ASLS Graduate Plus Loans | American Student Loan Services
Paying for your graduate school education has just been made easier. A Graduate Loan Application in New York makes it easy to attain your goals with a convenient and manageable program with rates 8.50%!
Recent Changes Made for Graduate Plus Loans
Congress has simplified financial aid for graduate students. Recently Congress passed The Deficit Reduction Act of 2005 allowing graduate students to use the new Graduate Plus Loan to borrow the total cost of the graduate school including tuition, room & board, supplies, and lab expenses. You must first apply for the maximum loan eligibility in Subsidized and Unsubsidized Stafford Loans.
Availability of Graduate Plus Loans
Graduate Student Loans are available to you no matter your credit score and completely pay for all your graduate school needs, including tuition, books and even your computer. The Graduate Plus Loan requires a basic credit check. ASLS Credit Resolution Department can help the students that even have credit issues or you may use a cosigner if necessary.
Interest may be tax deductible Federal Consolidation of Graduate Plus LoansFederal Student Loan Consolidation will help you reduce your monthly payments on your Graduate Plus Loans as well as help you lower your interest rate with the additional benefits that ASLS offers with the Federal Student Loan Consolidation program. With an NYC Top Student Loan Providers, you will be able to consolidate your Stafford and Perkins Loans with the Graduate PLUS Loan for on simple and easy monthly payment. Apply Now for the Federal Student Loan Consolidation program.
More Information on Graduate PLUS Loans
Repayment begins after graduation within. The maximum repayment period is 10 years, and the minimum monthly payment is $50.00. With the Federal Student Loan Consolidation Program, you can extend the term to help lower the monthly payment. You may be eligible to defer payments as long as you are enrolled at least half-time.
You will be charged a loan origination fee of 3%, which is deducted proportionately from each loan disbursement. Additional to that, a 1% guarantee fee will also be deducted from your disbursements. To compare the Graduate and Professional Student Loans to the other loan programs offered to graduate students, please see our loan comparison chart.