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What else can I help you with?
Who is liable to pay parental inherited loans?
The estate must pay the loans.
Can parent plus loans be transferred to the student?
No, Parent PLUS loans cannot be transferred to the student. These loans are taken out by parents to help pay for their child's education and are the responsibility of the parent borrower.
What are Sallie Mae student loans?
Sallie Mae student loans are private loans offered by Sallie Mae, a financial institution that focuses on providing education loans. These loans are used to cover the costs of higher education, such as tuition, fees, and other educational expenses. Sallie Mae offers various loan options and repayment terms to students and their families.
What exactly are education loans?
Education loans are loans that assist in paying for an individual's education. Typically these are associated with college degree plans but some loans are available for individuals attending training programs or even private high schools.
How old do you have to be to lend money?
Lend? Any age to lend, however parents should be advised of their children's loans they may be giving out!
Where can someone go to learn more about college education loans?
You can learn about college education loans from government websites such as Student Loans and Student Aid. Other websites include CU Student Loans and Scholarships.
Who qualifies for a parent plus loan?
Parent plus loans are for college students who have parents that can't afford to pay their child's tuition. Many students now days can't afford to go to school, and most parents don't set up education funds. These the people who these loans are designed for.
Are parents responsible to pay college tuition?
Whether parents are responsible for paying college tuition depends on various factors, including family financial circumstances, educational expectations, and cultural norms. In many cases, parents choose to contribute to their children's education as a financial investment in their future. However, legal obligations to pay tuition can vary by state and individual circumstances, and some students may take on loans or scholarships to finance their education independently. Ultimately, the decision is often a collaborative one between parents and students.
How many types of loan a bank can give?
Home Loans, Car loans, education loans, personal loan
Are loans avalible for parents who choose to send their children to another district?
No. To send a child out of district you need permisson from both, and the cost of doing this is yours.
What does a PLUS loan enable one to do?
The Federal Direct Plus loan is one of the low interest loans that enables students and parents to receive funds directly from The U.S. Department of Education to pay for education after high school.
What is a benefit of using student loans to finance education?
Financial Burden on parents is reducedStudents get more conscious and responsible about their studiesStudents get benefits on their tax liability once they get a job
