Sentences with phrase «subsidized loans because»

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?

Not exact matches

Direct Subsidized Loans are one of the best options for borrowers because you get a break on interest charges.

Deferment is a better option than forbearance because interest does not accrue, as long as your loans are subsidized; that can save you money when it comes time to start making payments again.

Truth is, deferment is way better than forbearance because if you qualify, the federal government will pay for the subsidized loan interests during the deferment period.

Student loan deferment is usually better than forbearance because you won't be charged interest on your federal subsidized loans (you will still be charged interest on federal unsubsidized and private student loans) while they're in deferment.

The Perkins Loan is the best student loan available because it is a subsidized loan, there are no origination or default fees, and the interest rate is 5 percLoan is the best student loan available because it is a subsidized loan, there are no origination or default fees, and the interest rate is 5 percloan available because it is a subsidized loan, there are no origination or default fees, and the interest rate is 5 percloan, there are no origination or default fees, and the interest rate is 5 percent.

Because you actually have a grace period, I assume these are Federally subsidized loans.

Because of this, you'll want to separate your loans into two groups — subsidized and unsubsidized — and then prioritize paying off the unsubsidized loans first.

Subsidized Stafford loans are the most desirable student loans because the government pays the interest on your loan while you're in school, during the six - month grace period after school and during a period of deferment if you are having financial trouble after graduation.

That's a big mistake, because the difference between subsidized and unsubsidized loans can cost you thousands of extra dollars in interest as you pay off your student loans.

Because subsidized federal student loans are the loans that are most forgiving to borrowers, they are the ones that you should keep the longest.

Because the government does not subsidize private student loans, the rates and terms are not regulated the way they are for federal loans, which makes private loans more risky and expensive.

This does not violate privacy, because subsidized loans are voluntary.

FinAid does not recommend consolidating a Perkins Loan while the borrower is still in school, because the borrower then loses the subsidized interest and the 9 month grace period.

I'm going to keep paying all my unsubsidized loans because they are still accruing interest (even though I'm not required to), but I'm leaving the subsidized ones alone.

This is an extremely useful option particularly for subsidized Stafford loans, because interest does not accrue on those loans during the deferment period.

Because of the low fixed rates and repayment assistance programs that are available, it's generally best for students to exhaust their federal Direct Unsubsidized and Subsidized Loans before considering private student lLoans before considering private student loansloans.

People do silly things like refuse to take interest free (or heavily subsidized) loans from their parents because of things like «pride», even though taking a loan like that can potentially save them thousands in interest.

Because these loans are not subsidized, the interest on these loans accrues while you are in school.

This is because both the subsidized rates and flexible benefits from federal loans almost always outweigh the benefits offered by private lenders.

Because your student loans will continue to accrue interest during deferment (again, unless you have subsidized federal student loans) or forbearance, this is generally not recommended.

Certain consumers with subsidized loans end up paying a heavy price because they could have potentially avoided those interest charges.

Interest won't accrue on your subsidized loans, because the government will pay the interest on these for you.

But because of the deferments and the loans being not subsidized, interests accrued have been more than the payments I have made.

My original loans were all subsidized but because I consolidated them around 1993 (there was some law that came into effect right afterward to protect borrowers who had subsidized loans) they still accrue interest.

I want to get into unsubsidized versus subsidized student loans because understanding the differences is so important.

In this case, the dealer is not making money, and, because the automakers subsidize the loans to help dealers move cars that aren't selling, the automakers are losing money.

Subsidized loans, available to students who have a demonstrated financial need, generally have more favorable terms because, currently, the U.S. Department of Education pays the interest on the loan while the student is in school and for the first six months after.

The loan is said to be «subsidized» because the U.S. DOE pays the interest on the loan while the student is still in school at least half - time, during the student's grace period, and during deferment.

[10] Lawyers may not subsidize lawsuits or administrative proceedings brought on behalf of their clients, including making or guaranteeing loans to their clients for living expenses, because to do so would encourage clients to pursue lawsuits that might not otherwise be brought and because such assistance gives lawyers too great a financial stake in the litigation.