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  2. How to get a student loan refund if you paid during pandemic

    www.aol.com/finance/student-loan-refund-paid...

    You can get a refund without applying if your payments brought your loan balance below the maximum debt relief amount: $10,000 for all borrowers, and $20,000 for Pell Grant recipients. Borrowers ...

  3. What is student loan refinancing and how does it work? - AOL

    www.aol.com/finance/student-loan-refinancing...

    Student loan refinancing involves taking out a new loan to pay off one or more of your current student loans and streamline the repayment process. It can provide a lower interest rate, extend your ...

  4. National Student Loan Data System - Wikipedia

    en.wikipedia.org/wiki/National_Student_Loan_Data...

    The National Student Loan Data System (NSLDS) is the U.S. Department of Education ’s (ED) central database for Federal Student Aid. [1] NSLDS receives data from schools, guaranty agencies, the Direct Loan program, and other ED programs. NSLDS Student Access provides a centralized, integrated view of Title IV loans and grants so that ...

  5. Loan default rates and student loan repayment - AOL

    www.aol.com/finance/loan-default-rates-student...

    Debt and delinquencies could rise. About 40 percent of borrowers missed their first student loan payment in October 2023, according to the Department of Education. Though late or missed payments ...

  6. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    As of 2021, approximately 7.8 million Americans from 18 to 25 carry student loan debt, with an average balance of almost $15,000. [64] For adults between the ages of 35 and 49, the average individual balance owed exceeded $42,000. The average debt for adults between 50 and 61 is slightly lower.

  7. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [1]

  8. New Biden student debt plan could forgive up to $20,000 in ...

    www.aol.com/finance/biden-student-debt-plan...

    April 15, 2024 at 6:33 PM. Breaking news. On Friday, April 12, the Biden-Harris administration announced an additional $7.4 billion in student loan forgiveness for more than 200,000 SAVE Plan ...

  9. Student loan - Wikipedia

    en.wikipedia.org/wiki/Student_loan

    A student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. It may differ from other types of loans in the fact that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still ...

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