11.30.06 | Act Now Before It’s too Late!
The date is rapidly approaching for many recent graduates to begin repaying their student loans. Now is the time to seriously look at the benefits of consolidation and to act soon. Graduates have six months from their graduation date (a period known as the “grace period”) to consolidate their federal student loans at a discounted rate. Graduates who consolidate during their grace period receive a 0.6 percent interest rate reduction, with some students consolidating at an interest rate as low as 6.625 percent. The lowest consolidation rate increases for graduates who miss this important deadline to 7.25 percent.
Once the grace period is expired the borrower will not be eligible for the grace period rate for federal loan consolidation. If you would like to find out when your grace period expires please call 877.329.1565 – or visit www.studentloanconsolidator.com.
www.staffordloan.com
www.parentplusloan.com
www.gradloans.com
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Don’t forget to apply for the FAFSA at:
http://www.FAFSAonline.com
February 28th, 2007 | #