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  2. Federal Perkins Loan - Wikipedia

    en.wikipedia.org/wiki/Federal_Perkins_Loan

    A Federal Perkins Loan, also referred to as a Perkins Loan, was a need-based student loan offered by U.S. Department of Education from 1958 until 2017. [1] Created as part of the Federal Direct Student Loan Program, the Perkins Loan served to assist American college students fund their post-secondary education.

  3. Federal student loan consolidation - Wikipedia

    en.wikipedia.org/wiki/Federal_student_loan...

    The Federal Loan Consolidation Program was created in 1986. In 1998, the United States Congress changed the interest rate to the aforementioned fixed rate weighted mean, effective February 1, 1999. Consolidation loans taken out before that date had a variable interest rate, determined by the individual FDLP loan origination center (e.g., in the ...

  4. Student loans in the United States - Wikipedia

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

    They qualify for discharge of Stafford, Perkins, and Federal Family Education Loan Program loans up to $77,500. [ 69 ] Any person employed full-time by a 501(c)(3) non-profit group, or another qualifying public service organization, or serving in a full-time AmeriCorps or Peace Corps position, [ 70 ] qualifies for discharge after 120 qualifying ...

  5. Pros and cons of consolidating student loans

    www.aol.com/finance/pros-cons-consolidating...

    Forfeiture of federal benefits: If you choose to consolidate federal student loans with a private loan, you lose access to federal loan benefits. These include income-based repayment plans along ...

  6. What Is the Saving on a Valuable Education Plan (SAVE)? - AOL

    www.aol.com/finance/saving-valuable-education...

    Interest Rate Management. Most income-driven repayment plans do not fully address interest capitalization. ... Federal Perkins Loans. No loans in default are eligible for SAVE.

  7. How the Fed rate changes impact student loan interest rates - AOL

    www.aol.com/finance/fed-rate-hikes-impact...

    Interest rates on federal student loans are always fixed. These rates are set on July 1 each year for loans disbursed from July 1 to June 30 of the following year.

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