The Armed Forces can help you manage your college debt with
special loan repayment programs for qualified students.
If you want to career in a health profession, or as a teacher, there are
special loan repayment programs and scholarships available for people who want to work in an under - served area.
Not exact matches
However, for most people borrowing Federal student
loans, that doesn't matter because they are trying to take advantage of the
special student
loan repayment programs or
loan forgiveness plans that come with Federal student
loans.
There are also
special programs to help you get out of default on federal
loans and get into an affordable
repayment plan.
Recipients of funds risk suspension from the
program if they make
special arrangements with any lender to put their
loan payments into deferment or forbearance, or to extend the
repayment period during the year the recipient is receiving funds, without the consent of the
program administrator.
For instance, if you have federal
loans that carry
special repayment benefits or forgiveness
programs, it might be best to explore federal
loan consolidation.
If an income - based
repayment plan is of interest to you, and you have existing federal
loans, you may prefer to keep those
loans to take advantage of
special government
programs such as income - based
repayment.