Banklady Credit Doctor

Student Loans and Consolidation

Students can still consolidate their loans at rates at all time lows. It is also possible for the first time this year to consolidate bank-based Stafford loans while still in school. You can do this by putting them in repayment status then asking to defer payments until graduation.Few students can afford to pay for college without some form of education financing. Two-thirds of undergraduate students graduate with some debt, and the average debt is over $20,000. Graduate and professional students seeking Masters degrees and Doctorates borrow even more enormous amounts. Grants, scholarships, work-study and other forms of aid do not cover the full cost of a college education. Student Loan rates are going up along with other interest rates. On July 1, 2005, the federal government reset the student loan interest rates from 1.625% to 3.45%. Student PLUS loans went from 2.17% to 4.1%. Now is the time to get into a student loan or PLUS loan while rates are still low.Many students find that they must supplement their savings with government and private loans. Education loans come in three major categories: student loans, parent loans and private loans. A fourth type, consolidation loans, allows the borrower to lump all of their loans into one loan for simplified payment. We now offer tips on student loan defaulting, EstudentLoan and FinancialAid to help you find the best loan that suits your individual needs.
Financial Aid Online offers great research for college students before and after college on loans and university expenses and gives you a choice of what lender you want to pick!

  • HIGHLY RECOMMENDED
  • LOW INTEREST
  • Comparison shop among the 10,000 schools in their database! Find out how much it really costs to go to the school of your dreams…
  • FREE MONEY! There are thousands of scholarships available to all type of students! You don’t have to finish first in your class to qualify for a scholarship…
  • Are you wondering what the difference is between a Stafford and PLUS loan? In the LoanZone you will get a student loan education and the ability to apply online!
  • Explore and educate yourself on the financial aid process. Chat live with your personal FinancialAid Concierge. A great place to start for first time students and family!
  • Compare to Wells Fargo and Federal Stafford Loans
  • Reduce Monthly Payments up to 70 %

Student Credit Library: Student Loan Consolidation Program | Learn more about Federal Student Loan Consolidation | FAFSA Application | Great Lakes Student Loans | Where are my student loans? | Default Student Loan | College Costs | Surviving after graudation
Tips to getting more out of a financial aid loan…

  • The worse you make your finances look (legally), the more need-based financial aid you will recieve. You have until you file for financial aid to make big purchases like a car or big ticket purchases to make it look like you are more stressed on cash and thus get more in financial aid. So, go out and buy something you have to pay off and in return get more in need based student aid. Contribute to a 401k or retirement planto shelter some assets from what schools look at when they factor in how much you are worth. Another way to get rid of liquid cash sitting around is to pay off bills and any debt you have. The more and more money you put in other places or big purchases you make will help you gain power to larger funding when it comes to financial aid.
  • Keep in mind that most financial aid is offered in the form of a loan and not scholarships or student grants so its best to prepare before you complete your financial aid form. Know that there are many scholarships available to supplement your financial aid including minorities (blacks, women, hispanics, latinos, native americans, etc.), teachers, cancer patients, graduates, management, single mothers, accounting, law school, and various professional positions.
  • Compare financial aid plans from the entire US including Florida, University of Phoenix plans, Michigan and so on.. learn more about the most important form the Free Application for Federal Student Aid (FAFSA), administered by the Department of Education. Find out how to make the FAFSA benefit you the most from our online servicing center that compares to sally mae and federal consolidation student loans!
  • Bad Credit Student Credit Cards – Prepaid Cards
  • Student UPSide Prepaid Card
  • Cool Design Student Card – features Tropical, US Flag, Blue Circles design, Clear Student Card, and more.
  • Fundraising or Income Student Credit Cards – Handout applications and make yearly income easily by signing up for any of the Eufora Credit Cards.