Sentences with phrase «receive subsidized loans»

Why we like it: If you are eligible to receive subsidized loans, take them without thinking twice.

For example, if you're borrowing money for the first time, you can't receive subsidized loans for longer than 150 % of the length of your educational program.

That means if you're enrolled in a four - year course, you can only receive subsidized loans for six years.

For loans made for periods of enrollment beginning on or after July 1, 2012, graduate and professional students are no longer be eligible to receive subsidized loans.

For instance, if you are enrolled in a four - year degree program, the maximum period for which you can receive subsidized loans is six years (150 percent of four years = six years).

* As of July 1, 2012, graduate or professional students are no longer eligible to receive subsidized loans.

For loans made for periods of enrollment beginning on or after July 1, 2012, graduate and professional students will no longer be eligible to receive subsidized loans.

Only students whose FAFSA shows financial need can receive subsidized loans, which don't charge interest while still in school.

To be sure, some of these students received subsidized loans that they may have needed to fully repay, or grants and scholarships that only partially covered tuition.

The above notwithstanding, if you received your subsidized loan between July 1, 2012 and July 1, 2014, you will be responsible for the payment of any interest that accrued on your loan during the six months grace period.

If you receive a subsidized loan of only $ 1,000, this leaves $ 4,500 that you can borrow in the form of an unsubsidized loan.

Those with exceptional financial need who receive a subsidized loan and take advantage of the income - based repayment plan may find that their education costs are easy to manage after graduation.

If your family contribution is determined to be too low to cover the costs of your education, you may be eligible for receiving a subsidized loan.

Comments: Some commenters disagreed with the Department's proposal to apply the interest rate on Federal Direct Unsubsidized Loans, arguing that this approach would not account for whether students were undergraduate or graduate students, or for the percentage of students who received Subsidized Loans instead of Unsubsidized Loans.

The amount you can borrow is based on which year of study you are in, whether you are a dependent or independent student, and if you are receiving subsidized loans, unsubsidized loans or both.

Not exact matches

Students enrolled at non-participating institutions, or those enrolled in participating institutions who are above the income threshold for gratuidad, can still apply for government scholarships and receive a government - backed subsidized loan.

The incremental change in student aid for low - income students who received scholarships and heavily subsidized loans prior to gratuidad is arguably small, and upper - income students still must pay tuition.

These loans are unique in that instead of making payments to the lender, borrowers receive money from the lender that helps them subsidize their retirement savings.

The amount of subsidized loan a student may receive is determined by the school he is attending, and on the student's other financial aids, expected family contribution, and cost of attendance.

For example, if a borrower requests a $ 10,000 Federal Subsidized Loan with a 1.069 % origination fee, $ 106.90 will be deducted from the loan amount and $ 9,893.10 will be received by the borroLoan with a 1.069 % origination fee, $ 106.90 will be deducted from the loan amount and $ 9,893.10 will be received by the borroloan amount and $ 9,893.10 will be received by the borrower.

Students can not receive Subsidized Direct Loans for more than 150 % of the length of their program.

You can receive a Direct Subsidized Loan if you have financial need as determined by the results of your FAFSA.

Any new Direct Subsidized Loans or Direct Unsubsidized Loans you receive won't enter repayment until the end of the six - month grace period after you leave school.

Something important to note: if you received your first disbursement of a Subsidized Loan in the period beginning July 1 2012 to July 1 2014, you will be responsible for paying the interest that is accrued during the grace period.

Both the subsidized and unsubsidized Stafford carry fees that reduce the loan amount received and the dollars applied to appropriate educational expenses.

So if you were lucky you received some subsidized or unsubsidized loans from the Federal Government.

Whether you receive Direct Subsidized Loans or Direct Unsubsidized Loans, or both, it is important to understand the differences between the loans as well as the criteria of Loans or Direct Unsubsidized Loans, or both, it is important to understand the differences between the loans as well as the criteria of Loans, or both, it is important to understand the differences between the loans as well as the criteria of loans as well as the criteria of both.

You may receive up to $ 17,500 in forgiveness on your unsubsidized and direct subsidized loan upon qualifying.

There also are limits on the amount in subsidized and unsubsidized loans you may be eligible to receive each academic year (annual loan limits) and the total amounts you may borrow for undergraduate and graduate study (aggregate loan limits).

However, if you transfer credits toward the completion of a comparable program at another institution and do not receive a closed school loan discharge of the loans attributable to your closed school's program of study, those loans will continue to count toward your 150 - percent subsidized loan usage period and your annual and aggregate loan limits.

Learn more about the maximum period of time you are eligible to receive Direct Subsidized Loans.

If you apply for and receive a closed school loan discharge, the discharged loan will no longer count against your 150 - percent subsidized loan usage period or your annual and aggregate loan limits.

However, subsidized loans are limited both in the amount you can borrow per year and by the number of academic years you can receive them.

If you are a student who has received subsidized, unsubsidized, or PLUS loans under the Direct Loan Program or the Federal Family Education Loan (FFEL) Program *, you must complete exit counseling.

While the interest rate increase may only affect people receiving federally - subsidized student loans, the exception of student loans from discharge in bankruptcy affects all student loan debtors.

Subsidized Stafford loans enable need - based college students to receive subsidized interest rate payments, which means the loan does not increase in value while the student is Subsidized Stafford loans enable need - based college students to receive subsidized interest rate payments, which means the loan does not increase in value while the student is subsidized interest rate payments, which means the loan does not increase in value while the student is in school.

Under current law, only students with an expected family contribution (EFC)-- the amount that the federal government expects a family to pay toward the student's postsecondary education expenses — of less than about $ 5,200 are eligible for a Pell grant, whereas recipients of subsidized loans may have a larger EFC, as long as it is less than their estimated tuition, room, board, and other costs of attendance not covered by other aid received.

Loan amounts range from $ 5,500 up to $ 20,500, less any subsidized amounts received for same period, depending on grade level and dependency status.

Undergraduate borrowers who can demonstrate financial need could receive a federal subsidized loan, meaning the government pays the interest until you graduate.

A credit check is not required for you to receive a Direct Subsidized or Direct Unsubsidized Loan.

«Eliminating subsidized loans would increase the cost of college by thousands of dollars for many of the six million undergraduates who receive those loans each year,» according to the blog run by the Institute for College Access and Success (TICAS), a non-profit higher education advocacy group.

Some of the benefits student loan borrowers in an income - driven repayment plan receive (lower payments and potential forgiveness) are essentially subsidized by taxpayers.

With the administration's latest move, students may no longer be able to receive subsidized student loans, such as the Federal Perkins loans.

For example, if you are enrolled in a four - year bachelor's degree program, the maximum period for which you can receive Direct Subsidized Loans is six years (150 percent of 4 years = 6 years).

I transferred into the shorter program and lost eligibility for Direct Subsidized Loans because I have received Direct Subsidized Loans for a period that equals or exceeds my new, lower maximum eligibility period, which is based on the length of the new program?

However, there are limits on the amount in subsidized and unsubsidized loans that you may be eligible to receive each academic year (annual loan limits) and the total amounts that you may borrow for undergraduate and graduate study (aggregate loan limits).

If you are enrolled in a two - year associate degree program, the maximum period for which you can receive Direct Subsidized Loans is three years (150 percent of 2 years = 3 years).

Students may be eligible to receive subsidized and unsubsidized loans based on their financial need.

Also, if you receive Direct Subsidized Loans for one program and then change to another program, the Direct Subsidized Loans you received for the earlier program will generally count toward your new maximum eligibility period.

If this limit applies to you, you may not receive Direct Subsidized Loans for more than 150 percent of the published length of your program.