Sentences with phrase «type of federal loan»

Parent PLUS loans are slightly different than other types of federal loans.

If you end up with several different types of federal loans, you might find that keeping track of all of them can be confusing and overwhelming.

This program is only available for certain types of federal loans and it is not an option for private loans.

This is a common type of federal loan for students.

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 count.

For federal loans, every borrower taking out the same type of federal loan in a given year has the same interest rate.

For federal loans, every borrower taking out the same type of federal loan in a given year has the same interest rate.

Not all applicants will qualify for gift aid, but most applicants will be eligible for one or more types of federal loans.

Those rights can vary slightly depending on the exact type of federal loan, but in general, the rights and options are fairly consistent.

Parent PLUS loans are slightly different than other types of federal loans.

For borrowers with graduate or parent PLUS loans, or for borrowers with different types of federal loans, the process quickly gets complicated.

This program is only available for certain types of federal loans and it is not an option for private loans.

Also good advice — but keep in mind that there are several types of federal loans, and some are a better deal than others.

FedLoan Servicing services two main types of federal loan programs: FFELP and the William D. Ford Federal Direct Loan Program loans.

There are three types of federal loans available for graduate school: Direct Unsubsidized Loan; Direct PLUS Loan; and Federal Perkins Loan Program.

Each of the repayment plans listed above are available only to qualified borrowers depending on which type of Federal Loan they have:

Other types of federal loans include the Perkins loan; the parent PLUS loan, which is specifically geared toward parents of undergraduate students; and the graduate PLUS loan, which is specifically geared toward graduate students.

Perkins loans and other types of federal loans don't qualify for this program.

Only certain types of federal loans qualify, meaning that many borrowers need to restructure their debt to make it eligible — and the Education Department has done little to clarify gray areas, Ms. Abrams said.

With damaged credit you are also not eligible for other types of federal loans like VHA or VA..

Income Based Repayment (IBR) is a new repayment plan for the major types of federal loans made to students.

A complete list of RISLA's loan forgiveness programs can be found here, and additional information about the different types of federal loan forgiveness programs can be found at studentaid.ed.gov.

FedLoan Servicing services two main types of federal loan programs: FFELP and the William D. Ford Federal Direct Loan Program loans.

If you're not sure which type of federal loans you have, log in and check your record on StudentAid.gov.

There two more types of federal loans.

Fortunately, the most common types of federal loans to pay for undergraduate education — Stafford and Perkins loans — don't require a credit check, as stated in the Fox Business article.

While there are different types of federal loans, they often offer specific benefits over private loans, such as income - based repayment plans (which we will cover later) and fixed interest rates.

Federal student loan consolidation is offered by the government and is available for most types of federal loans:

Similar to other types of federal loans, Perkins Loans can be used to cover education - related expenses such as tuition, textbooks, and housing costs.

Another type of federal loan is the Perkins loan, which is need - based.

In order to choose the right plan to achieve that goal, first a borrower should eliminate from consideration any plans they are not eligible for, either because of the type of federal loans they have or because the time in which they first became borrowers makes them ineligible.

Under a forbearance, you are responsible for the interest fees on all types of federal loans, even subsidized ones.

Based on the type of federal loans you have, you might not have to pay interest during that time.

To identify the type of federal loan (s) you borrowed, you can either consult your university's financial aid office or retrieve a list of your federal loans from the National Student Loan Data System (NSLDS).

Students preparing to become teachers are eligible for four different types of federal loans.

There are two types of federal loans: subsidized and unsubsidized.

It does, however, have some rules and hoops to jump through depending on the type of federal loan you have.

There are two main types of federal loans.

Federal Perkins Loan - This type of federal loan is awarded to undergraduate and graduate students with exceptional financial need.

According to federal law, some types of federal loans must offer graduated or income - sensitive repayment options.

All types of federal loans consolidated into a Direct Consolidation Loan qualify for forgiveness.

Our table here shows the current interest rates on the available types of federal loans.

Other types of federal loans a borrower might have include the Parent PLUS loan, which is aimed at helping parents; the Perkins loan; and the graduate PLUS loan, which is designed to assist graduate students.

If you find you can get a decently better interest rate, it may be worth refinancing this type of federal loan.

In order to be considered for either types of these federal loans, you must be enrolled at least part - time in an accredited school that participates in the Direct Loan Program.

The other type of federal loan that is distributed by the U.S. Department of Education is Direct Unsubsidized Loans.