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Can I stop making payments on my Student Loan after making payments for 10 years?
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Does a person get to stop making student loan payments when they turn 65?
if they have paid the loan off they do.
Will you get your stimulus check if you owe on a student loan and you are currently making payments on it?
Yes.
If you cosign for a student loan does it show up on your credit report before or after the student starts making payments?
It shows on your credit report even before they start making payments.
What does the sale of a student loan mean?
You'll be making your payments to a different financial institution.
If you are making you monthly payments on your student loan can you still get your income tax at the end of the year?
If you are not delinquent with your student loan, your federal income tax refund will not be garnished.
When does a private student loan have to be paid back?
This depends on the type of loan that you took out. Most federal student loans ask that you start making payments after you graduate.
Do you have to be a full time student in order to defer your student loans?
You can defer your student loan payments while in school. Typically student loan payments are not deferred due to employment status.
What is student loan forgiveness?
Student Loan Forgiveness is when a student can't pay a loan that he owes and so the government has money to pay for that loan if he/she is unable to make the payments on it.
What is a subsidized loan?
A subsidized student loan is a loan in which the interest payments are subsidized. In general terms there is no interest added to the loan until it comes due for payment. A non-subsidized loan requires interest payments during the time a student is in school
When having a student loan does the government stop paying you your child care benefits?
If you are in default on a student loan, any payments due to you from the government may be withheld and applied to the loan.
Do I have to make payments on Sallie Mae student loans while enrolled in school?
It depends on the type of Sallie Mae student loan you have. If you have a subsidized loan, you may not be required to make payments while you are enrolled in school at least half-time. However, if you have an unsubsidized loan, you are typically responsible for making interest payments while in school, although it is not required. It's best to check with your lender for specific terms and conditions regarding your loan.
What is the purpose of a student loan calculator?
A student loan calculator's purpose is to estimate the size of your monthly payments when you get a student loan. It will also help you find out how much you will end up paying in interest and how long it will take to completely repay the loan.
