You are able to renew eligibility for new loans and funds and eradicate the loan standard by “rehabilitating” a defaulted loan.
You are able to renew eligibility for new loans and funds and eradicate the loan standard by “rehabilitating” a defaulted loan. To be eligible for FFEL or Direct Loan rehabilitation, you must make 9 monthly premiums within 20 times of the date that is due an amount of 10 consecutive months. The 9 away from …