Are you seeking a loan to help pay your expenses for college?
Not at the moment, but the matter may arise in the future
Unfortunately, no relevant information is found.
Are there many differences between federal and private student loans, and where would I get all the relevant information about these borrowings?
The government makes federal loans available, the terms and conditions of which are set out by the law. You can avail of a lot of benefits with a federal loan, such as fixed interest rates and income-driven repayments, which you won't find with private student loans. Private loans are offered by financial institutions whose terms and conditions are governed by the financial institution themselves
How can you provide temporary relief to student loan borrowers during the COVID-19 national emergency?
To achieve this, federal student loan borrowers are automatically being placed in an administrative forbearance, which allows you to temporarily stop making your monthly loan payments. This suspension of payments will last from March 13, 2020 , through Sept. 30, 2020, but you can still make payments if you choose.
Could you explain the details on what kind of support am I getting in federal student loan over private student loans, when I apply for student financial assistance?
It's quite likely that your school would include a student loan as part of your financial aid package, but it is important to understand the differences between federal loans and private student loans
I see. Let me ask another question. for envelope for loans not owned by ED. What if I have HEAL loans in default?
Then you should contact the Debt Collection Center for help with account-related questions.
Do you know how I get a federal student loan? what is the procedure?
The first step of the application process is to complete the Free Application for Federal Student Aid FAFSA form. This form will also give you further information about applying for aid
Does my school choose one type of student loan over another in respect of any financial aid package that I might be offered?