There's a lot to be said for consolidating all of your loans to lock in a single, fixed rate, and when you do so with a favorable lender like Education Loan Finance, you can consolidate all your loans (whereas
only federal loans can be consolidated into a Direct Consolidation Loan through the government, and there may be restrictions based on loan type and eligibility).
The Federal Student Loan Consolidation program similarly combines
only your federal loans into one payment, but it uses a weighted average of all of your interest rates, and it does not offer consolidation of any student loan debt obtained from a private lender.
Additionally, private student loan refinancing accommodates both private student loans and federal student loans while federal consolidation accepts
only federal loans.
Only federal loans apply.
Also, keep in mind that refinancing a federal student loan or parent loan may cause you to forfeit certain repayment or forgiveness benefits for which you may be eligible that
only federal loans offer.
Only the federal government forgives loans, so
only federal loans can be forgiven.
Only federal loans can be forgiven in this program.
While you can not consolidate federal and private student loans together into a Federal Direct Consolidation Loan — since
only federal loans are eligible for consolidation — you can refinance federal and private loans together.
Previously, the benefit was a $ 5,000 lump sum given to employees at their fifth anniversary with the firm and
only federal loans were eligible.
Only federal loans qualify for Pay As You Earn, Revised Pay As You Earn, income - contingent repayment and Public Service Loan Forgiveness.
Only federal loans qualify.
I stated it wasnt worth it to me to pay such a high fee for
only my federal loans, when the balance is only 12k (~ $ 60 / month), and my private loans are about 115k.
Only federal loans are eligible for this program.
Only federal loans are eligible for the closed school discharge described here.
Only federal loans are eligible for consolidation under the Direct Loan Consolidation program, whereas federal and private education loans are eligible for refinancing through Brazos.
While you can not consolidate federal and private student loans together into a Federal Direct Consolidation Loan — since
only federal loans are eligible for consolidation — you can refinance federal and private loans together.
It's also worth noting that although federal and private loans are eligible for student loan refinancing,
only federal loans are eligible for a Direct Consolidation Loan.
Since a private consolidation loan can be used to refinance both federal and private loans, private consolidation loans could be used to consolidate only private loans, federal and private loans, or
only federal loans — this means that there are several scenarios to consider.
Only Federal Loan Services work directly with the Department of Education and they are not a Fedaerl loan servicer.
Not exact matches
Federal consolidation loans can only be used for federal student loans, but private consolidation loans can be used for both federal and private student
Federal consolidation
loans can
only be used for
federal student loans, but private consolidation loans can be used for both federal and private student
federal student
loans, but private consolidation
loans can be used for both
federal and private student
federal and private student
loans.
Those who
only have
federal or
only have private can consolidate them with the corresponding type of
loan.
Only one in four borrowers (26 percent) knew that rates on
federal student
loans issued today are fixed for the life of the
loan.
Note: Since all
federal consolidation
loans come with a fixed interest rate, this section
only applies to those considering private consolidation
loans.
Only federal student
loans are eligible for income - driven repayment plans, not private student
loans.
Only federal student
loan borrowers may be eligible for
loan forgiveness.
Applicants can
only consolidate
federal loans, excluding private student
loans from the process.
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.
While it is advised that students
only seek private
loans after they've exhausted
federal options, the reality is many find themselves taking out private
loans when
federal loans become scarce.
Perkins
loans are
only offered through participating schools, and the college or university offering the
loan is the student's lender, not the
federal government.
At this time,
only federal direct
loans are eligible for PSLF, but a consolidation of other types of
loans may indirectly provide
loan forgiveness to some qualified borrowers.
This program
only applies to
federal loans, and
only if the borrower has made 120 monthly payments while working for the government or a qualified non-profit.
Income - driven repayment plans are
only available for
federal student
loans (except for
loans given to parents), and they reduce your monthly payment to a certain percentage of your income.
This is
only an option for
loans that are serviced through the
federal government.
All
federal loans are eligible for this program, but
only some private
loans can be included.
This program is
only available for certain types of
federal loans and it is not an option for private
loans.
This benefit
only applies to the
Federal Direct
Loans Program.
In fact, the
only way to discharge
federal student
loans through bankruptcy is to prove «undue hardship.»
There are various
federal loan programs that can be confusing, and paying those
federal loans back
only adds to the mix.
Current members of Navy
Federal Credit Union (NFCU) should consider a personal
loan from the credit union, especially if they
only have average or fair credit.
Federal student
loans don't come with a refinancing program; you can
only consolidate.
While Navy
Federal personal
loans are
only available to its members, we think the credit union is especially great for borrowers with average or fair credit.
There are four income - driven plans plus an income - sensitive plan that is available
only to low - income borrowers with
Federal Family Education
Loans.
While some programs require that people jump through hoops, borrowers
only have to meet one of four criteria to qualify for economic hardship deferment on
federal loans.
Navy
Federal Credit Union
only offers student
loans to borrowers who belong to its credit union.
The
federal government also offers some income - driven repayment plans, such as Pay As You Earn (PAYE) and Income - Based Repayment (IBR), but they
only apply to
federal student
loans.
In this situation, you may want to leave your existing Direct
Loans out of the consolidation and consolidate only your other federal student l
Loans out of the consolidation and consolidate
only your other
federal student
loansloans.
One example of this process, confusingly, might even be the United States in the 1920s, as Marriner Eccles (the brilliant
Federal Reserve chairman under then - president Franklin D. Roosevelt) explained endlessly to an uncomprehending elite: if all the chips at the poker table are held by the same few players, the
only way the rest can keep playing with them is to borrow chips, even though in the end they will not be able to repay the
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
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
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 pl
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 pl
loan will be eligible for is income - contingent repayment (ICR), the least generous of all IDR plans.
The
only way to consolidate
federal student
loans is through the
federal government, by using studentloans.gov, or by refinancing them through a private lender.