Welcome to Student Loan Guide
Direct Loan Stafford Student Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
You may also listen to this article by using the following controls.
Upper Midwest College Students Rejoice: Great Lakes Student Loans Are Among The Best
from:Unless one is independently wealthy, some type college finance assistance is an inevitable part of the future. While scholarships and grants often fall short of needs, student loans, federal, state and private offer a way to make up the deficit. Most students carry between $15,000 and $60,000. This said, choice of lenders is a very important choice.
Great Lakes Student Loans
Great Lakes Higher Education Guaranty Corporation is among the nations leaders in student loan guaranty and servicing. A not-for-profit holding corporation, Great Lakes oversees the entire lending process, a complex and often frustrating process.
Financial aid forms have always been cumbersome and because they don't have adequate information, students often borrow more than they need. Great Lakes Student Loans come with an enormous amount of support behind them, from calculating the amount of debt the student will incur, to servicing the back end of the loan by helping the student avoid default when it's time to pay back the money.
Great Lakes student loans offer an award winning program that provides flexibility to graduates through deferrals and consolidations. The goal of the company is the best interest of students and the colleges they attend. They not only care about what the student's money they care about helping students successfully fulfill their commitments.
Certified Service
The National Association for College Admissions Counseling (NACAC) has awarded Great Lakes student loans their seal of approval. Admissions counselors work more closely with students than any other group in college to insure the success of the student academically and financially. This certification is an important indicator of how Great Lakes student loans do business.
One Stop Service
Great Lakes student loans offer service from the front end and the back end. That means they help prospective college students understand the myriad of choices they have and the decisions they have to make; what school, financing, loans, grants, repayment, etc.
Their internet tools are extremely accessible and explain in non-technical language how to calculate amount of aid needed, how loans work, repayment and consolidation options. They offer both online and live counselors for students to question about these issues.
Great Lakes student loans offer practical tips on saving on college expenses such as food and clothing and also offer an online budget tool that can help college students begin to gain the discipline they will need after graduation to make the most of their income. These tools are invaluable, especially if they prepare young people for the days when marriage and family come into play.
Students have special needs. Their inexperience in finances can be a serious deficit that can come back to haunt them when they see their credit scores. Great Lakes student loans does everything they can to insure that bad credit becomes a remote possibility.
Direct Loan Stafford Student News
Grassley rails against 'immorality' of student loan interest rate - Mason City Globe Gazette
Grassley rails against 'immorality' of student loan interest rate Mason City Globe Gazette Passing $1 trillion, US student loan debt has surpassed credit card and auto loan debt. Average student loan debt tops $25000 nationally, up 25 percent in 10 years. The interest rate increase would cost the 255404 Stafford Loan borrowers in Iowa an ... |
Student loan myths and facts - Pocono Record
 U.S. News & World Report | Student loan myths and facts Pocono Record Federal Stafford loans are available to all students regardless of credit worthiness, and come in two varieties, subsidized and unsubsidized. With a subsidized Stafford loan, the government pays the interest on the loan while the student is in school, ... Discover Announces Fixed-Rate Private Student Loans |
Block student-loan rate hike - MiamiHerald.com
 InsideARM | Block student-loan rate hike MiamiHerald.com At Florida International University, almost half of the 48000 currently enrolled students rely on federal aid to pay for their studies; 19223 receive Stafford loans and 18860 receive funds from the Federal Direct Loan Program. Student loans latest casualty of politics Federal student loan battles follow state battles Vilsack tells 4-H and FFA leaders he supports Senate solution for student loan ... |
$1000000000000: How Did We Get Here? - Huffington Post
 New York Times | $1000000000000: How Did We Get Here? Huffington Post Now, all new loans with federal backing are Direct Loans. In 2007, Congress passed legislation setting a five-year plan to cut the interest rate on Stafford loans for low-income students from 6.8% to 3.4%, and created an income-based repayment program, ... Obama's Student Loan Gambit Devalues The Office Of The President Chat Transcript: Money Talk$: Student Loans FIRST PERSON: A debt-free degree |
Can your student loan debt be forgiven? - Fox Business
Can your student loan debt be forgiven? Fox Business Others allow you to stretch out your loan payments if your income falls below a certain level and will forgive the remainder of your debt after 25 years. Federal student loans that qualify for relief include Stafford loans, Federal Direct PLUS loans ... |