Second Chance Program, Federal Plus Loan, Plus Loan Application

America's Top Student Loan Provider

For those refused a federal PLUS loan, EdFed offers another option - the EdFed Second Chance Program. You will be explained by an EdFed representative why your loan application was not approved and also suggested how to get an approval.

In case of questions that arise after your credit decision, please speak with a representative at (800) 821-5659.

How EdFed Helped others!

My private loans had a 15% interest rate and I had called EdFed to see what they can do for me. The woman that I was working with started an application for me and ran my credit to see what my interest rate would be and its actually 8.6% I was so happy. Thank you for your help.
- Kathryn B. Atlanta, GA

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		Our Select 5/Graduated Payments repayment option allows for interest-only payments for the first 2 years of repayment. In the third through fifth years, payments increase to include a portion of principal. In the sixth year, payments increase to level installments of principal and interest payments for the remaining term of the loan.

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(800) 821-5659

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Education is one of the most basic right of any human, but with the increase in prices and the costs involved in education this has made these rights turn into a privilege which very few can enjoy. Any normal person today in the whole of United States has to take an education loan at one point of time to pay for their education fees.

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CONSOLIDATION NEWS

	Schools Will No Longer Receive Paper FAFSA Forms (September 20, 2007)
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