Welcome to Student Loans Guide
Consolidating Private Student Loans Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Sallie Mae Student Loans – What You Need To Know
from:Sallie Mae student loans are some of the most popular and common types of student loans in the United States. Sallie Mae student loans are available in both government and private form, and may be for undergraduate, graduate or even a consolidation loans. Since Sallie Mae is now a privately owned company, they are able to offer more diverse loan options for students than they have been able to in the past when they were under government loan restrictions.
Sallie Mae student loans are geared for different types of students and the parents of students that are attending colleges, universities and trade schools. They offer undergraduate, graduate and consolidation loans for students, and additional parent PLUS loans that are designed to assist families in supporting their children through their college years. Each loan type has its advantages as well as potential disadvantages, so researching and talking to a financial advisor at the college or university as well as taking a good look at your own financial standing is important before applying for any type of student or parent loan.
One of the benefits in obtaining Sallie Mae student loans is that all the various types of loans are offered through the Sallie Mae Foundation. This means that students and parents only have to work through one financial institute and typically loan paperwork is less demanding after the original or first year loan has been approved. Online forms and easy to access online information about the various types of loans offered by Sallie Mae make research as well as comparing loans side by side easy and straightforward. In addition Sallie Mae student loans are provided for graduate students either on a full time or part time enrollment basis.
Sallie Mae student loans include the federal Stafford Loan program which can be subsidized or unsubsidized, depending on the financial standing and circumstance for the student. In addition they offer the Signature Student Loan, which can be combined with a Stafford Loan to more completely cover the cost of higher education. In addition various grants, bursaries or scholarships are also factored into both the Stafford and Signature Student loans to ensure that there is enough funding for the requirements of the student. To apply for either loan a student has to be a permanent resident alien or a recognized international student as defined by the terms of the loan agreement and the federal government. International students may also apply for Sallie Mae student loans although they are required to complete a different type of application.
Consolidating Private Student Loans Specific links
Consolidating Private Student Loans News
Changes to student loans that you should know about - Pocono Record
Changes to student loans that you should know about Pocono Record Although federal student loans are generally more attractive than private student loans because of the flexible repayment terms and wide availability, Stafford loans do have borrowing limits that may not cover your entire need. |
7 tips for dealing with college debt - CreditCards.com
 CreditCards.com | 7 tips for dealing with college debt CreditCards.com "If your student loan payment would have been $300, you can amass $1800 in that time," Gobel says. "It's a nice starter." 4. Be careful about consolidating. Consolidation can make sense, experts say. For example, if you want income-based repayment and ... |
Paulson: Student loans raise the cost of education - Ventura County Star
Paulson: Student loans raise the cost of education Ventura County Star By Terry Paulson Want to know why the cost of a college education is skyrocketing? Look to some of our politicians. We've been sold that cheap student loans are the answer to making education affordable. Tom Coburn, the US senator from Oklahoma, ... |
Student Loans And How They Will Affect Your Credit - San Francisco Chronicle
Student Loans And How They Will Affect Your Credit San Francisco Chronicle For federal loans, the Federal Direct Student Loan Program allows you to consolidate most federal loans. In the case of private loans, you can apply for a loan and use it to pay off multiple private loans, so as to consolidate the amount and roll ... How I'm Repaying $120000 in Student Loans |
How I'm repaying $120k in student loans - MSN Money
How I'm repaying $120k in student loans MSN Money To simplify the repayment process and fix my interest rate, I am going to consolidate my federal student loans into one loan. Since I do not have any private student loans, I will be able to consolidate through the Direct Loan Consolidation program and ... |