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[DOCX File]Understanding the FAFSA Form Webinar Transcript - Student …
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Next slide, please. Let's talk about the rate. We talked about the interest rate, yes. Direct subsidized loan and direct unsubsidized loans for undergraduates currently right now is a 2.75%. Now, this is important to know that this is currently right now. Every year, these interest rates may or may not change.
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[DOC File]Unofficial Federal Register Notice: Final Regulations for ...
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Discussion: Under the REPAYE plan regulations in §685.209(c)(5)(ii)(A) and (B), a borrower whose loans being repaid under the REPAYE plan include only loans the borrower received as an undergraduate student or a consolidation loan that repaid only loans the borrower received as an undergraduate student may receive loan forgiveness after 20 ...
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[DOC File]ABC COMPANY - Student Aid
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So if -- I'm jumping ahead a little, and we'll go into this in more depth -- but if you are considered a dependent student and do not report parent information, you may only qualify for unsubsidized loans from the federal government. Let's take a look at how this looks on the FAFSA. So this is a screenshot from the actual application at fafsa.gov.
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[DOC File]Ensuring Continued Access to Student Loans Act of 2008 ...
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Therefore, beginning July 1, 2010, all new subsidized and unsubsidized Stafford Loans made to students, PLUS loans made to parents and to graduate/professional students, and consolidation loans made to borrowers, will be made under the Federal Direct Student Loans (Direct Loan) program. 1.1(B) Higher Education Act (HEA)
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[DOC File]Common Sense Economics
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Student Loans Choose the option below that is as close to your actual, real-life situation. (Monthly amounts are based on weighted average between subsidized and unsubsidized loans, approx. 6.2%) Option A: No Student Loans to payoff = $0/ month. Option B: Student Loans …
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[DOC File]Proposed Student Loan Changes - JSU
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*Direct Loan Fee Rebate: The Subsidized and Unsubsidized Federal Direct Loans have a 1.5% origination fee and also offer a 1.0% rebate on the origination fee – resulting in a net fee of 0.5%,which will be deducted from the gross amount of the loan borrowed (if you borrow $3,500 you will actually receive $3,482.50 or $17.50 less).
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[DOC File]Agreed Upon Procedures (AUP) Attestation Engagement …
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Student Loans Act of 2008 (ECASLA) Short–Term Purchase Program. for the 2007-2008 Academic Year. March 4, 2009 ... Less than or equal to 6.8% for Stafford subsidized and unsubsidized loans, or . b) For PLUS parent and graduate/professional loans, less than or equal to 8.5%. ... Eligible Loans must have been made with due diligence and ...
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[DOC File]Student loan debt exceeds credit card debt in USA
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If, for example, you have $30,000 in student loans, your could be paying about $350 a month for 10 years — if they're Stafford Loans at a current unsubsidized rate of 6.8% and have 1% in fees. Including interest, you'd be paying off nearly $42,000.
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[DOCX File]WHAT IS THE FAFSA? - Ready. Set. Grad.
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Direct Subsidized Loans, Direct Unsubsidized Loans, Direct PLUS Loans, and Direct Consolidation Loans are types of Direct Loans. Direct PLUS Loan: A loan made by the U.S. Department of Education to graduate or professional students and parents of dependent undergraduate students. The borrower is fully responsible for paying the interest on this ...
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[DOC File]Agreed Upon Procedures (AUP) Attestation Engagement …
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1.1(A). Ensuring Continued Access to Student Loans. Under the ECASLA, for FFEL Program loans made under sections 428 (subsidized Stafford loans), 428B (PLUS loans), and 428H (unsubsidized Stafford loans) of the HEA, the U.S. Department of Education (ED) has the authority to purchase or enter into forward commitments to purchase FFEL Program loans.
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When do unsubsidized student loans come due