Sentences with phrase «on certain federal loans»

Those with a higher income who want to pay off their loans as quickly as possible may be able to use a private consolidation loan to reduce the amount of interest paid on certain federal loans.

Not exact matches

A loan based on financial need for which the federal government generally pays the interest that accrues while the borrower is in an in - school, grace, or deferment status, and during certain period...
Down payment of 10 percent and high mortgage smount: Advantage piggyback Mortgage insurance (both flavors) is only available on loans that stay below certain federal limits.
Borrowings under our credit facility bear interest at a per annum rate equal to, at our option, either (a) for LIBOR loans, LIBOR (but not less than 1.0 %) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, LIBOR (but not less than 1.0 %) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeLoans, depending on our leverage ratio and on certain factors relating to this offering.
If you're repaying federal loans through Great Lakes, on the other hand, you'll have access to federal income - based repayment options including Revised Pay As You Earn (REPAYE), Pay As You Earn (PAYE), Income - Based Repayment (IBR), Income - Contingent Repayment (ICR), as well as federal loan consolidation, deferment, and forbearance in certain cases.
Borrowings under our credit facility bear interest at a per annum rate equal to, at our option, either (a) for LIBOR loans, LIBOR (but not less than 1.0 % for the term loan only) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, LIBOR (but not less than 1.0 % for the term loan only) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeLoans, depending on our leverage ratio and on certain factors relating to this offering.
Speaking on the ease of accessing loans and other facilities, Osinbajo said that the federal government was well aware of the hardship faced by business men in doing their business, and has taken steps to make certain facilities easier to access.
A loan based on financial need for which the federal government generally pays the interest that accrues while the borrower is in an in - school, grace, or deferment status, and during certain period...
However, you may be eligible to have all or a portion of your Federal Perkins Loan canceled (based on your employment or volunteer service) or discharged (under certain conditions).
During deferment, interest will also accrue but the main difference here is that government will be responsible for the payment of the accrued interest on certain types of federal student loans.
On your federal tax return, the interest you pay on loans can be deductible up to $ 2,500 or the amount you paid, whichever is lower, provided you meet certain qualificationOn your federal tax return, the interest you pay on loans can be deductible up to $ 2,500 or the amount you paid, whichever is lower, provided you meet certain qualificationon loans can be deductible up to $ 2,500 or the amount you paid, whichever is lower, provided you meet certain qualifications.
If you're repaying federal loans through Great Lakes, on the other hand, you'll have access to federal income - based repayment options including Revised Pay As You Earn (REPAYE), Pay As You Earn (PAYE), Income - Based Repayment (IBR), Income - Contingent Repayment (ICR), as well as federal loan consolidation, deferment, and forbearance in certain cases.
A loan based on financial need for which the federal government generally pays the interest that accrues while the borrower is in an in - school, grace, or deferment status, and during certain periods of repayment under certain income - driven repayment plans.
When it comes to federal student loans or state government student loans, you'll find that your debt can be reduced just by applying for jobs on certain areas designated by government agencies where the administration has special interest in satisfying specific needs.
With federal loans, there are plans based on income and also forgiveness programs for borrowers meeting eligibility criteria, such as working in certain public service jobs or teaching in certain schools or educational service agencies serving low - income families.
For some qualified borrowers, student loan refinance or federal student loan consolidation can be a viable solution to lower monthly payments or even reduce the interest rate on certain loans.
Standard repayment for federal student loans typically calls for fixed monthly payments over a certain number of years depending on what your loan amount is.
Federal student loans may be eligible for certain forgiveness programs depending on your profession.
By working in certain high - need areas or careers, you may be able to qualify for three different types of forgiveness on your federal student loans.
For example, working at a non-profit organization or at certain income levels may put you on a different repayment track for federal loans.
Under this program, federal student loan borrowers may qualify for forgiveness of the remaining balance of their Federal Direct Loans after making 120 qualifying payments on those loans while employed full - time by certain public service empfederal student loan borrowers may qualify for forgiveness of the remaining balance of their Federal Direct Loans after making 120 qualifying payments on those loans while employed full - time by certain public service empFederal Direct Loans after making 120 qualifying payments on those loans while employed full - time by certain public service emploLoans after making 120 qualifying payments on those loans while employed full - time by certain public service emploloans while employed full - time by certain public service employers.
Looking at the evidence, it's clear we're overdue for stronger guardrails on how federal aid can be used, including restoring limits on credit, eliminating certain types of loans, strengthening institutional and program - level accountability rules in general, and applying those rules to institutions based on graduate and parent loan outcomes.
Deferral or Forbearance: A postponement of payment on a loan that is allowed under certain conditions and during which interest does not accrue on Direct Subsidized Loans, Subsidized Federal Stafford Loans, and Federal Perkins Loans.
A postponement of payment on a loan that is allowed under certain conditions and during which interest does not accrue on Direct Subsidized Loans, Subsidized Federal Stafford Loans, and Federal Perkins Loans.
This is insurance that is required on certain loans, such as mortgages offered by the U.S. Federal Housing Administration (FHA), to protect the lender against the risk that the borrower will default.
The federal government covers interest on subsidized federal loans while the student is in school and at certain other times; all other interest is the responsibility of the borrower.
The prime rate tends to move in lock step with the federal funds rate and so affects the rates on certain products like Home Equity Lines of Credit (HELOCs), residential construction loans, some credit cards and things like business loans.
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.
The Federal Reserve raised interest rates last month and it's starting to increase the rates borrowers pay on certain loans, including student loans.While borrowers in a fixed rate student loan don't have to worry about the cost of borrowing getting more expensive, those with a variable rate loan do.
A loan based on financial need for which the federal government generally pays the interest that accrues while the borrower is in an in - school, grace, or deferment status, and during certain period...
Depending on your profession, the federal government may even forgive the loans if certain conditions are met.
Tax Advantages of Boat Ownership: When certain conditions are met, the interest on boat loans can be deducted on your federal (and some state) income taxes.
Under this program, if you teach full - time for five complete and consecutive academic years in certain elementary and secondary schools and educational service agencies that serve low - income families, and meet other qualifications, you may be eligible for forgiveness of up to a combined total of $ 17,500 on your Direct Subsidized and Unsubsidized Loans and your Subsidized and Unsubsidized Federal Stafford Loans.
* Under this program, borrowers may qualify for forgiveness of the remaining balance due on their eligible federal student loans after they have made 120 payments on those loans under certain repayment plans while employed full time by certain public service employers.
While federal loans are rather forgiving, utilizing programs based on income - driven repayment or even forgiving the loan after a certain time period is not the same for private loans.
Those regulations were set to be implemented on July 1, 2017 and expanded the federal student loan forgiveness program to certain cases were for - profit colleges had defrauded students.
responsible for paying the interest that accrues on certain loan types such as Direct Subsidized Loans and Federal Perkins Loans.
During deferment, you are generally not responsible for paying the interest that accrues on certain loan types such as Direct Subsidized Loans and Federal Perkins Loans.
If you're certain you want to use the PSLF program and you're planning on working at an eligible employer for at least 10 years, you should also compare your federal loan repayment plan options.
The home buyers course provides the certification required to qualify and close on certain housing loans, including federal mortgages programs for those buying a house for the first time.
Under this program, you may qualify for forgiveness of the remaining balance due on your William D. Ford Federal Direct Loan Program (Direct Loan Program) loans after you have made 120 qualifying payments on those loans while employed full - time by certain public service employers.
A temporary postponement of payment on a loan that is allowed under certain conditions and during which interest generally does not accrue on Direct Subsidized Loans, the subsidized portion of Direct Consolidation Loans, Subsidized Federal Stafford Loans, the subsidized portion of FFEL Consolidation Loans, and Federal Perkins Loans.
Although some forms of financial aid (such as scholarships and certain grants) award monetary support without requiring repayment, the bulk of today's students rely on federal or private loans to finance their education.
On December 12, 2013, The Federal Reserve Board, along with five other federal regulatory agencies, issued a final rule to exempt a subset of higher priced mortgage loans (HPML) from certain appraisal requirFederal Reserve Board, along with five other federal regulatory agencies, issued a final rule to exempt a subset of higher priced mortgage loans (HPML) from certain appraisal requirfederal regulatory agencies, issued a final rule to exempt a subset of higher priced mortgage loans (HPML) from certain appraisal requirements.
The first set of amendments, proposed in April 2013 and published on July 24, 2013, clarify, correct, or amend provisions on the relation to State law of Regulation X's servicing provisions; implementation dates for adjustable rate mortgage servicing; exclusions from requirements on higher - priced mortgage loans; the small servicer exemption from certain servicing rules; the use of government - sponsored enterprise and Federal agency purchase, guarantee or insurance eligibility for determining qualified mortgage status; and the determination of debt and income for purposes of originating qualified mortgages.
Federal tax rules may limit who can take certain deductions based on income, or restrict deductions based on mortgage loan limits.
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