Posts Tagged ‘Federal Loans’

What Loan company will take over my federal student loans when the loans are in forbearance?

Saturday, January 23rd, 2010

maybell asked: What Loan company will take over my federal student loans when the loans are in forbearance so I can go back to school?
My loans are government loans from Saillie Mae. I owe them under $5000.
I heard about this company that will take over your school loans from them but I don’t know the [...]

What is the difference between Ford loans and FAFSA?

Friday, November 13th, 2009

BookJunkie asked: I know they are both federal loans but what makes them different? I have already applied and recieved acceptance for my fafsa but will I get more money if I apply for a Ford Loan?
Also will the ford loan be more expensive than FAFSA?

What happens to the status of student loans if I transfer undergraduate schools?

Wednesday, September 9th, 2009

kasey asked: I just transferred undergraduate schools and still have some student loans from my previous school (Sallie Mae and Federal Direct loans). Is there some sort of clearing house that my new enrollment status will be sent to so that the loan agencies know that I haven’t just stopped going to school (and thus [...]

How can I consolidate private and federal student loans?

Thursday, June 25th, 2009

Total Ruckus asked: I have 1 federal loan for $16,000 and 2 private loans for $3200 each. I would like to consolidate all of these to 10-12 year loan. Does anyone know anyone who can do this with any nice incentives?

Is it true that taking out a private student loan decreases the amount of federal loans you can take?

Friday, May 29th, 2009

mb20and151 asked: I am starting a very intense degree program where they reccommend we don’t work for the last 12-15 months of our schooling. For this reason, I am planning on utilizing federal loans and private lender loans.
This morning, I spoke with the financial aid office at my school. They told me not [...]

How does the interest on education loans accrue?

Sunday, January 18th, 2009

nwaff102 asked: I am talking about private loans.
Say I am getting a $20,000 unverified private loan with an interest rate of prime(7.75). What will this loan be in 1 year with no payments? I am struggling with exactly how to figure this out.
I am looking at putting my federal loans in a high yield savings [...]

What Loan company will take over my federal student loans when the loans are in default?

Tuesday, September 16th, 2008

Dat_1_Chiq asked: What Loan company will take over my federal student loans when the loans are in default so I can go back to school?
My loans are government loans from Saillie Mae. I owe them under $5000.
I heard about this company that will take over your school loans from them but I don’t know the [...]


Home