Family Health Insurance

As fewer and fewer employers are able to offer family health insurance to their employees, family medical coverage has grown to become a very popular form of insurance for those who have kids or plan to have them soon.

But finding the kind of health plan that protects your loved ones and your bank account can be complicated and stressful. If you're struggling to balance your income with the health of your family, don't worry you're not alone. There are millions of Americans out there searching for the kind of family health insurance plan they can rely on and afford.

The trick is to shop around for the best plan at the best possible price. Many agencies will offer competitive prices for similar plans, so don't be afraid to let them know that you're comparing rates and plans from several agencies.

It's also a good idea to know what you need, and exactly what it covers. For example, some agencies will require that you insure each of your children under separate plans based on their age and general health. Other agencies offer family health insurance plans that cover everyone. Deciding which one will be of best use to you depends on how much the total costs would be, and how much each plan covers.

It's also good to keep in mind that "kids will be kids," and having a plan that covers emergency room trips as well as regular checkups can save a lot of money in the long run.

Finally, make sure your agent can tell you how much your total cost will be. This includes monthly premiums, as well as deductibles and out-of-pocket costs should something really happen. Having all of this information in advance will help you to make informed decisions about the health of your loved ones when you really need to.

 

Affordable Health Insurance Quotes

Affordable Health Insurance Think it's impossible to find an affordable health insurance policy today? Well, think again! By understanding exactly what kind of coverage you need, and by comparing different policies from different insurance agencies, you're far more likely to find the policy you can trust at a price you can afford. Just be sure to keep track of what each agency can offer you, and be aware of what you can afford to pay on a monthly basis, as well as in the event of an accident or illness. Compare health insurance quotes today to find the right policy for you!

Individual Health Insurance Individual health insurance is insurance available to purchase for those who don't get their health coverage from a group policy, from their employer, or through any other means. Finding the best individual health insurance policy can seem difficult - there are many different insurance agencies offering a variety of plans based on what you need and can afford. But, by comparing rates and coverage you can find the best plan for you, one tailor made for your specific situation and at a cost you can afford. Compare the rates from the top carriers across the country, and find the right policy for you!

Family Health Insurance We all know it's important to protect the health and well-being of our family; this is why it's so important to find a quality family health insurance policy that you can rely on for regular checkups as well as sudden accidents or illness. But how do you find the policy and agency you can trust? Will a family policy offer adequate coverage for your spouse and children? What kind of coverage do you really need? Compare rates and plans today from top carriers in your area. By knowing what you need and shopping around carefully, you'll be better able to select a plan you can trust to protect your family, at a price you can afford.

Small Business Health Insurance With the rising costs of health care it's become more and more difficult for employers to offer small business health insurance. However, by shopping around it's still possible to a find good medical insurance plan that offers you and your employees a variety of helpful options. Comparing rates and plans from a variety of carriers will enable you to offer the kind of health coverage that attracts quality employees, and that will keep them healthy and happy at the same time. Compare health insurance quotes today, and find the best plan for you, your employees, and your bottom line.

Group Health Insurance Group health insurance is an excellent option for organizations or small groups who can't afford big-business-type insurance, but who want to offer their members quality coverage at a good price. Group rates are often better than individual rates, but will vary depending on what type of coverage is offered and how many are participating in the policy. The best way to get a good plan that is both comprehensive and affordable is to shop around to different agencies. Many will offer similar plans at different rates, so by shopping around you'll be sure to find the best policy for your group or organization. Compare the insurance plans of top carriers in your area today!

Self Employed Health Insurance Self-employed health insurance offers today's self-employed professional the opportunity to enjoy quality health coverage without draining their bank account. Special policies for self-employed individuals offer a lot of variables - with different plans available at different costs - making it easier to enjoy health coverage while still being your own boss. Just be sure to shop around, since different insurance agencies can have different plans to offer, all depending on you and your personal needs. Compare health insurance quotes from the top carriers in your state, and get the insurance coverage you deserve!

Medicare Supplemental Insurance With the rising cost of health care, and more and more questions arising about the quality of Medicare coverage, many mature Americans are opting for Medicare supplemental insurance. Medicare supplement insurance can fill in those gaps where Medicare falls short, offering you peace of mind should you need better coverage for prescription drugs, for unforeseen accidents or illness, and even for long-term care should the need ever arise. However, it's always best to shop around for the best plan at the most affordable price. Different companies might offer you a similar plan as the competition, but at a better price in order to secure your business. Compare the rates of the top carriers in your area today, and get the kind of supplemental insurance coverage you need, at a price you can afford!

Health Insurance Companies Navigating the different options available today from your state's health insurance companies can seem overwhelming. The variety of options, plans and costs can be hard to understand and keep track of. However, by comparing similar plans offered by top carriers in your area, you'll be able to find the best coverage you can get and a price you'll love. Just be aware of what kind of coverage you need, how much you can pay on a monthly basis, and how much you want to be responsible for should an accident or illness occur. By shopping around, and looking at insurance and insurance leads specialists you're more likely to enjoy a lasting relationship with a health insurance agency you can rely on, without emptying your pocketbook. Compare health insurance plans today from the top carriers in your state, and find coverage you'll love for its quality and its price tag!

 

Mortgage Life Insurance - Overview

What is Mortgage Life Insurance?

The house you live in is more than a piece of real estate. It's your family's home. Mortgage life insurance pays off your mortgage in the event of your death, ensuring it stays that way no matter what.

Why is Mortgage Life Insurance so important?

Because death isn't just a risk; it's a guarantee. Some think of mortgage life insurance as gambling, like betting against yourself. When you choose not to get coverage, however, it's your family that really loses… their home.

Most people don't like to think about it, but planning ahead is the only way to ensure that one tragedy doesn't lead to another. Mortgage life insurance isn't just important; if you want to protect your family and your home, it's absolutely vital

If you're a homeowner, you can obtain a free mortgage life insurance quote by filling out the form to your right. Our team of highly skilled mortgage protection specialists will work with you to develop a plan that fits your budget and coverage needs.

Student Loan Consolidation Program

For college students and graduates with multiple student loans, the student loan consolidation program provides an opportunity to make repayment easier. However, before signing on the dotted line, it's important for students to understand some basic facts about consolidation.

Student Loan Consolidation Program: What it does

The student loan consolidation program allows borrowers to combine outstanding student loans. For example, if a student has three separate government student loans, the student can consolidate them into one single loan. Technically, all three of those loans will be considered paid in full and a new loan will be started in their place.

Student Loan Consolidation Program: How it helps

Consolidating loans through the student loan consolidation program is beneficial in three ways. First, it's more convenient. Students with multiple loans also have to make multiple payments every month. That means there's more paperwork and due dates to keep track of and a better chance that one of them won't get paid. With consolidation, there's only one loan payment due every month instead of two, three, etc. That's usually easier for most students and graduates to manage.

Another benefit of the student loan consolidation program is that it may save students money. For example, a student with three outstanding loans may be required to make $150 payments each month to all three lenders. That's a total of $450 per month. After consolidation, only one payment is required and that payment is usually much less than the combined payments from all of the loans. That can be a huge benefit for students who are just getting started in their careers and who don't have the income necessary to cover large loan expenses right away.

Finally, consolidating loans may open up additional opportunities for students. They may be given new deferment choices and/or more repayment possibilities. This added flexibility can come in handy for students wishing to continue their education even further, struggling to find employment in their field, or experiencing financial hardships.

Student Debt Consolidation Loan

It is prudent for a student that he or she makes repayment of loans easier, so that the collage studies go well without any stress and interruptions. Therefore, if there are number of loans to be paid, then it is better to take out Student Debt Consolidation Loan that is especially carved out for merging all the loans into single low monthly payments. This way, the new loan is easily paid off and you get rid of all the old loans, which may be of higher interest rate as well.
The students have two types of loans--Federal loans and private loans. It is possible that there may be both the loans against your name. Both these loans can be consolidated separately into manageable single monthly payments.

All types of Federal loans, such as Stafford, Perkins and PLUS loans can be merged under federal student debt consolidation loan. One benefit is that the interest rate is reduced by 0.6 percent as per federal rule if they opt for consolidation of the debts within 6 months of graduation, which also is called as grace period. You should note that under Federal Family Education Loan Program [FFEL], a new consolidation loan is made available to the student after all his or her federal school loans are paid off completely. This program combines all types of Federal education loans into a new loan that is easy to repay. While old federal loans may have different repayment schedule and terms-conditions, the new loan has just one schedule of repayment. As a result, the student can manage the debts and is less likely to default.

The federal consolidation loans are also ideal for bad credit students, as past history of the borrower is not taken as barrier in the way of the loan.

As for the private consolidation loans for students is concerned, these loans can be availed in secured or unsecured options. The secured loan is a bit risky as it is given against your property. Its advantage is low rate of interest and larger repayment duration ranging from 5 to 30 years. The unsecured loan gives smaller amount in the range of ?000 to ?5000 at higher interest rate for short-term of 5 to 15 years.

To pick up a suitable loan as per your requirements and circumstances, you should compare various offers of student debt consolidation loan on internet. Surely, these loans are a way to easier collage studies but you should avail them in a wise manner.

Alex Jonnes is associated with Easy Debt Consolidations. He is Masters in Business Administration and writes on various finance related topics. To find student debt consolidation loan, debt consolidation loan bad credit, online debt consolidation loan, easy debt consolidations visit.

 

Student Loan Consolidation

Types of student loans

There are several types of loans available to students. The simplest categorization is into federal student loans and private loans. Federally funded loans are administered initially through the US Department of Education's Federal Student Aid programs, and are usually the easiest to get student loan consolidation services for. These federal programs disburse about $60 billion a year in loans, work-study support and grants. Stafford loans are the most common form of federal loans for students, but there are a variety of other federal payment plans - among them military / ROTC plans to pay for college.

Private student loans are administered by standard lending institutions. Among the most common are Citibank student loans and the Sallie Mae Signature student loans. These lenders are basically providing unsecured (or in some cases secured) loans to you as a student, and will most often charge higher interest rates than their federal counterparts.

Private and federal loans, along with scholarships, can be combined to fund your education. However, it's important that when it comes time to consolidate student loans, you do not mix the two types together. You should always consolidate your federal loans first, then separately consolidate private student loan debt. The benefits of consolidating your federal loans include: a lower interest rate (usually, but keep in mind that interest rates change every July 1), increasing the time for loan repayment to 30 years which reduces your monthly costs, and reducing the number of lending institutions you send checks to every month. For a more complete discussion of this topic and consolidation eligibility criteria, visit our page on how to consolidate student loans. Medical student loans fall into a special class, and are discussed on our medical school loans page.

Trends for student loans

Nearly 50% of recent college graduates took out student loans, with an average borrowed around $10,000 (1). Until recently, student loan interest rates ran between 6-8%. Recently, though, rates have fallen very low. As of fall 2003, Stafford loan interest rates were in 3-4% range (2).

Students who currently have loans, either a single loan or multiple loans, have a variety of options for reducing their payments and indebtedness. Because interest rates have fallen, loans can be consolidated or in some cases refinanced. When you're considering refinancing student loans or student loan consolidation, you need to compare interest rates before you consolidate federal student loans.

Effects of student debt

Like any debt, student loans can influence your credit and your future decisions. Students who borrowed a substantial amount for college (more than $5000) are less likely to pursue higher education (1). In addition, student loan debt that exceed 8% of your income can be seen negatively when your credit gets assessed for future loans (this is especially true if you have one or more defaulted student loans).

Two ways to reduce the debt burden are: 1) reduce or eliminate the principal balance. Specific types of loans can sometimes be forgiven by service or other higher education - look into the specific student loan program you have. 2) Reduce your monthly payment. Since debt burden is measured by comparing your loan payment to your income, reducing your payment helps your credit evaluation.

 

School Loan Consolidation

Education and School Loans

The easiest way to reduce your student and school loan debt is to consolidate student loans. School loan consolidation results in lowered debt and payments if the average interest after consolidation is lower than it is before. This is really just refinancing one or a group of federal student loans, at a lower interest rate - just as refinancing a mortgage loan at a lower interest rate would reduce monthly payments and the total amount paid.

There are two basic kinds of school loans - private and federal. Federal school loans are almost always at a much lower interest rate than you could get for an unsecured private school loan. Because of the nature of the federal loans, you should never consolidate both private and federal loans into a single private loan. Because only federal loans carry government backing, they can be refinanced at a much lower interest rate than can privately financed school loans. So when you come to consolidate school loans, do the federal loans together then look at consolidating your private student loans.

 

Reducing Student Loan Debt

Student debt is rising every year. College costs, as well as graduate school costs, have gone up faster than inflation. Pell grants have not kept, but, Stafford loan and other federal student loan interest rates are near record lows.

College Student Loan Debt

A recent study by the National Center for Education Statistics (1) shows that about 50% of recent college graduate have student loans, with an average student loan debt of $10,000. The average cost of college increases at twice the rate of inflation; the College Board (2) estimates that public school costs an average of about $13,000 a year and private schools costs $28,000.

Planning Your Financial Aid Package

There are a variety of financial aid options, from scholarships, grants, federal loans, and private student loans. There are several great resources for planning your financial aid. First, try the Student Aid Wizard from the US Federal Government Dept. of Education. Of course, individual schools provide scholarships to attract the students they want, but there are also many private or non-profit organizations that provide information on student aid. We've compiled a list of sites and organizations that provide Financial Aid and Student tax information.

Reducing Your Student Loan Debt Burden After College

Once you've graduated you have to start paying back your student loan debt. There are many ways to reduce to your debt load, the most common among them is to consolidate student loans or simply to refinance your student loans. There are two main benefits to student loan consolidation.

The bigger benefit is reducing interest rates, and therefore monthly payments and overall debt. Interest rates are near record lows now, so chances are you'll get a better rate now than when you first got your loan.

The second advantage is reducing the number of creditors. This makes it easier to keep track of your payments. More importantly, it means you only have to deal with one creditor if you're late with a payment or need to renegotiate your loan for some reason.

Of course, you can't consolidate student credit card debt in with your student loans - these are very different kinds of debt. However, you can consolidate credit card debt through private companies, and you can potentially consolidate your private student loans into the same loan. But remember, federally funded student loans have much lower interest rates than private loans, and if you roll them together you would be required to use the higher interest rate - so keep private and federal student loan consolidation programs separate.

Reducing monthly payments also helps to keep all of your loans current (that is, it keeps you from having any defaulted student loans, which can affect your credit very badly).

Medical Student Debt

In a recent study by the Association of American Medical Colleges (3) the cost of private medical schools has risen 165% and the cost of public medical schools has gone up 312% over the last 20 years. A similar study by the AMA (4) found that medical school costs have increased substantially more than the Consumer Price Index (inflation). The average medical student graduates with nearly $100,000 in student loan debt (Medical School Loans).

Compound this with slow physician salary growth, young physicians are faced with increasing difficulty in paying their college student loans and medical student loans.

The good news is that medical schools, and importantly the organization that licenses medical schools, recognize the problem. During the re-accreditation processes he LCME (Liaison Committee on Medical Education) asks every medical school how they intend to reduce medical debt. This puts pressure on the schools to either reduce costs or find creative ways to help students finance their debt.

 

Student Debt Consolidation Loan

It is prudent for a student that he or she makes repayment of loans easier, so that the collage studies go well without any stress and interruptions. Therefore, if there are number of loans to be paid, then it is better to take out Student Debt Consolidation Loan that is especially carved out for merging all the loans into single low monthly payments. This way, the new loan is easily paid off and you get rid of all the old loans, which may be of higher interest rate as well.
The students have two types of loans--Federal loans and private loans. It is possible that there may be both the loans against your name. Both these loans can be consolidated separately into manageable single monthly payments.

All types of Federal loans, such as Stafford, Perkins and PLUS loans can be merged under federal student debt consolidation loan. One benefit is that the interest rate is reduced by 0.6 percent as per federal rule if they opt for consolidation of the debts within 6 months of graduation, which also is called as grace period. You should note that under Federal Family Education Loan Program [FFEL], a new consolidation loan is made available to the student after all his or her federal school loans are paid off completely. This program combines all types of Federal education loans into a new loan that is easy to repay. While old federal loans may have different repayment schedule and terms-conditions, the new loan has just one schedule of repayment. As a result, the student can manage the debts and is less likely to default.

The federal consolidation loans are also ideal for bad credit students, as past history of the borrower is not taken as barrier in the way of the loan.

As for the private consolidation loans for students is concerned, these loans can be availed in secured or unsecured options. The secured loan is a bit risky as it is given against your property. Its advantage is low rate of interest and larger repayment duration ranging from 5 to 30 years. The unsecured loan gives smaller amount in the range of £5000 to £25000 at higher interest rate for short-term of 5 to 15 years.

To pick up a suitable loan as per your requirements and circumstances, you should compare various offers of student debt consolidation loan on internet. Surely, these loans are a way to easier collage studies but you should avail them in a wise manner.

Medical School Loans

Availability of student loans for medical students and residents

Many private student loans are available to medical students given their earning potential, and equally importantly, the fact that few students leave medical school before getting their MD.

Borrowing limits vary by lender, but most offer up to "full-expense less aid," and "full-expense" can sometimes defined rather liberally. Individual lenders, such as Citibank and Sallie Mae, set the interest rates - but rates often track within a couple of points of the prime rate, and depend on the duration and terms of the loan.

In addition, there are unsubsidized Stafford Loans (Federal Student Loans) available to medical students. This particularly important since HEAL student loans (Health Education Assistance Loans) are no longer available, having been phased out starting in 1998. Other medical school loans, such as Medloans from the AAMC, are also available.

Debt from Medical School Loans

Medical school loan debt, especially high-interest rate debt, is a growing problem. The AAMC (1) recently reported that over the past two decades, the cost of private medical schools has risen 165% and the cost of public medical schools has gone up 312%. A similar study by the AMA (2) found that medical school costs have been increasing at a faster clip than inflation. On average, medical students graduate with about $100,000 in debt.

Compound this with slow physician salary growth, young physicians are faced with increasing difficulty in paying their college student loans and medical student loans.

All medical schools now recognize this problem. The LCME asks every medical school how they intend to reduce medical debt during their regular re-accredition process. This medical schoo feel pressure to either reduce costs or find creative ways to help students finance their debt.

Trends for student loans

Nearly 50% of recent college graduates took out student loans, with an average borrowed around $10,000 (3). Until recently, student loan interest rates ran between 6-8%. Recently, though, rates have fallen very low. As of fall 2003, Stafford loan interest rates were in 3-4% range (4).

Like any debt, student loans can influence your credit and your future decisions. Students who borrowed a substantial amount for college (more than $5000) are less likely to pursue higher education (3). Two ways to reduce the debt burden are: 1) Reduce your monthly payment. Since debt burden is measured by comparing your loan payment to your income, reducing your payment helps your credit evaluation. One of the simplest ways of doing this is through student loan consolidation. 2) reduce or eliminate the principal balance. Specific types of loans can sometimes be forgiven by service or other higher education - look into the specific student loan program you have.

 

50 Student Loan Tips

1.       Meet with your financial aid or guidance counselor to get a better understanding of the student loan process.

2.       Do not assume that you will not qualify for financial aid - there are many options available. (Some loans such as unsubsidized Stafford Loans and PLUS Loans are granted regardless of need.)

3.       Start planning early! You can fill out the Free Application for Federal Student Aid (FAFSA) (after January 1^st) even before you graduate from high school. If you have graduated already, start it ASAP!

4.       Make sure that the FAFSA form you are filling out is the correct form for the school year in which you are seeking financial aid for.

5.       Have all income, asset, tax information, etc. information available and ready to go before starting to fill out the FAFSA form.

6.       Include your parents or guardians in on the whole process to help you with any questions that you might have about your expected family contribution (EFC), income, etc.

7.       If filling out a paper copy of the FAFSA form, make a photocopy beforehand to practice on, to avoid making any mistakes on the original.

8.       Consider completing the FAFSA form on the web at www.fafsa.ed.gov.

9.       Always read the instructions before starting to fill out the FAFSA form, and follow them exactly.

10.    Make sure that your FAFSA form is filled out completely and accurately to avoid delays.

11.    Be honest and precise when filling out your FAFSA – do not lie about incomes, etc.

12.    Do not leave any spaces on your FAFSA form blank. Put a zero in the space instead.

13.    Do your research – not all loans are created equal!

14.    Shop around! Compare lenders and see who will give you the best deal.

15.    Look for a lender who will offer a variety of flexible programs to choose from.

16.    Look for a loan that does not have prepayment penalties – paying all or part of your loan off early will save on interest!

17.    Look for a lender who will guide you through the student loan process and answer any questions that you might have.

18.    Educate yourself on the types of loans and see which one fits your needs the best.

19.    Understand the benefits and differences between federal loans and private loans.

20.    Understand that private loans require a credit check.

21.    Consider using a co-signer on private loans.

22.    Understand the difference between subsidized federal loans and unsubsidized federal loans.

23.    Always read the fine print on your loans, so that you know exactly what terms you are agreeing to.

24.    Do not borrow more than is necessary – remember that you will eventually be paying this money back

25.    Sign and return all award letters and/or Master Promissory Notes ASAP!

26.    If you are not satisfied with the amount of financial aid you receive, negotiate with your school’s financial aid officers, or your lenders.

27.    Find out about forgiveness options. Some fields of study offer to compensate part or all of your loans if you will work in that field for a number of years

28.    Watch your mail for important information regarding your loan before, during and after your schooling.

29.    Pay interest on unsubsidized loans while you are still in school, if possible.

30.    Maintain half-time student status. This will keep your loans in deferment, meaning that you will not have to pay the monthly payment yet. If you do drop below a half-time status, you will enter the repayment period of the loan.

31.    Stay within your budget to avoid using all of your loan money too soon.

32.    Use student loans only for educational purposes. Using this money for other reasons is fraudulent and a criminal offense.

33.    If you are filing taxes, meet with your CPA to discuss your options for deductions regarding your financial aid.

34.    Attend all of the required Entrance and Exit Loan Counseling Sessions. This will give you important information pertaining to your loan.

35.    Make your lender aware of any name or address changes to avoid any unnecessary problems.

36.    Consolidate your loans – this could save you thousands of dollars

37.    Consolidate your loans while you are still in your grace period! This will allow you to lock-in at a lower rate than after your grace period is over.

38.    Look for a company to consolidate with who will offer the best service.

39.    Look for a company to consolidate with who will guide you through the process and answer any questions that you might have.

40.    Consolidate with a company who will offer different payment plans and options that will accommodate you and your income.

41.    Take advantage of having no prepayment penalty benefit. If you send in a little more than your monthly payment requires, you'll be able to pay your loan offer faster and save hundreds, even thousands, in interest.

42.    Create a realistic budget to help with paying your monthly loan payments.

43.    Stay organized! Keep copies of your applications and other forms on file.

44.    Make your monthly payments on time! Failing to do so can lead to default.

45.    Make your monthly payments, regardless of whether or not you receive a bill. You are obligated to make the payments each month, even if you do not receive a reminder.

46.    If you are unable to make your payments, contact your lender immediately. There are deferment or forbearance options that could temporarily postpone your monthly payments.

47.    If you are granted forbearance, do not drag it out longer than necessary. The interest that accrues while you are in forbearance will be added to your loan balance.

48.    If forbearance is necessary, consider it only for your federal loans, and continue making the monthly payments on your private loans. Private loans tend to have a higher interest rate, so this will save you money in the long run.

49.    Round your monthly payments up. Paying a little extra each month, can save you a lot of money in the long run.

50.    Stay informed about your loans. Always be aware of the balance, interest rates, etc.

Graduate School Private Loan Consolidation

Graduate School Private Loan Consolidation with Graduate School Loans
Consolidating your private educational loans with Graduate School Loans means merging outstanding private education loans into one loan, including private loans used to cover residency expenses and/or other educational expenses. This is in addition to already consolidated private educational loans. Consolidating your private educational loans with Graduate School Loans allows you to significantly lower your monthly payment by lengthening the term of your loans, while receiving a low variable interest rate. This is possible even if your private graduate school loans are of different types or held by more than one lender.

Eligibility
You are eligible to consolidate your private education loans with Graduate School Loans if you meet the following criteria:

• Be at least eighteen years old at the time of application
• Have a minimum of $10,000 in US issued private educational loans
• Are in repayment status of private education loans at the time of application
• Have good credit standing
• Are a US citizen or permanent resident (eligible non US citizen)

Benefits
With Graduate School Loans, there are several benefits in consolidating your private educational loans.

• Graduate School Loans offers borrower benefits, such as an interest rate reduction of .25% when you sign up using auto-debit to repay your loan
• Simple repayment terms
• Low, variable interest rate
• No prepayment penalties
• Convenience of one low monthly payment to one lender versus the hassle of sending various bills monthly
• Graduate School Loans offers personalized and friendly customer service. With Graduate School Loans you work with one loan consultant throughout the process of consolidating your private educational loans.
• NEW!!! Now, when you apply for a Graduate School Loans Private Student Loan Consolidation, you'll get 30 days free access to a Crossing job-search website of your choice! That's a $29.95 value.

Process
The process of consolidating your private educational loans is made simple and fast with Graduate School Loans.

• Applicants receive an instant credit decision, origination fees, interest rate and borrower benefit information
• Receive a Master Promissory Note (MPN) via USPS. Just sign and return within 90 days, at which point you will be updated with your loan approval, repayment information and options.
• Sign up for auto-debit in order to receive an immediate interest rate reduction of .25%

Payment Options

• After consolidating your private educational loans with Graduate School Loans, you will start immediate repayment, generally beginning 20 days after finishing your application.
• The repayment term is a maximum 30 year plan, regardless of private consolidation balance. You may choose one of several repayment options for your private loan consolidation with Graduate School Loans, and there is NO penalty for early repayment
• Equal Payments: Standard payments are made according to principal and interest over a 30 year term. This equal payment option allows equal monthly payments over the life of the loan
• Select 2/Graduated Payments: Allows for interest-only payments for the first two year of repayment. Beginning the third year, payments increase to level installments of principal and interest payments for the remaining life of the loan.
• Select 5/Graduated Payments: Allows for interest-only payment for the first two years of repayment. During the third through fifth year, payments increase to include a portion of principal. Beginning the sixth year, payments increase to level investments of principal and interest payments for the remaining life of the loan

Tax Benefits
Consolidate your private education loans with Graduate School Loans and take advantage of tax benefits

• By way of the Taxpayer Relief Act of 1997, the Government now permits individuals to deduct the interest paid on loans taken out to attend eligible educational institutions
• Ability to deduct up to $2,500 in student loan interest. Taken as an adjustment to income, allowing the deduction regardless if you itemize deductions on Schedule A of your 1040.
• Deductions phased out for taxpayers with adjusted gross incomes of $50,000 to $65,000 [single filers] and $100,000 to $130,000 [married filing jointly]. Taxpayers who are married but file separate returns are not eligible.

Deferment and Forbearance

• In-school, Military, Internship and Residency Forbearances are available to qualifying borrowers with Graduate School Loans.
• Deferment options do not exist at this time with Graduate School Loans.

Disclosures: CIT Bank, Salt Lake City, UT is the originating lender of the Graduate School Loans Private Consolidation Loan. CIT is a registered service mark of CIT Group Inc.


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