With the final auction of the 91-day Treasury Bill on May 30, 2006, federal student loan rates have been set for the new academic year beginning July 1, 2006. (PRWeb May 31, 2006)

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This month, approximately 4 million college students will leave campus for good, taking away diplomas, friendships, and an average of $23,000 in federal student loans. The first shock of life after college may not be the workforce for many graduates, though. On July 1, 2006, graduates with federal Stafford loans will be facing a significant increase in their student loan interest rates, from their current 4.7% rate to a whopping 6.7% rate or higher. Only by consolidating their student loans well before July 1 can graduates lock in their current, lower interest rates, protecting them from the impending increase. (PRWeb May 22, 2006)

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With college financial aid offices mailing out Federal award letters for the upcoming 2006-07 school year, students are using www.StaffordLoan.com, from The Student Loan Network, to apply online for their Stafford Loan, to learn more and to gain valuable insight into the Federal Financial Education Loan Program (FFELP). Even though most schools don’t certify the Stafford Loans until summer time, many are getting a head start and applying now so that they aren’t scrambling at the last minute. (PRWeb May 21, 2006)

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StudentLoanConsolidator.com, a service of the Student Loan Network, proudly announces the launch of their new affiliate program, StudentATM. A simple to use, effective program designed to provide big earnings to its members through generated consolidation applications. (PRWeb May 1, 2006)

Read the full story at http://www.prweb.com/releases/2006/05/prweb379142.htm