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A student loan consolidation program in Schaumburg allows you to lock in low interest rates, bundle your federal student loans into one low monthly payment, and put more money into your pocket. Additionally, Schaumburg education loan consolidation doesn't require any origination fees, application fees, or prepayment penalties. In most cases, all you'll have to do to consolidate your loans is fill out a simple application. Call our associates now for more information on student loans and consolidation in Schaumburg. 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 other Schaumburg student loans, a Stafford loan does not require you to have flawless credit or supply collateral. If you stay in college at least part-time, you won't need to make payments on the loan until after you receive your diploma. With the rising costs of tuition and a slow economy, Stafford student loans in Schaumburg are a great option for starving students. 30. Did you get school scholarships, but still do not have the funds you need to pay for all your educational expenses such as tuition, books and housing? You can fill in the gaps by applying for student loans in Schaumburg. College loans in Schaumburg generally come with reasonable interest rates and manageable repayment plans. Get the money you need for college conveniently and quickly by applying for federal student loans and personal student loans. Call our representatives right away to begin the process. Do not hesitate any more! Many university students in Schaumburg, IL are able to combine their student loans into one loan. In fact, many loan providers encourage you to definitely take advantage of them in Schaumburg. Student loan consolidation programs allow you to roll all your outstanding student loans into one, low payment. With student loan consolidation, many students have been able to cut their monthly payments by 50 percent. Schaumburg student loans can be obtained through various ways. It is not unusual that students use a cosigner on their loan. If you ever no longer need that cosigner you can have them sign a release. What that means is that you release them of obligation, taking on total responsibility for your education loan. After you've made several on-time payments, you then are the sole owner of the loan.