Time is Running Out for Student Loan Borrowers to Save Thousands on Federal Consolidations!
This is because the federal government has passed a bill known as the College Cost Reduction and Access Act of 2007. This bill will cut about $21 billion from Federal Family Education Loan (FFEL) Programs such as Graduate School Loans. This budget cut may very well lead to the elimination of borrower benefits. Thus, Graduate School Loans may no longer be able to offer its money-saving interest-rate reductions after October 1.
Our Borrower Benefits
Currently, our borrower benefits can lower borrowers' interest rates by as much as 1.25%, potentially helping them save thousands of dollars over the lives of their loans!
Just look at these great borrower benefits that you can receive by acting now:
- an immediate 0.25% interest-rate reduction when you sign up for our automated debit payment program
- an additional 1.00% interest-rate reduction after 36 consecutive on-time payments
Graduate School Loans: An Industry Leader
As America's top consolidation company for graduate students, Graduate School Loans helps students and graduates manage their multiple student loans through consolidation. This not only helps borrowers save a substantial amount of money but also helps them save time.
When you consolidate with Graduate School Loans, you are consolidating with professionals. As an industry leader, Graduate School Loans puts its borrowers' needs first by offering multiple ways to save you money and customer service that is second to none. Because we only offer our select services to graduate students and those who have completed graduate school, we are able to focus our efforts on providing the highest level of quality available to this choice group of individuals.
Time is Running Out
The passage of the College Cost Reduction and Access Act of 2007 means that those with federal student loans have limited time to consolidate their loans and potentially save thousands. Borrowers with federal student loans need to act now to ensure they receive the savings that Graduate School Loans offers.
The October 1 deadline is drawing near, so borrowers must act now and consolidate their federal student loans immediately! Doing so will give them the best chance to receive the savings they deserve.
To beat the upcoming deadline and save a substantial amount of money, borrowers can begin their federal consolidation applications by calling 800-680-7195 or visiting www.graduateschoolloans.com today.
|• The College Board Will No Longer Serve as FFELP Lender|
|• Effects of the New Legislation|
|• Federal student loan organizations call for revision of student loan reconciliation bills|
+ Consolidate Your Private or Federal Student Loans Now! (Save Thousands!!)
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IRS Reminds Students of "Tax-Advantaged Education Expenses"
By Surajit Sen Sharma
On September 11th, the IRS news release "Back-to-School Tax Breaks Help Teachers Pay Classroom Costs; Aid Parents, Students With College Tuition" stressed the importance of saving receipts and maintaining expense records to take full advantage of deductions on educational expenses and credits available on federal income tax returns for 2007.
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