A phone call with Sallie Mae Financial (yet another lie caught on the phone!!! with their computer right in front of them, the rep knew absolutely ...
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Kiplinger's Personal Finance
Sallie Mae, the largest education lender, has calculators on its Web ... netbank .com TOLL-FREE NUMBER 888-256-6932 NATIONAL AVERAGE 1-year 1.83% RECENT ANN. ...
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Kiplinger's Personal Finance
For details, call Sallie Mae's information hotline at 800-448-3533. ... nexitybank.com TOLL-FREE NUMBER 877-738-6391 NATL AVERAGE 1-year 1. ...
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Graduate Schools in the U.S. 2010
Visit www.salliemae.com for more information. Applying for Need-Based Financial ... The US Department of Educatio a toll-free number for questions concern ...
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RESTON, Va., May 29, 2007—Sallie Mae, the nation’s leading saving- and paying-for-college company, today announced that interest rates on existing variable-rate student loans will climb eight basis points, or .08 percentage points this summer. While interest rates on new Federal Stafford and PLUS loans are fixed under federal law, students, graduates and parents who have older, variable-rate student loans can take advantage of the lower rate if they apply for student loan consolidation by June 30.
Most Federal Stafford and PLUS loans first disbursed before July 1, 2006 charge variable interest rates that are set by federal formula and based on the last auction of 91-day U.S. Treasury bills in May. Interest rates on loans disbursed after that date are fixed at 6.8 percent (Stafford) and 8.5 percent (PLUS).
“Spring 2007 college graduates who still have variable-rate loans may wish to consider applying to consolidate before their six-month, post-graduation grace period comes to an end,” said Patricia Scherschel, vice president, Sallie Mae. “By applying in-grace, they can lock in a rate of 6.625 percent, compared to 7.25 percent if they wait until repayment begins this fall. Additionally, time is money for parents who will save an eighth of a percent by consolidating their PLUS loans before July 1 instead of after it.”