What are peer-to-peer lenders?
They are lenders who facilitate personal loans for students. The lenders are usually friends, relatives, or even strangers intent on seeking alternative means of investing funds. What is the Department of Education link for loan consolidation? One should check with your lender first. However, if your lender does not consolidate student loans, you may contact the Department of Education at the following link: http://loanconsolidation.ed.gov May I reduce or cancel my loan? Yes, do not borrow any more than you absolutely need to meet educational expenses. Remember you may reduce or cancel your loan at any time. How can I cancel all or part of a loan that I have received? Go to your STARS account. Under Financial Aid Information, select the appropriate award year, click on Financial Aid Awards, and select the loan you wish to revise. Please remember that if you have both subsidized and unsubsidized loans, you should cancel or reduce the less desirable unsubsidized loan first. How do I requ