Comments on: Provide ideas on how to cut your college costs with regard to student loans? http://www.financial-aid-directory.com/college-loans/provide-ideas-on-how-to-cut-your-college-costs-with-regard-to-student-loans Find Students Loan, College Loan, Scholarship, College Loan, and Financial Aid Information Sun, 17 Jul 2011 20:49:23 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: big C http://www.financial-aid-directory.com/college-loans/provide-ideas-on-how-to-cut-your-college-costs-with-regard-to-student-loans/comment-page-1#comment-2257 big C Sun, 20 Sep 2009 04:17:59 +0000 http://www.financial-aid-directory.com/college-loans/provide-ideas-on-how-to-cut-your-college-costs-with-regard-to-student-loans#comment-2257 i used this site to lower my student loan. it's great! and all you have to do is fill out a simple form and they'll help you..<br><b>References : </b><br>http://www.loantaker.info/student/ i used this site to lower my student loan. it’s great! and all you have to do is fill out a simple form and they’ll help you..
References :
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]]> By: ninfragile19 http://www.financial-aid-directory.com/college-loans/provide-ideas-on-how-to-cut-your-college-costs-with-regard-to-student-loans/comment-page-1#comment-2256 ninfragile19 Sun, 20 Sep 2009 03:41:59 +0000 http://www.financial-aid-directory.com/college-loans/provide-ideas-on-how-to-cut-your-college-costs-with-regard-to-student-loans#comment-2256 Check with the lender to see what options you may have with lowering the interest rate. Direct Loans allows you to save 0.25% off your interest rate if you sign up to have your payments withdrawn via electronic funds transfer when your loan is in a repayment status. If you want to save more, you can always extend the life of the loan. I used the graduated plan which is set for 15 years rather than 10. The monthly payment amount starts low, then increases every year or two. Before I changed the repayment status, I was paying $180/mo under the regular 10-year plan. When I switched to the graduated play, my payments started at $88.75 and will increase by $20 every couple of years. It will be more interest down the road and a longer pay-off period, but it won't financially hurt me while repaying it back.<br><b>References : </b><br> Check with the lender to see what options you may have with lowering the interest rate. Direct Loans allows you to save 0.25% off your interest rate if you sign up to have your payments withdrawn via electronic funds transfer when your loan is in a repayment status.

If you want to save more, you can always extend the life of the loan. I used the graduated plan which is set for 15 years rather than 10. The monthly payment amount starts low, then increases every year or two. Before I changed the repayment status, I was paying $180/mo under the regular 10-year plan. When I switched to the graduated play, my payments started at $88.75 and will increase by $20 every couple of years. It will be more interest down the road and a longer pay-off period, but it won’t financially hurt me while repaying it back.
References :

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