Search for: "Direct Loans, Borrower Services"
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22 Jan 2018, 10:00 am
Servicers are telling borrowers to seek a Direct Consolidation Loan if they are eligible. [read post]
22 Jan 2018, 10:00 am
Servicers are telling borrowers to seek a Direct Consolidation Loan if they are eligible. [read post]
27 Jul 2022, 8:27 am
Normally, only borrowers with Direct Loans who have made on-time payments on their loans and are employed full-time at the time of application would be eligible. [read post]
9 Oct 2023, 1:49 pm
By law, the following federal student loans must be discharged after death: – Direct Subsidized Loans – Direct Unsubsidized Loans – Direct Grad PLUS Loans – Direct Consolidation Loans In other words, when you die, your federal loans die with you. [read post]
21 Sep 2018, 9:36 am
PSLF promised student borrowers with federal Direct Loans who worked in qualifying public service jobs that they would have their loan balances discharged after 10 years of income-based repayment. [read post]
21 Sep 2018, 9:36 am
PSLF promised student borrowers with federal Direct Loans who worked in qualifying public service jobs that they would have their loan balances discharged after 10 years of income-based repayment. [read post]
2 Feb 2011, 1:22 pm
This is a popular service among Cornell researchers, who made more than 21,000 requests to Borrow Direct in 2010. [read post]
22 Jun 2017, 2:28 pm
For example, with regard to the Direct Loan eligibility requirement, the report discusses borrower complaints about delays and defects in the process of consolidating loans not eligible for PSLF into an eligible Direct Consolidation Loan. [read post]
2 Oct 2017, 10:00 am
Several borrowers enrolled in PSLF were told by their loans servicer that they were eligible. [read post]
16 Jul 2017, 12:48 pm
One of the issues that has caught our attention is the failure to communicate to FFEL borrowers the need to consolidate their loans to the newer Direct loans and THEREAFTER make 120 timely monthly payments. [read post]
18 Nov 2015, 1:42 pm
Thus I am mystified that in their efforts to improve servicing of student loans and directing of student loan at-risk borrowers to the window that would help them, they continue to misunderstand the basic nature of capitalism and its profit motive and the borrower-lender relationship. [read post]
30 Oct 2017, 10:00 am
Problems with servicers following payment directions: Complaints mention that payments were not allocated in the manner intended by borrowers. [read post]
20 Feb 2018, 5:00 am
” The District of Columbia Student Loan Ombudsman Establishment and Servicing Regulation Act of 2016 (Servicing Act), which became effective February 18, 2017, directed the DISB to draft the Bill of Rights. [read post]
29 Mar 2017, 10:00 am
It also means they might qualify for the Public Service Loan Forgiveness (PSLF) program. [read post]
13 Jan 2022, 9:54 am
They also asserted that the company inflated borrowers’ bills by directing them to long-term forbearance instead of affordable income-based payments. [read post]
31 Mar 2020, 10:28 pm
Loan servicers should be in contact no later than August to remind borrowers payments will soon need to begin again. [read post]
23 Mar 2021, 10:44 am
Ford Direct Loan Program. [read post]
17 Apr 2017, 1:24 pm
The memoranda had included: recommendations for changes to the compensation structure and performance measurements included in the federal Direct Loan servicing contracts; directions to contractors to designate, train, and appropriately compensate specialized servicing personnel to assist at-risk and certain other borrowers; and standards to provide consistency in the handling, processing, and application of payments by servicers and… [read post]
26 Oct 2018, 10:00 am
The CCRAA created the Public Service Loan Forgiveness Program (PSLF), which allows some federal student loan borrowers working at qualifying public service jobs to receive tax-free loan forgiveness. [read post]
25 Oct 2017, 9:15 am
Beyond that, student loan servicers in the District are expected to uphold these key tenets with respect to all student loan borrowers and each student loan they service. [read post]
