Bankruptcy and a Federal Student Loan

By Richard Shelmerdine

If you are looking for information on bankruptcy and a federal student loan then you have come to the right place. You may feel that your federal student loan is making your financial life hell at the moment but it does not have to be like that. Bankruptcy is and should always be [...]

Total Education Indebtedness

Total Education Indebtedness is the sum of a Direct Consolidation Loan, and other eligible education indebtedness, up to an amount equal to the Direct Consolidation Loan. Total Education Indebtedness is used to calculate the number of payments under the Standard and Graduated Repayment Plans.

Student Loan Status

The present state of your Subsidized, Unsubsidized, PLUS, or Consolidation loan(s).
An account will be either:

in-School
in-Military
grace
repayment-current
repayment-delinquent
deferment
forbearance
paid-in-full
suspended
default

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• Tags

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