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American Student Assistance was founded in 1956 under the name Massachusetts Higher Education Assistance Corporation (MHEAC). The organization began when a group of people approached Massachusetts local businesses for philanthropic donations with the idea of creating a pool of money to guarantee loans for higher education. [1]
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...
Most student loan refinance companies allow you to get a rate quote with a soft credit check, making the comparison process easy and risk-free. Apply online. Once you decide on a lender, you’ll ...
Consolidation loans combine two or more student and/or parent loans into one loan. They are an option for those who find themselves struggling with multiple student loan payments. Consolidation loans are available for most federal loan types, and some private lenders offer private consolidation loans for private education loans. Work-study. The ...
Loan payoff statements from existing student loan lenders or servicers. Proof of graduation. Proof of employment (pay stubs, W-2, etc.).
Private student loans come from private institutions, like banks, credit unions and online lenders. You can take out private student loans any time during school, but the vast majority of lenders ...
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