As federal student loan experts, Student Benefit Services can help you finance your education, even if you have bad credit. We offer a variety of student loans, including:

• Stafford
• Student Loans Parent PLUS
• Student Loans Private / Alternative
• Student Loans Qualified Non-College and Vocational Student Loans

Need a student loan? It's easy, even if you have bad credit. Apply now, or speak with one of our Student Loan Consultants at 1-866-652-2121 (toll-free) about the education student loan that's right for you.

Apply for your student loan!

When it comes to loans, SBS Private Loans, Federal student Loans & PLUS Loans are less expensive and more "borrower-friendly" than consumer loans, credit cards, and home equity loans. Apply now for your student loans!

Federal
Student Loans

One of the most affordable student loan options is a Federal student loan. This includes Stafford loans for students and PLUS loans for parents. As you can see in the chart above, interest rates for these Federal student loans are significantly lower than those of personal loans, credit cards and even home equity loans! (And if you need more funding, SBS Private Loans also offers interest rate savings.)

Many are available regardless of income level and, in some cases, the government pays all the loan interest while you're attending school.

These student loans are usually eligible for consolidation after graduation, providing long-term financing flexibility as you continue on to graduate school or opt to join the working world!

Federal Stafford Loans
Stafford Loan rates are lower than other forms of consumer financing, and repayment is postponed until you are out of school. Stafford loans are available as subisidized (need-based) or unsubidized (non-need-based) student loans.

Federal PLUS Loans
Parent Loans for Undergraduate Students, known as PLUS loans, helps parents borrow funds on behalf of their college-bound children.

Private
Education Loans

If scholarships, grants, work-study and/or Federal student loans programs don't cover the entire amount of education expenses, SBS Private Loans are excellent alternatives to conventional consumer or bank loans.

SBS
Private Loans

Also called "alternative loans" or "non-Federal student loans", private loans are education loans not guaranteed by the Federal government. The lending limits on these loans are higher than Federal student loans, which can enable you to cover your financial costs.

Bad credit?
Don't worry!

Is bad credit getting in the way of your education financing? Don't worry. If you have bad credit you may still qualify for a Stafford loan or PLUS loan. And if you don't quite qualify for a PLUS loan, a qualifying co-signer may still enable you to receive the funds you need to pay for your child's education.

Not sure if you qualify? Don't have a qualifying co-signer? Not a problem...SBS can help. We've joined forces with InCharge, a highly-reputable non-profit credit counseling company, to help individuals improve their credit rating and better manage their debt. Just call toll-free 1-866-729-0059 (lines are open 7 days a week). There is no fee to speak with a credit counselor.

If you still have questions, please be sure to contact Student Benefi Services for your student loans — we'll do what we can to get you the student loans you need at the best interest rate possible!

Student Loans Are Available for
Qualified Non-College/Vocational Education Programs

For those of you attending alternative post-secondary schools such as a vocational school, you may qualify for student loans if your school qualifies for Title IV funding. Even if the school doesn't qualify for the program, students are still eligible for private loans.

Student Benefit Services can help...
Apply today!

Whether you're looking for education financing advice or want to know your creditworthiness, our Student Loan Consultants can help you every step of the way.

Contact us today. There's no obligation and our advice is free. Our consultants are waiting for your call. 1-866-652-2121 or fill in this online student loan form.

We'll help your dream of higher education become a reality.

LOANS & INTEREST RATES
Loan Type	Current Interest Rate
Stafford Loans	6.54% - Grace Period* 7.14%  - Repayment**
PLUS Loans	7.94% - Repayment***
SBS Private Loans	Rate based on LIBOR Rate plus small margin****

 

* During in-School, grace and deferment periods, rate is based on 91-Day T-Bill + 1.7%, up to a maximum of 8.25%

** During repayment period, rate is calculated on 91-Day T-Bill + 2.3%, up to a maximum of 8.25%.

*** PLUS Loan Rate is based on 91-Day T-Bill + 3.1%, up to a maximum of 9.00%.

**** Private Loan Rate is based on LIBOR rate plus a variable percentage
Federal Loan Rates are adjusted on July 1 of each year.