Sentence examples for eligible for a repayment from inspiring English sources
You're not eligible for a repayment plan as long as you remain in default.
The upside is these students don't have to play any games in order to be eligible for a loan repayment.
If you filed for deferment, you are still eligible for an income-based repayment plan once your deferment period is over, says Mark Kantrowitz, publisher of FinAid.
If your debt is higher than, or a large percentage of, your salary, then you might be eligible for an income based repayment plan.
Depending on your individual circumstances, you may be eligible for an income-based repayment plan.
The parents' loans are also not eligible for income-contingent repayment, an earlier version of repayment help that's calculated a bit differently.
Loans taken out from a private lender, rather than the government, aren't eligible for federal repayment plans.
Some debt-mired millennials may be looking to President Obama's new effort to expand the number of distressed borrowers eligible for a generous federal student loan repayment plan.
Unlike federal loans taken out by students, Parent Plus loans aren't usually eligible for income-based repayment, a plan that helps reduce payments for students who have low salaries and significant debt by figuring payments based on their income.
In August 2015, the Government Accountability Office reported that 70% of borrowers in default were eligible for income-based repayment, an alternative that could have kept their loans in good standing.
