Financial
Aid - Extended Repayment
| While EFSI
has temporarily suspended funding of traditional
Consolidation loans, you may be able to LOWER
your monthly payment with an Extended Repayment
Plan. |
|
Regardless of the owner of your loans or where the
loans are serviced, EFSI can still extend your terms
from 10 to 25 years and significantly lower your monthly
payments.
The benefits of Extended Repayment include:
- Lower monthly payments
- No pre-payment penalty so you can still make more
than the minimum monthly payment if you prefer
- Keep any existing repayment benefits
- Loans remain at the existing servicer1
- Simple application process.
- Payment term extended from 10 years to 25 years
1 - We can assist with the notification of your loan
servicers in moving your payment plan(s) to the Extended
Repayment Option. Contact EFSI
for more information about Extended Repayment.
|
