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Alternative Student Loans Filling An Ever-widening Gap
Quincy, MA (ContentDesk) July 27, 2004 -- The 2004/2005 school year is just around the corner, and students, parents, and families are facing one certainty: bills for college are higher than ever, and government aid is not. According to the College Board, tuition costs rose in 2003 - 2004 by 6%-14%, with public state schools hiking tuition the most. Many analysts predict that the upward trend will continue, with a recent CNN survey predicting increases between 4.5% and 11%.[1[2One thing that has not changed since last year is the amount of federal aid available to students. The Subsidized Federal Stafford Loan has granted incoming college freshmen the same $2,625 since 1998, while the cost of freshman year at most private colleges is more than ten times that.[3With costs vastly outpacing federal aid, more and more families are turning towards alternative or private student loans. According to Christopher S. Penn, director of AlternativeStudentLoan.com, private loans offer a number of advantages over federal student loans. "One of the biggest benefits of the Alternative Student Loan is that it sidesteps the federal FAFSA/Financial Aid maze. Students and families who, after waiting months to hear from the government, are told they don't qualify for aid can apply solely based on their credit rating and receive more than 11 times the amount of aid in a loan than the government is giving for freshmen."Mr. Penn points out that private student loans also help pay for the total cost of education, which includes equally spiraling costs for fees, books, and technology. Private student loan firms send loan proceeds directly to the borrowers in many cases, allowing qualified borrowers to receive funding in as little as five business days after submitting a completed
Student Loan Consolidation Service
Find your number one student loan consolidation service when you complete the attached, secure loan consolidation form. You're under no obligation to us, simply by doing this. But we are under obligation to you - we will find you the right student loan consolidation service to meet the demands of your student loan. The one person you should be committing to in doing everything you can to pave the way toward your economically-sound future - is to yourself.
A powerful student loan debt consolidation service force beckons
When you align forces with our student loan consolidation center specialists, prepare to save money in several ways on your federal student loans. We will get you a reduced fixed rate for the duration of repayment. Switching from a variable rate to a fixed rate, when you opt for student loan consolidation, is one of the best ways to save, going. This is because a variable rate is subject to huge spikes, dependent upon inflating interest costs. On the other hand, a fixed rate will never fluctuate. It will stay the same numerical value for the duration of your loan repayment time.
Lowest student loan consolidation service rates ever
And right now, the rates are the lowest ever for our student loan consolidation service. It's true. We configure your interest rate according to the weighted average of all of your existing loans. We have been getting some applicant rates on their student loan debt consolidation lower than 2%. But, the average is anywhere from 2.9-4.2%. This will not change. But what might change is legislation. A hot topic in Congress right now is whether to make the fixed rate obsolete on astudent loan consolidation service program. Act now before Congress is able to get away with this. Even if and when they pass this law, forever binding student loan consolidation programs to variable rates, you will still be able to keep your fixed rate, if you make it in on time.
Student loan consolidation service is federally guaranteed - but not for long
Take advantage of these federally guaranteed programs. As time passes, you will lose your chance to get the best student loan consolidation ever possible. Interest rates this low (truly too good to be true!) will not stay down forever. Remember, in the world of finance, what goes down - inevitably will come up again. And, we may not be able to offer fixed rates in the future, if opponents get their way and pass the legislation that brings the reign of support to an end.
Take advantage of this opportunity to significantly alter the long-term repayment rate on your direct student loan consolidation or your other federal loans. You never know until you try what you may accomplish. You are bound to save in a major way for the life of your repayment. Do it today with a lowered, fixed rate from a student loan consolidation program. Whatever you do - don't put this 'to-do' too far off on your back burner pile. You may never get the chance again to lock in these historically-low rates with a fixed interest rate. Get it together with your best student loan consolidation service today.
application. "Clearly, with competitive rates and no deadlines, private student loans can help you bridge the gap between what the government thinks you need and what your school really asks for," says Penn.Sudents, including graduate students, can apply for a private student loan at any time by applying online at http://www.AlternativeStudentLoan.com or by calling toll-free (866) 301-3637; undergraduate students have the best chance of being approved with a qualified co-signer such as a parent. Private student loans are available to parents of K-12 students as well.Contact Christopher S. Penn at the Edvisors Network at e-mail protected from spam bots for more information; students and parents can apply for a private student loan at any time by applying online at http://www.AlternativeStudentLoan.com.AlternativeStudentLoan.com is a division of the Edvisors Network, a multi-national education services company offering students options for managing the entire education lifecycle, from getting into their college of choice to financing their education and beyond. The Edvisors Network is based in Quincy, Massachusetts, with offices in Quincy and London, England. Visit them on the web at http://www.EdvisorsNetwork.com for more information.[1 http://www.collegeboard.com/ Viewed June 24, 2004[2 http://money.cnn.com/ Viewed June 24, 2004[3 http://www.collegeboard.com/ Viewed June 24, 2004.
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