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The U.S. Department of Education has extended the deadline for its Fresh Start program for defaulted student loan borrowers until Wednesday morning, according to an agency spokesperson.
A student wears a money lei, a necklace made of US dollar bills, at a graduation ceremony in Pasadena, Calif., on June 14, 2019. (Photo by ROBYN BECK/AFP/Getty Images) (ROBYN BECK via Getty Images)
If you have multiple federal student loans, you can combine them into one loan with fixed interest. If you decide to consolidate your loans into a Direct Consolidation Loan, you can do so for free.
Direct PLUS Loan: The direct PLUS loan is a federal loan that graduate or professional students and parents of undergraduate students can use to pay for their education. These loans can be used to help pay for education expenses not covered by financial aid. The Direct PLUS loan is not based on financial need, but credit is necessary.
To meet the deadline, the application just has to be submitted by the end of the day Tuesday — the approval can come later, said Celina Damian, the student loan servicing ombudsperson for the ...
Student loans in the U.S. Regulatory framework National Defense Education Act Higher Education Act of 1965 HEROES Act U.S. Dept. of Education · FAFSA Cost of attendance · Expected Family Contribution: Distribution channels Federal Direct Student Loan Program Federal Family Education Loan Program: Loan products Perkins · Stafford PLUS ...
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