This is an opportunity for former students to save up to thousands of dollars on education loan repayments by obtaining a historically low FIXED interest rate Federal Consolidation Loan.

AMSA has carefully selected EAS Group, LLC (EAS) and American Student Loan Consolidation Corporation (ASLCC) as the exclusive provider for the AMSA Consolidation Loan Program.

As of July 1st 2002, the lowest FIXED interest rates in history from approximately 3.5% to 4.875% are expected to go into effect. You may be able to consolidate your student or parent loans even if your loans were made, or serviced by others. This includes Direct loans made to you by the U.S. Department of Education through your school.

By obtaining a Federal Consolidation Loan (which pays off Federal Direct Student Loans and/or Federal Stafford Student Loans) after July 1st 2002, students and former students will be given a FIXED interest rate from approximately 3.5 to 4.875% depending on when the VARIABLE rate Federal Direct Student Loans or Federal Stafford Student Loans were disbursed.

Parents that obtained Parent Loans for Undergraduate Students (“PLUS”) for the undergraduate years of their sons or daughters can also obtain a Federal Consolidation Loan. By obtaining a Federal Consolidation Loan (which pay off Federal Direct Parent Loans and/or Federal PLUS Parent Loans) after July 1st 2002, parents will be given a FIXED interest rate from 4.875 to 5.5% depending on when the VARIABLE rate Federal Direct Parent Loan and/or Federal PLUS parent loan was disbursed.

Call us to check your eligibility and be sure to reference AMSA.