Iden Student Loans
The Biden-Harris Administration’s Student Debt Relief Plan Explained
This plan includes loan forgiveness of up to $20,000. Many borrowers and families may be asking themselves “what do I have to do to claim this relief?” This …
One-time Federal Student Loan Debt Relief
This one-time debt relief is provided by the U.S. Department of Education (ED) as part of the Biden-Harris Administration student debt relief plan.
What are the chances Biden extends the student loan pause again? – The Hill
President Biden faces a ticking timer on the resumption of student loan payments by the end of the summer — but will he allow it to go off?
FACT SHEET: President Biden Announces Student Loan Relief for Borrowers Who Need It Most | The White House
A three-part plan delivers on President Biden’s promise to cancel $10,000 of student debt for low- to middle-income borrowers.
Supreme Court Won’t Block Student Loan Class-Action Settlement – The New York Times
Three schools challenged the settlement, which would forgive $6 billion, saying the Biden administration had colluded with plaintiffs and …
Common Asked Quetions
What are the different types of student loans available?
The different types of student loans available are federal loans, private loans, and parent loans. Federal loans are funded by the government and typically have lower interest rates and more flexible repayment terms. Private loans are offered by banks and other lenders and typically have higher interest rates and more rigid repayment terms. Parent loans are taken out by parents to help their children pay for college and typically have higher interest rates and more rigid repayment terms.
What are the eligibility requirements for student loans?
The eligibility requirements for student loans vary depending on the type of loan and the lender. Generally, to be eligible for a student loan, you must be a U.S. citizen or eligible non-citizen, have a valid Social Security number, be enrolled in an eligible degree or certificate program, and demonstrate financial need.
How do I apply for a student loan?
To apply for a student loan, you will need to contact the financial aid office at your school and complete the necessary paperwork. You may also need to provide proof of income, bank statements, and other financial documents.
What are the repayment terms for student loans?
The repayment terms for student loans vary depending on the type of loan and the lender. Generally, repayment begins after graduation or when the student drops below half-time enrollment. Repayment terms can range from 10-25 years, depending on the loan.