consolidate delaware loan student

Federal Student Loan Consolidation Could Save Delaware Borrowers ...

WILMINGTON, Del., June 27 /PRNewswire/ -- American Education Services (AES) is encouraging borrowers with either federal Stafford or PLUS loans to act quickly if they are interested in consolidating their student loans, before interest rates increase by almost two percent on July 1, 2006. Borrowers will have until midnight on June 30th to consolidate their student loans.

Borrowers who consolidate will benefit by locking in the current low interest rate and will make their repayment easier by lowering their monthly payments and by combining multiple payments into one. By consolidating and locking in interest rates before July, borrowers with a $25,000 loan can save an average of $5,580 in interest.

"Time is running out for borrowers to potentially save thousands of dollars in repayment on their federal Stafford student loans," said Christine Lodge, Director of the AES Delaware office.

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Local Briefs

NORWICH -- The Laurel Hill neighborhood will soon welcome 13 new high-end townhouses near the Thermos on the Thames site.

Bill Collins, a West Hartford developer, bought the approved 13-townhouse project -- Laurel View Townhouse Development -- earlier this year and has completed designs for the three-bedroom units, which will each measure about 1,800 square-feet and have a two-car garage.

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