On the Road to Success
A Student Guide to College Funding
 
Why go to college? What does college cost? How do I apply for financial aid? How do I pay for college? What types of loans can help me? What is the bottom line? How do I manage my student loans? How do I handle credit cards? What are other ways to save?
 
  HOW DO I MANAGE MY STUDENT LOANS? Budget Worksheet
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Borrower Benefits

Lenders and servicers will frequently offer borrowers special incentives to encourage positive repayment habits. Some borrower benefits that can help you save money are:

  • Reduced interest rate or rebate on your student loan when you make your payments on time.
  • Reduced interest rate for having payments automatically debited from your checking or savings account.
  • Waiver of student loan fees. Some guaranty agencies, servicers, or lenders waive their fees to help borrowers.
CSLF offers the following benefit programs:

Susie Mae Stafford Loans - effective for loans guaranteed on or after July 1, 2008:
  • Receive a 0.25% interest rate reduction during repayment by making your payments through automatic debit.

Susie Mae PLUS Loans for Parents - effective for loans guaranteed on or after July 1, 2008:

  • Receive a 0.25% interest rate reduction during repayment by making your payments through automatic debit.
Susie Mae PLUS Loans for Graduate and Professional Students - effective for loans guaranteed on or after July 1, 2008:
  • Receive a 0.25% interest rate reduction during repayment by making your payments through automatic debit.
Learn More about CSLF's Susie Mae Loan programs.
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For general information, call 1(800) 237-9721, ext 442
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