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The Fresh Start program is a temporary relief program designed to help borrowers with defaulted student loans get back on track. Through the program, you can access a suite of benefits, which ...
Fresh Start is a relief program for defaulted federal student loan borrowers that ends on Sept. 30, 2024. ... You can enroll in the program for free to have your federal loans removed from default ...
The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [1]
Educational Credit Management Corporation (ECMC) is a United States nonprofit corporation based in Minnesota. Since 1994, ECMC has operated in the areas of student loan bankruptcy management and loan collection. ECMC is one of a number of guaranty agencies that oversee student loans for the United States Department of Education.
The Voluntary Flexible Agreement (VFA) was created by the United States Congress in 1998 during a reauthorization of the Higher Education Act of 1965. The VFA enables Federal Family Education Loan Program (FFELP) guarantors to develop programs and techniques to help borrowers avoid student-loan default and all of its negative consequences.
The federal student loan repayment pause is ending in October 2023. For borrowers whose loans were previously in default, the Fresh Start program offers an opportunity to move forward. If you...
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