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College Foundation Unemployment Defement Form

College Foundation Unemployment Defement Form

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if you have student loans and you can't afford to make your monthly payments you may want to consider delaying your repayment the two main ways to delay payment on your student loans are through deferment and forbearance with both methods you are basically putting off making payments on your loan the difference is that deferment can cost less than forbearance first let's look at deferment you may have the option to defer your federal loans if you're back in school in the military or if you've become unemployed and have a financial hardship these aren't the only scenarios you can take a closer look at studentaid.ed.gov to see which situations qualify in any case let's start with a standard 10-year repayment plan where you've got thirty thousand dollars in loans with fifteen thousand subsidized and fifteen thousand unsubsidized at a four percent interest rate on a standard ten-year plan you would be paying about three hundred five dollars a month let's say you decide to continue your edu

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