NextStudent Offers Discount Incentives for Students Who Consolidate Student Loans During Grace

The Federal Student Loan Consolidation Programpayments (not locked); and the "Google" package
offers numerous benefits including locked-in interestwhich offers a .25 percent discount when borrower
rates that may save borrowers thousands of dollarsopts to pay via Auto-Debit, .375 percent discount
and may cut monthly payments by up to 60 percent.after six months of on-time payments and the 1
NextStudent, the Phoenix-based premier educationpercent discount after 36 consecutive on-time
funding company, takes those incentives one steppayments (not locked).
further by offering students a .6 percent discount ifQualifying for Federal Student Loan Consolidation
they consolidate their student loans during the sixThere are numerous advantages to student loan
month grace period after graduation.consolidation with NextStudent, regardless of which
More Student Loan Consolidation Benefits fromincentive package a borrower chooses. Qualification is
NextStudentsimple with NextStudent's "4-step easy e-app." There
The interest rates for federal consolidation loans areare no credit checks, fees, or co-signers required.
set by the federal government, so the only trueHowever, borrowers must have a total student loan
difference that individual companies can offer on theirbalance of at least $10,500. In as little as 5 minutes
student loans are their incentive or discountapplicants can qualify for student loan consolidation
packages. NextStudent offers substantial discountsover the phone, and get their questions answered by
both in the form of the .6 percent "New Grad"a personally assigned Education Finance Advisor.
discount and additional incentive packages.Students and parents can save significantly when
Borrowers have the option of choosing from threethey consolidate their student loans with NextStudent
benefits packages. These packages include theand take advantage of up to a 30 year repayment
"Standard Locked" package which offers a .25term, incentive packages and .6 percent "New Grad"
percent discount when the borrower opts to pay viadiscount.
Auto-Debit and a 1 percent LOCKED RATE reductionNextStudent believes that getting an education is the
after 36 consecutive on-time payments; the "2 %"best investment you can make, and it is dedicated to
package which offers a .25 percent discount whenhelping you pursue your education dreams by making
the borrower opts to pay via Auto-Debit and 2college funding simple.
percent rate reduction after 36 consecutive on-time