I took out a student loan from studentloans.com. It says that the annual percentage rate is 11.152%…?
Favorite Answer
Make sure you use up your Federal Stafford Loan eligibility. All students are eligible for unsubsidized loans at 6.80% fixed (2007-2008) irrespective of family income or EFC.
For dependents, you are limited to $3,500 first-year, $4,500 second-year, $5,500 third- and subsequent years, with a $23,000 lifetime undergraduate cap.
Your parents should choose the Federal Parent PLUS Loans if that’s not enough. The rate through private lenders is 8.50% fixed and through the Direct Loan program is 7.90% (the one you get depends on the programs your school is part of). There are no caps on PLUS Loans, and the fees are about 3%. Repayment begins 60 days after disbursement, although many lenders are offering deferments and forbearances while the student is in school.
http://www.salliemae.com ( For student loans)!!!!
http://www.iefa.org ——-> International Students on the web <---- http://www.about.com --->Great search engine and information site for everything <--- http://www.ed.gov/index.jhtml --> Dept. of Education for any questions<-- http://www.fastweb.com http://www.gocollege.com http://www.collegeboard.com http://www.scholarships.com http://www.walmartfoundation.org... Please go to the Department of Education for more help and a list of student loan foundations. I obtained these sites from my community college in which I attend. Good Luck!!!!
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