Consolidating government loan student
Refinance without a degree: Unlike some lenders, Citizens offers refinancing to some borrowers who have not completed their bachelor’s degree.If you have stopped attending school and do not plan to complete your degree, you are eligible to apply for refinancing through Citizens after making twelve full, on-time payments Forbearance options: Citizens borrowers who meet the eligibility requirements and are struggling to make their monthly payments can opt for up to twelve months of forbearance (which essentially puts your payments on hold for a set number of months) Pay off your loans early with pre-payment: Got extra money to pay down your loans sooner?
Borrowers must: Let your cosigner off the hook: If you think that i Help is the lender for you, but you don’t meet their income or other eligibility requirements, adding a co-signer could help.While rates from other lenders start at close to 2% for those with good credit, i Help’s rates start at closer to 4% Fewer student loan term options: i Help offers only three different terms for student loan refinancing — 10-year fixed, 15-year fixed, and 20-year variable.If you’re planning to pay off your loans over a shorter period of time, you may be better off looking elsewhere MEFA (which stands for the Massachusetts Educational Financing Authority) offers student loan refinancing to borrowers, regardless of where they live or are attending school.And what’s more, proceeds from the EDvestin U Loan Programs support scholarships and college access activities in New Hampshire’s public high schools. Borrowers must: A variety of loan terms to suit your needs: Edvestin U lets borrowers choose between four different term lengths — 5, 10, 15 or 20 years.
This gives borrowers the option to tailor their loan and choose the term that’s right for their individual financial situation A lender that gives back to the community: Unlike for-profit banks, proceeds from the EDvestin U Loan Programs go right into supporting local New Hampshire public high schools Refinance before you graduate: Edvestin U is one of the few lenders out there that lets borrowers refinance their loans before they have graduated.
Adding a creditworthy cosigner can help you qualify for offers you might not qualify for by yourself.