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can you have studnet loans forgiven?
Yes, both government and private loan companies have student loan forgiveness programs. You must meet their requirements in order to be eligible for them which includes but is not limited to military service, volunteer work, or any other task specified in the particular Student Loan Forgiveness Program you are applying for.
What kind of agency is The Student Loan People?
The Student Loan People is an agency that specializes in student loans. They are located in Kentucky. They work with people getting student loans, collections and repayments of student loans.
Can the federal government take a tax refund from your husband if you are in default on your student loan even if you didn't work that year and don't owe any taxes?
Yes, if you filed jointly. You owe the government for the loan, they can offset anything coming in your name.
How does a student loan consolidation program work?
There are some differences in student loan consolidation programs but most work the same way. The program combines different loans to lock in a small interest rate.
How do you find out how much you owe in student loans?
Go to The U.S. Department of Education's National Student Loan Data System (NSLDS). This site allows you to access information on loan and/or federal grant amounts, your loan status (including outstanding balances), and disbursements made. Go to www.nslds.ed.gov. When I used www.nsld.ed.gov it did give me the information once I found out what my "pin number" was. Then the pin number had to be activated before it would work on this site.
Student Loan Forgiveness?
Graduates who are interested in having a part or all of their student loans repaid should take the time to learn as much as they can about the student loan forgiveness program offered by the federal government. Students with either federal student or private student loans can have some or all of their student loan debt forgiven by the federal government simply by taking advantage of certain employment and volunteer positions in disadvantaged neighborhoods or by joining the military.The Student Loan Forgiveness ProgramCertain professionals such as doctors, lawyers, nurses, teachers and military professionals that take advantage of certain programs can have their student loan forgiven by participating in eligible programs. Although the Student Loan Forgiveness program is offered by the federal government, the program is available to students with both federal and private student loans.The Student Loan Forgiveness Program is a Good Alternative to RepaymentFor graduates who are having trouble meeting their repayment obligations, the Student Loan Forgiveness Program may be their best option. By taking advantage of this program many students can have some or all of their student loans, including private loans repaid by the government.There Are Many Programs That Offer the Student Loan Forgiveness ProgramGraduates who are interested in taking advantage of the Federal Student Loan Forgiveness program will find that there are quite a few number of work and volunteer opportunities to choose from, including but not limited to the military. To take advantage of the program, teachers, doctors and lawyers may find themselves offering their services in low income areas.Students May be Liable For Taxes if Their Student Loans Are ForgivenDepending on the provisions of a graduates student loans, graduates who have their student loans forgiven partially or in full may have to pay taxes on the amount forgiven on their student loans. However, that is not always the case so it is important that graduates check the provisions of their loan to determine if in fact they will be required to pay taxes on any portion or all of the student loan debt that is forgiven by the federal government.
How does student loan forgiveness work?
Student loan forgiveness is forgiven if one doesn't have any money at all to pay of the loans. This doesn't happen often but some companies forgive the loans when it is proven in court that one cant pay the loan.
Can you have student loans forgiven?
Yes, both government and private loan companies have student loan forgiveness programs. You must meet their requirements in order to be eligible for them which includes but is not limited to military service, volunteer work, or any other task specified in the particular Student Loan Forgiveness Program you are applying for.
Can a parent get out of a student loan if they can no longer work?
In some instances, a parent can get out of a student loan if they are unable to work. You can visit the Federal Student Aid website for information about discharge of debt.
What are the terms of student loan forgiveness?
To go about getting a student loan forgiveness, I suggest talking to whoever runs the student loans at your university or college. Just try and get them to cut your student loan down a bit. Check out this website for more details: http://www.loansavers.org/qa-how-do-i-go-about-getting-forgiveness-for-my-student-loans-by-teaching-in-a-high-needs-school-2778.html
can you have studnet loans forgiven?
Yes, both government and private loan companies have student loan forgiveness programs. You must meet their requirements in order to be eligible for them which includes but is not limited to military service, volunteer work, or any other task specified in the particular Student Loan Forgiveness Program you are applying for.
How does loan forgiveness work?
Loan forgiveness information can be found on your local government website. They have all the tips you need and who qualifies for loan forgiveness programs.
How does forgiveness work?
Loan forgiveness information can be found on your local government website. They have all the tips you need and who qualifies for loan forgiveness programs.
Where can a student go to get help with a loan repayment?
If that's a federally backed loan, it can't be usually be discharged in bankruptcy although there are exceptions, but they do forgive loans for a number of reasons.From the Stafford loan site;Under certain circumstances, the federal government will cancel all or part of an educational loan. This practice is called "loan forgiveness". To qualify for Federal loan forgiveness, you must:Perform volunteer workqualify for public service loan forgivenessPerform military serviceTeach or practice medicine in certain types of communitiesMeet other criteria specified by the forgiveness programsee their web site for the other forgiveness criteria they have you might meet. Most of them seem to be tied to public safety, teaching, or health care work, schools that disappeared before the program ended, the cosigner or the student has died, the student becomes totally and permanently disabled, but check carefully to see if you qualify under one of the many provisions.
How can I apply for student loan forgiveness?
There are a few ways you can get your student loans forgiven. If you join the military or peace corps, the government may forgive most or all of your student loans. Also, there is a national program for teachers who work in rural areas which involves forgiving student loan debt.
Is there such thing as student loan forgiveness?
"Loan forgiveness" means that another entity is paying the loan. It does not mean that the loan is erased and it is not an option for an inability or unwillingness to pay the loan as agreed. Depending on the situation, the military offers some loan forgiveness programs. Some states offer partial loan forgiveness for teachers after a specific number of years in the classroom. All the programs require military service, volunteer work or employment in a profession like teaching or nursing. You can read more here: www.finaid.org/loans/forgiveness.phtml
What is government loan forgiveness and how to apply?
There are some companies that will pay off your student loans if you work for them for a certain period of time. As for loan forgiveness, please don't take this the wrong way, but I don't think that other people should pay for your college simply because you think you picked the wrong career. And, that is what loan forgiveness is. If your loan is forgiven, that means that the government will reimburse the bank for your loan. This means that the taxpayers (the rest of us) will be paying for your college.
