Los Angeles, CA (PRWEB) August 26, 2007
StudentFirst commenced origination of private student loans for undergraduate and graduate students. StudentFirst's alternative education loans can cover up to 100% of the cost of education. The loans are tailored specifically for undergraduate and graduate students. It is hoped that the availability of these loans will greater the chance a student has of getting financial aid.
The advantages of a StudentFirst private loan include low rates, no payments while enrolled in school, and the ability to pay for education-related expenses incurred up to 6 months in the past. It is expected that college costs will increase, making student loans more likely a form of payment. The availability of private student loans offers an alternative for students.
Students can opt to roll any loan origination fees into the total loan amount to get a loan with no out-of-pocket expenses. The loans also include a 6-month grace period after graduation, and offer other borrower benefits such as interest rate reductions.
Students (or students with a qualified co borrower) may qualify for a StudentFirst private loan with their own credit, so there are no federal forms required. The company has also developed an online application process that renders an immediate credit decision so borrowers can quickly determine their status.
StudentFirst is a specialized student loan consolidation service that provides information and help for loan consolidation. Expanding the business, student loans are now available through StudentFirst. Soon, private student loan consolidation will also be available.
For more information on private student loans and loan consolidation, visit http://www.studentfirst.com.