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Student Loan Tools
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Allows you to estimate payments on your federal student loans, as well as determine how much salary would be needed to support a designated student loan debt.
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Allows borrowers to estimate the repayment period, interest rate (the weighted average interest rate of the loans to be consolidated, rounded up to the nearest 1/8th of one percent, not to exceed 8.25 percent), and repayment schedule if you consolidate (up to 16 loans to be consolidated).
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Allows you to create a monthly budget, reminding you of various expenses including transportation, grocery items, and miscellaneous items.
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Enables you to reconcile your bank statements to your check register each month.
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Allows borrowers to determine deferment eligibility based on when their oldest outstanding loan was disbursed. Borrowers using this feature won't be confused by the entire list of student loan deferments, when they are only eligible for a few select types. Their are two deferment eligibility charts for Federal Perkins Loans and three for the Federal Family Education Loan Program and Federal Direct Loan Program. The later three have two versions: one which includes links to the blank deferment request forms (PDFs) and one without. If you have customized or online deferment forms on your site, you'll want to wrap the charts without forms.
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