Attention borrowers: if you have returned your student loan consolidation application either electronically or by paper (thank you!) there is one piece of paper that did not get published until after you received your application, the HERA addendum. Please click here to download the addendum (PDF), print it out, and store it with your copy of your application.
A blog about all things related to student loan consolidation and student loans, from federal loans to private loans to education politics and beyond.
I wanted to take a moment to write about our consolidation affiliate program, StudentATM. The details are as follows:
$100 Per completed/returned application
No commission caps
Online reporting
Quarterly bonuses
One step registration, payment by check or paypal after only two completed applications
Our top affiliate made $10,100 so far this quarter. So take a moment to visit StudentATM and sign up. We provide links, banners, and creative’s with your unique URL already inserted. All you have to do is email the link to your friends, put it in your myspace profile, or in the resource section of your blog or personal website.
Don’t really know much about federal consolidation? Not to worry - we provide detailed information to get you started. Give us a call right away if you have any questions, 877.328.1565.
Just a quick hello from the Student Loan Network. I have been going over a few emails that have submitted from our consolidation websites. One question in particular that seems to get asked repeatedly: “What’s the point of consolidating student loans, when the actual lowering of my monthly payments is due to the lengthening of my repayment term?”
This question can really be answered in so many different ways. But for the most part, borrowers looking to consolidate their loans are attempting to get some financial breathing room. Lets face it, once you graduate from school, you have to think about getting a job, where to live, travel time to and from your new city, car payments, rent, living expenses, etc… The list goes on, but you get the point. For the majority of students that find themselves in this post grad dilemma, consolidation allows them to free up needed money to survive after school. And yes, consolidation does lengthen your repayment term, but there is no penalties or fee’s for early or extra repayment. So once you secure a better paying job, and establish your post grad life, you can aim towards paying off your loans at quicker rate by paying more each month.
In addition to financial relief, consolidation locks your variable rate, offers cash saving borrower benefits, helps credit and simplifies your finances be reducing the number of checks you have to right each month.
But if your unsure if consolidation can help you, call and speak with one of our loan counselors at 877.328.1565. They can review your loan portfolio and determine if consolidation will help.
But you may still qualify for last years lower rates!
I know, it’s been awhile since I’ve written…to all my faithful readers, I apologize for my absence. I was busy taking in all of your consolidation applications before the deadline.
But here’s the deal, you may still qualify for last years lower rates if you requested an application before the deadline occurred on June 30th. How so you ask? The department of education in all fairness announced that any borrower with a substantially complete application prior to the deadline, could receive last years lower rates. Applying on our website or over the phone with one of our loan counselors is considered a substantially complete application.
So give us a call and find out if you already applied. And don’t forget, we have an esignature option that is safe, secure, and super quick to complete. Call 877.328.1565 or check out StudentLoanConsolidator.com right away!
Hey everyone… a quick note before the work week officially begins at the Student Loan Network. A HUGE thank you to everyone at the Student Loan Network who burned the candle at both ends and in the middle to get as much done prior to July 1 as possible - and a bigger thank you to everyone who helped to spread the word about the interest rate change.
As the next couple of weeks unfold, we’ll get caught up on all the loan applications, but we promise you this - if you are qualified for consolidation and applied before the July 1 deadline, you WILL get the lower rates. We won’t forget about you.
Happy Independence Day. Hopefully we’ll be celebrating your independence from high monthly payments real soon.
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