Rather than being outstanding for its features (ie interest rate, time to repay), an outstanding loan means that it is one that is yet to be repaid--it is money owed.
You'll need to find out what lending institution has taken over your student loan. Once you know who you owe to, just call them.
To determine the total amount of student loans you owe, you can contact your loan servicer or log in to your account on the National Student Loan Data System (NSLDS) website. This will provide you with a comprehensive overview of all your federal student loans and their current balances. Additionally, you can review any private student loan statements you may have to account for all your outstanding loan amounts.
Difference between loan disbursed and loan outstanding; the unpaid remainder that you still owe.
The outstanding principal amount on a loan is the remaining balance that has not yet been paid back.
In the US, a student loan collection company that is garnishing your wages will already have a court judgment against you. You can get out of the judgment and garnishment by consolidating your loans. Click the link at the bottom of this text box to get help with the consolidation of your loans.
You'll need to find out what lending institution has taken over your student loan. Once you know who you owe to, just call them.
To determine the total amount of student loans you owe, you can contact your loan servicer or log in to your account on the National Student Loan Data System (NSLDS) website. This will provide you with a comprehensive overview of all your federal student loans and their current balances. Additionally, you can review any private student loan statements you may have to account for all your outstanding loan amounts.
Difference between loan disbursed and loan outstanding; the unpaid remainder that you still owe.
A consolidation loan program for Federal student loans allows one to take out one large loan to settle all outstanding Federal student loans. This may allow one to have only one loan and debt repayment to worry about.
If you have an outstanding balance, your student loan never goes away. These loans are federally insured. By contacting the student loan agency and giving your information to them it brings everything back to life because everything will become reinsured. If you have an outstanding balance, your best bet is to call the student loan agency to make payment arrangements and get the nightmare over with. Eventually, they will skip trace and find you. If this is an outstanding balance that fell off the credit report, the student loan company can put liens on any property you owe, garnish paychecks from both you and your spouse (if able). Also, this is more of a moral question. If you wanted to go back to school, this would definitely come back up because there is a national student database you are in.
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
what is a student loan grant?
Periodic payments against an outstanding loan balance that do not pay off the entire outstanding loan balance.
Simply put it is a loan that has yet to be repaid.
what is a student loan grant?
The outstanding principal amount on a loan is the remaining balance that has not yet been paid back.
In the US, a student loan collection company that is garnishing your wages will already have a court judgment against you. You can get out of the judgment and garnishment by consolidating your loans. Click the link at the bottom of this text box to get help with the consolidation of your loans.