Our mission is to provide families with the essential tools, resources, and guidance needed for College Planning and financing. The AAA Student Lending Program is dedicated to providing low-cost Federal Loans through the Federal Family Education Loan Program (FFELP).
The AAA Student
Lending Program Advantage The AAA Student Lending Program provides families with exceptional borrower benefits, access to professional advice on financial aid, and college funding options. We offer straight-forward savings when choosing any AAA Student Loan. Be sure to take advantage of all federal loan options before exploring private programs to meet your college funding needs.
Standard Federal PLUS Loan
AAA
Student Lending Program
8.5% Fixed
7.9% Fixed
6.9% Fixed
0.6% interest rate reduction immediately upon 1st disbursement
Additional 1% interest rate reduction with auto debit payments
Standard Federal Stafford Loan - Subsidized
AAA Student Lending Program 2008-09
6.0% Fixed
0.25% interest rate reduction with auto debit payments
0% Federal origination fee
Standard Federal Stafford Loan - Unsubsidized
AAA Student Lending Program Benefits
2008-09
6.8% Fixed
0.25% interest rate reduction with auto debit payments
Our College Financing Section can be used by parents and students to learn about all college funding options available to them. Additionally, families can learn more about the AAA Student Lending Program advantages when it comes to Federal and Private Educational Loans. Educated consumers make better college funding choices.
Our Financial Aid 101 Section can be used by parents and students to understand the complicated and challenging Federal Financial Aid Process and how to apply efficiently. Stay on track with our timelines, tips, and checklists.
Our Tax Benefits Section offers parents and students the most up-to-date information regarding how tax deductions and tax credit can positively impact your college funding resources. The Federal Government is using its Tax Code to help families meet the financial demands of higher education.
Our Education and Communication Section can be used by parents and students to find out more about the Student Lending Program through our FREE Seminars, online newsletters or by contacting us directly.
Loans and the AAA Student Lending Program offered through AAA Southern New England Bank. Rates and terms are subject to change or termination without notice. Loans subject to satisfactory credit approval and Federal government eligibility requirements. AAA Student Lending Program Member Benefits are subject to change or termination without prior notice. Other loans and terms available. Federal PLUS Loan interest rate is reduced by 0.6% (8.5% to 7.9%) immediately upon first disbursement of funds. Federal PLUS Loan borrowers are eligible for an additional 1% (7.9% to 6.9%) if borrower elects to have monthly payments transferred electronically from a checking account. Interest rate reduction will begin when automatic payments start and will continue in effect as long as automatic payments continue without interruption. Interest rate will increase automatically by 1% if borrower does not make automatic electronic payments or if such payments are cancelled, rejected or returned for any reason. These benefits apply to the 2008-09 academic year.
Federal Stafford Loan interest rate is reduced by .25% if borrower elects to have monthly payments transferred electronically from a checking account. Interest rate reduction will begin when automatic payments start and will continue in effect as long as automatic payments continue without interruption. Interest rate will increase automatically by .25% if borrower does not make automatic electronic payments or if such payments are cancelled, rejected or returned for any reason. These benefits apply to the 2008-09 academic year.
Our Territory: AAA Southern New England proudly serves members in Rhode Island & the following counties in Massachusetts:
Bristol, Middlesex, Worcester, Berkshire, Plymouth, and Norfolk
Copyright 2008. AAA Southern New England
