Sentences with phrase «loan cancellation based»

Not exact matches

Unlike some other forgiveness programs that simply waive any remaining debt after a longer period of time, Perkins Loan Cancellations are evaluated on a year - by - year basis, and you could have either a percentage or the full amount of your balance canceled.

Cancellation of the annual mortgage insurance premiums will normally be based on the scheduled amortization of the loan.

Federal Perkins Loan cancellation is based on eligible employment or eligible volunteer service and the length of time that you were in such a position.

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.

Serious problems with ATB tests can be the basis of an application for a loan cancellation due to ATB fraud.

Peace Corps: If you volunteer for the Peace Corps, you can get partial cancellation of Perkins Loans based on the number of years of service.

If it's returned within 120 days of the disbursement date (cancellation payment) we will reduce the principal balance, loan fee, and applicable interest based on the amount you return.

Unlike some other forgiveness programs that simply waive any remaining debt after a longer period of time, Perkins Loan Cancellations are evaluated on a year - by - year basis, and you could have either a percentage or the full amount of your balance canceled.

With federal loans, you can take advantage of income - based and income - contingent repayment plans, loan forgiveness / cancellation eligibility, or the option to stall your payments with a deferment or forbearance.