Federal direct student loan program

    • [DOC File]0012Kcop. stafford student loan fact sh.

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      You are not eligible to receive repayment for more than $10,000 in any calendar year; or an aggregate total of $60,000 of principal and interest of your Federal Family Education Loan Program (FFELP) and/or Direct Loan Program loan(s). Funds are provided on a first-come, first-served basis, over a five year period, and subject to the availability of appropriations. A formula will be used when ...

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    • [DOC File]DRAFT: Student Assistance General Provisions, Federal ...

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      In 2010, Congress enacted the President’s student loan reform ending the Federal Family Education Loan Program (FFELP), and making the U.S. government, through the Direct Loan Program the lender of federal student loans. The federal student loan program is the biggest source of student lending. Despite these changes, credit reporting for student loans has not been updated to reflect the ...

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    • [DOC File]…cuts subsidies to lenders ... - Federal Student Aid

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      Federal legislation limits the amount of loans that a student may borrow in the Federal Direct Stafford Program if the student has borrowed the maximum annual loan limit for an academic period. Therefore, students who borrow their maximum loan limit for Summer Term 2010 would not be able to borrow another Direct Loan for the Fall 2010 semester. In order to enable students to borrow a Direct ...

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    • [DOC File]“FINAL DRAFT”

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      However, given that the Department’s borrower defense authority is part of the Direct Loan Program, see 20 U.S.C. 1087e(h) (“[A] borrower may assert . . . a defense to repayment of a loan made under this part [as to the Direct Loan Program]”), the Department will only consider providing such relief if the underlying loans were themselves Direct Loans or have been consolidated under the ...

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    • [DOC File]Two Ways to Save a LOT of Money in Paying Back Student Loans:

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      William D. Ford Direct Loan Program (Direct Loans): ... ---Direct Unsubsidized Consolidation Loans. Federal Perkins Loan Program:---National Defense Student Loans (made before July 1, 1972)---National Direct Student Loans (made between July 1, 1972 and July 1, 1987) ---Perkins Loans (made after July 1, 1987) Loans made or insured under the Public Health Service Act include:---Loans for ...

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    • [DOCX File]Funder’s Name

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      A new program for federal student loan borrowers who work in certain kinds of jobs (see below). It will forgive remaining debt after 10 years of eligible employment and qualifying loan payments. During those 10 years, the Income-Based Repayment (IBR) plan can help keep your loan payments affordable. Eligibility Bottom line: Military and VA count (see website for details on other types of jobs ...

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    • [DOC File]Standard Operating Procedures (SOP) - USDA

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      The Department will be implementing these requirements in the Direct Loan Program. Active Duty Student Deferment . The CCRAA created a new deferment in the FFEL, Direct Loan, and Federal Perkins Loan programs for members of the National Guard or Armed Forces Reserve, and members of the Armed Forces who are in a retired status, who are called or ordered to active duty service. …

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    • Federal Direct Loan Program - Investopedia

      Direct PLUS Loan Borrowers. Notice To All U.S. Graduate/Professional Student and Parent Borrowers: Participation in the Direct Loan Program Begins (Begin Date/Year) ___(Name of school/institution)___ will participate in the William D. Ford Federal Direct Loan (Direct Loan) Program beginning ___(date/term/academic year)___. Graduate/professional students and parents from the United States …

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    • [DOC File]NOTICE TO ALL STUDENTS - Federal Student Aid

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      The Health Education Assistance Loan Program . B. Federal Direct Student Loan -- The U. S. Department of Education is the lender for these loans. Direct Loans include Federal Direct PLUS loans and Federal Direct Stafford loans. C. Federal Family Education Loan Program -- These loans are insured by the Department of Education. Loans are privately issued by a bank, credit union, or other …

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    • [DOC File]Fact Sheet: Modernizing Credit Reporting for Student Loans ...

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      Federal Direct Student Loan Program (FDSLP) loans, administered by "Direct Lending Schools", are provided by the US government directly to students and their parents. All Stafford Loans are either subsidized (the government pays the interest while you're in school) or unsubsidized (you pay all the interest, although you can have the payments deferred until after graduation). To receive a ...

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