Article Categories

»	Arts & Entertainment
»	Automotive
»	Business
»	Careers & Jobs
»	Education & Reference
»	Finance
»	Food & Drink
»	Health & Fitness
»	Home & Family
»	Internet & Online Businesses
»	Miscellaneous
»	Self Improvement
»	Shopping
»	Society & News
»	Sports & Recreation
»	Technology
»	Travel & Leisure
»	Writing & Speaking

Reprint Article Code

Category: Articles » Education & Reference » Higher Education » Article » Article Code

NextStudent Offers PLUS Loans for Graduate and Professional Students

According to Phoenix-based NextStudent, a premier education funding company, the proliferation of graduate and professional programs has led to new sources of education funding designed to benefit these goal-orientated students who are, in essence, beginning their career by continuing on in their education. As the job market in the United States continues to generate a need for applicants who are highly competitive in specified fields from technology to the ever-growing medical field, undergraduate students across the country are beginning to feel the squeeze as graduate and professional degrees become "must-haves" for even intermediate and entry-level positions. The decision ... read more

Article Title:

Article Body:

The decision to continue education onto the graduate and professional level is one that oftentimes comes with considerable financial stress because of the continued financial obligation. However, NextStudent's Graduate PLUS Loan (http://www.nextstudent.com/) Program may allow borrowers to fund up to the full cost of their education (less any financial aid received), including living expenses, books, supplies and even computers.

NextStudent now offers a PLUS Loan Program for graduate and professional students with rates starting as low as 8.5 percent. The Graduate PLUS Loan Program features the same benefits directly to graduate and professional students that parents of undergraduate students receive from traditional PLUS loans (http://www.nextstudent.com/plus_loans/plus_loans.asp). Because NextStudent Graduate PLUS loans are federally sponsored, they offer many of the perks of traditional PLUS loans, including eligibility for federal student loan consolidation (http://www.nextstudent.com/consolidation_loans/consolidation_loans.asp), tax-deductible interest and a variety of repayment options.

Eligibility and Credit Resolution

NextStudent offers a simple online application process through E-Signature, and many prospects who apply online qualify within minutes. Also offered is a "second look" for borrowers who receive an initial denial because of unresolved credit issues. NextStudent has a PLUS Credit Resolution Team that has an 87 percent success rate at resolving borrowers' credit issues, resulting in funded PLUS loans.

Graduate PLUS loans (http://www.nextstudent.com/plus_loans/plus_loans.asp) easily are accessible to many students. To qualify a student must be a U.S. citizen or an eligible noncitizen. Although a credit check is required, many students with limited or no credit history still qualify for Graduate PLUS loans.

Flexible Repayment Options and Aggressive Incentives

With all the great incentives offered by NextStudent and its Graduate PLUS Loan Program, now is the right time for students to take the next step and go for their graduate degree.

NextStudent Graduate PLUS loans offer several repayment options including deferred repayment while a student is enrolled in school at least half time, and there are no prepayment penalties, ever. There also is a 3 percent cash rebate at repayment on the remaining principal balance after the first 12 months of consecutive on-time payments when student borrowers pay through Auto-Debit. In addition, a 2 percent interest rate reduction is available after the first 48 months of consecutive on-time payments when student borrowers pay through Auto-Debit. Student borrowers receive a .25 percent reduction when they choose repayment through Auto-Debit.

NextStudent, federal lender code 834051, is dedicated to helping students and their families find affordable ways to pay for college. NextStudent offers one-on-one education finance counseling and has a portfolio of highly competitive education finance products and services including a free online scholarship search engine, federally guaranteed parent and student loans, private student loans, both federal and private student loan consolidation (http://www.nextstudent.com/consolidation_loans/consolidation_loans.asp) programs, and college savings plans.

The NextStudent Scholarship Search Engine, one of the nation's oldest and largest scholarship search engines, is updated daily, available free of charge, completely private – and represents 2.4 million scholarships worth $3.4 billion.

For more information about NextStudent and its student loan programs, please visit the company's Web site at <a href="http://www.nextstudent.com/">http://www.nextstudent.com/</a>.

Author Bio:

Some other recently published higher education articles

Demand for MBA's Increasing by Shay Rosen
While the economy has wavered in a steady climb over recent years, the business world remains as strong as ever and appears ...

The Value of a Good Massage by Shay Rosen
Long ago, trying to find an insurance company that would pay for chiropractic treatment was a losing endeavor. Chiropractic practitioners were once considered to have more in ...

Why Productivity? by Morgan F Bryan
We choose productivity as the basis for success because it offers the greatest opportunity for a better work environment and a better, also ...

Online Bachelor Nursing Degree Consideration Guidelines by Jullie Harvard
If you are a LPN (Licensed Practical Nurse) or RN (Registered Nurse), it's time for you to advance your career by earning a bachelor degree in nursing. Today, ...

Borrower Beware: Not All Student Loan Consolidation Discounts Are the Same by Jeff Mictabor
Informal Article Melissa Bannon/Edited by Rhona 12/06/06 483 words Borrower Beware: Not All Student Loan Consolidation Discounts Are the Same NextStudent, the Phoenix-based premier education funding company, offers a 1 percent LOCKED discount on federal ...

Allen Bradley FlexLogix PLC range by Subhash Kandpal
The Allen Bradley ControlLogix PLC,Allen Bradley CompactLogix PLC and Allen Bradley FlexLogix PLC systems have been developed by Allen Bradley part of the Rockwell group of companies ...

Publisher Guidelines

You may reprint this article electronically in your newsletter or on your website, free of charge.

If you reprint this article from our site, then you must keep everything intact. This includes the articles title, author name, articles body, authors bio / resource box, the links contained within the article, all copyright notices and the link pointing back to our site. All links within the article must also be made active / hyperlinks.