Question by gwo_neg_la: Will there be a penalty for early repayment of my consolidated student loans?
I’m just finishing up grad school and my employer will give me a bonus every year that I would like to put towards my loan repayment. Is there typically a penalty for early repayment of a consolidated student loan?
Will a large lump sum payment postpone the due date on future payments, or will a payment be due every month despite the large single payment?
Best answer:
Answer by Suddenly Human It depends on the terms of your loans. Some privately consolidated loans do have prepayment penalties.
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Question by sound_of_the_silenced2: What would happen if government cut off all student loan programs?
Students couldn’t borrow money……Would that mean the colleges would have empty classrooms? Of course not. The colleges would have to react to this drop in demand by slashing cost and overhead so they could bring to tuition down to a level where people could actually afford to go. THATS WHAT WOULD HAPPEN.
But because of all this government aid and student loans, colleges don’t have to bring down costs.
So if you want cheaper and more accessible college shouldnt you want no more government aid or loans?
Norma Robinson, Assistant Director for Graduate Financial Aid at Barry University, discusses the random student loan verification process. For more information regarding financial aid at Barry University, please visit www.barry.edu Video Rating: 0 / 5
LOOK HERE FOR MORE INFO. AND VIDEO’S ON FINANCIAL AID. I MIGHT HAVE MISSED OUT ON SOME THINGS. THEREFORE, LOOK BELOW. Scholarship Scams www.finaid.org Ficnaancial Aid Basics youtu.be Applying for Financial Aid youtu.be Educational Grants & Financial Aid : How to Get College Grants youtu.be Scholarship Facts & Tips : Finding Free Scholarship Giveaways youtu.be Student Loans : How to Apply for Free Government Grants, Loans & Scholarships youtu.be
NextStudent Offers 2.75 Percent Federal Student Loan Consolidation Rate
Phoenix, AZ (PRWEB) March 21, 2006
NextStudent, one of the nation’s premier federal student loan consolidation and education funding companies, is pleased to now offer to qualified borrowers a 2.75 percent fixed student loan consolidation rate, with benefits applied.
The Deficit Reduction Act of 2005 recently passed and brought with it major cuts to the federal student loan program along with changes that will negatively impact federal student loan consolidation rates and regulations. Changes are set to take effect July 1, so eligible borrowers now can lock in low rates and reduce payments as much as 70 percent.
Question by iceman7468: how do i apply for international student loan?
i need international student loan…my school in not recognize by united states? is there any private lender out there?
Question by Leela: Is there a company that will consolidate personal loans with student loans?
a known company, with a good interest rate.
Best answer:
Answer by marshmallowovercoat I don’t know of one, but if you want to consolidate your student loans, go to thestudentmoneystore.com It’s easy. Rates depend on your credit rating, so you’ll get the best rate that you qualify for.
