federal stafford loan
It is incorrect to consider student loan debt consolidation asjust another loan. As a debt consolidation loan, the studentloan debt consolidation consolidates the entire debts, preparesa list of debts incurred, and then settles them through a singleloan.
Stafford loan limits increase for college underclassmen (Ball State Daily News)
Effective this week, college freshmen and sophomores can receive more help in paying for school and expenses through federal Stafford loans. Federal legislation passed earlier this year and effective July 1 adds $875 for freshmen and $1,000 to sophomores maximum loan limits.
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SimpleTuition Adds Student Loans from KeyBank: Now Families Have Even More Federal and Private Loan Options to Choose ... (PRWeb via Yahoo! News)
SimpleTuition, Inc. (www.simpletuition.com), a company dedicated to helping students and parents make sense of education financing choices, today announced a partnership with KeyBank, (NYSE: KEY) one of the nation's largest bank-based financial services companies. As a result, KeyBank federal and private student loans for undergraduates, graduate students and parents are now available through ...
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U.S. House votes to cut student lender subsidies, halve interest rates, increase grants (bizjournals.com via Yahoo! Finance)
The U.S. House of Representatives voted July 11 to cut $19 billion in federal subsidies to student lenders, increase the value of Pell Grants and cut interest rates on Stafford and other federally subsidized student loans in half from 6.8 percent to 3.4 percent over the next five years.
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Student Loan Rates Could Decrease (R News)
WASHINGTON, D.C. – The House approved legislation to cut interest rates on student loans. To pay for the proposal, lawmakers would cut about $19 billion in federal subsidies to banks that issue government-backed student loans.
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Kids Can Repay Mom & Dad for College (KiplingerForecasts.com)
Taking out a federal loan for parents is a great way to borrow for college. But how can you ensure your child pays you back for the money you borrow?
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$25B Sallie Mae buyout may collapse (Moldova.org)
A $25 billion deal to buy out Sallie Mae, the U.S. student loan firm, could collapse because of pending federal legislation, prospective buyers said.The group, led by private-equity firm J.C. Flowers & Co., told SLM Corp., commonly known as Sallie Mae, that congressional legislation, which would cut federal subsidies to student lenders, could result in a failure of the conditions to the closing ...
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Curry Back in Court (R News)
The Henrietta woman accused of stealing the identity of actress Nia Long and singer Ashanti was back in federal court Thursday morning. Shameika Curry is accused of using the actress and singers identities to apply for credit cards over the Internet.
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MyRichUncle(TM) Announces Their 2007 Federal Loan Products and Benefits (PR Newswire via Yahoo! Finance)
Today, MyRichUncle announced the details of their Federal Family Education Loan program, which includes Stafford, PLUS and Graduate PLUS loans, for the 2007-2008 academic school year.
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Teens Admit to Risky Driving Habits (R News)
A new survey shows an alarming number of teens engage in risky behaviors while driving. AAA and Seventeen Magazine surveyed 1,000 16 and 17-year-old drivers.
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Man Indicted in Deadly 590 Crash (R News)
A Monroe County grand jury indicted the Cortland County man who drove the wrong way down Interstate 590 and was involved in a crash that killed two young people.
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No one is as interested as you are in helping you financially through college. You shouldn’t let anything up to chance and hope it will work itself out in the end because it won’t. In loan cases nothing should be left up to chance. If you don’t make the best decision, someone else will choose for you and his decision might not be in your best interest. Before getting a loan, you should have a plan that includes every aspect of the loan: period of time, desired interest rate, repayment method and involved sums. If you go unprepared, it’ probably won’t go as you would like it to. There are a lot of possible standard plans made for many options. One of the plans is meant for those who can support a student loan payment.
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