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Payments can be deferred until after borrowers graduate from college.Bank of America student loans are used by undergraduates and graduate students enrolled in diverse educational programs like medical school, law school, MBA tracks and a host of other disciplines.Independent student need relates only to the income and assets of the individual student.As a result, student loan borrowing limits are higher for independent students.College years are a time of credit-building, so Bank of America provides opportunities for college students to get off on the right foot.“Solutions for Students” is a convenient banking resource for college students.Additional private loans offered by Bank of America do not need to be certified by your school; they are issued independently.
College students need certain features from their money management providers, and they are not always the same account characteristics favored by mom and dad.
Student loan consolidations from Bank of America provides a credit-saving option for students with more than one outstanding loan.
The option allows borrowers to roll all their education loans into one single loan, which can be structured for repayment, with affordable terms.
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Note that Stafford Loans are issued as ‘dependent’ loans or as ‘independent’ loans.