Edu Debt Solutions's Blog

benefits of Consolidation * Reduce your monthly payment by as much as 60% * Lock in fixed low interest rates, as low as 3.5% * Make just one payment a month - simplify your bills! * Consolidating student loans will improve your credit rating! * Applying online takes only two or three minutes and can save you hundreds of dollars a month! * Flexible repayment plans help meet your needs! * Lower your interest rate as much as an additional 1.25%* with our borrower benefits. * No fees! No credit checks! No cosigners! No early repayment penalties! http://edudebtsolutions.com/b...

EDU Debt Solutions is a leading educational loan consolidation company dedicated to assisting federal student loan borrowers in managing the cost of their education. Fifty percent of recent college graduates have federal student loans, with an average student loan debt of $10,000. Our experience has shown us that borrowers with an average debt of $10,000 in federal student loans pay as many as five different monthly payments with a combined total monthly cost of $115.00 or more. Furthermore many students do not find their “dream” job right out of college and have to not only manage their living expenses but also manage their multiple loan repayments. How do you plan on getting out of debt, having money for the “right now”, and saving money for the future? Through a free federal program from US Department of Education (ED), EDU Debt Solutions has been helping student loan borrowers gain financial freedom by: * Reducing their monthly loan payments up to sixty percent * Turning their many payments in just one monthly payment * Providing a Fixed Interest Rate on their loan. * Reducing their fixed Interest Rate by another 1.25% through the IRRP (Interest Rate Reduction Program) * Giving them 3 more years of deferment, as well as 3 more years of forbearance, for a total of 6 years where they don’t have to pay the principal of their loan back. In the above example of 10,000 dollars in student loan debt we have saved the borrower $38.00 per month, reducing their monthly loan payment to $77.00. http://edudebtsolutions.com

An Academic Competitiveness Grant will provide up to $750 for the first year of undergraduate study and up to $1,300 for the second year of undergraduate study to full-time students who are U.S citizens, eligible for a Federal Pell Grant, and who had successfully completed a rigorous high school program, as determined by the state or local education agency and recognized by the Secretary of Education. Second year students must also have maintained a cumulative grade point average (GPA) of at least 3.0. The program will be available for the first time for the 2006-07 school year for first year students who graduated from high school after January 1, 2006 and for second year students who graduated from high school after January 1, 2005. The Academic Competitiveness Grant award is in addition to the student's Pell Grant award. If you can answer YES to all of the following questions, you may potentially be eligible to receive an Academic Competitiveness Grant. 1. Are you a U.S. citizen? 2. Did you graduate from high school after January 1, 2005? 3. Are you eligible to receive a Pell Grant? 4. Will you be enrolled as a full-time first or second year student in a two-year or four-year degree program? If you could not answer YES to all of the above questions, you do not qualify to receive an Academic Competitiveness Grant. However, you may still qualify to receive other types of federal student financial aid. If you have not completed a FAFSA (Free Application for Federal Student Aid), please go to www.fafsa.ed.gov and apply today. If you answered YES to all of the above questions, you meet the initial requirements for the grant. Please choose one of the options below. Click Here Beginning July 1, 2006 If You Have Already Filed a FAFSA Click Here Beginning July 1, 2006 If You Have Not Yet Filed a FAFSA If you have already completed a FAFSA application, you will need to go back to www.fafsa.ed.gov, and look under STEP 3. Beginning July 1, 2006, choose the option: "Make Corrections to a Processed FAFSA." We will ask you a few more questions that will determine if you meet the standards of rigorous secondary course work as a requirement to receive Academic Competitiveness Grant. If you have not completed a FAFSA application, you will need to go back to www.fafsa.ed.gov, and look under STEP 2. Beginning July 1, 2006, choose the option: "Fill out a FAFSA." Part of the FAFSA process will determine if you meet the standards of rigorous secondary course work as a requirement to receive Academic Competitiveness Grant. http://studentaid.ed.gov/PORT...