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

America's Top Student Loan Provider




Student Loans Are More Accessible Than Ever
Student loan applications are simpler than ever, thanks to an easy-to-use online application process. The first step to completing your student loan application is to fill out the Federal Application For Student Aid, otherwise known as the FASA. This can be can be done quickly and painlessly by going to the FASA website, and following the prompts. Make sure have your driver's license, social security number and a copy of your latest income tax forms, as you will need them. You will also need the FASA code for the school you will be attending, but this can be found easily on the FASA website.

Approximately three weeks after completing your FASA, you will receive your Student Aid Report (SAR) in the mail, which will detail what type of federal aid you qualify for. Two weeks after receiving your SAR, you should get an awards letter from your school, detailing what kind of federal loans, scholarships, awards, work-study or other student aid is available to you. Once you've selected the financial aid you want and returned your award letter to the school, you're ready to apply for your student aid.

The major bulk of student aid comes in the form of Stafford Loans. These are loans that are provided by the federal government, for students trying to pursue a higher education. Stafford Loans generally come in two forms. The first (and most recommended) form of Stafford Loans are known as subsidized Stafford Loans. These loans are for students who demonstrate obvious financial need in funding their education. The great thing about a subsidized Stafford Loan is that the U.S. Department of Education pays any interest that accrues while the student is in school, and again during the loan deferment period that occurs for the first few months after the student graduates. Unsubsidized Stafford Loans are much the same, only the student is responsible for paying all interest on the loan that accrues while he or she is in school. In almost every case, a student will receive a portion of their federal student aid in subsidized Stafford Loans, and another portion in unsubsidized Stafford Loans.

Once you know which Stafford Loans you want, it's time to choose a lender. I highly recommend the site Simple Tuition, because it's quick, easy to use, and has a great feature where it actually compiles potential lenders into a side-by-side spreadsheet, where you can easily compare interest rates, terms of loans, overall costs of the loans, minimum monthly payments required, the security level of the loan, and all the other information you should compare in order to find the best lender for your needs. Once you've selected a lender, the website will automatically direct you to that institution's loan application and you can get started applying for your loan. All Stafford Loans are sent directly from the lender to the school, where it will be directly applied to your account.



 


Article Title : Student Loans Are More Accessible Than Ever
Comment not found for this article.
 
Comment

Related articles
• Stafford Student Loans
• How to Determine Which of the 8 Types of Student Loans is Best For You
• Apply for a Student Loan
• Federal Perkins Student Loans
• Student Loans 101

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!
Trust me I have called many different consolidation companies and none of them compare to EdFeds great Customer Service. They are defiantly on top of things. They were the seventh call and out of all the other people I had previously spoken with they were the only ones to help me with all my questions and concerns. They made me feel comfortable about the consolidation process and my decision to choose them.
- Kenneth S.  Denver, CO
* 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
Federal loan consolidations are guaranteed by the government, and they carry the same protections and benefits as your federal student loans.
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