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Do federal Stafford loans have to be paid back?
Yes, you need to pay back federal Stafford loans.
What is a Federal Pell Grant?
Federal Pell Grants are only available to undergraduate students and do not have to be repaid. Stafford Loans are available to both graduate and undergraduate students, but do have to be repaid.
The difference between federal direct student loans and pell grants.?
The federal direct loans come directly from the federal government instead of private lenders. I believe loans have to be paid back but most grants do not. you can find more information at federaldirectloans.com
How long does it take if you have a federal offset due to child support to get your taxes back?
As soon as it's paid off it reverts back to you.
Is congress paid by the federal gov or state capitols?
Members of Congress are paid by the federal government. The salaries of members of Congress are determined by law and are paid out of the federal treasury.
Is there a Federal deduction for state back tax payments?
State income taxes are deductible from Federal taxable income in the year they are paid, regardless of when they were due.
What will happen with TARP money when it's paid back?
The money will be absorbed by the Federal Reserve into its cash reserves.
Do you have to pay back students grants for college?
If a student qualifies for a pell gran they do not have to be paid back. Pell grants are issued based on a student income level. Student loans do have to be paid back starting 6 months after you graduate.
What line on 1040A is total federal tax paid?
The total Federal Tax paid is the sum of the federal taxes that you have payed either through payroll deductions or estimated taxes that you have paid to the federal government or others that have paid federal taxes to your benefit, for that particular tax year.
Is the money granted by FAFSA a loan that will need to be paid back?
When you fill out the FAFSA (Free Application for Federal Student Aid), you will find out what financial assistance you are eligible for: scholarships and grants (these do not need to be paid back), loans (these do need to be paid back), and work study (you work to earn your tuition). You can read more about the different types of federal student financial aid at the link below in the related links section.
What is the federal Perkins loan?
The federal perkins loan is a student loan offered by the U.S. Department of Education to help American students with their college financing. Those that use the federal perkins loan, will have a 5% interest rate that can be paid over ten years.
What are federal estate taxes?
Federal state taxes are taxes to be paid to the federal government on owned property. Theses taxes are to be paid once a year.
