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Federal student loans are given to eligible students for postsecondary education (college, vocational or professional schools) These loans do not have to be repaid until after graduation, have lower, fixed rates, and generous prepayment plans as opposed to loans from private sources.
What else can I help you with?
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.
How do you know if you have a federal student loan?
You can know if you have a federal student loan by checking your loan documents or contacting your loan servicer. Federal student loans are issued by the government and typically have terms and conditions set by federal regulations.
What is the best federal student loan program?
There are many federal student loan programs to choose from. They include Federal Perkins Loan, Federal Direct Subsidized Loan, Federal Student PLUS Loan, etc. When it comes to deciding which is the best, it depends on one's circumstances.
Can you file bankruptcy for your student loans and keep your house out of it?
If the student loan is a federal loan and not a private loan then the answer is no. Federal student loans can not be included in bankruptcy, you will always be responsible for repayment of FEDERAL student loans.
How do I know if I have a federal student loan?
You can check if you have a federal student loan by logging into the National Student Loan Data System (NSLDS) website using your FSA ID. This site will show all federal student loans you have borrowed.
How do I know if my student loan is federal?
You can find out if your student loan is federal by checking the National Student Loan Data System (NSLDS) website or contacting your loan servicer. Federal student loans are issued by the government, while private student loans are issued by banks or other financial institutions.
Can you get a federal student Stafford loan if one of your parents has a student loan that is in default?
Yes.
What has the author Donald Conner written?
Donald Conner has written: 'Federal student loan programs data book, FY 94-96' -- subject(s): Federal Direct Student Loan Program (U.S.), Federal Family Education Loan Program, Government policy, Student aid, Student loan funds
How do you obtain a federal student loan?
Go to student loan area--financial assistance--at the school where you are applying.
What can you do to geta student loan?
The Free Application for Federal Student Aid
Does a student have to be full time to receive a federal student loan?
yes
How does Federal student loan forgiveness work?
You can go to the Department of Education web site and research the information you are requesting
