PPT-Loan Basics

Angela Parkoff Financial Aid Advisor Texas AampM New Aid Officers Workshop 2015 Agenda Student loan programs and regulations Application process and eligibility Repayment options Federal Student Loans. Select a used c ar of your choice 2 Fill up the application form 3 Submit the required documents to the financial institution in question 4 field investigation ill be conducted by the financial institution from whom the loan is being procured 5 Once 875 NO Monthly Principal Interest See Projected Payments below for your Estimated Total Monthly Payment 76178 NO Does the loan have these features Prepayment Penalty YES As high as 3240 if you pay o57375 the loan during the 57374rst 2 years Balloon A Creditworthy loan applicant or their cosigners must meet certain credit standards which include but are not limited to a two year history of continuous employment and a review of their income and expenses and credit history To determine your poten GECU: El Paso, Texas (TX51). GECU (TX51). Member-owned not-for-profit financial cooperative (aka: Credit Union). Located in El Paso, Texas . Chartered on August 30, 1932 under the name of Federal Employees Credit Union of El Paso. . Chad . Olson, . Assistant Director, Iowa . State University. IASFAA Fall . Conference - . November . 2014. Why look at Exceptional Circumstances?. Parents’ ability to borrow has changed. Lack of ability to borrow privately. Agreements. Post Restructuring. Provisions. Preamble. Amount and term of the loan. Representations and warranties. Conditions of lending. Provisions. Default Provisions. Description of collateral. Covenants of the borrower. December 2011. STUDENT LOAN REPAYMENT OPTIONS. Raina Chezem. Regional Director, Partner Solutions. Nelnet. Loan Servicing. GRACE PERIOD, DEFERMENTS, FORBEARANCE, AND FORGIVENESS PROGRAMS. GRACE PERIOD. Katia . D’Hulster. Overview paper objectives. NPL definition comparison . Interactions with IFRS. Good practice and further work. Objectives. Countries covered in the overview paper. Host countries. Agenda. Overview. Calculation components. Adjusting, Updating, Notifications. NSLDS processing. CPS processing. Overview. 150 % rule referred to as SULA (Subsidized Usage Limitation . A. pplies) went into effe. November 13, 2014. “You’re not making any sense at all!!”. 2. Law & . Regulations. Statutory Change. Public Law 112-141, Moving Ahead for Progress in the 21th Century Act (MAP 21), enacted July 6, . Presented by. (Department Name Here). Loan Life Cycle. Loan History and Repayment. Understanding your Income. Understanding Your Credit Report. Questions. Agenda. Loan Life Cycle. Loan Disbursement. Exit Counseling Sessions. Federal Student Loans. Federal Direct Subsidized Loan. Federal Direct Unsubsidized Loan. Parent PLUS Loan. Graduate PLUS loan. Federal Perkins Loan. Federal Direct Subsidized Loan. Need based loan for undergraduates only. Rural Utilities Service. Electric Program. US Department of Agriculture . 1. The EECLP is subpart to the existing regulation 7CFR 1710. This new subpart allows borrowers to make loans to their consumers for energy efficiency purposes. When do you do this process??. M4 Year. You will receive information from your servicer during your M1 year if you take out student loans.. You will get information from our office, website and bulletin board yearly..