Stafford Loan Info

edubbs5
Wed, 30 Aug 2006 11:10:08 +0000

First I would talk to your school’s financial officer - more than likely they have a “lender list” that would provide lenders that your school works closely with and have easy processing (you don’t want it to hold up your loan payments".

Then you have to consider your options.

It is good that you are thinking about repayment incentives - that is ultimately the biggest difference between lenders, becauase everything else is mandated by the federal guidelines.

Questions to consider - how many of the borrowers are currently receiving the incentive (qualification rate)? how can you lose it? and is there ways of getting it back once you do lose it?

Just some things to consider! Good luck!