Student Loans through Bank of America

http://www.about-student-loans.com/student-loan-alternatives/bank-america-student-loans.html

College expenses can add up fast. Once you’ve managed to pay tuition, there are many other education-related costs such as books, lodging, food, and lab fees. With all these expenses, student loans become an excellent option.

Bank of America offers the CampusEdge student loan. With CampusEdge you can get up to $50,000 per year as long as the loan total does not go beyond the estimated cost of attendance, less other financial aid.

These funds are sent directly to you, and you can defer payment until graduation, with the option to make interest-only payments for up to two years following graduation. Principle and interest payments can be deferred for up to 7 years while registered in a participating school’s undergraduate program. Interest will accrue and will be added to your loan quarterly while in deferment and once at the start of repayment.

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Published on 15 Jan 2009 in Deferred student loans, by admin

This entry was posted on Thursday, January 15th, 2009 at 9:00 pm and is filed under Deferred student loans. Follow the comments through the RSS 2.0 feed. You can post a comment, or leave a trackback.

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