Hi guys, Welcome to the Advanced Video Search Engine, and you are watching Saving on a Valuable Education (SAVE) Plan - The New Income-Driven Repayment Plan. That video is uploaded by Federal Student Aid at 2023-10-18T12:59:47-07:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [eSlDyy0Kef0]
| Name | Saving on a Valuable Education (SAVE) Plan - The New Income-Driven Repayment Plan |
| Video Uploader | Video From Federal Student Aid |
| Upload Date | This Video Uploaded At 18-10-2023 19:59:47 |
| Video Discription | Update: On July 18, 2024, a Federal Court issued a stay preventing the Department of Education from operating the Saving on a Valuable Education (SAVE) Plan. We are assessing the ruling and will be in touch directly with borrowers about how this will affect them. ------------------------------ The Saving on a Valuable Education (SAVE) Plan is the newest income-driven repayment (IDR) plan. Like other IDR plans, the SAVE Plan calculates your monthly payment amount based on your income and family size. In addition, the SAVE Plan has unique benefits that will lower payments for many borrowers. 00:00 - Intro 00:46 - Lower payments with the SAVE Plan 01:29 - How are loan payments applied? 01:41 - Interest subsidy for repayment 02:20 - Interest subsidy for a $0 monthly payment 02:38 - Interest subsidy example 03:04 - Benefits coming in 2024 Watch the full playlist: https://www.youtube.com/playlist?list=PL5C43A3FD801FDF45 Learn more about the SAVE Plan at https://StudentAid.gov/save Use our Loan Simulator to find out if the SAVE Plan is right for you: https://StudentAid.gov/loan-simulator To apply for the SAVE Plan, complete an income-driven repayment (IDR) plan application at https://StudentAid.gov/idr eSlDyy0Kef0 |
| Category | Education |
| Tags | Department of Education | FAFSA | FASFA | fafsa.gov | Federal Student Aid | college | university | school | career school | loans | student loans | grants | college grants | grants for college | college loans | school loans | student aid | financial aid | federal financial aid | student financial aid | students | college students | education | save plan | income-driven repayment | idr | student loan repayment | repay student loans |
