Consolidating your Omaha student loan enables you to lock in low interest rates, combine your high-interest student loans into one low monthly payment, and put more money into your pocket. In addition, Omaha education loan consolidation programs do not typically charge prepayment penalties, origination fees or application fees. In most cases, all you'll have to do to consolidate your loans is fill out a simple application. Call our representatives now for additional info on student loans and consolidation in Omaha. Several college students in Omaha, IL can easily consolidate their student loans into one loan. In fact, many lenders encourage you to definitely take advantage of them in Omaha. Student loan consolidation programs let you roll all of your outstanding student loans directly into one, low monthly payment. Reduce your montly payment by as much as fifty percent with student loan consolidation. A Federal Stafford loan is a government-secured student loan offered to graduate and undergraduate college students at rates that are much lower than other traditional loans. Unlike many other student loans in Omaha, a Stafford loan does not require you to have flawless credit or supply collateral. If you stay in school at least half time, you won't need to make payments until you have graduated. With rising tuition costs and a sluggish economy, Stafford student loans in Omaha are a great option for struggling students. A Federal Stafford loan comes in two different types: subsidized and unsubsidized. In Omaha, both types of loans apply to most students, regardless of credit. Subsidized Stafford loans are awarded to students that are financially needy. The US government will pay your interest while you go to university. Unsubsidized student loans are offered also to students in need. Numerous students have several Illinois unsubsidized Stafford loans to manage their college costs. Hoping to receive federal student loans to pay for your college education in Omaha but don't have any idea how to apply for them? Amazingly, applying for federal aid is a fairly simple process. The first thing you will need to do is complete an online FAFSA and submit the information. Your eligibility for federal student loans will be determined by your school once the government forwards them the data in your FAFSA. Contact our friendly representatives for additional information on federal and non federal student loans available to students in Omaha.