Consolidating school loan debt

Rated 3.91/5 based on 997 customer reviews

You must have an FSA IDto access all services offered by this Web site. The FSA IDalso allows you to sign your If you have not previously received a Direct Loan or Federal Family Education Loan (FFEL), the Federal Government requires you to complete entrance counseling to ensure that you understand the responsibilities and obligations you are assuming.

The FSA IDserves as your identifier to let you access your personal information in various U. If you complete entrance counseling to borrow a loan as an , the entrance counseling fulfills counseling requirements for Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans.

Your school may have alternate entrance counseling requirements.

Check with your school's financial aid office to be sure that the counseling available on this Web site satisfies its requirements for entrance counseling.

consolidating school loan debt-57

90 or More Days Delinquent on any Debt:  Any open account that is currently 90 or more days past due.

At the end of the exit counseling session, you will be asked for information that will be included as part of your loan records.

You must provide the following: Your school may have alternate exit counseling requirements.

Debts listed above are not considered to be adverse credit if the combined total outstanding balance of those debts is less than ,085.

Charged Off Account:  Any account (open or closed) that has been charged off (written off) during the two years preceding the date of the credit report with a balance greater than zero.

Leave a Reply