The Student Loan Network Introduces Graduate PLUS Loan With Fixed Rate for Grad Students

Quincy, MA (PRWEB) July 24, 2006 -- With an average sticker price of $40,000 per year, graduate school can be a costly, though important, next step for those seeking greater opportunities for advancement. The new Federal Graduate PLUS Loan from the Student Loan Network can help fill this need.

A Federal Graduate PLUS Loan from the Student Loan Network, available through www.GradLoans.com, offers students many benefits:

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Fixed interest rates at 8.5% - lower your rate by up to 2% through borrower benefits depending on your school

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Borrow up to the cost of education - that includes tuition, books, fees, supplies, and a computer

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No payments while enrolled in school half time or greater

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No penalties for early repayment

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Easy online application and knowledgeable Financial Aid Consultants who can even take an application over the phone

Federal Graduate PLUS loans just became available as of July 1, 2006. Before then, financing a graduate school education often meant having to come up with 50% or more of the cost of education out-of-pocket or through other loan sources, sometimes at incredibly high interest rates if using credit cards. Now, the Student Loan Network is offering graduate students a better option.

"We are excited to offer the Grad PLUS program as many students often struggle to finance a graduate program," comments Joe Cronin, President of the Student Loan Network. "The benefits are great – applying through www.GradLoans.com gives students an easy way to apply for a fixed rate loan to finance their entire graduate education."

Graduate PLUS loans are available at www.GradLoans.com from the Student Loan Network, or by calling 877-328-1565.

www.GradLoans.com is a service of the Student Loan Network

The Student Loan Network is one of the nation's fastest growing providers of student loans and related information. Our loan products are available both on the Internet and by phone in consultation with our Financial Aid Consultants. The Student Loan Network can be accessed at www.StudentLoanNetwork.com or 877-328-1565.

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