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Call 1-800-433-3243 to obtain a PDF of the form The Higher Education Opportunity Act of 2008 authorized fee-based FAFSA preparation. [ 10 ] By law, fee-based FAFSA preparation services must on initial contact with students inform them of the free option and be transparent about their non-affiliation with the U.S. Department of Education and ...
Federal Perkins Loan (Perkins Loan) Program: This is a school-based loan program for eligible students with exceptional financial need. Students may qualify for a Perkins Loan of up to $8,000 each year depending on financial need, the amount of other aid received, and the availability of funds at the school.
Private student loans generally have tougher eligibility requirements than federal loans. In addition to age, income and credit score minimums, students must be enrolled at an eligible school and ...
As a parent, you have two main choices for parent loans for college students: federal parent PLUS loans or private student loans. Parent’s Guide to Applying for Private Student Loans Skip to ...
Loans discharged that were not the result of long-term public service employment constitute taxable income. Student loan borrowers may have their existing federal student loan debt removed if they can prove that their school misled them. The program is called Borrower Defense to Repayment or Borrower Defense. [74]
Federal student loans. Private student loans. Interest rates. 5.50% to 8.05% for loans disbursed before July 1, 2024. 6.53% to 9.08% fixed for loans disbursed after July 1, 2024
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