Sentences with phrase «receive federal student loan forgiveness»
Not exact matches
You'll regain eligibility for benefits that were available on the loan before you defaulted, such as deferment, forbearance, a choice of repayment plans, and loan forgiveness, and you'll be eligible to receive federal student aid.
https://studentaid.ed.gov/
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.
Under this program, federal student loan borrowers may receive forgiveness of the remaining balance of their federal Direct Loans after making 120 payments while employed full - time by qualified public service employers.