To determine the type of student loan you have, you can check with your loan servicer or review your loan documents. Common types of student loans include federal loans (such as Direct Subsidized or Unsubsidized Loans) and private loans. Each type has different terms and conditions, so it's important to know which one you have.
For a student loan, the typical collateral required is usually not needed, as most student loans are unsecured, meaning they do not require assets like a house or car to secure the loan.
The interest rate on a student loan depends on the year it was established, the type of loan, and the habits of the student paying back the loan. Generally, 6.9% is considered to be in the high range, but lagging behind payments can increase the loan amount up to 14.0+%.
The eligibility requirements for the student loan forgiveness program typically include working in a public service job, making consistent loan payments for a certain period of time, and having a qualifying loan type.
Options for managing student loan debt as a changed student loan borrower include income-driven repayment plans, loan consolidation, loan forgiveness programs, and refinancing with a private lender.
The deadline for repaying your student loan varies depending on the type of loan you have. Typically, repayment begins six months after you graduate, leave school, or drop below half-time enrollment. It's important to check with your loan servicer for specific details and deadlines.
Student loan rates vary by the type of student loan, but can be either fixed or variable rate. Most federal student loans are fixed at 6.8% Private student loan rates are typically higher.
i actually worked for sallie Mae as a student loan consultant. It depends on the type of loan that you are looking for. they all vary from loan to loan.
Depends on what type of student loan. If it's a Stafford, no. If it's a PLUS loan, yes.
Student loan interest rates tend to vary depending on the type of loan. More information is provided by American Student Assistance, which can be found at www.asa.org.
Student loans, no. A SBA type loan...probably
For a student loan, the typical collateral required is usually not needed, as most student loans are unsecured, meaning they do not require assets like a house or car to secure the loan.
There are many places to research student loan settlement. You can look at various places on the web or at many banks. Looking for loan settlements can be difficult start by checking www.wellsfargo.com/student
The interest rate on a student loan depends on the year it was established, the type of loan, and the habits of the student paying back the loan. Generally, 6.9% is considered to be in the high range, but lagging behind payments can increase the loan amount up to 14.0+%.
This depends on the type of loan that you took out. Most federal student loans ask that you start making payments after you graduate.
what is a student loan grant?
what is a student loan grant?
You can ask him what type of loan he got and then see if it matches with the student loan forgiveness act criteria. This act forgives a wide array of loans but the government is having a tough time deciding what to do with it because the student loan debt is around 1 trillion dollars.