Ads
related to: sallie mae parent plus loan rates historyconsumerhippo.com has been visited by 100K+ users in the past month
comparison411.com has been visited by 100K+ users in the past month
Search results
Results from the WOW.Com Content Network
The law did not affect new unsubsidized Stafford loans. The rate remains 6.8%; PLUS loans made beginning July 1, 2006: 8.5% in FFEL Program; 7.9% in DL Program. For PLUS loans made before July 1, a variable rate applies (with a 9.00% cap). The House passed a resolution in May 2013 to tie student loan rates to free market loan rates.
PLUS loans are federal education loans made to parents. [79] These have much higher loan limits, usually enough to cover costs that exceed student financial aid. Payments start immediately after education ends, although prepayment is allowed. Credit history is considered; thus, approval is not automatic.
SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking.Its nature has changed dramatically since it was set up in the early 1970s; initially a government entity that serviced federal education loans, it then became private and began offering private student loans.
Sallie Mae has a long history, but currently it offers only private loans. ... with an interest rate of 5.50%. Parent PLUS loans are available at an interest rate of 8.05%. Alternative loans, such ...
The Sallie Mae Parent Loan provides the option for anyone — parents, grandparents or even friends — to borrow on a student’s behalf. How Sallie Mae Student Loans Can Help Parents Pay for College
As a parent, you have two main choices for parent loans for college students: federal parent PLUS loans or private student loans. Parent’s Guide to Applying for Private Student Loans Skip to ...
Ads
related to: sallie mae parent plus loan rates historyconsumerhippo.com has been visited by 100K+ users in the past month
comparison411.com has been visited by 100K+ users in the past month