Posts Tagged ‘Graduate Students’
COLLEGE STUDENT LOANS UPDATE – FROM STAFFORD LOANS TO PLUS LOANS
When you need to find money to be able to go to college, you can find plenty of college student loans available. There are a number of different options and it may even be possible to get more than one of them. Here is a brief look at a number of college student loans waiting for you to apply.Stafford LoansFederal college student loans are low interest loans from the government. Stafford loans are the most popular type. In most cases, Stafford student loans for college have repayment plans that can be deferred until after graduation. Two types of Federal Stafford loans are available - subsidized and unsubsidized Stafford loans.The subsidized Stafford loan is based on your financial need. Most students receiving this Stafford loan (about 66%) are from homes where the Adjusted Gross Income is less than $50,000. For your freshman year, a student who is also a dependent can borrow up to $3,500, and about a thousand dollars a year more in each of the following years. Although it does charge interest while you are in school, the government pays for the interest until you graduate, or are going to school less than half time.The unsubsidized Stafford loan is ... [more..]
STUDENT LOANS WITH BAD CREDIT – THERE ARE OPTIONS TO HELP
This section will shine a light on still other sources of student loans with bad credit "blindness."There are a number of major lenders in the Student Loans markets - here are some characteristics of the bigger players...Chase Student LoansThe executives at Chase offer student loans. They do not really have students with debt "blindness." They offer student loans with bad credit options. Most students, unless they are working full time, must use those options.A student applying for a Chase loan normally needs to find someone who will agree to co-sign for the loan. While locating a co-signor can be difficult, a student who finds a trustworthy co-signor can obtain certain benefits.A student with a co-signor qualifies for lower rates on his or her Chase loan. A student with a co-signer stands a better chance at being approved for that Chase loan.GE LoansGeneral Electric is yet another source of bad credit "blindness" loans. Like Chase, the lenders at GE encourage students to find a co-signor. Unlike the lenders at Chase, the lenders at GE reach out to students off all ages.While Chase and other companies target student loans for those with bad credit on college and graduate students, GE makes literature ... [more..]
