Sentences with phrase «options than federal loans»

Private loans generally have less generous terms, interest rates, and repayment options than federal loans.

Private student loans generally provide fewer options than federal loans when it comes to repayment.

Private student loans generally have higher interest rates and less flexible repayment options than federal loans.

Not exact matches

I knew the basics — federal loans are usually a cheaper and safer option than private ones since they tend to have lower interest rates and better borrower protections.

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.

Borrowings under the refinanced Term Loan bear interest at a rate equal to, at our option, either (a) LIBOR (not less than 1.0 %) plus 3.0 % per annum or (b) 2.0 % per annum plus the highest of (i) the Federal Funds Rate plus 0.5 %, (ii) the Prime Rate, or (iii) one - month LIBOR plus 1.0 %.

According to Sofi, «Alumni earn a compelling double bottom line return, students receive a lower loan rate than their private or federal options, and both sides benefit from the connections formed.»

In addition, private loans tend to offer fewer options for deferment and forbearance than federal loans.

And while federal loans come with their own set of challenges and risks, all 1.37 million private loan borrowers are often subject to fewer protections and less flexible repayment plans than those offered under federal loan agreements.Less accommodating repayment options and more rigid terms can quickly lead to private student loan defaults, which is a dangerous financial place to be.

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.

Borrowings under the refinanced Credit Facility bear interest at a rate equal to, at our option, either (a) LIBOR (not less than 1.0 % for the Term Loan only) plus 3.75 % per annum or (b) 2.75 % per annum plus the highest of (i) the Federal Funds Rate plus 0.5 %, (ii) the Prime Rate, or (iii) one - month LIBOR plus 1.0 %.

The interest rate was revised such that borrowings under the refinanced Term Loan bear interest at a rate equal to, at our option, either (a) LIBOR (not less than 1.0 %) plus 3.0 % per annum or (b) 2.0 % per annum plus the highest of (i) the Federal Funds Rate plus 0.5 %, (ii) the Prime Rate, or (iii) one - month LIBOR plus 1.0 %.

In addition, since your ability to obtain a private loan depends largely on a student's (and often their parents») creditworthiness, interest rates can vary quite a bit and can potentially be significantly higher than those available through one of the federal options we discussed earlier.

If you took out federal student loans rather than private student loans, then you've set yourself up nicely to have the best repayment options available.

An FHA home loan is a mortgage insured by the Federal Housing Administration that can be a great option for buyers who wish to put down less than 20 %.

All available rates and fees are lower than the Federal Direct PLUS Loan, and are based on one of three repayment options you can choose from to meet your needs.

If the FAFSA isn't filed, your only loan options for the next academic year will be in the private sector — which typically come with much higher interest rates than federal student loans.

In general, federal student loan interest rates represent a lower - cost option than other lending vehicles, like private student loans, because they range from 4.45 % to 7 %.

If an applicant is highly qualified for a lower interest rate than federal loan offers, then Sallie Mae could be a good choice to review for students who need to cover the overall cost of attendance, especially if all federal aid options have been exhausted.

Because they have fewer options than other federal loan borrowers, too many end up in default in many cases.

At present, parent PLUS borrowers already have fewer income - driven repayment options than other federal student loan borrowers.

Federal Housing Administration loans feature lower down payments and closing costs as well as more flexible credit criteria than private lenders offer, which makes them attractive options for people with less - than - stellar credit.

The repayment options are less flexible than federal student loans (no income - based repayment options available), but the loan term can be extended beyond the standard 10 - year term.

Too many end up in default in many cases because they have fewer options than other federal loan borrowers.

For both fixed and adjustable rate HECM loan options, the mortgage insurance issued by the Federal Housing Administration (FHA) 3 protects borrowers from ever having to repay more than what their house is worth.

When the question of student loans comes up, surprise your audience with word that, in most cases, federal student loans provide better interest rates and more repayment options than anything private lenders offer.

Also, if you have a federal loan, the only option of refinancing is through a private lender, who are much more complex than the federal government.

Although the Federal Housing Administration has gone through several updates in the last year, many still assume that FHA home loans must cost more than other conventional mortgage options.

Federal loans also tend to come with more lenient deferment and forbearance options than private loans.

The Know Before You Owe Act of 2012 would empower students to exhaust their Federal financial aid options, which are more reasonable than the terms of private loans.

Loans made by the federal government, called federal student loans, usually offer borrowers lower interest rates and have more flexible repayment options than loans from banks or other private souLoans made by the federal government, called federal student loans, usually offer borrowers lower interest rates and have more flexible repayment options than loans from banks or other private souloans, usually offer borrowers lower interest rates and have more flexible repayment options than loans from banks or other private souloans from banks or other private sources.

These are always better options than taking out federal student loans and private student loans.

The big advantage of a federal loan is that the rate remains fixed, and the interest rate is generally (though not always) lower than privately offered options.

Alumni earn a compelling double bottom line return, students receive a lower loan rate than their private or federal options, and both sides benefit from the connections formed.»

Roughly one - fifth of graduates» debt (19 percent) was in private loans, which are generally more costly and provide far fewer consumer protections and repayment options than federal student loans, TICAS reports.

The next benefit is that the interest rate for a Perkins Loan is only five percent, which is lower than other federal student loan options, like the Stafford Loan, Parent PLUS Loan, and Grad PLUS LLoan is only five percent, which is lower than other federal student loan options, like the Stafford Loan, Parent PLUS Loan, and Grad PLUS Lloan options, like the Stafford Loan, Parent PLUS Loan, and Grad PLUS LLoan, Parent PLUS Loan, and Grad PLUS LLoan, and Grad PLUS LoanLoan.

When it comes to repayment after graduation, many private student loan lenders will offer payment assistance if it's needed, but the available options are more limited than federal loans.

And while federal loans come with their own set of challenges and risks, all 1.37 million private loan borrowers are often subject to fewer protections and less flexible repayment plans than those offered under federal loan agreements.Less accommodating repayment options and more rigid terms can quickly lead to private student loan defaults, which is a dangerous financial place to be.

Borrowers with defaulted federal student loans have two options other than paying the loans in full to get their loans out of default: rehabilitation and consolidation.

If you're going to school but don't qualify for federal loans, or if you've exhausted all of the financial aid the government offers, there are safer options than using a credit card to pay for tuition.

If you have federal student loans and want to keep their protections, you may have options other than refinancing to lower your interest rates, so explore those first.

You'll notice these interest rates are significantly higher than the federal student loan options.

When those rates are lower than those available from federal student loans, private loans are a less expensive option.

When you combine interest rates and loan fees, all College Family Loan options are less expensive than the Federal Direct PLUS Lloan fees, all College Family Loan options are less expensive than the Federal Direct PLUS LLoan options are less expensive than the Federal Direct PLUS LoanLoan.

All available rates and fees are lower than the Federal Direct PLUS Loan, and are based on one of three repayment options you can choose from to meet your needs.

Private student loans may have lower interest rates than federal student loans, but they do not always offer benefits like income - based repayment, forbearance options, or forgiveness for eligible borrowers.

These loans tend to have fewer protections than federal student loans, which is why many consider them to be an option of last resort.

You could save more than $ 20,000 over the life of your loan compared to federal student loan options.2 That's an extra $ 173 in your pocket every single month.

Although law school is expensive and most law students graduate with significant student loan debt, reducing the costs that are within your control, choosing federal over private loans, and understanding your repayment options will go a long way toward successfully managing your debt.Ideally, your total debt would be less than

For both fixed and adjustable rate HECM loan options, the mortgage insurance issued by the Federal Housing Administration (FHA) 3 protects borrowers from ever having to repay more than what their house is worth.