- Last Updated on Wednesday, 28 March 2012 17:01
- Written by The Times Weekly
- Category: Campus News
Students may be able to combine their existing Federal education loans into one new consolidated loan that offers several advantages. Go to the website to find what borrowers need to know about Direct Consolidation Loans.
Some loan payments may be only $5 - $10 dollars per month and after 10 years the balance of the loan is cancelled with out fault. Even if the student is in default, once your application has been accepted they will no longer be in default and students approved are eligible for additional loans to continue their education.
Click on this link for more information: www.loanconsolidation.ed.gov
Click on Borrower Services or call 1-800-557-7392 for more information.
THE DEADLINE TO APPLY IS JUNE 30, 2012