Student Loan Primer - Student Loan Blog by studentlsc.com

The New Student Loan Law

President Bush signed the law into affect.  His major focus during the signing ceremony was the impact that it has on low to moderate income families.  One of the benefits we love about the bill is that it is increasing the Pell Grant maximum up to $5400 per year.  Pell Grants are offered as a need based grant that are not required to be paid back by the student.  If you are in the process of consolidating, please check with your lender to make sure they are going to fund your consolidation loan.  If not, you may be required to continue making payments on your student loans and begin looking for a new company to consolidate your federal student loans. 

If you have any questions or need assistance in making sure that your loans are being handled feel free to email us directly at studentlsc@gmail.com