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NextStudent Offers Graduate PLUS Loans For Fall Semester

PHOENIX, July 14 /PRNewswire/ -- It is not too late for student borrowers to receive the funding needed for their fall semester tuition at graduate school. Phoenix-based NextStudent, a premier education funding company, offers federal Graduate PLUS Loans that will finance up to the full amount of graduate school at a rate as low as 8.25 percent.

NextStudent's Graduate PLUS Loans can be taken out and distributed upfront or throughout the year. They have all the advantages of a PLUS loan but are directed to graduate students and their needs, with funds that go direct to the student or to the student's college or university. In addition, graduate students are eligible for in-school deferments when they take out a Graduate PLUS Loan.

Student borrowers will find that NextStudent's Graduate PLUS Loans are easily managed and convenient.

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Interest Hike Looms On Student Loans

RALEIGH, N.C. -- Interest rates on government-subsidized student loans will go up nearly 2 percentage points on July 1, so some education funding experts are urging people to consolidate outstanding loans.

"This jump is really going to hit the pocket of students," said Julia Leggett, a political science major at Meredith College, who expects to owe about $35,000 by the time she graduates.

"You do have to incur a lot of debt when you go to a private college, and you want to be competitive in the work force. So, you search for the best institution and you search for loans," Leggett said. .

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