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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 ...
Federal parent loans are a federally funded loan option if the student is dependent on his or her parents. Parent loans allow parents to take out student loans, the repayment of which will be their responsibility. The parents use these loans to pay for educational expenses on behalf of the student. For undergraduate students, there is the ...
Under this program, teachers who provide direct classroom teaching, or classroom-type teaching in a nonclassroom setting [1] full-time for five complete and consecutive academic years in a Title 1 eligible school or school district may be eligible to receive loan forgiveness for their federal student loans.
Teachers interested in the Teacher Loan Forgiveness Program must have been employed at an elementary school, secondary school or educational service agency that serves low-income students.
Parent PLUS borrower deferment for parents who received a Direct PLUS Loan to pay for their child’s education, and the student is enrolled at least half-time at an eligible college or career school.
In a parent PLUS loan, the parent can authorize the school to use the loan for other educationally related charges after tuition and room and board. [ 11 ] Direct Subsidized : A direct subsidized federal loan is for eligible students to cover costs at a four year institution, community college, or vocational school.
These loans place the debt in the parent’s name, with the liability on them. The terms of the loan are clear from the start, and this may work well if all goes as planned.
A bursar (derived from bursa, Latin for 'purse') is a professional administrator in a school or university often with a predominantly financial role. In the United States , bursars usually hold office only at the level of higher education (two-year and four-year colleges and universities) or at private secondary schools.