You may be able to extend your service on a yearly basis until you no longer have
outstanding qualified student debts.
Not exact matches
Once your
student loans enter default, the entire
outstanding amount becomes payable immediately and you will lose your other privileges such as
student loan forbearance and deferment,
student loan forgiveness and you will not
qualify to receive new federal
student loans.
Students with prior outstanding student loans may qualify for deferment and / or forbearance provisions when these students are enrolled at least half - time in law
Students with prior
outstanding student loans may
qualify for deferment and / or forbearance provisions when these
students are enrolled at least half - time in law
students are enrolled at least half - time in law school.
Not everyone will
qualify to file Chapter 7 under the Bankruptcy Code's «means test» and certain types of debt can not be discharged or wiped out (such as most federally guaranteed
student loans, many taxes and any
outstanding family support obligations).
Outstanding student loan balances may infringe on your ability to
qualify for a home, auto, and other personal loans.
To
qualify for the extended program, you typically have to have over $ 30,000 in
outstanding student loan debt, and not be able to make payments under the standard repayment plan.
Now that you have graduated,
outstanding student loans could impact your ability to
qualify for home, auto and other personal loans.