Generally, Cornerstone consumers worked with the brand new U.S. Department of Training (DOE) to acquire a national education loan. It lent for school, and today it’s time to repay the balance.
Borrowers pay off men and women government student loans from the giving costs to help you Foundation. For people who come upon trouble while making repayments or if you need certainly to supply advantages that are included with government student loans (particularly handicap release, income-determined cost preparations, or equilibrium forgiveness), it is possible to post your done forms so you’re able to Cornerstone to begin with the applying techniques.
Foundation Figuratively speaking at a glance
When you borrow cash via a national education loan, you don’t get to decide the loan servicer – the brand new DOE renders that one for you – but if your mortgage is delivered to Cornerstone, there is a lot becoming happier about.
- Borrower gurus. Get an interest rate reduction for enrolling in automatic payments. Get a rebate for making your payments on time.
- Extra let having provider users. If you serve in the military now or have done so in the recent past, CornerStone can help. The company offers easy access to federal benefits, including deferment and loan forgiveness. The company has dedicated specialists who can manage your student loan while you’re in active service.
- Easy access to forms. If you need help with deferment, forbearance, loan forgiveness, an income-based repayment plan, or other federal programs, you must fill out a form to start the process. CornerStone makes this easy. All the forms you need are available on one web page.
Again, Cornerstone also offers loan payment agreements; the company cannot design otherwise write education loan applications. Continue lendo “Simple tips to Apply for a student loan Which have Cornerstone”