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Because of the current economic depression occurring in the United States, many people are struggling to send their kids to college. Many people are struggling just to pay their mortgage every month and therefore don't have enough funds to cover pricey tuition fees. Don't let lack of funds hold you back. Let your son or daughter get the education they truly deserve and pay for it by getting student loans. There are many student loans in Mahomet that are very affordable and are intended just for parents of college students. Call our associates today to locate a lender in Mahomet. A Stafford loan is a government-secured student loan offered to graduate and undergraduate college students at rates much lower than other conventional loans. Unlike other Mahomet student loans, a Stafford loan does not require credit checks or collateral that other loans require. If you stay in school at least half time, you will not need to make payments until after you graduate. With rising tuition costs and a sluggish economy, Stafford student loans in Mahomet are a great option for struggling college students. Consolidating your Mahomet student loan allows you to lock in low interest rates, bundle your federal student loans into one low monthly payment, and put more money into the bank. Additionally, Mahomet education loan consolidation programs do not typically charge prepayment fines, origination fees or application fees. In most cases, all you will have to do to consolidate your loans is fill out a simple application. Call our associates today for additional info on student loans and consolidation in Mahomet. The Internet offers several online search engines that will help you find the right school scholarship program. In Mahomet, you can even visit the state office, school financial aid offices and the public library to locate and funding resources that you can't find on the Internet. However, finding student loans in Mahomet can be difficult if you do not know where to look. Luckily, we're here to help you. Contact our representatives right away for helping finding affordable student loans in Mahomet. There are several Mahomet student loans which are available. It is not unusual that students have a cosigner on their loan. If you're a student with a co-signer on your loan, it is possible to obtain a loan product with a cosigner release. What that means is that you release them of responsibility, overtaking full responsibility for your college loan. After you've made several on-time payments, you then become the sole owner of the loan.