Posts tagged with ‘Loans

BAYERBoost scholarship offers experience and funds

May 31st, 2006

Applications are now open for an exciting new environmental scholarship scheme that offers senior secondary school and undergraduate tertiary students the chance to work in their chosen areas of study during the summer holidays.
Known as BAYERBoost, the scholarship scheme is the result of a partnership between Bayer New Zealand Ltd and the Royal Society of [...]

Consolidation can save on your student loan

May 30th, 2006

Got a pile of student loans to pay off?
Borrowers with the common Stafford and Plus student loans are likely to see their interest rates jump by about 2 percentage points at the end of May, adding thousands to the cost of repaying a typical loan.
So put July 1 on your calendar. That’s the deadline for [...]

Popular Student Loan Program Changing

May 30th, 2006

College roommates Celeste Steenburgh and Jessica Dreier have different majors but a common concern, mounting student loans.
“I’m already looking for that job that’s going to pay me enough money to be able to pay my bills and pay for my loans,” Steenburgh said.
“I’m very worried about paying it off,” Dreier said.
The average debt for [...]

Student loan rates on the rise

May 30th, 2006

A year ago, hundreds of thousands of students rushed to take advantage of a loophole allowing them to consolidate their student loans before they graduated and lock in the lowest interest rates in the history of the Federal Family Education Loan Program.
Now the loophole is closing, and while rates have moved higher, students and parents [...]

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

May 30th, 2006

As one of the nation’s leading FFELP student loan consolidators, American Education Services (AES) encourages students, parents and graduates with either federal Stafford or PLUS loans to consider loan consolidation now, before interest rates increase on July 1, 2006.
The federal Stafford student loan interest rate will be increasing by almost two percent, costing borrowers thousands [...]

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

May 30th, 2006

Student loan interest rates will climb 1.84 percentage points this summer — one of the largest increases in the history of the federally guaranteed student loan program. Students, graduates and parents who have student loans can avoid the rate hike if they apply to consolidate their student loans by June 30.
“Student loan consolidation is the [...]

Law School Loans Supports Petition to Rewrite Loan Payment Rules

May 24th, 2006

American families, students, parents, educators, and officials in the loan industry are getting behind a petition to change student loan repayment.
Concerned about how rising student debt and interest rates are affecting Americans, these citizens and groups recently petitioned Secretary of Education Margaret Spellings to make regulatory changes to loan repayment rules that would create more [...]

Student loan interest rates expected to rise

May 24th, 2006

If you still carry student loans or have children who have student loans, you’ll want to pay attention.
On July 1, interest rates for student loans are expected to increase up to 40 percent, according to Collegiate Funding. That means students with a debt of $20,000 could pay as much as $4,900 over the life of [...]

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

May 24th, 2006

With student loan interest rates set to rise between 1.5 and 2 percentage points on July 1, students and graduates should put a student loan consolidation application on the top of their reading list this spring. In the race to beat the rate hike, Sallie Mae, the nation’s largest consolidator of student loans, cautions borrowers [...]

New Student Loan Company, StuFund, Announces Launch

May 23rd, 2006

Student Funding Group, LLC. - - or StuFund — today launched its student loan business, offering FFEL and private loans to college-bound students nationwide, and support services to help families navigate the maze of educational lending options on the market.
The new company, believed to be the first minority enterprise in the student loan origination arena, [...]