Tag: Student Loan Consolidation

Student Loan Consolidation

October 11, 2020 Off

The student loan consolidation is a good idea to cut the monthly cost of attending college. We all understand that attending college is vitally important. Many of us, even once married, continue with college to complete our education. This is true because you will have a much better future when you have a college degree, and it is true, no matter where you live.

To help achieve this fundamental objective, student loans are often necessary, and are ready to help you meet your financial obligations are going to college. However, many times, students end up deeply in debt because of all the loans they’ve taken. If this happens to you is, do not despair. It may take some load off by consolidating student loans, but you should shop around to make sure you get the best deal in an attempt to break free from debt. Best loan consolidation programs can reduce your monthly payments by up to 50%, and it would be hard to find a better deal than. Reduce your student loan payment by using consolidation can put money in your pocket every month to help pay your car payments and living costs or simply enjoy a recreational activity. Also, since you are able to meet the payments on time because they are smaller, will better reflect the credit rating and might even improve a credit rating term.

If your student loan federal direct student loans is you can qualify for a federal consolidation loan program, which could reduce your payments by 50%. In addition to lower monthly payments, you can also get a lower interest rate that will protect you against inflation and lead to lower payment charges.

One of the nice things about the consolidation program that goes through the federal student loan direct is that it is very easy to use, and there are no fees or credit checks. So it’s an easy way to enter a consolidation program without additional costs and put more money in your pocket if Every months, you can pay your student loans easier.

If you do not know if your student loans are the type that can be a federal direct student loan consolidation, you can visit their online site. You can also find more information there to answer any questions you may have. You can also check the financial aid office for more information about your college – they can tell their own types of loans and how you can strengthen them. If you do not know if student loans are under the direct federal student loan, you can check on the Internet. Adapting your loan to see if they qualify for the best program of student loan consolidation. You can also find information on the Internet you can use to help him get on his knees in debt.

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Student Loan Repayment Simplified with NextStudent’s Federal Consolidation

October 4, 2020 Off

Are you getting ready to graduate? Well, along with college graduation comes the much-dreaded student loan repayment. If you were lucky enough to qualify for subsidized student loans, the government has been paying the interest on your student loans through school; if you had to take out unsubsidized student loans, your interest has been accruing. Either way, six months after graduation your grace period ends and it is time for you to begin repaying your student loans.

NextStudent, a leading Phoenix-based education funding company, recommends that you start shopping around for student loan consolidation loans as soon as possible. Student loan consolidation is a great way to manage your monthly student loan payments. Not only will you lock into one loan at one fixed interest rate, it also is possible to reduce monthly payments by up to 60 percent and eliminate the hassle of dealing with multiple payments to different lenders.

Do Your Research before Selecting a Student Loan Consolidation Lender

Frequently, college financial aid offices offer students a list of Preferred Lenders for all of their financial needs, from Stafford loans to student loan consolidation loans. However, students are not required to work with the lenders on those lists and instead should shop for a company that best suits their needs.

Just like every student is different, every lending company has its own character, ethical standards and quality controls. Borrowers should be selective and choose their lender carefully, making sure to consider and compare the reputation and integrity of the company, level of customer service provided, and the individual student loan consolidation incentives offered.

NextStudents LOCKED Discount

The federal government sets the base interest rate on all student loans, including student loan consolidation. The only true differences the consolidation loan lenders provide are the incentives offered by each company. For example, in an effort to extend significant savings to borrowers, NextStudent offers a 1 percent LOCKED interest rate discount after 36 consecutive on-time payments, which borrowers retain for the life of their student loan, while other lenders may revoke their benefits for a single late payment. NextStudent also is committed to providing outstanding customer service and the best incentives in the industry.

Some of NextStudents Federal Consolidation Loan Benefit Packages:

Package #1
1 percent LOCKED interest rate reduction after 36 on-time payments
.25 percent interest rate discount for Auto-Debit payments

Package #2
2 percent interest rate reduction after 36 on-time payments (not locked)
.25 percent interest rate discount for Auto-Debit payments

NextStudent believes that getting an education is the best investment you can make, and it is dedicated to helping you pursue your education dreams by making college funding simple. Learn more about Student Loans, Private Student Loans and Student Loan Consolidation at NextStudent.com.

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Student Loan Repayment Simplified with NextStudent’s Federal Consolidation

September 4, 2019 Off

Are you getting ready to graduate? Well, along with college graduation comes the much-dreaded student loan repayment. If you were lucky enough to qualify for subsidized student loans, the government has been paying the interest on your student loans through school; if you had to take out unsubsidized student loans, your interest has been accruing. Either way, six months after graduation your grace period ends and it is time for you to begin repaying your student loans.

NextStudent, a leading Phoenix-based education funding company, recommends that you start shopping around for student loan consolidation loans as soon as possible. Student loan consolidation is a great way to manage your monthly student loan payments. Not only will you lock into one loan at one fixed interest rate, it also is possible to reduce monthly payments by up to 60 percent and eliminate the hassle of dealing with multiple payments to different lenders.

Do Your Research before Selecting a Student Loan Consolidation Lender

Frequently, college financial aid offices offer students a list of Preferred Lenders for all of their financial needs, from Stafford loans to student loan consolidation loans. However, students are not required to work with the lenders on those lists and instead should shop for a company that best suits their needs.

Just like every student is different, every lending company has its own character, ethical standards and quality controls. Borrowers should be selective and choose their lender carefully, making sure to consider and compare the reputation and integrity of the company, level of customer service provided, and the individual student loan consolidation incentives offered.

NextStudents LOCKED Discount

The federal government sets the base interest rate on all student loans, including student loan consolidation. The only true differences the consolidation loan lenders provide are the incentives offered by each company. For example, in an effort to extend significant savings to borrowers, NextStudent offers a 1 percent LOCKED interest rate discount after 36 consecutive on-time payments, which borrowers retain for the life of their student loan, while other lenders may revoke their benefits for a single late payment. NextStudent also is committed to providing outstanding customer service and the best incentives in the industry.

Some of NextStudents Federal Consolidation Loan Benefit Packages:

Package #1
1 percent LOCKED interest rate reduction after 36 on-time payments
.25 percent interest rate discount for Auto-Debit payments

Package #2
2 percent interest rate reduction after 36 on-time payments (not locked)
.25 percent interest rate discount for Auto-Debit payments

NextStudent believes that getting an education is the best investment you can make, and it is dedicated to helping you pursue your education dreams by making college funding simple. Learn more about Student Loans, Private Student Loans and Student Loan Consolidation at NextStudent.com.

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NextStudent’s Web Tools Make College Loan Planning Easy

June 16, 2019 Off

As high school seniors diligently work their way through their first Free Application for Federal Student Aid (FAFSA), parents should be monitoring where their children are in the college funding process so they can help plan accordingly.

NextStudent, the Phoenix-based premier education funding company, offers a wide array of online financial planning tools to help students and their families wade through the waters of college financial planning.

Financial Aid Calendar

The first step in the process is to be aware of what is expected of you as a student and as a parent. Even though its April, check the Financial Aid Calendar to double check where you are in the process and keep on track. This also is the perfect time for high school seniors to get a jump-start on next year and see what will be expected of them as college-bound seniors.

Search for Free Money

The college funding cycle begins with the search for scholarships, or Free Money. Local and national scholarships are an important avenue to explore because they can help cut the costs of financial aid that has to be repaid. NextStudents FREE Scholarship Search Directory has a total of 2.4 million scholarships from 42,000 funding sources with total awards of $3.4 billion.

Financial Aid Guided Tour

For another in-depth look on what to expect when applying for financial aid from a NextStudent Financial Aid Advisor, take NextStudents Financial Aid Advisor: The Guided Tour.

Financial Aid Frequently Asked Questions

If students and parents have specific questions regarding financial aid and their best options, find the answers in NextStudents Financial Aid Frequently Asked Questions.

Budget Calculator

As high school seniors all across the country begin receiving their acceptance letters and have completed their FAFSA forms, they will begin to receive Award Letters from each of the schools to which they have been accepted. These letters will explain the type of aid and amounts for which they qualify.

At this time, students and their parents should begin work on or revisit their college-budget and just how much they will be responsible to pay in the coming year. NextStudents FREE College Budget Calculator can assist in refining the college budget and establishing how much additional money students will need.

Both Stafford student loans and Parent PLUS Loans for Undergraduate Students (PLUS) are available through NextStudent. Because individualized service is a top priority at NextStudent, every customer is personally assigned an Education Finance Advisor to guide students through the student loan process from start to finish. If students and parents find that there is a gap in their education funding, NextStudent also offers private student loans with borrowing limits of up to $40,000 annually.

NextStudent believes that getting an education is the best investment you can make, and it is dedicated to helping you pursue your education dreams by making college funding simple. Learn more about Student Loans, Private Student Loans, and Student Loan Consolidation at NextStudent.com.

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Can Student Loan Consolidation Companies Help

January 27, 2019 Off

Are you sick of forking over interest on your monthly student loans with no end in view? Frightened of cash-flow difficulties that might prevent you from paying your student loans on time? I understand I was and there can be a remedy to this problem. It is known as student loan consolidation.

Exactly what is Student Loan Consolidation?

Student loan consolidation just means consolidating all your student loans into a single loan with a monthly payment plan. In effect, all of ones previous student loans are written off and your new student loan will be crafted which you have to pay off once a month.

Rewards of Student Loan Consolidation

The following are many of the rewards of student loan consolidation

1. Smaller monthly payments

Through consolidating all ones student loans into a single loan, one just have to pay off a single loan monthly rather of many student loans monthly. Consequently, ones monthly payment will be reduced

2. Pay only one loan per month instead of numerous student loans per month

It is a great deal easier if you have to manage simply one student loan instead of a number of student loans having different payment deadlines. Additionally, sometimes with several student loans, one might end up forgetting to pay one student loan.

3. Decreased, fixed interest rate

Simply by consolidating your student loans, you may be capable to take advantages associated with reduced, fixed interest premiums. Currently, by law, student loan consolidation interest rates are unable to exceed 8.25%. Moreover, national interest interest rates are at a 40-year low therefore this may be a great point in time to obtain one.

4. No credit card check or processing fees

No credit card check will be necessary through the application of a student loan consolidation. The payment plans and terms can be normally very flexible in that they can personalize it relating to your financial position.

5. Make once a month student loan payment electronically

While it may be not required to make payment electronically, most lenders would knock 0.25% off ones student loan premiums if you make payment electronically. Additionally, utilizing direct debit from ones payment account will prevent one from forgetting to make your payment.

Sometimes it may get quite confusing as to the qualification of applying for any student loan consolidation. The official stand from the government is that students which are now in his or her grace time period or who happen to be still studying in college might qualify to get government student loan consolidation

The government student loan consolidation nowadays may be fairly competitive compared to private sector, therefore I would certainly recommend going for a government student loan consolidation. With so many advantages of obtaining a student loan consolidation, it is pretty clear to conserve money in the long run is to acquire one.

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