Internet Student Loans Company
Student
Loan Education
Undergraduate Student Loans
Undergraduate student loans come in the form
of Federal Stafford Loans, Perkins loans and private student loans.
Financing undergraduate studies is most
commonly completed through Federal student loans, with the addition of
private student loans if there is a need for
additional funds to meet total costs of attending college.
Graduate Student Loans
After
taking the GMAT and GRE, one should consider a graduate student loan.
You still need to fill out the FAFSA.
After
receiving your Financial Aid award letter, you'll know what kind of
position you are in with student loans.
Federal
Student Loans for graduate students come in the form of Stafford, PLUS
and Perkins loans.
Student Consolidation Loans
The landscape of the student loan
consolidation industry has changed with congress passing a new law.
Subsidies once offered to the lenders has now
been cut and those funds are being used to assist students.
Consolidation loans are still offered by most
lenders, and the Federal Government still backs these loans.
There are several useful resources on the
internet that lists multiple consolidation lenders.
Parent Loans for College Students
Parent loans for Undergraduate Students are
commonly known as Federal PLUS loans.
Limits vary and this is type of loan is for
Parents with good credit.
Benefit of the PLUS Loan is parents of
students can borrow federally guaranteed low interest loans.
The interest rate on the Federal PLUS Loan is
fixed at 8.5% as of July 1st, 2006
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