It's important to understand the terms used in describing loans and loan repayments. Lenders offer incentives and interest rate reduction plans, so it pays to shop around. says Shown Lindstrom, president of eStudentLoan.com. After the grace period, a deferment or forbearance can also temporarily suspend repayment. (See explanations below.) If you default on a student loan, you will not be eligible for a deferment if: they are still enrolled in school half-time or full-time, unemployed, studying in an approved graduate fellowship or rehabilitation program for the disabled, or experiencing economic hardship. But the tooth fairy has been missing in action for more than a year. To make smart decisions about borrowing, you need to plan ahead and understand what your options will be when it comes time for repayment. As long as you keep your job, your credit is good and interest rates.

AS student loans

Bush's budget may stifle students' loans

Washington Times - President Bush is trying to "right-size" the student loan industry with a proposed budget that would cut subsidies and drive out many private lenders by reducing their profits, the head of student loan giant Sallie Mae said yesterday. "He put ... Read more...


Opting Out of Student Loan Solicitations

US News and World Report - Students who begin receiving loan service solicitations shortly after taking out student loans often ask themselves, "How did these companies get my address?" "I never used to get [solicitations] until I got loans," says Jessica Coulter, 23, a law ... Read more...


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Student Loans
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It will also tell you what steps to take so you won't get behind in You'll need to know how to manage your student loan debt to avoid repayment problems.

Repaying Your Student Loans, Federal Student Aid
waived if you are a student (Stafford loan) attending school or residing in AL, Education Loan Program and offers Stafford Loans (Subsidized

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