Monday, July 16, 2007
Lowdown on Student Loans
Student loans are a wonderful way to pay for graduate school. They are relatively easy to qualify for as long as you are not delinquent on any previous student loans. Usually there is no credit check, you just need to give the names of a few references which are only contacted in your lender is unable to reach you. A great option for paying for graduate school, student loans have easy qualifications except for delinquents on previous student loans. Usually no credit check occurs and only the names of a few references to be contacted in case of the lender's failure to contact you, is required.
It's surprising that half of one's student loans are subsidized. In subsidized student loans, interest is paid by the federal government and not by the borrower. Very low income is not necessary to qualify for subsidized loans as it takes income and family size into consideration with many individuals in families qualifying for one subsidized loan or the other.
It's surprising that half of one's student loans are subsidized. In subsidized student loans, interest is paid by the federal government and not by the borrower. Very low income is not necessary to qualify for subsidized loans as it takes income and family size into consideration with many individuals in families qualifying for one subsidized loan or the other.
# posted by karthika : 2:52 AM
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