Federal

Is A Federal Student Loan Consolidation An Option For You?

Is A Federal Student Loan Consolidation An Option For You? There are several advantages when you get a federal student loan consolidation. You can take advantage of fixed interest rates, lower monthly payments, one payment each month, get payment incentives and get new or renewed deferments. There is usually not a minimum loan balance required …

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Types of Federal Student Loans

Types of Federal Student Loans Students who look for financial aid during studies either go for federal student loans or private student loans. Federal student loans are offered by the US government, which can be availed directly through banks, student loan lenders, school, or from Federal Family Education Loan program otherwise known as FFELP. Federal …

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Federal Perkins Loan

Federal Perkins Loan The Federal Perkins Loan used to be known as National Direct Student Loans (NDSL). This loan is the regarded as the best of the federally subsidized loans, and is given to students who are in high financial need. Currently, the interest rate is at a low 5%. Perkins loans are made to …

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