Federal Student Loans = Don't Be Scammed
www.GanoRiches.com Federal student loans in the United States are authorized under Title IV of the Higher Education Act as amended. These loans are available to college and university students via funds disbursed directly to the school and are used to supplement personal and family resources, scholarships, grants, and work-study. They may be subsidized by the US Government or may be unsubsidized depending on the student's financial need. Both subsidized and unsubsidized loans are guaranteed ...
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: 15/06/09 05:15
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.8 Can Make a Big Difference
Being .8 short in sports can be the difference between winning and losing, and .8 can make a big difference on your student loans as well. On July 1, 2008, the interest rate on subsidized federal student loans dropped from 6.8% to 6%. This .8% cut will save an average of $2570 for borrowers starting school in 2008. Rates on subsidized federal Stafford loans for undergraduates will continue to drop over the next three years until the rate is halved to 3.4%.
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