Sentences with phrase «of direct loan program»

Direct Subsidized Loans, Direct Unsubsidized Loans, Direct PLUS Loans, and Direct Consolidation Loans are all consdered a part of the Direct Loan Program.
Rehabilitation of Direct Loan program loans is automatic when the borrower has completed the steps required to rehabilitate the loan.
The borrower must have made 120 payments as part of the Direct Loan program in order to obtain this benefit.
The government lists four of these direct loan programs and designates them as The William D. Ford Federal Direct Loan program:

Not exact matches

And while that's not illegal, it is against the law to make false claims about the nature of the service or lie about being affiliated with the government's Direct Loan Program.
To qualify, you'll still need to have a loan from the Direct program, have had made all of your payments in full and on time, and have worked 10 years in a public service job with a qualifying employer.
To ensure borrowers are not adversely impacted by this transition and to facilitate loan repayment while reducing taxpayer costs, the Department of Education is encouraging borrowers with split loans to consolidate their guaranteed FFEL loans into the Direct Loan progloan repayment while reducing taxpayer costs, the Department of Education is encouraging borrowers with split loans to consolidate their guaranteed FFEL loans into the Direct Loan progLoan program.
With the passage of the Health Care and Education Reconciliation Act of 2010, students and their parents were eligible to borrow through the Federal Direct Loan Program through the Department of Education.
In most cases, the court will direct you to repay your loans with the help of other federal programs, such as an income - driven repayment plan or deferment.
Under an income - contingent repayment program, borrowers with Direct Stafford loans of any kind, PLUS loans made to students, and consolidation loans have their monthly payment based on the lesser of 20 percent of discretionary income or the amount due on a repayment plan with a fixed payment over 12 years, adjusted for income.
For example: The minimum monthly payment for all of your loans within the Federal Direct Loan Program is $ 50.
FedLoan Servicing services two main types of federal loan programs: FFELP and the William D. Ford Federal Direct Loan Program loloan programs: FFELP and the William D. Ford Federal Direct Loan Program loLoan Program loans.
If you consolidate parent PLUS loans with other direct federal student loans into a Federal Direct Consolidation Loan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR direct federal student loans into a Federal Direct Consolidation Loan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR Direct Consolidation Loan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR plLoan, the only income - driven repayment (IDR) program that loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR plloan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR plans.
The program allows you to receive forgiveness of the remaining balance of your Direct Loans after you have made 120 qualifying monthly payments while working full time for a qualifying employer.
However, if you consolidate a FFEL Program Loan or Federal Perkins Loan into a Direct Consolidation Loan, you may then be able to repay the Direct Consolidation Loan under the REPAYE, PAYE, and ICR Plan (depending on the type of loan that you consolidaLoan or Federal Perkins Loan into a Direct Consolidation Loan, you may then be able to repay the Direct Consolidation Loan under the REPAYE, PAYE, and ICR Plan (depending on the type of loan that you consolidaLoan into a Direct Consolidation Loan, you may then be able to repay the Direct Consolidation Loan under the REPAYE, PAYE, and ICR Plan (depending on the type of loan that you consolidaLoan, you may then be able to repay the Direct Consolidation Loan under the REPAYE, PAYE, and ICR Plan (depending on the type of loan that you consolidaLoan under the REPAYE, PAYE, and ICR Plan (depending on the type of loan that you consolidaloan that you consolidate).
If you are eligible for a U.S. Department of Defense Student Loan Repayment Program and have Direct or FFEL loans
The FHA loan program isn't unique to Quicken, but it turned out to have one of the best offers among the major banks and direct lenders we surveyed.
In 2016, 25 % of the borrowers in repayment on federal Direct Loans are in programs limiting their payments to an affordable percentage of their disposable incomes, up from just 11 % in 2013.
There is no way that issuing bonds or taking bank loans can push the direct burden of financing these programs onto posterity.
Businesses applying for SSBCI funding through the FAME Direct Loan or the Maine Venture Fund must meet the standard eligibility requirements of the respective program.
The Department stated that these findings qualify students enrolled in the covered programs and time periods to apply for a discharge of their federal Direct Loans through an expedited process using a simple attestation form.
The Department has stated that these Heald College findings qualify students enrolled in the covered programs and time periods to apply for a discharge of their federal Direct Loans through an expedited process using a simple attestation form.
A total and permanent disability (TPD) discharge relieves you from having to repay a William D. Ford Federal Direct Loan (Direct Loan) Program loan, Federal Family Education Loan (FFEL) Program loan, and / or Federal Perkins Loan (Perkins Loan) Program loan or complete a Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation on the basis of your total and permanent disabilLoan (Direct Loan) Program loan, Federal Family Education Loan (FFEL) Program loan, and / or Federal Perkins Loan (Perkins Loan) Program loan or complete a Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation on the basis of your total and permanent disabilLoan) Program loan, Federal Family Education Loan (FFEL) Program loan, and / or Federal Perkins Loan (Perkins Loan) Program loan or complete a Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation on the basis of your total and permanent disabilloan, Federal Family Education Loan (FFEL) Program loan, and / or Federal Perkins Loan (Perkins Loan) Program loan or complete a Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation on the basis of your total and permanent disabilLoan (FFEL) Program loan, and / or Federal Perkins Loan (Perkins Loan) Program loan or complete a Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation on the basis of your total and permanent disabilloan, and / or Federal Perkins Loan (Perkins Loan) Program loan or complete a Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation on the basis of your total and permanent disabilLoan (Perkins Loan) Program loan or complete a Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation on the basis of your total and permanent disabilLoan) Program loan or complete a Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation on the basis of your total and permanent disabilloan or complete a Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation on the basis of your total and permanent disability.
The SBA Microloan Program makes direct loans and grants to community - based nonprofits that provide microloans of up to $ 50,000, and training and technical assistance to startups and growing small businesses.
Direct assistance is provided in the form of a three - year forgivable loan program that serves to improve Oneida County's housing stock by alleviating codes violations, bringing homes into compliance with Housing Quality Standards (HQS) and improving energy efficiency thereby reducing utility costs.
years; exempts vehicles owned by firefighter first responders used in the performance of duty from motor vehicle registration fees and vehicle use taxes; authorizes local volunteer fire companies and ambulance companies to offset the cost of health insurance for their volunteers through the use of funds collected from a 2 percent fire insurance premium tax from out - of - state insurers; allows fire companies to select up to three candidates to participate in the state's college tuition assistance program, known as Volunteer Recruitment Service Scholarships; and directs the state Higher Education Services Corp. to create a volunteer recruitment service college loan forgiveness program.
82, associate dean of admissions and director of student financial services at Carleton College in Minnesota, says the emergence of the government's direct loan program resulted in improved customer service by the private banks.
The Harvard Graduate School of Education, like all of Harvard University, participates in the Federal Direct Loan Program offered through the U.S. Department of Education.
Supplemental education loans are credit - based loans that may be borrowed as supplements to the Federal Direct Unsubsidized Loan Program, effectively meeting the gap between your cost of attendance and any financial aid you may receive from the HGSE Financial Aid Office.
Federal Perkins Loans and Federal Direct Loan borrowers may qualify for various types of loan forgiveness and / or cancelation programs for working in high need teaching areas and public service jLoan borrowers may qualify for various types of loan forgiveness and / or cancelation programs for working in high need teaching areas and public service jloan forgiveness and / or cancelation programs for working in high need teaching areas and public service jobs.
WASHINGTON — President Clinton was poised late last week to unveil a long - awaited legislative package that would create a federally chartered corporation to oversee a national service program, replace the existing student - loan program with a system of direct loans made with federal capital, and call for extensive use of a loan repayment plan that would base payments on a borrower's income.
WASHINGTON — President Clinton's proposals for a national - service program and direct student loans will run into some bumpy stretches of road on their journeys through Congress, observers predicted last week as the legislation was introduced in the House and Senate.
Although much of country is familiar with the late Senator Edward «Ted» Kennedy's efforts in healthcare reform, he was also a leading force behind such education policies as Goals 2000, No Child Left Behind (NCLB), and the Direct Loan Program.
The Senate version of HR 4210 would give families a $ 300 tax credit for each child under the age of 16; create an income - contingent, direct - loan program; make the interest on student loans tax deductible, and allow deductions for the full appreciated value of property donated to charitable organizations, a provision that is important to colleges and private schools.
Since Harvard University participates in the Federal Direct Loan Program this is the only supplemental loan that is recommended by the HGSE Financial Aid Office, however students may select any supplemental loan of their likLoan Program this is the only supplemental loan that is recommended by the HGSE Financial Aid Office, however students may select any supplemental loan of their likloan that is recommended by the HGSE Financial Aid Office, however students may select any supplemental loan of their likloan of their liking.
Under the Teacher Loan Forgiveness Program, if you teach full - time for five complete and consecutive academic years in a low - income school or educational service agency, and meet other qualifications, you may be eligible for forgiveness of up to $ 17,500 on your Direct Subsidized and Unsubsidized Loans and your Subsidized and Unsubsidized Federal Stafford Loans.
The Education Corps is designed to provide tutoring and after - school support but not necessarily to train future teachers.92 The VISTA program matches corps members with a nonprofit organization to perform capacity building and provides yearlong stipends, but it is not intended for provision of direct services.93 The Professional Corps, which specifies teaching as one of its qualified positions, allows participants to access Segal AmeriCorps Education Awards — which recipients can use either for loan forgiveness or for paying tuition and other qualifying educational expenses — but increases residency program costs because residents are prohibited from receiving stipends through AmeriCorps and must therefore be paid through their program or the school district.94 None of these programs were designed for supported entry specifically; thus, programs dedicated to providing a gradual on - ramp to the teaching profession can sometimes find it hard to meet their definitions and requirements.
[35] The reduced interest rate is only available to TIFIA direct loans for Rural Projects where the subsidy cost of such loans is funded out of amounts set aside from the TIFIA Program's annual budget authority specifically for such reduced interest rate loans.
The Office of Credit Programs administers the majority of the Department's credit programs that provide direct loans, loan guarantees, or lines of credit to support the construction of transportation projects and infrastPrograms administers the majority of the Department's credit programs that provide direct loans, loan guarantees, or lines of credit to support the construction of transportation projects and infrastprograms that provide direct loans, loan guarantees, or lines of credit to support the construction of transportation projects and infrastructure.
[36] The TIFIA Program may set aside up to 10 percent of its annual budget authority to fund the subsidy costs of TIFIA direct loans to Rural Projects at the reduced interest rate.
In addition to direct loans and loan guarantees, the TIFIA Program also offers lines of credit.
Although the Credit Programs provide long - term financing, the DOT does not intend that TIFIA or RRIF direct loans become part of a project's permanent capital structure where a strong revenue stream and vigorous project economics permit prepayment or substitution of the DOT credit instrument.
The Bureau Credit Program's secured (direct) loans, loan guarantees, and standby lines of credit [16] may offer more flexible repayment terms and more favorable interest rates compared to other lenders.
In Fiscal Year (FY) 1999, the Florida Department of Transportation (FDOT) and the Miami - Dade Aviation Department (MDAD) were approved for a two - tranche Transportation Infrastructure Finance and Innovation Act of 1998 (TIFIA) direct loan for the $ 2.0 billion Miami International Center (MIC) project, a multiyear program of ground access improvements to and within Miami International Airport (MIA).
The TIFIA established a Federal credit program for eligible transportation projects of national or regional significance under which the U.S. Department of Transportation (DOT) may provide 3 forms of credit assistance — secured (direct) loans, loan guarantees, and standby lines of credit.
The TIFIA established a Federal credit program for eligible transportation projects of national or regional significance under which the U.S. Department of Transportation (DOT) may provide three forms of credit assistance — secured (direct) loans, loan guarantees, and standby lines of credit.
Each Federal department and agency which is empowered to extend Federal financial assistance to any program or activity, by way of grant, loan, or contract other than a contract of insurance or guaranty, is authorized and directed to effectuate the provisions of section 601 with respect to such program or activity by issuing rules, regulations, or orders of general applicability which shall be consistent with achievement of the objectives of the statute authorizing the financial assistance in connection with which the action is taken.
Under the TIFIA program, the DOT provides secured direct loans, lines of credit, and loan guarantees to public and private applicants for eligible surface transportation projects.
(Sec. 11608) Authorizes DOT to enter into a master credit agreement (to make one or more direct loans or loan guarantees at future dates for a program of related projects secured by a common security pledge) contingent upon prior satisfaction of specified conditions.
«The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides «low - interest loans for students and parents to help pay for the cost of a student's education after high school.
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