student loan consolidation center

Rates Increase July 1, but Last-Minute Applicants Can Still Lock ...

RESTON, Va., June 27 /PRNewswire/ -- Interest rates on federally guaranteed student loans will jump by nearly 2 percentage points this Saturday, July 1, but customers who submit their Federal Consolidation Loan application online by midnight (PDT) on June 30, 2006 can still receive today's lower interest rate. The forthcoming interest rate hike has caused record call volume to Sallie Mae's consolidation center from students, graduates and parents. To accommodate the call surge, Sallie Mae has added hundreds of customer service representatives responding to consolidation inquiries, and extended the operating days and hours of its phone hotline.

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"It is still not too late to lock in today's lower interest rates, but time is of the essence," said Patricia Scherschel, vice president of loan consolidation, Sallie Mae.

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Excellence in Education

Emily A. Farley of Meridian, Elizabeth A. Harmon of Bailey, and Elizabeth A. Maranto of Meridian are among 23 Mississippi State seniors recently inducted into the universitys Society of Scholars in the Arts and Sciences. The limited-membership organization annually recognizes Mississippi State Universitys most outstanding upper-level undergraduate and graduate students in all majors. Persons selected for the rigorous screening process must have demonstrated a sound foundation in languages, mathematics, science, oral and written communication, humanities, and social sciences. Farley, a May summa cum laude graduate in international business, is the daughter of James Farley and Natalie Farley. Harmon, a May summa cum laude graduate in English, is the daughter of Robert and Rebecca Harmon. Maranto, a Presidents List Scholar, is the daughter of Dr.

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