Sentences with phrase «higher than the federal student loan»

For student loans without a co-signer, their interest rates are relatively low - though potentially higher than federal student loans.
For most private loans, it is a given that the interest rates will be higher than federal student loans, and you will not get the perks of being subsidized by the government and having your interest paid for while you are in school.
You'll notice these interest rates are significantly higher than the federal student loan options.
For most private loans, it is a given that the interest rates will be higher than federal student loans, and you will not get the perks of being subsidized by -LSB-...]

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.
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.
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.
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.
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.
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.
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.
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.
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 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 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.
Private loans often have higher interest rates attached to them than federal student loans or other government - subsidized loans.
For this reason, personal loans may have slightly higher interest rates than federal or private student loans.
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.
Often, private student loans have higher interest rates than federal loans, but there are some available with good terms and competitive rates.
Private student loans often carry higher interest rates than federal loans.
Though most of these loans are also subsidized, the interest rate charged may be higher than that of federal loans for students.
Bear in mind that private student loans are typically harder to qualify for, and will likely carry higher interest rates (and fewer borrower protections) than federal student loans.
This is due to the fact that federal loans are subsidized loans and carry low interest rates while only some private student loans are subsidized and even those which are still charge a higher rate than federal loans.
Additionally, private loans usually feature higher student loan rates than federal loans and require a credit check before funding.
Awhile back, Senator Elizabeth Warren accused the federal government of making «obscene» profits on student loans because the interest rates were higher than the government's cost of borrowing money.
Borrowers can be eligible for an IDR if their federal student loan debt is higher than their annual income or is grossly disproportionate to discretionary income.
Borrowers of these loans often pay a much higher interest rate than federal student loans with the average standing around 9 percent, though some loans carry interest rates as high as 15 percent.
That young cohorts are better educated than their predecessors should result in higher lifetime earnings, if the «skills gap» mythology that motivated the expansion of the federal student loan programs were true.
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.
Private student loans tend to carry much higher interest rates than federal loans, with some capping out at 18 %.
For example, many parents took out federal PLUS loans, which generally have higher interest rates than federal loans granted to students.
Private student loans are different than federal student loans and they often have different requirements, higher interest rates, and repayment usually begins immediately.
Fixed interest rate loans may be lower than federal student loan interest rates for the most qualified borrowers, but they are often higher for borrowers with less than perfect credit.
Private student loans are generally privately insured, carry a higher interest rate than federal loans, and are based on credit - worthiness.
The Free Application for Federal Student Aid (FAFSA) is needed in order to be eligible for more than $ 150 billion in grants, work - study funds, and federal student loans available to students pursuing higher eduFederal Student Aid (FAFSA) is needed in order to be eligible for more than $ 150 billion in grants, work - study funds, and federal student loans available to students pursuing higher eduStudent Aid (FAFSA) is needed in order to be eligible for more than $ 150 billion in grants, work - study funds, and federal student loans available to students pursuing higher edufederal student loans available to students pursuing higher edustudent loans available to students pursuing higher education.
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.
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