Private Student Loan Program

PR Log (Press Release) – Jul 17, 2008 – The Private Loan Program was created to help students and their families choose the best-suited loan with the most favorable terms.

Student Loan Consolidation Network( www.theslcn.com)  is here to help you with your college financial needs.In looking for a quality private loan product to further assist our customers, we have partnered with The Private Loan Program.These loans are designed to satisfy your educational financing needs—and pocket, too.

-Whether you are an undergraduate, graduate or continuing education student, we can customize loans to fit your needs.
The application process is quick and a student may apply (under his or her own name) or with a qualified cosigner.
TheSLCN.com  also offers Private Loan Consolidation, making it easier than ever to manage your college loans.Combine all of your private loans into a single, easy-to-manage loan with benefits and repayment terms that will ease your financial burden as you start your post-collegiate life.
Benefits

   * Borrow up to $60,000 per year for educational expenses such as transportation, books and supplies
   * Funds disbursed in as little as 5 days after final approval
   * No federal financial aid (FAFSA) forms to complete
   * No financial need requirements
   * No application fees
   * Low monthly payments with a 20-year repayment plan
   * A 0.25% rate reduction for auto-debit payments

   


Private Loan Options

   * Undergraduate Loan - Undergraduate students seeking a degree or certificate may borrow up to $45,000 per year and $180,000 in total over four years.
   * Degreed Undergraduate Loan - College graduates seeking a second degree or a teaching credential may borrow up to $45,000 per year and $180,000 in total over four years.
   * Health Professional Loan - Both undergraduates and graduates seeking a degree, certificate or advanced degree in a health profession may borrow up to $60,000 per year and $240,000 in total over four years. Special deferment options are available during residences or internships following graduation.
   * Graduate Loan - Graduates seeking an advance degree or certificate may borrow up to $60,000 per year and $180,000 in total over three years.
   * Continuing Education Loan - Adults seeking self-improvement through continuing education classes may borrow up to $15,000 per year and $30,000 in total over two years.
   * Elementary and Secondary Loan - For parents of children attending elementary through secondary private school. Up to $20,000 per year, per child.
   * Private Consolidation Loan - Consolidate your private loans into one easy-to-manage loan with significantly lower monthly payments. Our low introductory interest rate combined with our interest-only payment option can lower your monthly payment amount by as much as 45% in the first year .