Search result for ‘repayment of federal student loans

Deadline nears for student loan consolidation

…  season comes every year, so too does the quandary of whether students and their parents should consolidate student …  are in a grace or deferment status. Loans for borrowers in repayment will be set at 7.14 percent. Although lenders make it seem as if …  going to school at least part time. Recent changes in federal legislation will prohibit in-school borrowers from consolidating …

June 25th, 2006

All student loan borrowers can now consolidate with American Education Services

…  loans with any eligible lender, including those who offer lower interest rates, rebates, better repayment terms and quality customer service. “We’re thrilled with this …

June 25th, 2006

Grads urged to lock in college loan rates

…  costs keep spiraling upward, and now the cost of borrowing to pay for higher education is about to spike, too. Students …  this year in education loans issued or guaranteed by the federal government. Now only those who act quickly will be able to keep a lid …  along with them. Last June, rates on Stafford loans in repayment stood at 3.37 percent. On July 1, they will top 7 percent. …

June 23rd, 2006

Single-Lender Rule Repealed; NextStudent Offers Low Student Loan Consolidation Rates

…  from consolidating their student loans with the lender of their choice was repealed June 15, 2006 when President Bush signed into law …  interest rate that is locked for the loan’s life. Repayment terms can be extended and thousands saved over the long …

June 23rd, 2006

College loan rates go up July 1

…  college costs spiral upward, the cost of borrowing to pay for higher education is about to spike, too. Students …  this year in education loans issued or guaranteed by the federal government. Now, only those who act quickly can keep a lid on the cost …  along with them. Last June, rates on Stafford loans in repayment stood at 3.37 percent. On July 1, they will top 7 percent. There’s …

June 21st, 2006

It’s not too late to beat student loan rate hikes

…  second largest interest rate hike in the history of the student loan program is only weeks away and local students will be among …  and 7.25 percent for Stafford loans consolidated during repayment. Currently, those rates are 4.75 percent and 5.375 percent. The …

June 13th, 2006

Student Loan Consolidation: Thousands of Dollars At Risk If College Graduates Delay

…  good, taking away diplomas, friendships, and an average of $23,000 in federal student loans. The first shock of life after college may …  no credit checks, no cosigners, and no penalties for early repayment if you suddenly land a great paying job after graduation,” he …

June 11th, 2006

Student Loan Consolidation: Thousands of Dollars At Risk If College Graduates Delay

…  good, taking away diplomas, friendships, and an average of $23,000 in federal student loans. The first shock of life after college may …  no credit checks, no cosigners, and no penalties for early repayment if you suddenly land a great paying job after graduation,” he …

June 7th, 2006

Consolidate student loans before rates rise

…  is just not an option,” says Mark Brenner of College Loan Corp. “It’s time to act now.” Act by June 30 and the current …  interest rate and 7.14 percent interest once they are in repayment. PLUS loans will carry a 7.94 percent rate. College Loan Corp. …  up to almost $5,000 over 20 years’ repayment. The new federal law’s other changes, effective July 1, include: Stafford loans: …

June 6th, 2006

College debts weigh on grads

…  by the time he or she graduates, and nearly two-thirds of students who graduated in the 2003-2004 school year used loans to pay for …  enormous financial pressure. Many are delaying loan repayment with graduate school, she said. “It becomes a, ‘What …

June 5th, 2006

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