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Student Loan Planner
DECEMBER 18, 2023
Millions of federal student loan borrowers returned to repayment in October 2023 following the end of the Covid-era forbearance, which had been in effect since March 2020. The transition back to normal billing has not been going well.
NCLC Student Loan Borrower Assistance
APRIL 18, 2024
Is MOHELA still going to service my loans after the transition to the new BPOs? Do I still have to make payments on my loans during the processing pause? Any payments you make beyond the 120 qualifying payments should be refunded to you or applied to any other outstanding federal student loans you may have.
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Diverse: Issues in Higher Education
DECEMBER 15, 2022
Students and faculty became aware that Cazenovia might have to close when it defaulted on a $25 million bank loan earlier this fall. But the college’s financial problems had been building for years. Anything from shared services all the way up to a merger or acquisition.” The reasons, says Burns, are financial and social.
NCLC Student Loan Borrower Assistance
JULY 18, 2023
On Friday, July 14th, the Department of Education announced that it was sending notice to 804,000 borrowers who had spent 20 to 25 years in repayment on their federal student loans that their remaining balance would be canceled. What do I need to know if I’m eligible for loan cancellation now through IDR?
Student Loan Hero
DECEMBER 22, 2022
But the reality is that there are no income limits with the Free Application for Federal Student Aid (FAFSA); any eligible student can fill out the FAFSA to see if they qualify for aid. While some aid is based on financial need (such as subsidized loans and Pell Grants), other aid is not (such as unsubsidized federal loans).
NCLC Student Loan Borrower Assistance
MAY 24, 2023
However, an NPR investigative report revealed that there were sweeping problems with how the IDR plans were managed and how records were kept—problems that resulted in only a handful of borrowers receiving IDR cancellation even though millions should have been eligible. It can convert other types of federal loans into Direct Loans.
College Planners of America
FEBRUARY 3, 2023
SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that conducts consumer lending services. Initially, it was a Federal entity that serviced Federal student loans. Education Department.
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