consolidate loan student virginia

Federal Student Loan Consolidation Could Save West Virginia ...

CHARLESTON, W.Va., 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 Elaine Chiles, Director of the AES West Virginia office.

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$20,000 Missing From School's PTO Fund

MISSOURI CITY, Texas -- A criminal investigation is under way after more than $20,000 went missing from the account of a parent-teacher organization at a Missouri City school, the KPRC Local 2 Troubleshooters reported Friday.

Police said the treasurer of the PTO at Lexington Creek Elementary, 2335 Dulles Ave., pocketed $20,375 that was earmarked for supplies and activities.

"This is money that was meant for children, and that people and children work very hard to raise," said a parent who did not want to be identified.

He said children and parents sold candy and held auctions to raise the money.

The police report said the treasurer used the money to make payments on a personal loan.

"It's unbelievable to me that someone in that position could abuse her position to take the money for that purpose," the parent said.

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