Search result for ‘repayment federal student loans

Student loan rates to go up July 1

…  and to 7.25 percent for Stafford loans consolidated during repayment, Nelnet said. Currently, consolidation loan interest rates are …  in repayment. Stafford loans are available from the federal government to graduate and undergraduate students. The new …

May 31st, 2006

Consolidation can save on your student loan

…  on your calendar. That’s the deadline for taking out a new Federal Consolidation Loan to refinance that older, variable-rate debt with a …  set up in several ways. Most borrowers choose the standard repayment option, which has fixed monthly payments for the life of the …

May 30th, 2006

Student loan rates on the rise

…  lock in the lowest interest rates in the history of the Federal Family Education Loan Program. Now the loophole is closing, and …  continue to rise. Rates on Stafford loans currently in repayment are also set to rise by as much as 2 percentage points, so graduates …

May 30th, 2006

Student Loan Borrowers Could Save Thousands of Dollars through Federal Loan Consolidation

…  encourages students, parents and graduates with either federal Stafford or PLUS loans to consider loan consolidation now, before …  percent, costing borrowers thousands of dollars more in repayment. By locking-in the current low interest rates and consolidating …

May 30th, 2006

Federal Student Loan Interest Rates to Rise Nearly 2 Full Percentage Points This Summer

…  — one of the largest increases in the history of the federally guaranteed student loan program. Students, graduates and parents who …  and deferment periods): 6.54 percent * Stafford Loans (repayment): 7.14 percent * PLUS Loans: 7.94 percent By law, interest rates …

May 30th, 2006

Student loan interest rates expected to rise

…  as low as 4.75 percent. For students who are already in repayment, they may receive a rate as low as 5.375 percent. Current student …  and have an 8.25 percent cap. Parents who have used the Federal PLUS program, the parent loan for undergraduate students, are facing …

May 24th, 2006

Word of Caution for College Students and Graduates: All Student Loan Consolidators Are Not Equal

…  student loan interest rates set to rise between 1.5 and 2 percentage points on …  a consolidation rate of 4.75 percent and a 20-year repayment term. The quarter-point interest rate discount for auto-debit …  addition, Sallie Mae offers combined billing for its Federal Consolidation Loan borrowers who have private education loans with the …

May 24th, 2006

Borrowing for college to get pricey

…  Web site. The variable interest rate on existing federal student loans will be recalculated by the U.S. Department of Education …  payments over the life of the loan by locking in a current repayment rate of 4.5 percent instead of letting the rate reset at the …

May 16th, 2006

Student loan loophole about to close

…  lock in the lowest interest rates in the history of the Federal Family Education Loan Program. Now the loophole is closing, and …  continue to rise. Rates on Stafford loans currently in repayment are also set to rise by as much as 2 percentage points, so graduates …

May 15th, 2006

Student Loan Rates Set for Record Increase; Fed Rate Hike Makes It Vital for Students and Parents to Consolidate Loans Now

Yesterday, the Federal Reserve unexpectedly raised target short-term interest rates to their …  it increasingly likely that interest rates on existing student loans, which are tied to the 91-day T-bill and reset on May 30, will …  allowing borrowers with high balances to extend their repayment term and lower the amount they pay each month. Borrowers also benefit …

May 13th, 2006

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