Help with Federal loans and how they work please...?

Answer The Federal loan programs do 6 months exactly for the reason you mentioned. Most students are off for 3-4 months in the summer and this allows students to have a vacation without triggering the cla... Read More »

Top Q&A For: Help with Federal loans and how they work pleas...

What Loan company will take over my federal student loans when the loans are in default?

When your federal educational loans are in default, you have several options:You can repay the loan in full.You can negotiate a new payment plan with your lender.You can "rehabilitate" your loan.Yo... Read More »

What are federal VA loans?

VA loans are mortgages available to military veterans that are backed by the Department of Veterans Affairs in case the borrower defaults.AdvantagesThe major advantage of a VA loan is that you do n... Read More »

Federal Loans and Grants?

If you go to the FAFSA website you can apply for student loans. Each state has several grants you can apply for. Most people under a certain income level are usually granted a Pell Grant. Here is t... Read More »

Can I consolidate both private and federal student loans together?

On One Hand: Consolidate Separately to Save Money.Federal and private student loans are not eligible to be combined together under federal consolidation loan plans. Federal student loans generally ... Read More »