NextStudent's PLUS Loans Let Parents Help With College Costs Now and Throughout the Year
PHOENIX, AZ -- (PHOENIX, AZ -- (MARKET WIRE) -- August 11, 2006 -- Many parents who want to help their children with college costs are not aware that funds still are available before the fall semester begins. With PLUS Loans -- Parent Loans for Undergraduate Students, funds up to the full cost of college with rates as low as 6.25 percent are available throughout the year through Phoenix-based NextStudent, the premier education funding company.
NextStudent's federal PLUS Loans features a 6.25 percent interest rate when accompanied by a 2 percent rate reduction following the first 48 months of on-time payments and an additional .25 percent reduction when borrowers repay with Auto Debit.
With PLUS Loans parents are able to borrow up to the full cost of their children's education expenses, less financial aid received. Parents may borrow costs for 2006-07 all the way through May 31, 2007. Reimbursement is available to those parent borrowers who already paid education expenses for their children. PLUS Loans are available throughout the year and costs for education can include tuition and fees, housing, supplies and transportation.
Parents will find it easy to receive a federal PLUS Loan since the loans are not based on financial need. Easy, fast preapproval is available, making PLUS Loans the perfect choice for parents whose children need funds to pay for the upcoming fall semester.
The federal PLUS Loan Program through NextStudent gives you more:
-- 3 percent cash rebate on the remaining principal balance after the
first 12 months of consecutive on-time payments.
-- Simple Application Process with E-Signature. Apply online and qualify
in minutes. A "second look" feature is available for borrowers who are
denied initially due to unresolved credit problems.
-- PLUS Credit Resolution Team at NextStudent has an 87 percent rate of
success resolving borrowers' credit problems, resulting in funded PLUS
Loans.
-- Flexibility with PLUS Loan repayment options, including deferred
repayment when a student is enrolled at school at least six credits.
Federal PLUS Loans through NextStudent may be tax-deductible and the loans are eligible for federal loan consolidation. Repayment terms on PLUS Loans usually are 10 years and start within 60 days of the loan's final disbursement. And there are no prepayment penalties.
NextStudent's federal PLUS Loan Program is available to parent borrowers now and throughout the year. Parents are able to get much needed college funds for their children just weeks before the fall semester. Great terms and benefits along with reasonable interest rates make PLUS Loans the right choice.
Source: http://www.marketwire.com/mw/release_html_b1?release_id=153277
NextStudent's federal PLUS Loans features a 6.25 percent interest rate when accompanied by a 2 percent rate reduction following the first 48 months of on-time payments and an additional .25 percent reduction when borrowers repay with Auto Debit.
With PLUS Loans parents are able to borrow up to the full cost of their children's education expenses, less financial aid received. Parents may borrow costs for 2006-07 all the way through May 31, 2007. Reimbursement is available to those parent borrowers who already paid education expenses for their children. PLUS Loans are available throughout the year and costs for education can include tuition and fees, housing, supplies and transportation.
Parents will find it easy to receive a federal PLUS Loan since the loans are not based on financial need. Easy, fast preapproval is available, making PLUS Loans the perfect choice for parents whose children need funds to pay for the upcoming fall semester.
The federal PLUS Loan Program through NextStudent gives you more:
-- 3 percent cash rebate on the remaining principal balance after the
first 12 months of consecutive on-time payments.
-- Simple Application Process with E-Signature. Apply online and qualify
in minutes. A "second look" feature is available for borrowers who are
denied initially due to unresolved credit problems.
-- PLUS Credit Resolution Team at NextStudent has an 87 percent rate of
success resolving borrowers' credit problems, resulting in funded PLUS
Loans.
-- Flexibility with PLUS Loan repayment options, including deferred
repayment when a student is enrolled at school at least six credits.
Federal PLUS Loans through NextStudent may be tax-deductible and the loans are eligible for federal loan consolidation. Repayment terms on PLUS Loans usually are 10 years and start within 60 days of the loan's final disbursement. And there are no prepayment penalties.
NextStudent's federal PLUS Loan Program is available to parent borrowers now and throughout the year. Parents are able to get much needed college funds for their children just weeks before the fall semester. Great terms and benefits along with reasonable interest rates make PLUS Loans the right choice.
Source: http://www.marketwire.com/mw/release_html_b1?release_id=153277
posted by bradley at 9:56 PM
0 Comments:
Post a Comment
<< Home