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Private Student Loans from NextStudent Can Still be Dispersed Before Fall Semester Begins

With the approaching fall semester, many college-bound students still are in need of essential student loans (http://www.nextstudent.com) for school. Whether students need funds to cover the full cost of their tuition and expenses or funds to supplement the financial aid they received, NextStudent, the premier education funding company, can help students through its Private Student Loan Program.

NextStudent, based in Phoenix, AZ, is dedicated to helping students and their families find affordable ways to pay for college. Along with a host of highly competitive education finance products, the company provides a variety of Private Student Loans (http://www.nextstudent.com/privateloans/privateloans.asp).

Private Student Loan Funds Disbursed Fast

For college students who are concerned that it is too late to receive loan funds for college, Private Student Loans through NextStudent may be disbursed in as little as five business days.

Student borrowers can apply for Private Student Loans through NextStudent at any time throughout the year, as there are no application deadlines. From the beginning of the school term through the end, student borrowers have the ability to secure education funds to help them pay for all their education expenses.

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Free and Easy Application Process

The application process is quick and easy and student borrowers can be preapproved within minutes after speaking with one of NextStudent’s knowledgeable Education Finance Advisors. Private Student Loans are unsecured and credit-based, and there are no application fees. The loans may cover as much as the full cost of a student’s education, less any received financial aid. Expenses can include tuition and fees, supplies, housing costs and computers, according to NextStudent.

Student borrowers can apply for a Private Student Loan with or without a co-signer; however, NextStudent approves more Private Student Loans when there is a qualified co-signer.

The NextStudent Private Student Loan Program requires that student borrowers are enrolled at least half time at college. They must be in a degree or certificate program at a TERI-approved school. The Education Resources Institute, or TERI, is a nonprofit organization. It guarantees all private loans issued from NextStudent. International students and those in distance learning courses also can apply for Private Student Loans.

An annual maximum of ,000, or the calculated cost of attendance (lesser amount), is available to private student loan borrowers. The program maximum available is 0,000.

Private Loans Disbursed Direct to Student

Private Student Loan borrowers can rest easy, as funds are distributed direct to the borrower. Repayment on the private loans (http://www.nextstudent.com/privateloans/privateloans.asp) does not have to begin until six months after graduation, or when the student drops below half-time enrollment status at college.

On private loans of less than ,000, student borrowers have as much as 20 years to repay the loan. The repayment term may be extended for student loans of more than ,000. In addition, the minimum student loan payment is , and interest payments may be tax deductible.

Since NextStudent offers Private Student Loans throughout the year, student borrowers can rest easy knowing that they can receive the funds they need at any time. The fall semester is around the corner, and student borrowers easily can apply now and receive the college funds they need within weeks.

NextStudent believes that getting an education is the best investment you can make, and it is dedicated to helping you pursue your education dreams by making college funding as easy as possible. Learn more about Student Loans at http://www.nextstudent.com/.

With student loan debt at an all-time high, many college students and their parents are looking for solutions to repaying their student loans and lowering their monthly payments. This especially is crucial for recent graduates who have wrapped up their college education and are looking to land their first job. Many new grads find their college debt staggering and their monthly payments overwhelming.

The Federal Student Loan Consolidation Program was created for just this purpose: to help students repay their student loan debt under reasonable terms. According to NextStudent, the Phoenix-based premier education funding company, there is a little-known added benefit to federal student loan consolidation, or combining multiple student loans into one easy-to-manage package. Once original outstanding student loans are paid in full, oftentimes a borrower’s credit score improves.

This happens since the borrower’s record shows that several student loans were taken out and then paid off. When students make the wise decision to consolidate student loans their credit score improves as a direct result, this enables them to qualify for lower rates on their first home or even a new car.

Multiple Student Loan Consolidation Options

Another little-known fact is that after the final distribution of a Federal PLUS Loan, parents can consolidate PLUS loans anytime, even while their child still is in college. Borrowers may consolidate their student loans within the six-month grace period following graduation, during repayment, or even when the student loans are in deferment or forbearance. With up to 30 years to repay and at a fixed rate of 8.25 percent or lower, many borrowers find that their payments are reduced by up to 60 percent, which may allow them to financially get on their feet.

Easy, Hassle-Free Qualifying

NextStudent makes it easy to qualify for a federal student loan consolidation. Borrowers are required to have student loans totaling ,500 or more and must include at least two federal student loans like the Stafford Loan or PLUS Loan. No credit check or co-signer is required, and most applicants qualify over the phone in as little as five minutes. Optionally, borrowers may use NextStudent’s easy online e-application. When contacting NextStudent, all borrowers receive individual attention and get their student loan consolidation questions answered through their personally assigned Education Finance Advisor.

Since the federal government changes the mandated student loan consolidation rates for lenders each year in July, the only difference among lenders is the individual incentive packages that each one offers. Therefore, it is important that students and their parents carefully scrutinize not only the character and reputation of the company, but also the specific incentives, such as reduced rates and discounts.

Many Benefits with Incentive Packages

There are three packages offered by NextStudent, including the popular “Standard Locked” package. This option includes a LOCKED RATE reduction of 1 percent after 36 on-time payments, as well as a .25 percent discount when a borrower chooses repayment via Auto-Debit. In addition, borrowers may select either the “2%” package or the “Google” package. The “Google” package offers a .375 percent discount after only six months of on-time payments (not locked), a 1 percent discount after 36 on-time payments (not locked), as well as the standard .25 percent discount for Auto-Debit repayment. The “2%” package offers the same .25 percent Auto-Debit payment discount, in addition to a 2 percent rate reduction discount after 36 consecutive on-time payments (not locked).

Regardless of the package selected, borrowers can know that their college financial planning strategy is a sound one when selecting NextStudent. Not only will borrowers be able to more easily manage their student loans with a federal student loan consolidation , but such a student loan consolidation through NextStudent may put them on sound financial footing for their future.

NextStudent believes that getting an education is the best investment you can make, and it is dedicated to helping you pursue your education dreams by making college funding simple. Learn more about student loans and student loan consolidation at NextStudent.com.

In this day and age of international business that knows no borders and foreign relations that demand at least a familiarity with foreign cultures, many students are seeking to expand their perspectives through studying abroad. No longer content with a singular understanding of the world, a large number of college graduates are rounding out their college experience by immersing themselves in a foreign learning experience.

The Federal PLUS Loan (Parent Loans for Undergraduate Students) is a little-known but wise method for covering the costs of study abroad programs, according to NextStudent, the Phoenix-based premier education funding company. The reason PLUS Loans are such a great choice for study abroad students is because it is available year-round, and just about everyone is eligible since it is not need-based. The major stipulation is that borrowers must have completed their FAFSA in order to qualify for a PLUS Loan.

Streamlined Application Process for PLUS Loans

Applying online for a NextStudent PLUS Loan is a simple, easy procedure. When parents contact NextStudent, they are assigned their own personal Education Finance Advisor who will guide them step-by-step through the student loan process, from start to finish. Borrowers usually know within minutes if they are qualified and may consolidate multiple PLUS Loans, even if they are from different students. In order to qualify for the? Federal Student Loan Consolidation Program, all PLUS Loans must have been disbursed through one parent’s Social Security number. Since there is no grace period for Federal PLUS Loans, repayment begins after 60 days of loan disbursement.

Parents may apply for PLUS Loans even if they already have taken care of all other education expenses for the year, including tuition. As long as the study abroad program is sponsored by an accredited college in the United States, they may use PLUS loan funds for this purpose. The federal government funds these student loans, and NextStudent offers distinguishing benefits and incentives to parents.

Enticing Incentives for PLUS Loan Borrowers

In order to take advantage of significant savings, parents may opt for several benefits. If they choose to pay via Auto-Debit, they will receive an automatic .25 percent reduction in interest. Once they make 12 months of consecutive on-time payments, they will receive a 3 percent cash rebate on the remaining principal balance of their student loan. If they continue to keep their payments current, after 48 months of consecutive on-time payments, they will receive a 2 percent interest rate reduction.

PLUS Loans Makes It Possible

Whatever a student’s background, studying abroad can be the opportunity of a lifetime. Not the extended international vacation that many students perceive it to be, studying abroad can be a challenging endeavor that encompasses learning a foreign language, immersing oneself in a different culture and surviving in a foreign environment. Contrary to popular belief, funding the experience does not have to be from cash savings, but may be covered by the Federal PLUS Loan through NextStudent.

NextStudent believes that getting an education is the best investment you can make, and it is dedicated to helping you pursue your education dreams by making college funding simple. Learn more about student loans and student loan consolidation at NextStudent.com.

Due to recent increases in college tuition, the rising costs of textbooks and other general expenses, accurately planning how much money is needed for the school year can prove to be a challenge. The second semester or term is usually the time of year when many college students and their parents review the remaining funds available for the current school year.

According to NextStudent, the Phoenix-based premier education funding company, oftentimes, if expenses are greater than original projections borrowers can meet the shortfall with a private student loan.

Qualifying For Private Student Loans Is Simple

Whether a student needs more funds right away, wants money for summer school, or if the student is involved in a distance learning program or enrolled in a private or state institution, NextStudent can help.

Since there is no application deadline as with federal student loans, no fees are involved, the funds are unsecured, and many times may not require a co-signer, there are many benefits of retaining a private student loan from NextStudent. Another advantage is that students receive their student loan directly. This allows borrowers to retain control of their money and avoid the long wait times often associated with channeling the funds through the institution.

To be eligible for private student loans, borrowers may be either an undergraduate or graduate student enrolled at least half-time in a TERI-approved program, pursuing a degree or certificate-based coursework. Students may borrow the cost of their annual attendance or up to ,000, whichever is less.

It is easy for borrowers to apply for NextStudent private student loans, either online at www.nextstudent.com or by calling 877.690.9879. Approvals can be generated in as few as 15 minutes with a personally-assigned Education Finance Advisor.

Generous Repayment Terms For Private Student Loans

Students are not required to start repaying their private student loans unless they become enrolled less than half-time or until six months after graduation. Borrowers can start paying with as little as , have many repayment options, up to 20 years to repay and may qualify for tax-deductible interest payments. Those with accumulated total student loan balances that exceed ,000 may opt to extend the repayment term to 25 years.

In order to optimize their college educational experience, many students are taking advantage of NextStudent’s private student loans. These funds often stand in the gap, enabling borrowers to achieve their dreams of a higher education and cover where federal student loans leave off.

NextStudent believes that getting an education is the best investment you can make, and it is dedicated to helping you pursue your education dreams by making college funding as easy as possible. Learn more about Student loans at NextStudent.com.

With the ever-rising cost of college tuition in the United States, private student loans have become a fact of life for many college students. Private student loans can help bridge the gap when it comes to savings, federal financial aid and college costs. NextStudent, a leading Phoenix-based education funding company, now offers a student loan consolidation option for private student loans.

As with any student loan, there are different private consolidation loan solutions available to students and their parents. Therefore, it is important for borrowers to research options in order to select the private consolidation loan that best fits their needs. NextStudent offers a competitive private loan consolidation product that is comparable to those of a federal student loan consolidation with rates as low as 6.33% APR for the first year only.

For example, a typical student loan of ,000, where the borrower has chosen to make payments of principal and interest, with an interest rate of�6.705% APR, subject to change every calendar quarter,�and with a loan term of�30 years, will have a payment of 8.25 (subject to change if the interest rate changes).

Borrowers Get More by Consolidating with NextStudent

NextStudent’s private consolidation loan offers borrowers a multitude of benefits, including a means to manage their student loan payments directly out of college. NextStudent’s private consolidation loan is a credit-based loan with interest-only repayment terms available for the first two years, up to a 30-year repayment term, a .25 percent interest rate reduction when paying via auto-debit, a reduction in the principal balance of up to 1.5 percent after 48 consecutive on-time payments, and no or low origination fees.

Borrowers may consolidate from ,500 up to 0,000. As is typical with most of NextStudent’s loans, borrowers may receive approval in as little as a few minutes over the phone. There are no prepayment penalties, although many students may opt for in-school deferment or choose to defer payments for up to 12 months following graduation. To be eligible, borrowers should be in repayment or about to enter repayment of their private student loans and not be in default of any student loans.

Real-Time Application Process

Applying for a NextStudent Private Consolidation Loan is fast and convenient. Applications can be completed over the phone with the help of a borrower’s personally assigned Education Finance Advisor. Decisions on the loan can be done in “real-time,” or borrowers may review the status of their loan’s progress online.

Student loan consolidation is a smart financial strategy that can help students and/or their parents manage student loan debt. NextStudent’s Private Consolidation Loan is a competitive product with many incentives. NextStudent prides itself on customer service and assigns a personal Education Finance Advisor to every customer. This advisor is available to walk customers through the college funding process from beginning to end.�

NextStudent believes that getting an education is the best investment you can make, and it is dedicated to helping you pursue your education dreams by making college funding simple. Learn more about Student Loans at NextStudent.com.

According to Phoenix-based NextStudent, a premier education funding company, the proliferation of graduate and professional programs has led to new sources of education funding designed to benefit these goal-orientated students who are, in essence, beginning their career by continuing on in their education.  As the job market in the United States continues to generate a need for applicants who are highly competitive in specified fields from technology to the ever-growing medical field, undergraduate students across the country are beginning to feel the squeeze as graduate and professional degrees become “must-haves” for even intermediate and entry-level positions.
The decision to continue education onto the graduate and professional level is one that oftentimes comes with considerable financial stress because of the continued financial obligation. However, NextStudent’s Graduate PLUS Loan Program may allow borrowers to fund up to the full cost of their education (less any financial aid received), including living expenses, books, supplies and even computers.
NextStudent now offers a PLUS Loan Program for graduate and professional students with rates starting as low as 8.5 percent. The Graduate PLUS Loan Program features the same benefits directly to graduate and professional students that parents of undergraduate students receive from traditional PLUS loans. Because NextStudent Graduate PLUS loans are federally sponsored, they offer many of the perks of traditional PLUS loans, including eligibility for federal student loan consolidation, tax-deductible interest and a variety of repayment options.
Eligibility and Credit Resolution
NextStudent offers a simple online application process through E-Signature, and many prospects who apply online qualify within minutes. Also offered is a “second look” for borrowers who receive an initial denial because of unresolved credit issues. NextStudent has a PLUS Credit Resolution Team that has an 87 percent success rate at resolving borrowers’ credit issues, resulting in funded PLUS loans.
Graduate PLUS loans easily are accessible to many students. To qualify a student must be a U.S. citizen or an eligible noncitizen. Although a credit check is required, many students with limited or no credit history still qualify for Graduate PLUS loans.
 
Flexible Repayment Options and Aggressive Incentives
With all the great incentives offered by NextStudent and its Graduate PLUS Loan Program, now is the right time for students to take the next step and go for their graduate degree.
NextStudent Graduate PLUS loans offer several repayment options including deferred repayment while a student is enrolled in school at least half time, and there are no prepayment penalties, ever. There also is a 3 percent cash rebate at repayment on the remaining principal balance after the first 12 months of consecutive on-time payments when student borrowers pay through Auto-Debit. In addition, a 2 percent interest rate reduction is available after the first 48 months of consecutive on-time payments when student borrowers pay through Auto-Debit. Student borrowers receive a .25 percent reduction when they choose repayment through Auto-Debit.
 
NextStudent, federal lender code 834051, is dedicated to helping students and their families find affordable ways to pay for college. NextStudent offers one-on-one education finance counseling and has a portfolio of highly competitive education finance products and services including a free online scholarship search engine, federally guaranteed parent and student loans, private student loans, both federal and private programs, and college savings plans.
The NextStudent Scholarship Search Engine, one of the nation’s oldest and largest scholarship search engines, is updated daily, available free of charge, completely private and represents 2.4 million scholarships worth .4 billion.
For more information about NextStudent and its student loan programs, please visit the company’s Web site at http://www.nextstudent.com/.

Many already are familiar with federal PLUS student loans for parents of college students and have taken advantage of this excellent funding source, whether their kids attend a community college or a public or a private institution. As with any federal student loan, borrowers may utilize funds to cover all educational costs, including tuition, fees and other expenses. Since credit-based PLUS student loans are not contingent upon a family’s tax bracket or level of need, almost anyone is qualified to receive one. With interest rates as low as 8.5 percent, this little-known technique makes for a very appealing tool to manage a family’s educational finances.

According to NextStudent, the Phoenix-based premier education funding company, many students and their parents, while familiar with student loan consolidation, are not aware of a little-known benefit available to families with multiple students in college. This tool gives parents peace of mind when managing and repaying different student loans, whether students attend Portland State or Stanford, as long as the same parent took out the PLUS student loan for each student.

PLUS Student Loan Consolidation Offers Flexibility, Easy Management

If a family has two children in college, with PLUS student loans taken out under one parent’s Social Security number, the student loans most likely will qualify for student loan consolidation. Keep in mind that each student’s parent PLUS loans should be renewed each year. A “renewal” is truly not a “renewal,” but rather a brand new student loan.

Here’s a scenario that will best illustrate the flexibility of folding multiple PLUS student loans into one easy-to-manage package. A family has two children, one is a freshman with a single PLUS student loan and another child has three additional PLUS student loans covering the first three years of school. All four PLUS loans may be consolidated into one. Again, the only stipulation is that all PLUS student loans are taken out by one parent using the same Social Security number.

PLUS Student Loan Incentives Offered by NextStudent

While federal PLUS student loans are available through many lenders, borrowers receive many rebates and incentives with NextStudent:

.25% Interest Rate Reduction: for using the Auto-Debit repayment feature

2% Interest Rate Reduction: after 48 months of consecutive on-time payments

3% Cash Rebate At Repayment: on the remaining principal balance after the first 12 months of consecutive on-time payments.

The NextStudent Advantage

In addition, NextStudent offers many advantages to parents when seeking to qualify for PLUS student loans:

Simple Online Application Process: Fill out NextStudent’s online application and know in minutes if you qualify.

Credit Solutions Program: For those who are initially denied due to poor credit, NextStudent can help resolve credit issues.

Personal Contact and Service: With NextStudent, borrowers are assigned a personal Education Finance Advisor who guides borrowers through the student loan and student loan consolidation funding process.

With personalized service and a host of benefits and incentives, NextStudent makes it easy for parents to help fund their child’s college education.

NextStudent believes that getting an education is the best investment you can make, and it is dedicated to helping you pursue your education dreams by making college funding simple. Learn more about student loans at NextStudent.com.

College students all over the United States probably have just gotten into the swing of summer, whether that means finally perfecting their golf swing, getting that deep tan, or acing the most recent quiz in summer school. In the midst of these activities and especially at this time of year, it is important to regroup and begin planning financially for the new school year, according to NextStudent, a leading Phoenix-based education funding company.

NextStudent EFAs Help Students Understand Awards

The best place to start is to review all the correspondence students have received, especially their award letters. This is the document that lists such important information as the actual cost to attend school (includes tuition, fees, room and board), available need-based federal aid such as subsidized Stafford Student Loans, non-need-based aid such as unsubsidized Stafford Student Loans and Parent Loans for Undergraduate Students (PLUS Loans), and the remaining out-of-pocket funds required.

Unfortunately, many times the award letters from colleges are somewhat difficult to understand, which may lead to confusion when students attempt to put together a strategic plan for funding their college dream. However, when students or their parents contact NextStudent, they will receive personal attention from their Education Finance Advisor. EFAs help students understand the types and amounts of fnancial aid for which they qualify, answer any questions, and then work with students to develop a strategy that best fits students’ needs.

Students Qualify for a Variety of Federal Funds

Students and their parents have an array of federal financial aid options to consider, depending on the type of aid for which they qualify. Some students may qualify for need-based subsidized Stafford Student Loans, whereby the government covers any interest on the student loan while a student is in school, the grace period following graduation, and any period of deferment. Other students may qualify for a non-need-based unsubsidized Stafford Student Loan, where interest is charged to the borrower during this same time period.

Another common type of federal aid is Federal Parent Loans for Undergraduate Students, known as PLUS Loans. These credit-based options allow parents to borrow funds to cover the education costs of their dependent children who attend college at least half-time as undergraduate students. Parents may borrow up to the cost of attendance, minus any other financial aid.

Frequently, parents find that they pay more for their child’s education than they anticipated. NextStudent offers Private Student Loans to supplement federal student loan sources. Many parents prefer these unsecured credit-based student loans to borrowing against the equity in their homes or other options to cover the remaining out-of-pocket college costs. NextStudent offers generous borrowing limits, quick preapproval, deferred principal and interest on most student loans, and no prepayment penalties. Funds may be used for study abroad and distance-learning programs in addition to traditional schooling.

Financial Aid Myths Dispelled

One fairly common misconception is the belief that a student does not qualify for ANY federal aid. In fact, even a student who does not qualify for any SUBSIDIZED federal aid will almost certainly qualify for an UNSUBSIDIZED student loan. NextStudent Education Finance Advisors are equipped to help students and their parents understand just these types of issues so that they can put together a plan that best fits the needs of the borrower.

NextStudent believes that getting an education is the best investment you can make, and it is dedicated to helping you pursue your education dreams by making college funding simple. Learn more about Student Loans, Private Student Loans and Student Loan Consolidation at NextStudent.com.