Sentences with phrase «meeting the repayment requirements»

Not meeting the repayment requirements will result in a default of the loan.

This means that as long as you meet the repayment requirements as laid down in the agreement, there will be no further fees, administrative charges or service costs.

Not exact matches

[So] even if you do meet the requirements, think carefully before taking on the loan, and be sure you can service the repayment terms.»

Congress has allocated the DOE $ 350 million to offer forgiveness to student loan borrowers who meet all requirements for PSLF except that they were enrolled in graduated or extended repayment plans, which are ineligible for relief.

The Army, Navy, Air Force, and National Guard all offer loan repayment programs to health professionals who meet eligibility requirements and agree to serve for a minimum of years.

• You are serving in a medical or dental internship or residency program and meet requirements • The total amount you owe each month is 20 % or more of your total monthly gross income, for up to three years • You are serving in an AmeriCorps position for which you received a national service award • You are performing teaching service that would qualify you for teacher loan forgiveness • You qualify for partial repayment of your loans under the U.S. Department of Defense Student Loan Repayment Program • You are a member of the National Guard and have been activated by a governor, but you are not eligible for military repayment of your loans under the U.S. Department of Defense Student Loan Repayment Program • You are a member of the National Guard and have been activated by a governor, but you are not eligible for military Repayment Program • You are a member of the National Guard and have been activated by a governor, but you are not eligible for military deferment

In order to qualify, the borrower, alone, must meet the following requirements: (1) Make the required number of consecutive, on - time full principal and interest payments as indicated in the borrower's credit agreement during the repayment period (excluding interest - only payments) immediately prior to the request.

Any period of forbearance will reset the repayment clock; (2) The account can not be in delinquent status; (3) The borrower must provide proof of income indicating that he / she meets the income requirements and pass a credit review demonstrating that he / she has a satisfactory credit history and the ability to assume full responsibility of loan repayment; (4) No bankruptcies or foreclosures in the last sixty months; and (5) No loan defaults.

However, if you don't meet those requirements, a cosigner may increase your chances of being approved and securing lower rates and better repayment terms.

No grace period on repayment: While EdvestinU does not require borrowers to meet any degree requirements, students who refinance their loans while still in school should keep in mind that they will not be able to take advantage of any grace period.

After your passing, your spouse may remain in the home, continuing to defer loan repayment, as long as all loan and FHA requirements continue to be met, including maintenance of the home and payment of all property taxes, fees, and homeowner's insurance.

The longer you make PSLF - qualifying payments under a 10 - Year Standard Repayment Plan, the lower the remaining balance on your loans will be when you meet all of the PSLF Program's eligibility requirements.

The loan will not become due and subject to repayment as long as you continue to meet loan obligations such as living in the home as your primary residence, maintaining the home according to the Federal Housing Administration (FHA) requirements, and paying property taxes and homeowners insurance.

However, you must meet a range of loan requirements, and the burden of repayment can wear you down.

These loans have little credit and income requirements for approval and provide financing with low monthly installments as the repayment schedules can be stretched to meet the borrower's needs and budget.

Qualifying for PSLF means meeting specific requirements for the employer, the loan type and the repayment plan — and the details can be overwhelming.

You will need to follow up with your loan servicer to confirm whether you meet the requirements for Pay As You Earn and Income - Based Repayment Plans as each of them has specific eligibility requirements.

At a Chapter 13 confirmation hearing, required as the basis for the order approving the plan and ordering the creditors to accept it (the hearing is called a section 341 hearing, or simply, â $ the three forty - oneâ $), the court either approves or disapproves the debtorâ $ ™ s repayment plan, depending on whether it meets the Bankruptcy Codeâ $ ™ s requirements for confirmation.

They are two completely separate things: — IBR is the repayment plan your wife is on (which also includes forgiveness on any balance after 20/25 years)-- PSLF is potentially the student loan forgiveness program your wife could qualify for if she meets all the requirements

A Chapter 13 bankruptcy involves a standing trustee, who questions you about your assets and scrutinizes your income and expenses and generally tries to make sure that your repayment plan meets technical requirements and could probably succeed.

All the student loans I took out where Federally funded through the Dept of Education and as such should make me eligible for the PSLF program since I have more then meet the employment and loan repayment requirements.

You can meet the debt requirements for the lender and the loan type with that monthly repayment included

Separation or grace period: The period of time after the customer leaves school or no longer meets enrollment requirements before the loan enters principal and interest repayment.

New Mexico Student Loans offers low - cost, fixed - interest rate student loans to borrowers who meet eligibility requirements, with a variety of repayment plans available.

In order to be eligible, certain requirements must be met for loan repayment.

Known as the Colorado Law Loan Repayment Assistance Program (LRAP), this program awards gifts of money and funds for loan repayment to those that meet the employment criteria and also all other loan requRepayment Assistance Program (LRAP), this program awards gifts of money and funds for loan repayment to those that meet the employment criteria and also all other loan requrepayment to those that meet the employment criteria and also all other loan requirements.

Individuals that are eligible for this loan repayment opportunity can receive nearly thirty - thousand dollars a year toward their educational debt, if they meet the eligibility requirements.

In addition, your newly consolidated loans are eligible to participate in other repayment plans as long as you meet all of the financial requirements for the desired repayment plan.

If you do not meet all of the requirements, you may be able to include your income tax liabilities in a Chapter 13, in which you would set up a repayment plan and avoid enforcement actions, such as levies on bank accounts or wage garnishments.

The Missouri Health Professional State Loan Repayment Program offers up to fifty - thousand dollars in loan repayment if all qualifications and eligibility requirementsRepayment Program offers up to fifty - thousand dollars in loan repayment if all qualifications and eligibility requirementsrepayment if all qualifications and eligibility requirements are met.

Depending on the which lender eligibility requirements you meet, you'll see all the offers you qualify for, along with a range of repayment terms and interest rates.

If you don't meet the program's requirements, you lose your chance for loan forgiveness or repayment assistance.

The Army, Navy, Air Force, and National Guard all offer loan repayment programs to health professionals who meet eligibility requirements and agree to serve for a minimum of years.

The loan will not become due and subject to repayment as long as you continue to meet loan obligations such as living in the home as your primary residence, maintaining the home according to the Federal Housing Administration (FHA) requirements, and paying property taxes and homeowners insurance.

You can meet the debt requirements for the lender and the loan type with that monthly repayment included

There also are financing, disclosure and repayment - term requirements that need to be met.

QM was issued earlier this year and lays out broad - based lender requirements to ensure loans are made only to borrowers who can reasonably be expected to meet repayment obligations.

After your passing, your spouse may remain in the home, continuing to defer loan repayment, as long as all loan and FHA requirements continue to be met, including maintenance of the home and payment of all property taxes, fees, and homeowner's insurance.