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GREady: Get Ready for Graduate School

Do you want to attend graduate school? If the answer is yes, shift the gear in drive. This blog will help you 1) stay informed about graduate programs, 2) decide on graduate schools, 3) apply for graduate schools (including the GRE and personal statements), 4) prepare for interviews, 5) find funding and lots more. Although this site cannot guarantee a masters or doctoral position, it does promise that you will be a very competitive candidate for your desired program!

Friday, June 16, 2006

Student Loan Consolidation

On May 30, 2006 the federal government announced a student loan interest rate increase of 7.25% effective July 1, 2006. Prior to the July 1st deadline student loan interest was at 4.75%. Current college students and recent college graduates now have less than 15 days to lock in the current 4.75% rate. Nelnet and various universities have teamed up and are offering students to consolidate their loans. If students choose to consolidate their loans, they can literally save thousands of dollars. For example, a $20,000 loan that is locked in at 4.75% interest will save a student $10,301 that would cost them under the July 1st interest rate. Nelnet Loan Advisors are available 24 hours a day, 7 days a week and will help to consolidate all student loans. Simply call 1-877-303-7442 or visit their site at www.alumniconsolidation.nelnet.net.

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