College Loan Consolidation, Federal Loan Consolidation, Private Loan Consolidation, Student Loan Consolidation

America's Top Student Loan Provider




Federal Student Loan Consolidation Facts
Many people, young and young at heart have the desire to continue their education. For most of them, that means taking out student loans to pay the exorbitant costs of higher education.

The cost of higher education has risen drastically over the past few decades.

This means that often, more than one loan is needed. In most cases, students will have these debts to pay when they graduate. Often, the employment that found after graduation is entry level or low paying and the student is left with huge debts that leave them almost penniless every month.

There is hope for those who have to choose which bills to pay every month.

Federal student loan consolidation was designed to assist the graduate by lumping all of their student debt into one bill to pay each month. This makes it easier by having to write just one check each month instead of several to different companies.

There are different programs that meet the needs of almost all that apply. Each of the programs will have a different interest rate.

When you first decide to apply for federal student loan consolidation, it is important that you research the subject as much as possible.

By doing a simple Google search, you will yield millions of links to information regarding federal student loan consolidation. You will find millions of links that can assist you in making a decision.

Ask questions until you are satisfied you understand the process. Once you have signed the papers, it is a legal and binding contract that you will have a difficult time backing out of.

Do not agree to pay a certain amount each month until you are sure that you will be able to meet that obligation. Make sure that the amount of your obligation will still allow you to pay your regular monthly bills.

There are many benefits to federal student loan consolidation. You are offered a much lower interest rate to make repayment of your student loans easier. Also, when you apply for this type of loan, you do not need any co signers, and a credit check is not done. The process is usually very quick, however it is important to remember that the interest rate will be higher.

Unlike other loans, a federal student consolidation loan does not have any fees or charges to apply. They also do not charge you any penalties for early repayment. This is a welcome relief to many who already have too much to repay.

You can apply for a federal student consolidation loan with any lender that you choose. Different lenders give most student loans. However, If all of your loans happen to be through just one lender, you must apply for your federal student consolidation loan with that lender.

Federal student consolidation loans offer a way to make repayment easier for the already stressed out graduate. There are several different plans that you can discuss with your lending institution to decide which one is right for you.



 


Article Title : Federal Student Loan Consolidation Facts
Comment not found for this article.
 
Comment

Related articles
• Student Loan Debt Consolidation - Reducing Your Debt Burden
• More About Student Loan Consolidation Programs
• Federal Student Loan Consolidation - What You Need To Know
• Information on Student Loan For Undergrads
• Student Loan Consolidation Information

Share this story:
  • BlinkList
  • blogmarks
  • del.icio.us
  • Digg
  • Facebook
  • Google
  • Sphinn
  • MySpace
  • NewsVine
  • Simpy
  • StumbleUpon
  • Technorati
  • E-mail this story to a friend!
  • Print this article!
  • Faves
  • Furl
  • Netvouz
  • Slashdot
  • Spurl
  • Yahoo! Buzz
 



EdFed introduces… Awareness… Learnal
At, EdFed, we proudly introduce 'articles on student loans' and 'Learnal - the journal to learn from', our free newsletter on student loan management, which is sure to keep you informed of the latest events and happenings in the student loan market. To receive your copy of the above just use the RSS feed below and add this to your "My Yahoo", blogs, newstickers, and other similar channels accepting distributable content.
Click here to sign up for our Weekly Newswire now!

How EdFed Helped others!
Thank you so much EdFed for handling my student loan consolidation, Your customer service team helped me through the E-sign process and I didn't have to deal with the hassle of snail mail and paper work. I definitely recommend you to friends and family.
- Mark C.  Cincinnati, OH
* Your Name: * Your E-mail Address:

We respect your privacy.
* Your Friend's name: * Your Friend's E-mail address:
Include a Message:
+ Privacy Policy

Student Loan Consolidation Info - How to Choose the Right Loan Company

This column is sponsored by Granted, America's top job search engine. The Career Resources column is presented by Granted, America's leading job search engine dedicated to getting people jobs.

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.

read more
CONSOLIDATION NEWS
Schools Will No Longer Receive Paper FAFSA Forms
(September 20, 2007)

news desk
CALCULATORS
Stafford Loan Payment Calculator
PLUS Loan Payment Calculator
Loan Consolidation Payment Calculator
Articles
Calculators
FAQs
Glossary of Terms
Loan Comparison Chart
Scholarship Search
One difference between EdFed and other lenders is that you do not become just a social security number in some gigantic database. Since you deal with only one loan specialist, our representatives will usually recognize you by name and remember your specific situation. We personalize our service and pride ourselves in ensuring your experience with our company is a pleasant one.
US School Directory
Comprehensive List of Schools at which EdFed Assists Students.
EdFed is a FFELP lender with lender identification number 834241.
© Copyright 2020 EdFed. All Rights Reserved.

Home · About Us · Contact Us · News · Sitemap
Career Advice · Tell a Friend · Privacy Policy · Resume Service
Resume Distribution Service · Post Resume · Job Search Course
EDFED NEWSLETTERS
Sign up for the latest news on student loans.
Email Address:
+ Most Recent Newsletter
+ Newsletter Archives