| Got this semester covered but wondering | | | | Loan From NextStudent Take out your |
| how you're going to pay for next | | | | Stafford loan with NextStudent, and you |
| semester? If mom and dad can't help you | | | | could qualify for NextStudent's rate |
| out as much as they want to, you might | | | | reduction rewards.* Get an immediate |
| consider applying for a Federal Stafford | | | | 0.25% rate reduction as soon as you sign |
| Loan. Federal Stafford Loans are one of | | | | up to have your student loan payments |
| the most affordable student loans | | | | automatically deducted from your savings |
| available to you, with a low 6.8% fixed | | | | or checking account. Lower your rate and |
| interest rate. And as long as you're | | | | never have to worry about late payments |
| enrolled in college at least half-time, | | | | or lost mail. We'll knock another 1% |
| you don't have to start repaying your | | | | off your rate after your first 36 |
| Stafford loan until you're out of | | | | on-time payments. And we'll lock in this |
| school. Let Both Stafford Loan Options | | | | 1% rate reduction for the life of the |
| Work for You The Stafford Loan Program | | | | loan, even if you miss a payment later |
| offers two types of student loans: | | | | on down the road. OR make 48 |
| subsidized Stafford loans (awarded on | | | | consecutive on-time payments and lower |
| the basis of financial need) and | | | | your rate by 2%. And after graduation, |
| unsubsidized Stafford loans | | | | you can choose to consolidate both your |
| (non-need-based). With a subsidized | | | | unsubsidized and subsidized Stafford |
| loan, the government will pay for any | | | | loans with a NextStudent Federal Student |
| interest that accrues while you're in | | | | Loan Consolidation. You get more time to |
| school, when you're in deferment, and | | | | repay, and you could substantially lower |
| during your grace period. With an | | | | your monthly payment. So don't stress |
| unsubsidized federal stafford loan, | | | | about paying for college on your own. |
| you're responsible for all interest that | | | | Apply for your NextStudent Stafford loan |
| accrues, even when you're not making | | | | today, and let us help you make paying |
| student loan payments. Any interest that | | | | for school as simple as possible! |
| accrues while you're in school, in | | | | NextStudent believes that getting an |
| deferment, or in a grace period will be | | | | education is the best investment you can |
| added to your principal loan amount for | | | | make, and we are dedicated to helping |
| you to repay once your repayment begins. | | | | you pursue your education dreams by |
| You may qualify for either type of | | | | making college funding simple. Learn |
| Stafford loan or a combination of both. | | | | more about Student Loans, Private |
| Applying for a Stafford Loan With | | | | Student Loans and Student Loan |
| NextStudent Is Simple Just complete your | | | | Consolidation at *NextStudent will |
| FAFSA (Free Application for Federal | | | | discontinue all interest rate discount |
| Student Aid), and you're already | | | | benefit plans if Congress enacts the |
| started! There's no credit check. You | | | | College Cost Reduction Act of 2007. It |
| just need to meet the eligibility | | | | is not certain at this time if that |
| requirements: High school diploma or | | | | legislation will be enacted. If it is, |
| GED Enrolled or accepted in an | | | | it is not known what its effective date |
| eligible undergraduate program, | | | | will be. Provisions within the pending |
| attending at least half-time | | | | legislation would change the fee |
| Maintaining satisfactory academic | | | | structure and yields for lenders that |
| progress, as determined by your school | | | | make federal education loans. It is not |
| U.S. citizen or permanent resident | | | | known at this time on which date the new |
| Not in default on any federal | | | | provisions will take effect, nor whether |
| student loans Registered with the | | | | they would be applied to loan |
| Selective Service if you're male and | | | | applications that had been submitted |
| between the ages of 18 and 25 Once | | | | prior to that date but not yet funded. |
| you're approved for your Stafford loan, | | | | NextStudent will not offer the interest |
| a check will be sent to your school. You | | | | rate discount benefits for those |
| have 14 days to decide whether you want | | | | applications that are subject to the new |
| to use the entire Stafford loan amount | | | | provisions. NextStudent will make its |
| or only part of it. After your tuition | | | | best efforts to process all applications |
| and other school-billed fees are paid, | | | | it receives prior to the date the new |
| you're free to use any leftover Stafford | | | | provisions take effect, but cannot |
| funds for your books, supplies and other | | | | guarantee that your application will be |
| college-related expenses. Even More | | | | processed in time for the interest rate |
| Benefits With an Undergraduate Stafford | | | | discount benefits to apply. |