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Where to find help on student loans

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July 29, 2008

  • MEFA is offering a toll-free hotline, 800-809-0571, for those with questions about financing. It is available from 8 a.m. to 10 p.m. Monday to Friday, and 9 a.m. to 3 p.m. Saturday.

  • Colleges are encouraging families to contact them directly for help. Their websites usually provide lists of preferred lenders.

  • American Student Assistance will provide help for MEFA federal loan clients and other families. Visit www.amsa.com or call 800-999-9080. It is also designated as the lender of last resort for the state and provides information for borrowers trying to get federal loans.

  • The website www.finaid.org provides helpful background information, advice, and lists of lenders.

  • The website www.bankrate.com provides search capabilities for loan rates and conditions, financial calculators, and listings of aid programs.

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