly related to your federal student loans or to the educational services that you paid for with the loans.

Loss of eligibility for forgiveness plans If you have federal student loans in default, you'll lose protections such as federal forgiveness programs, forbearance, deferment, and access to different repayment plan options.

Borrowers should be aware that if they refinance their federal student loans with their private loans, they will lose the benefits of federal loans such as income - based repayment options and loan forgiveness.

If you fall into that category, there are two programs that would help you to gain up to 70 % loan forgiveness of your Federal Perkins Loans: AmeriCorps VISTA is a volunteer program for students who want to serve in vulnerable areas in the U.S..

If you're refinancing federal student loans, you will lose some of the more generous hardship and forgiveness benefits - especially Perkins loans.

The only situation it really makes sense to refinance your Federal student loans is if you can make payments under the Standard 10 - Year Repayment Plan, don't plan on taking advantage of any forgiveness programs, and don't foresee any financial hardships occurring in the future that could lower your income.

If you're currently deciding whether or not to take a job based on being eligible for a federal student loan forgiveness program, take heart.