Sentences with phrase «for direct loan programs»

This is a repayment plan that is specifically for Direct Loan programs.

However, for the direct loan programs, there are some basic eligibility criteria you will need to meet:

The USDA FSA sets the loan amounts, terms and interest rates for the direct loan programs.

Pay As You Earn Repayment Plan (PAYE Plan): This income based repayment is for Direct Loan Program borrowers who borrowed their student loans on or after Oct. 1, 2007.

The formulas for setting interest rates for the Direct Loan Program are determined by Congress.

Private loan lenders will generally follow the same procedures as outlined for the Direct Loan Program.

Perkins Loan repayment plan options are not the same as those for Direct Loan Program or FFEL Program loans.

A similar definition appears in the regulations for the Direct Loan program at 34 CFR 685.200 (c)(1)(vii).

(4) For a FFELP loan held by us or for a Direct Loan Program loan, document that skip tracing was performed if the applicable servicer determined that it did not have the borrower's current address.

Not exact matches

You are a first - time borrower for interest subsidy purposes if you had no outstanding balance on a Direct or FFEL Program loan on July 1, 2013, or on the date you obtained a Direct Loan after July 1, 2loan on July 1, 2013, or on the date you obtained a Direct Loan after July 1, 2Loan after July 1, 2013.

These include Direct Stafford Loans, Perkins Loans, Grad PLUS Loans, Parent PLUS Loans and consolidation loans, and each type has specific criteria for who is eligible, the interest rate offered, loan amounts, and repayment progLoans, Perkins Loans, Grad PLUS Loans, Parent PLUS Loans and consolidation loans, and each type has specific criteria for who is eligible, the interest rate offered, loan amounts, and repayment progLoans, Grad PLUS Loans, Parent PLUS Loans and consolidation loans, and each type has specific criteria for who is eligible, the interest rate offered, loan amounts, and repayment progLoans, Parent PLUS Loans and consolidation loans, and each type has specific criteria for who is eligible, the interest rate offered, loan amounts, and repayment progLoans and consolidation loans, and each type has specific criteria for who is eligible, the interest rate offered, loan amounts, and repayment progloans, and each type has specific criteria for who is eligible, the interest rate offered, loan amounts, and repayment programs.

Borrowers with Direct Stafford loans, both subsidized and unsubsidized, those with PLUS loans, or consolidation loan may opt for the standard repayment program.

Under an income - contingent repayment program, borrowers with Direct Stafford loans of any kind, PLUS loans made to students, and consolidation loans have their monthly payment based on the lesser of 20 percent of discretionary income or the amount due on a repayment plan with a fixed payment over 12 years, adjusted for income.

For example: The minimum monthly payment for all of your loans within the Federal Direct Loan Program is $ For example: The minimum monthly payment for all of your loans within the Federal Direct Loan Program is $ for all of your loans within the Federal Direct Loan Program is $ 50.

When I finished my graduate program at Syracuse University, the interest rate for federal Stafford Loans (now called Direct Loans) was 2.77 %.

The Public Service Loan Forgiveness (PSLF) Program forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments under a qualifying repayment plan while working full - time for a qualifying employer.

Loans from these programs do not qualify for PSLF, but they may become eligible if you consolidate them into a Direct Consolidation Loan.

If you consolidate parent PLUS loans with other direct federal student loans into a Federal Direct Consolidation Loan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR direct federal student loans into a Federal Direct Consolidation Loan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR Direct Consolidation Loan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR plLoan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR plloan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR plans.

Direct PLUS Loans for parents are not eligible for the IDR plans that allow borrowers to benefit from the PSLF program.

Although made under the Direct Loan Program, Direct PLUS Loans for parents must be consolidated into a Direct Consolidation Loan in order to benefit from PSLF.

The program allows you to receive forgiveness of the remaining balance of your Direct Loans after you have made 120 qualifying monthly payments while working full time for a qualifying employer.

Step 3: Lastly, while FFEL Program and Perkins loans are not eligible for PSLF, you may be able to get around this by taking out a Direct Consolidation Loan, which is eligible for PSLF.

If you are eligible for a U.S. Department of Defense Student Loan Repayment Program and have Direct or FFEL loans

* For the IBR Plan, you're considered a new borrower on or after July 1, 2014, if you had no outstanding balance on a William D. Ford Federal Direct Loan (Direct Loan) Program loan or Federal Family Education Loan (FFEL) Program loan when you received a Direct Loan on or after July 1, 2Loan (Direct Loan) Program loan or Federal Family Education Loan (FFEL) Program loan when you received a Direct Loan on or after July 1, 2Loan) Program loan or Federal Family Education Loan (FFEL) Program loan when you received a Direct Loan on or after July 1, 2loan or Federal Family Education Loan (FFEL) Program loan when you received a Direct Loan on or after July 1, 2Loan (FFEL) Program loan when you received a Direct Loan on or after July 1, 2loan when you received a Direct Loan on or after July 1, 2Loan on or after July 1, 2014.

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.

The Department stated that these findings qualify students enrolled in the covered programs and time periods to apply for a discharge of their federal Direct Loans through an expedited process using a simple attestation form.

The Department has stated that these Heald College findings qualify students enrolled in the covered programs and time periods to apply for a discharge of their federal Direct Loans through an expedited process using a simple attestation form.

The eligibility requirements for a direct USDA mortgage are more stringent than those for the loan guarantee program.

Perkins or FFEL Program loans, for example, are not eligible for Public Service Loan Forgiveness, unless they are consolidated into a Direct Consolidation Loan.

For example, if you teach full - time for five consecutive years in a low - income school, you might be able to receive forgiveness for up to $ 17,500 on your FFEL and Direct Loan program student loaFor example, if you teach full - time for five consecutive years in a low - income school, you might be able to receive forgiveness for up to $ 17,500 on your FFEL and Direct Loan program student loafor five consecutive years in a low - income school, you might be able to receive forgiveness for up to $ 17,500 on your FFEL and Direct Loan program student loafor up to $ 17,500 on your FFEL and Direct Loan program student loans.

General forbearances are available for Direct Loans, FFEL Program loans, and Perkins LLoans, FFEL Program loans, and Perkins Lloans, and Perkins LoansLoans.

A total and permanent disability (TPD) discharge relieves you from having to repay a William D. Ford Federal Direct Loan (Direct Loan) Program loan, Federal Family Education Loan (FFEL) Program loan, and / or Federal Perkins Loan (Perkins Loan) Program loan or complete a Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation on the basis of your total and permanent disabilLoan (Direct Loan) Program loan, Federal Family Education Loan (FFEL) Program loan, and / or Federal Perkins Loan (Perkins Loan) Program loan or complete a Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation on the basis of your total and permanent disabilLoan) Program loan, Federal Family Education Loan (FFEL) Program loan, and / or Federal Perkins Loan (Perkins Loan) Program loan or complete a Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation on the basis of your total and permanent disabilloan, Federal Family Education Loan (FFEL) Program loan, and / or Federal Perkins Loan (Perkins Loan) Program loan or complete a Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation on the basis of your total and permanent disabilLoan (FFEL) Program loan, and / or Federal Perkins Loan (Perkins Loan) Program loan or complete a Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation on the basis of your total and permanent disabilloan, and / or Federal Perkins Loan (Perkins Loan) Program loan or complete a Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation on the basis of your total and permanent disabilLoan (Perkins Loan) Program loan or complete a Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation on the basis of your total and permanent disabilLoan) Program loan or complete a Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation on the basis of your total and permanent disabilloan or complete a Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation on the basis of your total and permanent disability.

years; exempts vehicles owned by firefighter first responders used in the performance of duty from motor vehicle registration fees and vehicle use taxes; authorizes local volunteer fire companies and ambulance companies to offset the cost of health insurance for their volunteers through the use of funds collected from a 2 percent fire insurance premium tax from out - of - state insurers; allows fire companies to select up to three candidates to participate in the state's college tuition assistance program, known as Volunteer Recruitment Service Scholarships; and directs the state Higher Education Services Corp. to create a volunteer recruitment service college loan forgiveness program.

Federal Perkins Loans and Federal Direct Loan borrowers may qualify for various types of loan forgiveness and / or cancelation programs for working in high need teaching areas and public service jLoan borrowers may qualify for various types of loan forgiveness and / or cancelation programs for working in high need teaching areas and public service jloan forgiveness and / or cancelation programs for working in high need teaching areas and public service jobs.

WASHINGTON — President Clinton was poised late last week to unveil a long - awaited legislative package that would create a federally chartered corporation to oversee a national service program, replace the existing student - loan program with a system of direct loans made with federal capital, and call for extensive use of a loan repayment plan that would base payments on a borrower's income.

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.

The Senate version of HR 4210 would give families a $ 300 tax credit for each child under the age of 16; create an income - contingent, direct - loan program; make the interest on student loans tax deductible, and allow deductions for the full appreciated value of property donated to charitable organizations, a provision that is important to colleges and private schools.

Under the Teacher Loan Forgiveness Program, if you teach full - time for five complete and consecutive academic years in a low - income school or educational service agency, and meet other qualifications, you may be eligible for forgiveness of up to $ 17,500 on your Direct Subsidized and Unsubsidized Loans and your Subsidized and Unsubsidized Federal Stafford Loans.

The Education Corps is designed to provide tutoring and after - school support but not necessarily to train future teachers.92 The VISTA program matches corps members with a nonprofit organization to perform capacity building and provides yearlong stipends, but it is not intended for provision of direct services.93 The Professional Corps, which specifies teaching as one of its qualified positions, allows participants to access Segal AmeriCorps Education Awards — which recipients can use either for loan forgiveness or for paying tuition and other qualifying educational expenses — but increases residency program costs because residents are prohibited from receiving stipends through AmeriCorps and must therefore be paid through their program or the school district.94 None of these programs were designed for supported entry specifically; thus, programs dedicated to providing a gradual on - ramp to the teaching profession can sometimes find it hard to meet their definitions and requirements.

[35] The reduced interest rate is only available to TIFIA direct loans for Rural Projects where the subsidy cost of such loans is funded out of amounts set aside from the TIFIA Program's annual budget authority specifically for such reduced interest rate loans.

In Fiscal Year (FY) 1999, the Florida Department of Transportation (FDOT) and the Miami - Dade Aviation Department (MDAD) were approved for a two - tranche Transportation Infrastructure Finance and Innovation Act of 1998 (TIFIA) direct loan for the $ 2.0 billion Miami International Center (MIC) project, a multiyear program of ground access improvements to and within Miami International Airport (MIA).

The TIFIA established a Federal credit program for eligible transportation projects of national or regional significance under which the U.S. Department of Transportation (DOT) may provide 3 forms of credit assistance — secured (direct) loans, loan guarantees, and standby lines of credit.

The TIFIA established a Federal credit program for eligible transportation projects of national or regional significance under which the U.S. Department of Transportation (DOT) may provide three forms of credit assistance — secured (direct) loans, loan guarantees, and standby lines of credit.

Under the TIFIA program, the DOT provides secured direct loans, lines of credit, and loan guarantees to public and private applicants for eligible surface transportation projects.

(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 William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides «low - interest loans for students and parents to help pay for the cost of a student's education after high school.

While borrower defense applications typically require the borrower to specifically show that his or her school violated state law, the Everest and WyoTech findings qualify students enrolled in the covered programs and time periods to apply for a discharge of their federal Direct Loans through an expedited process using a simple attestation form.

Average savings of $ 643 are calculated using the 2016/2017 Award Year Federal Direct PLUS Loan program reporting (as of 5/03/2017 for quarter ending December 31, 2016 not including Grad PLUS) of originations of ~ $ 11.1 billion to 740,097 borrowers through 769,597 loans with an average loan size of $ 15,035Loan program reporting (as of 5/03/2017 for quarter ending December 31, 2016 not including Grad PLUS) of originations of ~ $ 11.1 billion to 740,097 borrowers through 769,597 loans with an average loan size of $ 15,035loan size of $ 15,035.30.

Only federal loans are eligible for consolidation under the Direct Loan Consolidation program, whereas federal and private education loans are eligible for refinancing through Brazos.

The Heald College findings qualify students enrolled in the covered programs during the covered time periods to apply for a discharge of their federal Direct Loans through an expedited process using a simple online attestation form.