These days, education is a matter of expenses. paying course fees tuition fees, buying various books, spending money for other study related purposes; nowadays, without funds, pursuing any course is merely impossible. you may desire higher education, but due to cash crisis, you cannot go for it. in that case, educationmdr Loans give you the opportunity you deserve Loans4UK arranges education loans at profitable terms and conditions.
As the name refers, education Loans are given for study purposes. based on the courses, education loans could be of various types. you can avail education loans for higher school study, professional degrees, MBA, medical and for other courses furthermore, education loans are provided for part-time courses as well, customer oriented services at loans4UK will enable you to get an education loan that will suit your requirement.
with education loans, a student can get 75% off his maximum expenses including tuition fees, accommodation, transportations books and other education related fees. the repayment term is decided on the basis of the loan amount. while paying off an education loan, you can opt for various repayment options, like standard repayment, graduate repayment, pre payment, etc the dedicated experts and professionals at loans4UK will assist you to avail of an education loan at a cheaper rate of interest.
At Loans4UK, you can asses various sites offering free loan quotes. it will help you get an idea about the interest rate and repayment period of education loans. the application process at our site is easier and totally hassle-free. you only need to fill up an online application form on our representatives as soon possible. at Loans4Uk, we also offer services to students with bad credit score. our enthusiastic team is able to arrange bad credit education loans as well.
RESTON, Va., May 1, 2007—Sallie Mae UK, a division of Sallie Mae (NYSE: SLM), today announced the launch of the Sallie Mae UK Education Loan Program to meet the financial needs of U.K. residents attending participating universities in the United Kingdom and the United States when grants, bursaries and government loans may not provide a sufficient means to cover the cost of higher education.
“Until now, I have always had to tell students that one of the only opportunities for an education loan depends on their ability to secure a U.S. cosigner,” said Anthony Nemecek, Director of the Educational Advisory Services, US-UK Fulbright Commission. “With this new program, U.K. students now have the ability to qualify for a loan based on their own credit or that of a qualified U.K. cosigner.”
Sallie Mae UK education loans will allow U.K. students to fund up to the total cost of their education at participating U.K. institutions. The program was designed in response to U.K. university customers’ requests and based on Sallie Mae’s extensive experience in designing private student loan programs of this type in the United States. In addition, Sallie Mae UK is working with U.S. Educational Advisory Services (EAS), US-UK Fulbright Commission to provide U.K. residents interested in studying at colleges and universities in the United States with access to the Sallie Mae UK Education Loan Program. Using grants from the U.S. Government, EAS, which is part of the US-UK Fulbright Commission, provides free, objective information on all aspects of education in the United States.
“We are delighted that Sallie Mae UK has agreed to fund students from the United Kingdom interested in studying in the United States with its new loan program,” said Penny Egan, Executive Director of the US-UK Fulbright Commission. According to Egan, each year, thousands of U.K. residents who are interested in study in the United States participate in events sponsored by EAS and enquire about funding opportunities.
“As the cost of higher education in the United Kingdom continues to rise, we have recognized an increasing need for alternative sources of education finance for U.K. students, particularly at the graduate level,” said Lynn Ross, vice president of Sallie Mae International Education Finance. “Our goal is to help put higher education within reach for many U.K. students who wish to pursue their studies at home or in the United States, and we are pleased to be able to work with the Fulbright Commission in support of increased study abroad opportunities for U.K. students.”
Sallie Mae UK Education loans provide funding for undergraduate and graduate U.K. residents pursuing higher education in the United Kingdom and the United States. The program is available to students enrolled in courses of study leading to a degree at participating universities.