Posts tagged: Federal Student Loan

Understanding a Private Student Loan Consolidation

Understanding a Private Student Loan Consolidation

A private student loan consolidation should not be confused with a federal consolidation. There are different terms and conditions that are involved in a private student loan that would create problems if they were to be consolidated with federal loans. Furthermore, federal consolidations have other benefits that would be null and void if they were consolidated with private loans. A private student loan consolidation is handled by a private compa Read more »

Student Loan Consolidation: Replace your Variable-rate Student Loans With One Fixed-rate Loan

Student Loan Consolidation: Replace your Variable-rate Student Loans With One Fixed-rate Loan

If you’re a parent or ex-student who took out any Federal PLUS Loans or Stafford Loans prior to July 1, 2006, those student loans are subject to variable interest rates that will adjust every year. When interest rates rise, your monthly student loan payments may also go up. If you’re on a tight budget, higher monthly payments may prove difficult to manage. Do you wish, instead, you could have a set monthly payment for your federal student loans t Read more »

Students Scramble to Find Student Loans as Fall Semester Draws Near

Students Scramble to Find Student Loans as Fall Semester Draws Near

It’s crunch time for college students trying to secure the money they need for the fall semester. But with lenders continuing to suspend their student loan programs — the count now stands at 131 federal loan lenders and 30 private loan lenders — students may find themselves challenged to locate lenders that are still offering federal or private student loans.

In an attempt to help lenders be able to continue making new federal student loa Read more »

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