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CampusEdge Student Loans

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CampusEdge Student Loans

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Student Loan News

282 Views • Nov 05, 2008

Description

College costs can add up quickly. Once you've managed to pay tuition, there are still other education-related expenses such as books, housing, food, and lab fees. With all these expenses, student loans become a great option.

Bank of America offers the CampusEdge student loan. With CampusEdge a student can get up to $50,000 per year so long as the loan total does not exceed the estimated cost of attendance, minus other financial aid.

This money is sent directly to you, and you can defer payment until graduation, with the flexibility to make interest-only payments for up to 2 years following graduation. Principle and interest payments may be postponed for up to 7 years while registered in a participating school's undergraduate program. Interest will accrue and will be added to your loan quarterly while in deferment and once at the start of repayment.