students loan consultancy

Student Loan Consolidation Resources






• Student Loan Topics

  • Consolidate Student Loans (1)
  • Credit (2)
  • Financial Aid (8)
  • Other - Education (1)
  • Personal Finance (2)
  • Student Loan Consolidation (1)
  
  free annual credit report
  free annual credit reports
  
  Faves

Oftentimes, students look up to student loans as an exceptional financial need. This is because they may not have essential financial back-up like scholarships to continue their studies. In order to meet this rising cost of education, one would generally go for a student loan. There are a plenty of sources from where a student can acquire a student loan. Banks and other financial organizations are few of them which offer the student loans at very low rate of interest with flexible repayment options.

However there are certain things that are considered by a bank or a financial organization while issuing a student loan. The first thing is the credit rating or your credit history. The success of a student loan application is directly proportional to the credit history. If the credit history of a student is poor then there are less chances oof acquiring the student loan. But if the credit history of a student is good, then chances are more likely to obtain the student loan. So, it is very important to maintain a good credit history as much as possible.

However, you don’t have to worry if you do not have a good credit history. There are several organizations which do not consider your credit history. They just see your ability to pay back the loan. All that you need to do is to select the right financial organization, agree to their terms and conditions and furnish the necessary documents. Your student loan will be on your way!!

More Informatio

USA Funds^® University’s financial-aid consultants now are available to present group student-loan exit-counseling sessions. Individual advising also is available after the group sessions.

The exit-counseling sessions include all information required by federal regulations, including the following topics:

• Student rights and responsibilities.
• Repayment options.
• Loan consolidation.
• Consequences of default.

The sessions guide students through exercises to help determine monthly student-loan payments based on estimated monthly income. Consultants will emphasize financial planning, including development of a realistic budget, and provide an overview of sound financial principles and best practices.

Students will take away from the sessions a variety of student-loan-repayment resources and tools to assist them in managing their debt, including the following items:

• The USA Funds Education-Loan Organizer folder (a PDF file). This folder includes a glossary of education-loan terms, a list of borrower rights and responsibilities, and an insert sheet to track important contacts and correspondence.
• USA Funds’ brochure “Student Loan Repayment — Four Steps to Take Now” (a PDF file).
• USA Funds’ brochure “Deferment & Forbearance — Do You Need Student-Loan-Payment Relief?” (a PDF file).
• USA Funds’ brochure “Loan Consolidation — Is It the Right Option for You?” (a PDF).
• A list of tips for using credit cards.
• A copy of the exit-counseling presentation, suitable for note taking.
• Quicken^® New User Edition 2004 for Windows. This personal-finance software CD reinforces the financial principles and practices discussed in the exit-counseling session. The software will assist students in determining financial goals, establishing a personalized budget, tracking income and expenses, and managing their checkbooks and monthly bills. Quicken is a registered trademark of Intuit Inc.

USA Funds University’s financial-aid consultants have extensive experience in the financial-aid office and are familiar with the challenges students often face in financing a college education and repaying student loans.

USA Funds University offers exit-counseling sessions to students at schools that use the USA Funds guarantee. Please

More Information