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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!
I really admire the entire EdFed organization along with their loan counselors and customer service representatives. Very professional and a tremendous help.
- Don W.  Las Vegas, NV
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The fixed interest rate for a consolidation loan is based on the weighted average of the interest rates of the loans being consolidated, rounded up to the nearest one-eighth of a percentage point.
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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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