Not exact matches
If you can not afford to pay
off your loan in full, this is the fastest way to get out
of default and restore your eligibility for
federal student aid.
The US Department
of Education's decision to revisit the gainful employment regulations that would cut
off federal aid to career training programs where
students take on large debts relative to their income has been generally cheered by the right and criticized by the left.
Undocumented
students are counted as those who filed a special alternative financial
aid form instead of the traditional Free Application for Federal Student Aid (FAFSA), which is off limits to undocumented immigran
aid form instead
of the traditional Free Application for
Federal Student Aid (FAFSA), which is off limits to undocumented immigran
Aid (FAFSA), which is
off limits to undocumented immigrants.
If you've already got obligations to pay
off, the Department
of Education's
Federal Student Aid site provides a guide to various repayment options, including consolidation, deferment, forbearance and forgiveness.
If you have
federal work study as a part
of your financial
aid package, you should really use that money to pay as much
off of your
student loans as possible while you are in school.
This is certainly a monumental moment in the world
of financial
aid and
student lending as this final transaction marks the end
of an era in which banking institutions profited
off of the
federal student loan program.
Whether you take out
federal or private
student loans to supplement other
aid, you need to understand how each type
of loan you have works to successfully pay it
off.