Us departement of education loan consolidating

In addition to their extensive in-house services, Sallie Mae also acts as administrators for their client’s Federal student loans.College students will find that Sallie Mae can address all of their education related financial needs.Each year hundreds of thousands of students either graduate or leave college with a massive amount of student loan debt.Recent reports are that 70% of all graduates have student loans with an average of more than ,000 upon graduation.Like all private lenders, Sallie Mae’s borrowing limits, interest rates and repayment plans are contingent on the borrower’s credit history.For those students holding Federal loans which are being managed through Sallie Mae, borrowing limits and repayment schedules will be set by the government.If the requirements above sound good, we think that you are a great applicant for student loan refinancing and consolidation.

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At Lend EDU, we help borrowers compare the top student loan companies in one place.For Direct Loan Enrollment e-mail [email protected] Loan Servicing - Schools - 1-888-877-7658 Direct Loan Consolidation Center - 1-800-557-7392 CPS/SAIG - - 1-800-330-5947 G5 Help Desk - 1-800-336-8930 NSLDS - - 1-800-999-8219 Students can view their loan documents, Entrance Counseling, MPN, and PLUS loan information at the Financial Student Aid Web Site.Students may also access the Direct Loan Page for Students for Direct Loan information, How to Apply for a Direct Loan, Interest Rates, and other information.If you have more than one federal student loan, it may be simpler to combine them all into one loan with a single monthly payment in a Direct Consolidation Loan.By doing so, however, you may lengthen your repayment period, which will require you to pay more interest over the life of the loan.