This article contains valuable and comprehensive information about student loans, student loan forgiveness, and various types of loans available to students. Also, more details on Public Service Loan Forgiveness and loans for teachers and nurses will be discussed in this guide.
Education is the bedrock of today’s society and it is acquired at a steep price. The financial status of students in a tertiary institution is quite different and yet some may have a greater passion to attain the best academic achievement.
Taking out loans has left so many students owing huge debt.
However, millions of American students are about to have their loans cleared y the Biden administration. The Biden-Harris Administration plans to deliver debt relief to more than 30 million Americans according to a recent statement released by Ụlọ White.
Dị ka otu akụkọ si kwuo published by CNN, the Biden administration will be using existing student loan forgiveness programs to cancel another round of student loan debt. The Biden administration will spend about $7.4 billion to cancel student debt for over 277,000 borrowers.
Ego mbinye nwa akwụkwọ kacha mma bụ mbinye ego gọọmentị etiti nyere yana ọmụrụ nwa kwụ ọtọ ma ọ bụ dị ala. Ọzọkwa, ndị na-agbazinye ego nkeonwe gụnyere ụlọ akụ, ụlọ ọrụ mgbazinye ego steeti, kredit otu na ụlọ ọrụ ego ndị ọzọ na-enye ego mgbazinye ụmụ akwụkwọ.
Kedu ihe bụ mbinye nwa akwụkwọ?
Loans given to students are monetary aid to help students go through college. A student loan is organized to help students pay for essential fees and items in college. Tuition, supplies, books, and living expenses of students can be taken care of with this loan.
Dabere na Mahadum South New Hampshire, a student loan is money students can borrow either from the Ngalaba Education nke US or a private organization. The intent of taking this loan is to pay for college and repay the organization that provided the loan with interest.
Gụọ kwa: Indian scholarships na-amụ ná mba ọzọ
Ụdị mbinye ego ụmụ akwụkwọ dị
Currently, student loans in the United States are offered by two major lenders which are Ulo akwukwo ulo akwukwo na onwe ụmụ akwụkwọ mgbazinye ego.
Federal Student Loans are offered by the government of the U.S. while ego nwata akwụkwọ nkeonwe are offered by state loan agencies, banks, credit unions, and other financial institutions.
Mbinye ego Federal
The U.S. government implemented the Federal Student Loans to aid students financially through college. It is highly recommended to use federal loans as they are attached with additional benefits and are less expensive than private loans.
Enwere ihe ole na ole nwa akwụkwọ ga-eleba anya mgbe ọ na-achọ mbinye ego.
N'okpuru bụ uru agbakwunyere na mbinye ego gọọmenti etiti.
- A na-akwụ ụgwọ mgbazinye ego gọọmenti etiti ma ha nwere ọmụrụ nwa dị ala
- Inweta mbinye ego na-enweghị onye nkwado
- Enwere ike ịgbaghara nwa akwụkwọ mbinye ego: nke a gụnyere ịrụ ọrụ n'otu ọrụ dị ka nkuzi ma ọ bụ ọrụ ọha iji kwụghachi ego ahụ.
- Usoro nkwụghachi na-agbanwe agbanwe, dịka agbatịkwu ụgwọ na ndị na-akwụghachi ego na-akpatat
- Usoro nkwụghachi nke na-amalite ọnwa isii ka nwa akwụkwọ gụsịrị akwụkwọ n'ụlọ akwụkwọ
Ụdị anọ nke ego mgbazinye ụmụ akwụkwọ gọọmenti etiti maka kọleji
Mbinye aka na ntinye aka na ntanetị
Undergraduates with financial needs can take advantage of the Mbinye ego stafford enyere aka made available to them. The Subsidized Stafford loans enable students not to pay interest on any amount borrowed.
Mbinye ego edebanyeghị aha ozugbo
Undergraduate na gụsịrị akwụkwọ ụmụ akwụkwọ nwere Mbinye ego Stafford enweghị nkwado made available to them irrespective of their financial needs. The Unsubsidized Stafford loan is quite different compared to subsidized loans.
Gụọ kwa: Zenarị scam mmụta mmụta - Ihe I Kwesịrị Ịmara
Ego mgbazinye Federal Direct PLUS
Ndị nne na nna nke ụmụ akwụkwọ gụsịrị akwụkwọ na-adabere na ụmụ akwụkwọ gụsịrị akwụkwọ nwere ike iji ohere ahụ Ego nbinye Grad PLUS na nne na nna PLUS. Ọmụrụ nwa mbinye ego na-amalite ịbakọta ozugbo mbinye ego ahụ n'ihi na anaghị enye ego mgbazinye PLUS.
Ego mgbazinye Federal Direct Consolidation
Site na mgbazinye ego Consolidation, ị nwere ike ijikọ ọtụtụ ego mgbazinye ụmụ akwụkwọ gọọmentị etiti na otu mbinye ego, ma ka na-eritekwa uru nke mgbazinye ego gọọmentị etiti.
Gụọ kwa:Ọrụ 10 maka ogo na nchịkwa azụmahịa
Mbinye ego nkeonwe
Ndị a bụ mbinye ego nke onye na-agbazinye ego nkeonwe na-enye nke gụnyere ụlọ akụ, otu kredit, ụlọ ọrụ mgbazinye ego steeti, ma ọ bụ ụlọ ọrụ ego ndị ọzọ. A na-ejikọta mbinye ego nkeonwe yana ọnụma ọmụrụ nwa ma ọ bụ agbanwe agbanwe.
Ụmụ akwụkwọ ndị chọrọ ịzụrụ a chọrọ mbinye ego nkeonwe iji nweta akwụkwọ nkwado na ọmụrụ nwa anaghị akwado ya.
Kedu ihe mgbazinye ego nwata akwụkwọ mgbaghara?
Mgbaghara nwa akwụkwọ nwa akwụkwọ na-ewepụ ụgwọ ahụ ụmụ akwụkwọ to repay part of their loan or all federal student loans that they borrowed. Most students in colleges and universities have taken loans to finance their stay in school.
The loan enables students to pay for tuition, supplies, books, and other essential items.
Paying back these loans sometimes might be difficult and most students end up being in a huge amount of debt. It’s an alternative method for students to pay back loans collected and it’s available for certain types of loans.
Students who are in debt can work in a certain public profession which can be educational or military professions.
Ka Mgbaghara mbinye nwata akwụkwọ si arụ ọrụ
Student loan forgiveness exists to eliminate or take out parts of a student’s debt. Loan forgiveness applies to any student and student loan forgiveness applies to U.S. government-issued or government-backed loans and they amount to 92% of all student loans in the U.S.
However, loan forgiveness does not apply to private loans issued by banks, credit unions, state loan agencies, etc. There are situations where borrowers can have their loans forgiven or even better cancelled totally.
If you want your loans to be forgiven, you are mandated to apply and continue making payments until you get approval for your application.
Ụdị mgbaghara mgbazinye ego
Mgbaghara mbinye ego ọhaneze (PSLP)
The Public Service Loan Forgiveness Program is available only to those who work in public service jobs for nonprofit organizations or the government. Part of your loan can be forgiven if you provide volunteer work such as military service or medical practice.
Enwere ihe ole na ole achọrọ iji mezuo tupu agbaghara gị ụgwọ n'okpuru mmemme ọrụ ọha.
- Enyere gị iwu ịkwụ ụgwọ ntozu 120.
- A ga-akwụ ụgwọ mgbe ị ka na-arụ ọrụ dị ka onye ọrụ maka onye ọrụ ruru eru nke nwere ike ịbụ gọọmenti etiti, ala, ọchịchị ime obodo, ma ọ bụ òtù anaghị akwụ ụgwọ nwere ọkwa ụtụ isi.
William D. Ford Federal Direct Loan Programme bụ mbinye ego ozugbo gọọmentị etiti US tozuru maka mgbaghara mbinye ego ụmụ akwụkwọ. Ebinye ego nke ndị na-agbazinye ego nkeonwe nke a na-ewere na mbinye ego na-abụghị nke gọọmentị etinyeghị na mmemme a.
In a circumstance where the William D. Ford direct loan is unavailable to you, and you got a loan through the Mmemme mbinye ego Perkins, ị nwere ike ime ka ụgwọ ndị ahụ pụta dị ka a mbinye ego nkwado ozugbo.
Ntughari 2021 maka PSLF
Site na iwu mgbaghara nbinye ego ọhaneze nkịtị, a na-agụ ugwo a na-akwụ naanị na mbinye ego n'akụkụ 120 kacha nta. A tụlekwara ugwo mbu nke emere na mbinye ego mbụ na ị ga-anọrịrị n'otu n'ime usoro nkwughachi ego anọ nke gọọmentị nwere.
The U.S. Department of Education made an official announcement in October 2021, to loosen program restrictions and it lasts till October 2022.
Within this period, borrowers are likely to receive credit for previous payments made on loans, or else they won’t be eligible for Public Service Loan Forgiveness to reach the 12 payment mark.
Gụọ kwa: Ndi scholarships na-agụta dị ka ego?
Inyeghachi Nkwụghachi ụgwọ Ego
The U.S. federal government offers four major income-driven repayment plans and they enable you to cap your loan payment at a particular percentage of your monthly earnings.
If you are enrolled in any of these plans, whatever remains of your loan balance will be qualified for forgiveness after a time of 20 or 25 years based on the plan.
Those who benefit from these plans are people with huge loan balances. According to the National Consumer Law Center, only 32 individuals have had the honour to receive loan forgiveness via income-driven repayment forgiveness.
Otu esi etinye akwụkwọ maka mgbaghara mgbazinye ego ọhaneze (PSLF)
To successfully apply for Public Service Loan Forgiveness, you are required to fill out an Employment Certification Form annually and also make pay stubs, W-2 forms, or other requested documentation.
Agbanyeghị, ọ bụrụ na ị nweta ihe achọrọ maka ịkwụghachi, ị nwere ike nyefee ngwa mgbaghara mgbazinye ego ọhaneze ozugbo na Ngalaba Mmụta. Ozugbo akwadoro ya, a ga-agbaghara nguzozi mbinye ego ndị ọzọ.
Although the Public Service Loan Forgiveness Program is uncertain till there is a submission of a plan by U.S. President Joe Biden or Congress.
Enwere ike kewaa ịkwụ ụgwọ kwa ọnwa. Dịka ọmụmaatụ, ndị na-akpata ihe na-erughị $25,000 n'ime otu afọ na ndị di na nwunye na-akpata ihe na-erughị $50,000 agaghị emefu otu mkpụrụ ego n'ịgbazinye ego ha ruo mgbe enwere mmụba na ego ha na-enweta.
Mmemme Mgbaghara ndị nkuzi
The Teacher Loan Forgiveness Program was initiated to motivate teachers to work in elementary schools, secondary schools, and educational service agencies that specifically serve families with low income.
Every year, the list of low-income elementary and secondary schools is published by the U.S. Department of Education.
However, if a teacher wants a loan forgiven, they need to teach full-time for five straight years at a qualifying school. Once the process is completed, the teacher automatically becomes eligible to have $5,000 and up to $17,500 loans forgiven.
The types of loans that are eligible are directly subsidized and unsubsidized loans only. Currently, there are up to 13 U.S. states that provide loan forgiveness to teachers with different requirements.
The Teachers Loan Forgiveness Program can be applied upon completion of the Teacher Loan Forgiveness Application and submission to a loan servicer.
Gụọ kwa: Ọkà mmụta gọọmentị Federal maka Undergraduate / Postgraduate 2020
Mgbaghara mgbazinye ego maka ndị nọọsụ
Na ngalaba ahụike, ndị nọọsụ nwere ikike edebanyere aha, ndị otu ngalaba nọọsụ, na ndị nọọsụ nọọsụ, ndị na-arụ ọrụ na mpaghara nwere ụkọ ụkọ nwere ike iru eru ma gbaghaa ihe ruru 85% nke mgbazinye ego ha n'okpuru mmemme akpọrọ NURSE Corp Loan Repayment Program.
The qualified candidates can work for 2 years in an underserved area and have up to 60% of their student loan forgiven. An additional 25% of the loan can be forgiven for 3 years of working. Currently, 33 U.S. states offer loan repayment assistance and you can go to the official website for Loan Forgiveness for Nurses to check if your state is among the 33 U.S states.
Mgbaghara mgbazinye maka ndị dọkịta
A na-enye ndị nwere ọrụ na sistemu ahụike dịka ndị dibịa, ndị na-ere ọgwụ na ndị dọkịta ezé yana ndị ọrụ ahụike ndị ọzọ ọtụtụ ụzọ iji nweta mgbaghara mbinye ego.
Ọnụ ego a gbaghaara na ihe achọrọ dịgasị iche, nke a dabere na mmemme etinyere.
mmechi
Attending prestigious colleges and universities can be quite steep, hence the need for monetary assistance is crucial.
With federal and private student loans, students in colleges can take loans to help them get through school. Tuition, books supplies, and other essential items can be taken care of with these loans.
Aro:
- Kedu ka scholarships si arụ ọrụ? Ihe niile ị chọrọ ịma
- Otu esi enweta scholarships maka Ịmụ ná Mba Ọzọ
- Ndepụta nke ego ụmụ akwụkwọ na azụmahịa | Ntuziaka kacha mma
- 11 Ọmụmụ ihe mmụta mba ofesi maka ụmụ akwụkwọ mba ụwa
- Ndi scholarships na-agụta dị ka ego?
References
- Mahadum South New Hampshire: What is a Student Loan and How Does it Work?
- Washington (CNN): Biden to forgive $7.4 billion more in student loan debt for 277,000 borrowers
Nkume a-aza