Online student loan consolidation in Us

Today, I open topic “ Online student loan consolidation in Us ”to concentrate on discussing of 2 questions:

1. How do you understand about online student loan consolidation?

2. Where Could you find information about online student loan consolidation?

You should aware of online student loan consolidation.

1. 1st, when you took out student loans each semester you probably took at least two different loans. This means that over a 4 year period you have at least 16 different loans. All of these are going to have payments of some amount due 6 months after you graduate or stop going to school. This will make life very strange as you try to manage all of these payments each month.

2nd, you also must know that you have more options for payment of these loans than just online student loan consolidation. You also have the option to defer your payment for up to 2 more years after the 6 month period. Also, any time you cannot make your payments you can use a 6 month period of forbearance for a financial hardship. You should also know that if you are enrolled at least part time in any school you do not have to pay on your loans.

2. Where Could you find information about online student loan consolidation?
According the Association of American Medical Colleges, the median debt for 2002 medical school graduates was $92,000 at public and $127,000 at private medical schools. You can see more information at the related Web sites.

Association of American Medical Colleges
www.aamc.org
The AAMC site features detailed information about several loans, including the MEDLOANS and MEDLOANS Consolidation Loan programs, and a glossary of frequently used financial aid terms. AAMC's DEBTHELP, Educational Debt Management Services for Residents, is designed for easy use by residents and the medical school financial aid officers and GME staff who counsel them on their student loans. It includes "The Layman's Guide to Educational Debt Management for Residents and Graduate Medical Education Staff" (www.aamc.org/laymansguide), which provides current information on how to manage education debt. The information about debt management resources (www.aamc.org/debtmanagement) includes "You want to do what? A Primer on Loan Consolidation," and other debt management workshops offered throughout the country, as well as on video.

Access Group
www.accessgroup.org

American Medical Association
www.ama-assn.org

Citibank
www.citibank.com

Federal Direct Consolidation Loans
U.S. Department of Education
www.ed.gov

FinAid
www.finaid.org

HRSA
www.hrsa.gov

Medfunds
www.medfunds.com

Nellie Mae
www.nelliemae.com

Sallie Mae
www.salliemae.com

You can update more information at source site: www.acep.org .

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