Sentences with phrase «into direct»

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

According to this Department of Education guidance you can consolidate an existing FFEL Consolidation Loan into a direct loan and you can also add your current federal loans to the consolidation at the same time.

This plan is also available to borrowers of Parent PLUS loans who consolidate their loans into a Direct Consolidation Loan.

If you have a Direct Loan or Federal Family Education Loan (FFEL), you can consolidate it with your HEAL program loans into a Direct Consolidation loan.

Your analysis has led me to move a portion of my total bond fund into direct CDs in an IRA from a CU.

If the borrower consolidates the following loans into a Direct Consolidation Loan, he or she is also eligible for income - contingent repayment plans:

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

If prices dropped 30 % to 50 %, this contingent liability would very quickly develop into a direct liability as it did in 1997.

Effective July 1, 2010, borrowers who are in default may consolidate into the Direct Loan program immediately (without any payments prior to consolidation) if they agree to repay the debt using income - contingent repayment or income - based repayment.

This means, for example, that a Perkins Loan on its own can not be consolidated into a Direct Loan.

Then the program says FFEL Spousal Consolidation Loans may not be rolled into the Direct Loan program to consolidate them.

Further, borrowers with joint FFEL consolidation loans, according to the Department, may not reconsolidate into Direct Loans and therefore are not eligible for public service loan forgiveness.

Borrowers with FFEL loans may consolidate into the Direct Loan program to take advantage of this benefit.

There is no charge to consolidate federal student loans into a Direct Loan Program which is then eligible for a monthly payment based on your income.

Mr Gregory Choy, OCBC Bank's wealth advisory head, explains: «The advantage of investing in unit trusts is that it allows investors to participate in the market with a smaller investment outlay and still be able to have a well - diversified investment, as opposed to investing into direct equities, which generally requires a higher outlay.»

Borrowers can consolidate the federal loans into the Direct Loan Program for free at StudentLoans.gov.

While it doesn't work for everyone, you can look at re-consolidating your pre-1998 loans into a Direct Consolidation Loan, then many of the forgiveness programs could apply.

This is what I was confused about — I received loans beginning in ’96 (pre 1998) but they were turned into a direct consolidation loan in 2005.

An option would have been to re-consolidate into Direct loans, but that doesn't change the past.

This means transferring your loan into a Direct Consolidation loan.

First, you must consolidate the Parents PLUS loan into a Direct Consolidation Loan.

You can reconsolidate into Direct loans, and then you'll likely qualify for more programs, such as PSLF.

This includes loans consolidated into a Direct Loan, except for those consolidated in order to repay Parent PLUS Loans.

Please be aware that once your loans are combined into a direct consolidation loan, the action can not be undone.

Another option for getting out of default is to consolidate your defaulted federal student loan into a Direct Consolidation Loan.

Also, other federal loans can qualify if they are consolidated into a Direct Consolidation Loan.

system or via Perkins (whereby the money originated from banks who backed the loans, changes made in 2010 made DOE the lender and holder of the notes, making the borrower a pawn of the Federal Government); in order for the borrower to get into REPAYE they must agree to a consolidation and convert those loans into a Direct Loan (William D. Ford Direct Loan Program - owned and operated by the DOE in Washington, DC).

There is no application fee to consolidate your federal education loans into a Direct Consolidation Loan.

I have all my private debt consolidated into a direct loan consolidation with standard...

• Direct Stafford loans • Direct Consolidation loans • Perkins and Parent PLUS loans are only eligible if you consolidate them into a Direct Consolidation loan and repay them under the standard or income - contingent repayment plan.

If you are thinking about consolidation, you can start by looking into Direct Consolidation Loans.

Unfortunately, PLUS loans are typically ineligible for income - based repayment plans, unless they are first consolidated into a Direct Consolidation Loan.

You can consolidate your federal loans into a Direct Consolidation Loan offered by the Department of Education.

Once your loans are combined into a Direct Consolidation Loan, this can not be undone.

Though there is no fee to consolidate your federal student loans into a Direct Consolidation Loan, it is important to keep a few things in mind which may be reasons for you to not want to consolidate:

However, borrows may be able to consolidate several other loan types (such as Stafford Loans) into a Direct Consolidated Loan and then be eligible.

If you have FFEL Program or Perkins Loan Program loans, you may consolidate them into a Direct Consolidation Loan, to take advantage of PSLF.

In addition, if you made qualifying payments on a Direct Loan and then consolidate it into a Direct Consolidation Loan, you must make 120 qualifying payments on the Direct Consolidation Loan.

When consolidating federal loans, the government combines all your federally acquired loans into a Direct Loan Consolidation.

All types of federal loans consolidated into a Direct Consolidation Loan qualify for forgiveness.

For a one - year stretch — from July 1, 2010 to July 1, 2011 — current students who have FFEL loans can roll those into the Direct Loan program.

As Microsoft and Intel turned into direct competitors, HP began to lower its reliance on them.

The only way for these loan types to qualify is to actually consolidate them into a Direct Loan.

For this reason, if you've made qualifying PSLF payments on your Direct Loans and you're thinking of consolidating those loans into a Direct Consolidation Loan along with loans you received under other federal student loan programs, you should leave your Direct Loans out of the consolidation and consolidate only your loans from other federal student loan programs.

NOTE: To consolidate a Federal Perkins Loan or Health Professions or Nursing Loan into the Direct Loan Program, you must also consolidate at least one FFEL Program loan or Direct Loan.

Can my and my spouse's joint consolidation loan from the Federal Family Education Loan (FFEL) Program be consolidated into a Direct Consolidation Loan so that one or both of us can qualify for PSLF?

Private education loans aren't eligible for PSLF and can't be consolidated into a Direct Consolidation Loan.

If you have more than one student loan, you can try to consolidate your loans into a direct consolidation loan.

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 Loan.

If you think you are going to be eligible for public service forgiveness and you don't currently have a Direct loan, you should consolidate into the Direct loan program.