To unlock federal student loans and federal student aid, you’ll need to fill out theFAFSA form. It’s free and opens in October each year. Fill it out the year before you plan to attend school and reapply with anew FAFSA formeach school year. ...
While federal student loans don't go into default until after 270 days of past-due payments, borrowers with private student loans are beholden to the rules of their loan providers. It's important to read your loan servicer's terms and agreement, as well as reach out to a customer represen...
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Student loans: Shutdown or not, borrowers’ payments will still be due. For the most part, loan servicers would be able to continue to process payments regularly — but there could be delays for those who need to consult with or seek help from the Education ...
Yes, student loans can be forgiven for graduate students under certain conditions. Programs such as Public Service Loan Forgiveness (PSLF) and Income-Driven Repayment (IDR) plans can lead to forgiveness of the remaining loan balance after making a required number of qualifying payments. PSLF is ...
I am eligible for a student loan payment refund due to the CARES Act. I’d like my payments made from X date to X date refunded. Let me know if you need any additional information. Thank you! After you hear back from the servicer, they should let you know how the payment will be...
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as being complex. It requires students to respond to a number of questions that may take some time to complete. Importantly, families need to submit a new FAFSA every year in order to maintain their financial aid, or to try again if they didn’t get any aid the first time they applied...
On the form, you will be asked to create an account with the U.S. Federal Student Aid Office, which will issue you an ID to access the site. After you file your FAFSA, your college will send you a student financial aid letter outlining your available aid, including federal direct loans...