Aug. 29th - When the fall semester starts and Congress returns to
work next month, students and their families may get a break on
the cost of borrowing to pay tuition...And it remains to be seen
just how much money these reforms will save student borrowers
and their families...
When considering which loans to pay your
school tuition with, borrow as much as
you can under federal programs before
turning to private lenders.
Since private lenders can set their own
rates, they will most likely be higher
than federal loan programs. You should
focus on federal instead of private
loans because federal loans are cheaper.
And shop around for federal rates; you
can save hundreds, if not thousands of
dollars!
We did all the homework for you - to help you
save.
Once you’ve left
school, a consolidation
loan can help ease
the burden of student loan repayment by bundling
all your student loans into a single loan with
one lender and one monthly bill. You might even
be able to cut your monthly payment nearly in
half.
Anyone with
qualifying federal student loans or federal
parent loans is eligible for student loan
consolidation.
Campus-Based Loans
Your
school is your lender. The loan is made
with government funds, and your school
contributes a share. You must repay this
loan to your school.
Federal Perkins Loans (PERK)
Health Professions Student Loans
(HPSL)
Nursing Student Loans (NSL)
William D. Ford Federal
Direct Student Loan Program
Direct
loans lent to borrowers directly by the
US Government.
Federal Direct Subsidized
Stafford Loans (DSS)
Federal Direct Unsubsidized
Stafford Loans (DUS)
Federal Direct Consolidation
Loans (DCON)
Federal Direct Parent Loans for
Undergraduate Students (DPLUS)
Federal Direct Loans for
Graduate Students ["Direct
GradPLUS"] (D3)
The
Federal Family Education Loan Program (FFELP)
FFELP loans are lent to borrowers by
private lenders such as banks, credit unions,
savings and loan associates, state
guaranty agencies, or other lenders that
participate in the program.
Federal Subsidized Stafford Loans (SS)
Federal Unsubsidized Stafford Loans (US)
Federal Parent Loans for Undergraduate
Students (PLUS)
Federal PLUS Loans for Graduate Students
["GradPLUS"] (GB)
Federal Supplemental Loans for Students
(SLS)
Federal Perkins Loans (PERK)
National Direct Student Loans (NDSL)
Loans for Disadvantaged Students (LDS)
Auxiliary Loans to Assist Students (ALS)
Federal Subsidized Consolidation Loans (SCON)
Federal Unsubsidized Consolidation Loans
(UCON)
Health Education Assistance Loans (HEAL)
Health Professions Student Loans (HPSL)
Nursing Student Loans (NSL)
Federal Insured Student Loans (FISL)
Guaranteed Student Loans (GSL)
3110
Camino De Rio South, Ste. 311, San Diego, CA 92108
