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Listings for Student Loans Key Terms (32)

 

Work study

Work study Federal Work-Study helps provide part-time jobs for undergraduate and graduate students with financial need, allowing them to earn money to help pay education […]

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Unsubsidized loan

Unsubsidized loan For unsubsidized loans, a borrower is responsible for the interest that builds up on the loan while they are in school.

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Tuition repayment plan

Tuition repayment plan It’s important to first research financial assistance you won’t need to repay before considering student loans, but if you need additional assistance, […]

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Total loan balance

Total loan balance It is important to keep track of how much you are borrowing to pay for college. To find out the balance of […]

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Subsidized loan

Subsidized loan Subsidized loans are typically federal student loans. For all subsidized federal student loans, the U.S. Department of Education subsidizes (pays the interest on) […]

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Student loan servicer

Student loan servicer Your loan servicer is the company that sends you your bill each month. Servicers are companies that collect payments on a loan, […]

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Standard repayment

Standard repayment Unless you arrange for a different repayment schedule with your loan servicer, the standard repayment schedule is 120 months (10 years). Payments are […]

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Stafford loan

Stafford loan Stafford loans are a type of federal student loan that are either subsidized – the government pays the interest while you’re in school […]

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Servicemembers Civil Relief Act (SCRA)

Servicemembers Civil Relief Act (SCRA) The Servicemembers Civil Relief Act (SCRA is a federal law that provides protections for military members as they enter active […]

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Public Service Loan Forgiveness

Public Service Loan Forgiveness Public Service Loan Forgiveness is a program designed to help people manage federal student loan debt while pursuing a career in […]

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