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Author Topic: Lenders for Stafford Loans  (Read 1576 times)

mconnett

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Lenders for Stafford Loans
« on: May 13, 2008, 11:55:57 AM »
I'm going to loan about 15-17K a year for law school (all in the form of Stafford), and will soon need to choose a lender. Does anyone have any suggestions for choosing between the various Stafford lenders (e.g. Access, Citibank, etc)? Are they all about the same, or are there real differences to consider?

greenie

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Re: Lenders for Stafford Loans
« Reply #1 on: May 13, 2008, 12:13:37 PM »
tag!

Clayton

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Re: Lenders for Stafford Loans
« Reply #2 on: May 14, 2008, 01:59:50 AM »
Not much of a difference, though Bank of America gives you a .25% interest rate reduction if you have a savings/checking account with them.

http://www.finaid.org/loans/staffordloandiscounts.phtml

hbb

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Re: Lenders for Stafford Loans
« Reply #3 on: May 14, 2008, 02:16:54 AM »
 Is this something you've looked over already?

Clayton

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Re: Lenders for Stafford Loans
« Reply #4 on: May 14, 2008, 02:33:16 AM »
Umm, I linked to that.


 ???

MissNatalie

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Re: Lenders for Stafford Loans
« Reply #5 on: May 14, 2008, 01:18:48 PM »
I know Sallie Mae is rather popular.  I took out a loan with them for undergrad and their interest rate is ridiculously high.  Just thought I would warn you.
Class of 2011

kaniff

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Re: Lenders for Stafford Loans
« Reply #6 on: May 15, 2008, 04:02:14 PM »
Does anyone here with a good financial background help me decipher which one is the best one?

I was going to use T.H.E. or Graduate Leverage, but they both are shut down temporarily because of the declining markets. 

Some look real tempting, like Higher Education Solutions with a 4% principal reduction after 30 months.

I can't tell if some are trapping me.

I'm going to Temple and can't figure out which one to use!!  Argh!!   ??? :-[ ??? :-[ :-\ ???

Thanks in advance guys.