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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.
However, if a Parent PLUS Loan is consolidated into a Direct Consolidation Loan, then the Direct Consolidation Loan may be repaid under the ICR Plan. [2] Eligible loans for the IBR Plan are all loans made under the Ford Program and Federal Family Education Loan Program except for Parent PLUS Loans.
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The Public Service Loan Forgiveness provides student debt forgiveness to those who have worked at least 10 years in public service jobs with federal, state, local, or certain non-profit ...
If you had FFEL and Perkins Loans not owned by the Education Department and applied to consolidate them into the federal direct loan program before Sept. 29, 2022, they are eligible for loan ...
The Public Service Loan Forgiveness provides student debt forgiveness to those who have worked at least 10 years in public service jobs with federal, state, local, or certain non-profit ...
All new Stafford, PLUS, and consolidation loans are now administered through the Direct Loan Program. Campus-Based Aid includes types of aid that schools are responsible for administering on behalf of the federal government. Federal Perkins Loans are low-interest loans made through a school’s financial aid office using federal funds ...
The Public Service Loan Forgiveness provides student debt forgiveness to those who have worked at least 10 years in public service jobs with federal, state, local, or certain non-profit ...