Sentences with phrase «higher than federal loans»

The interest rate on these loans is determined by your credit score and will typically be higher than federal loans but lower than credit card interest.

Rates are often higher than federal loans and may be variable, he said.

Private loan origination fees will depend on your credit score and are typically higher than federal loan fees.

Not exact matches

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.

Borrowings under our credit facility bear interest at a per annum rate equal to, at our option, either (a) for LIBOR loans, LIBOR (but not less than 1.0 %) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, LIBOR (but not less than 1.0 %) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeLoans, depending on our leverage ratio and on certain factors relating to this offering.

Borrowings under the refinanced Term Loan bear interest at a rate equal to, at our option, either (a) LIBOR (not less than 1.0 %) plus 3.0 % per annum or (b) 2.0 % per annum plus the highest of (i) the Federal Funds Rate plus 0.5 %, (ii) the Prime Rate, or (iii) one - month LIBOR plus 1.0 %.

Namely, private loans tend to have much higher interest rates than loans that are offered through the federal government.

Borrowings under our credit facility bear interest at a per annum rate equal to, at our option, either (a) for LIBOR loans, LIBOR (but not less than 1.0 % for the term loan only) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, LIBOR (but not less than 1.0 % for the term loan only) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeLoans, depending on our leverage ratio and on certain factors relating to this offering.

In November 2013, Desert Newco refinanced the term loan, lowering the interest rates to either (a) LIBOR (not less than 1.0 %) plus 3.0 % per annum or (b) 2.0 % per annum plus the highest of (i) the federal funds rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, with step - downs of up to 0.25 % depending on Desert Newco's credit ratings.

Borrowings under the refinanced Credit Facility bear interest at a rate equal to, at our option, either (a) LIBOR (not less than 1.0 % for the Term Loan only) plus 3.75 % per annum or (b) 2.75 % per annum plus the highest of (i) the Federal Funds Rate plus 0.5 %, (ii) the Prime Rate, or (iii) one - month LIBOR plus 1.0 %.

The interest rate was revised such that borrowings under the refinanced Term Loan bear interest at a rate equal to, at our option, either (a) LIBOR (not less than 1.0 %) plus 3.0 % per annum or (b) 2.0 % per annum plus the highest of (i) the Federal Funds Rate plus 0.5 %, (ii) the Prime Rate, or (iii) one - month LIBOR plus 1.0 %.

In addition, since your ability to obtain a private loan depends largely on a student's (and often their parents») creditworthiness, interest rates can vary quite a bit and can potentially be significantly higher than those available through one of the federal options we discussed earlier.

Parent PLUS Loans have high interest rates compared to other federal student loans and even cost more than some private student lLoans have high interest rates compared to other federal student loans and even cost more than some private student lloans and even cost more than some private student loansloans.

Generally, you'll meet this requirement if your federal student loan debt is higher than your annual discretionary income or represents a significant portion of your annual income.

FHA loans are loans insured by the Federal Housing Administration and loan limits for FHA loans can be higher than for a comparable conventional loan.

Without a credit score of at least 690, you'll likely pay a higher interest rate for a private loan than you would for a federal loan.

Many Americans turn to the private student loan market to find the financial means to further their education.Private student loans often come with higher interest rates and less flexibility than federal student loans, but that doesn't mean you are left stranded.

Its best rate for a 10 - year loan is 4.375 percent, which would generate a monthly payment of $ 206, just $ 16 higher than the $ 190 payment on the four federal loans.

If a graduate is sued, they'll also owe expensive collection fees, which are higher for Perkins loans than for other types of federal student loans.

Similar to the Federal Reserve findings, regional banks had higher average loan amounts than many of the national banks.

Although the federal government's main accountability lever — eligibility for federal grants and loans — is only implemented at the institution level for most of higher education, the GE data show the value of targeting individual programs, rather than entire institutions.

In addition to the activities described above, the FAST Act expanded eligible purposes to include financing economic development, including commercial and residential development, and related infrastructure and activities, that (i) incorporate private investment, (ii) is physically or functionally related to a passenger rail station or multimodal station that includes rail service, (iii) has a high probability of the applicant commencing the contracting process for construction not later than 90 days after the date on which the RRIF loan or loan guarantee is obligated, and (iv) has a high probability of reducing the need for financial assistance under any other Federal program for the relevant passenger rail station or service by increasing ridership, tenant lease payments, or other activities that generate revenue exceeding costs (Transit - Oriented Development Projects or TOD Projects).

Without a credit score of at least 690, you'll likely pay a higher interest rate for a private loan than you would for a federal loan.

CU student loans» interest rates are somewhat higher than that of a subsidized federal student loan.

They have higher interest rates and fees and qualify for fewer repayment plans than federal direct subsidized and unsubsidized loans for students.

Most often, the interest rates on private loans are higher than those on federal loans, but some loan providers offer variable interest rates, which can adjust and change from year to year.

If you are carrying student loans issued through FFEL (private funding) or Federal Direct loans, such as Stafford or Perkins, you are eligible to consolidate your loans under federal guidelines that will ensure a reasonable fixed rate (no higher than 8.25 %) and extended payment terms (10 to 20 Federal Direct loans, such as Stafford or Perkins, you are eligible to consolidate your loans under federal guidelines that will ensure a reasonable fixed rate (no higher than 8.25 %) and extended payment terms (10 to 20 federal guidelines that will ensure a reasonable fixed rate (no higher than 8.25 %) and extended payment terms (10 to 20 years).

Private student loans can have higher interest rates than federal loans, so just be aware that you will be shouldering a lot more debt this way.

-LSB-...] with higher interest rates than federal loans and are almost impossible to shed in bankruptcy.

If the FAFSA isn't filed, your only loan options for the next academic year will be in the private sector — which typically come with much higher interest rates than federal student loans.

Because of this, private student loans generally come with higher interest rates than federal student loans.

Also, private loans provide higher loan amounts than federal loans.

One of the most common myths is that private loan companies have higher interest rates than federal loans, but that is simply not true.

Namely, private loans tend to have much higher interest rates than loans that are offered through the federal government.

These loans are especially popular among military members so federal law was passed saying that service personnel and their families could not be charged interest rates higher than 36 % for a loan with a term of 181 days or less to repay.

Most private student loans have variable interest rates that are higher than the fixed rates offered by federal loans.

Neither the IRS or federal student loan programs consider any other financial obligations as a higher priority than their repayment.

There are a number of reasons why the total amount you owe on your federal student loan might be higher than you expect it to be when you compare the current amount you owe with the original amount you borrowed.

For student loans without a co-signer, their interest rates are relatively low - though potentially higher than federal student loans.

Federal Housing Administration (FHA) loans allow borrowers to get into a home with a high debt to income ratio, allowing for a slightly higher mortgage payment amount than the buyer might normally qualify to pay.

In addition to lacking borrower protections, private student loans usually carry a higher interest rate than federal student loans, which ultimately makes private student loans more expensive.

As a rule, federal student loans have lower interest rates than private loans, so prioritize higher interest rate debt.

The agency offers student loans at higher interest rates than most federal programs.

Private student loans generally have higher interest rates and less flexible repayment options than federal loans.

Fixed rates are generally higher than what you'd get with federal student loans, though variable rates can sometimes offer a better deal — at least in the beginning.

Keep in mind that the loans that Congress is discussing right now have some of the lower rates of the student loans out there: Federal loans for parents and grad students have higher interest rates than the rates below.

Interest rates on personal loans can be higher than for other types of loans such as mortgages or federal student loans.

S. 2231 — Student Protection and Success Act [Sen. Jeanne Shaheen (D - NH)-RSB- would rescind federal student loan eligibility for higher education institutions at which less than 15 percent of students are not repaying their loans within three years of graduating or leaving school.

The average personal loan interest rate is higher than most federal and private graduate student loans.

Another problem is the private student - loan market, which generally charges students higher interest rates than the federal student - loan program and offers students fewer protections like economic hardship deferments.