You may qualify for a Grace Forbearance if you want to align payments for
a qualifying Federal Consolidation Loan or a Federal Grad PLUS Loan with other federal loans that have a six - month grace period or post-enrollment period.
Not exact matches
Nearly all
federal student
loans are eligible for
consolidation, and borrowers do not have to provide evidence of a strong credit history to
qualify.
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.
If you have
federal student
loans and a) have too many different payments to keep track off or b) would like to
qualify for different repayment plans like income - driven repayment or Public Service
Loan Forgiveness,
consolidation might be a good idea!
In order to
qualify for PAYE, you need to have borrowed your first
federal student
loan after October 1, 2007, and you need to have borrowed a Direct Loan or a Direct Consolidation Loan after October 1, 2
loan after October 1, 2007, and you need to have borrowed a Direct
Loan or a Direct Consolidation Loan after October 1, 2
Loan or a Direct
Consolidation Loan after October 1, 2
Loan after October 1, 2011.
If you have several types of
federal loans, you can consolidate them into a Direct
Consolidation Loan so they'll qualify — but your prior loan payments won't co
Loan so they'll
qualify — but your prior
loan payments won't co
loan payments won't count.
Loans that can qualify if they are consolidated include Direct PLUS loans made to parents; subsidized and unsubsidized Stafford loans; FFEL PLUS Loans; FFEL PLUS loans for parents; Federal Perkins loans and FFEL consolidation l
Loans that can
qualify if they are consolidated include Direct PLUS
loans made to parents; subsidized and unsubsidized Stafford loans; FFEL PLUS Loans; FFEL PLUS loans for parents; Federal Perkins loans and FFEL consolidation l
loans made to parents; subsidized and unsubsidized Stafford
loans; FFEL PLUS Loans; FFEL PLUS loans for parents; Federal Perkins loans and FFEL consolidation l
loans; FFEL PLUS
Loans; FFEL PLUS loans for parents; Federal Perkins loans and FFEL consolidation l
Loans; FFEL PLUS
loans for parents; Federal Perkins loans and FFEL consolidation l
loans for parents;
Federal Perkins
loans and FFEL consolidation l
loans and FFEL
consolidation loansloans.
If you find yourself unable to pay the minimum payment on your student
loans, first check to see if you qualify for a deferment on any Federal Stafford, Federal Grad PLUS, or Federal Consolidation L
loans, first check to see if you
qualify for a deferment on any
Federal Stafford,
Federal Grad PLUS, or
Federal Consolidation LoansLoans.
Borrowers who have
Federal Direct
Consolidation Loans are also able to
qualify for PSLF (Public Service
Loan Forgiveness).
Nearly all
federal student
loans are eligible for
consolidation, and borrowers do not have to provide evidence of a strong credit history to
qualify.
Typically, both will review the types of
loans that you want to include to ensure that all are
qualified to be included in a
federal student
loan consolidation or private student
loan consolidation.
If you have
federal student
loans and a) have too many different payments to keep track off or b) would like to
qualify for different repayment plans like income - driven repayment or Public Service
Loan Forgiveness,
consolidation might be a good idea!
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.
Can my and my spouse's joint
consolidation loan from the Federal Family Education Loan (FFEL) Program be consolidated into a Direct Consolidation Loan so that one or both of us can qual
consolidation loan from the Federal Family Education Loan (FFEL) Program be consolidated into a Direct Consolidation Loan so that one or both of us can qualify for P
loan from the
Federal Family Education
Loan (FFEL) Program be consolidated into a Direct Consolidation Loan so that one or both of us can qualify for P
Loan (FFEL) Program be consolidated into a Direct
Consolidation Loan so that one or both of us can qual
Consolidation Loan so that one or both of us can qualify for P
Loan so that one or both of us can
qualify for PSLF?
For this reason, if you've made
qualifying PSLF payments on your Direct
Loans and you're thinking of consolidating those loans into a Direct Consolidation Loan along with loans you received under other federal student loan programs, you should leave your Direct Loans out of the consolidation and consolidate only your loans from other federal student loan prog
Loans and you're thinking of consolidating those
loans into a Direct Consolidation Loan along with loans you received under other federal student loan programs, you should leave your Direct Loans out of the consolidation and consolidate only your loans from other federal student loan prog
loans into a Direct
Consolidation Loan along with loans you received under other federal student loan programs, you should leave your Direct Loans out of the consolidation and consolidate only your loans from other federal student l
Consolidation Loan along with loans you received under other federal student loan programs, you should leave your Direct Loans out of the consolidation and consolidate only your loans from other federal student loan progr
Loan along with
loans you received under other federal student loan programs, you should leave your Direct Loans out of the consolidation and consolidate only your loans from other federal student loan prog
loans you received under other
federal student
loan programs, you should leave your Direct Loans out of the consolidation and consolidate only your loans from other federal student loan progr
loan programs, you should leave your Direct
Loans out of the consolidation and consolidate only your loans from other federal student loan prog
Loans out of the
consolidation and consolidate only your loans from other federal student l
consolidation and consolidate only your
loans from other federal student loan prog
loans from other
federal student
loan progr
loan programs.
Federal consolidation is required for some borrowers to qualify for a number of federal loan repayment o
Federal consolidation is required for some borrowers to
qualify for a number of
federal loan repayment o
federal loan repayment options.
Those who have borrowed from the
Federal Family Education Loan Program, as an example, are required to consolidate their loans into a federal Direct Consolidation Loan in order to qualify for some income - driven repayment plans, or for Public Student Loan Forgi
Federal Family Education
Loan Program, as an example, are required to consolidate their
loans into a
federal Direct Consolidation Loan in order to qualify for some income - driven repayment plans, or for Public Student Loan Forgi
federal Direct
Consolidation Loan in order to
qualify for some income - driven repayment plans, or for Public Student
Loan Forgiveness.
The results will tell you if you
qualify for
loans from the William D. Ford Federal Direct Loan Program that includes Direct Subsidized Loans, Direct Unsubsidized Loans, Direct PLUS Loans and Direct Consolidation L
loans from the William D. Ford
Federal Direct
Loan Program that includes Direct Subsidized
Loans, Direct Unsubsidized Loans, Direct PLUS Loans and Direct Consolidation L
Loans, Direct Unsubsidized
Loans, Direct PLUS Loans and Direct Consolidation L
Loans, Direct PLUS
Loans and Direct Consolidation L
Loans and Direct
Consolidation LoansLoans.
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.
All types of
federal loans consolidated into a Direct
Consolidation Loan qualify for forgiveness.
When applying for a
federal consolidation loan, you must be aware that private
loans have much stricter terms and do not
qualify for
federal consolidation.
Also, other
federal loans can
qualify if they are consolidated into a Direct
Consolidation Loan.
Although a
Federal Direct
Consolidation Loan does not normally qualify to bypass the single holder rule, the consolidation loan in this case was made under the authority of 428C (b)(5) and so qualifies as being received «under this se
Consolidation Loan does not normally qualify to bypass the single holder rule, the consolidation loan in this case was made under the authority of 428C (b)(5) and so qualifies as being received «under this section&raq
Loan does not normally
qualify to bypass the single holder rule, the
consolidation loan in this case was made under the authority of 428C (b)(5) and so qualifies as being received «under this se
consolidation loan in this case was made under the authority of 428C (b)(5) and so qualifies as being received «under this section&raq
loan in this case was made under the authority of 428C (b)(5) and so
qualifies as being received «under this section».
Note that you must have at least one FFEL or Direct
Loan to qualify for federal loan consolidat
Loan to
qualify for
federal loan consolidat
loan consolidation.
For example, if you hold
Federal Family Education (FFEL)
loans and need to
qualify for Public Service
Loan Forgiveness, they'll be able to assist you in the
consolidation of said
loans.
Private student
loan refinancing will also have different qualifications than
federal consolidation, and not everyone can
qualify.
With
federal loan consolidation (only to be used with existing
federal loans) you may
qualify for additional repayment and forgiveness options, but you won't get a lower interest rate.
Federal student
loan consolidation doesn't require a credit check, so even if you have bad credit you will
qualify.
With
federal student
loan consolidation, you may also
qualify for forbearance and deferment, which allows you to take a break should something happen financially and you can not make your payments at this time.
You can
qualify for PAYE or REPAYE with
Federal consolidation loans as long as none of the individual
loans are PLUS
loans made to parents.
An exception is that certain
loans in garnishment may be consolidated into a new
loan, but only if you
qualify for
Federal loan consolidation.
This option, however, is only available for
federal student
loans; those seeking to consolidate private student
loans or a mixture of
federal and private student
loans should use a private lender for
consolidation - an alternative to
federal consolidation that requires ample credit history and high income, yet can leave a
qualified borrower with a lower interest rate on a new
loan.
However, for many student
loan borrowers, private student
loan refinancing is not an easy option to
qualify for, so if you need to combine your
loans for any reason, a
federal consolidation loan is more attainable.
Private student
loan consolidation is an alternative to
federal consolidation, but it's only available to highly
qualified student borrowers.
Student
Loan Consolidation and Credit Problems You may qualify for federal student loan consolidation if you've missed making some payme
Loan Consolidation and Credit Problems You may qualify for federal student loan consolidation if you've missed making s
Consolidation and Credit Problems You may
qualify for
federal student
loan consolidation if you've missed making some payme
loan consolidation if you've missed making s
consolidation if you've missed making some payments.
Qualified education
loans include
federal education
loans such as the Perkins, Stafford, PLUS, or
Consolidation loans, but not private alternative
loans.
Federal loans must be in a grace period or repayment to qualify for federal consoli
Federal loans must be in a grace period or repayment to
qualify for
federal consoli
federal consolidation.
To
qualify for this program, you need to show that you have «partial financial hardship,» and you must have acquired your first
federal student loan after October 1, 2007; additionally, you must have acquired a Federal Direct Loan or Direct Consolidation Loan after October 1
federal student
loan after October 1, 2007; additionally, you must have acquired a Federal Direct Loan or Direct Consolidation Loan after October 1, 2
loan after October 1, 2007; additionally, you must have acquired a
Federal Direct Loan or Direct Consolidation Loan after October 1
Federal Direct
Loan or Direct Consolidation Loan after October 1, 2
Loan or Direct
Consolidation Loan after October 1, 2
Loan after October 1, 2011.