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Cu Loan Consolidation versus Wells Fargo

Deciding on a loan consolidation company can be difficult, especially with the problems most graduates and undergraduates are currently facing trying to pay off their student loan debt. Consolidation can help with this process, lumping all of the loans together so that the student only has to pay one monthly sum. However, even this can be difficult, depending on the kinds of loans that were originally taken out, whether they are federal loans, private loans, or a combination of the two. cu Loan consolidation and Wells Fargo, however, only consolidate on private loans, so the student has no worry about his federal loan benefits and rights being erased. But which consolidation company is better for the student's needs? […]

By admin|February 22nd, 2013|Consolidation|0 Comments

Student Loan News – February 22, 2013

Here are the best articles from around the web this week talking about student loans… For the week ending Friday Feb 22, 2013 Student Loan News: 1. Wealthiest US colleges suing students over default loans: Graduate student borrowers are defaulting on almost US$1 billion in federal loans that were given out to the poor. US colleges such as Yale, Penn State and George Washington are coming after them in the courts, suing for nonpayment. All three colleges have pursued lawsuits against students who defaulted on their Perkins loans. The exact number of lawsuits is not known, but just last year alone the University of Pennsylvania filed at least a dozen lawsuits over the Federal Perkins Loan, Bloomberg reported. […]

By admin|February 22nd, 2013|Weekly Resources|0 Comments

Too Much Information: Understanding What Student Loans Are Available

If you’ve been applying to college or graduate school, you’re probably been inundated with “special offers” of loans and information about all the different types. But which one is right for you, if any? Would you be able to pay a little bit back during the school, or do you need to postpone all payments until after you graduate? Need a little money, or a small fortune? […]

By admin|February 21st, 2013|Applying for Loans|0 Comments

What Does A Sample Letter Of Inquiry For Private Scholarships Look Like

You’ve done your research and found opportunities for a scholarship. In fact, you should have found between 30 and 40 opportunities. If you haven’t found that many, you have not finished doing research, because that’s the number of scholarships available to the “average” student (meaning if you're above average, you should have found even more). The next step in this important process of getting help to pay for your higher education involves having the application sent to you for completion. […]

By admin|February 21st, 2013|Scholorships|0 Comments

3 Common Student Loan Consolidation Scams

Although no one really enjoys repaying their student loans, it can be even more of a hassle if you had to take out multiple loans, especially if they came from different sources. Many students turn to loan consolidation to make repayment a little simpler. Instead of dealing with a bunch of loans and different providers, you only make one payment to a single lender. […]

By admin|February 20th, 2013|Consolidation|0 Comments

7 Tips To Make The Most of Private Student Loan Consolidation

Just as the national student loan debt has risen, so has the popularity of student loan consolidation. The concept has several advantages and disadvantages. Possible benefits would be eliminating the need to juggle several different private student loans by reducing it to just one with a single lender. This benefit would apply only if you either don’t have federal student loans in addition to private ones, or you’ve been able to locate a consolidating lender who offers the consolidation of private and federal student loans together, a practice which is becoming ever more uncommon. In addition, you may be able to negotiate a lower monthly payment; you’ll only have to deal with the rules and regulations of one lender, versus having the rules and regulations of many lenders; and you might be able to lock in a lower fixed interest rate than you have on your existing loans. Also, if you should find yourself unemployed or sick, it’s easier to get leniency from a single lender than trying to work it out with multiple ones. […]

By admin|February 19th, 2013|Consolidation|0 Comments

Student Loan Debt Affects Parents

With student loan debt at an all-time high, it’s a no-brainier that students themselves are struggling to make ends meet while plodding towards their higher education goals credit by expensive credit. However, behind the scenes, parents are often the ones who shoulder the majority of the responsibilities and it’s important to recognize their role. […]

By admin|February 19th, 2013|Federal Loans|0 Comments

Best Student Bank Accounts

Having a student bank account is important for undergraduates to enjoy their time at college, while not falling into the deep end of debt and student loans. Saving every penny can lead to a life of paying lower interest rates and staying in the black. However, it can be difficult to find the right bank account to meet a student's needs. A few important things to keep in mind when deciding where to keep your account are: […]

By admin|February 18th, 2013|Scholorships|0 Comments

Federal Pell Grant

A Federal Pell Grant is what every incoming student wants: a student loan that never has to be repaid. Gift loans are the best way to pay for college. However, Pell Grants are not as beneficial as a scholarship that pays tuition outright. A Pell Grant will only be $4,000–obviously a hefty sum, but it still might fall short of all college expenses. For this reason, Pell Grants are often combined with other types of financial aid opportunities. […]

By admin|February 16th, 2013|Grants|0 Comments

What Do I Do Next? What Is The Application Process For Student Loans?

The application process for student loans really begins when you sit down with your schools of choice and determine what your financial needs will be. If you're looking at an array of schools, with varying tuition and room, boarding costs, you’ll have a bit more work to do than if you have already designated your program of choice. […]

By admin|February 14th, 2013|Applying for Loans|0 Comments

Best Consolidation Companies

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