Financial
Aid - Extended Repayment
| While Brazos Student
Lending has temporarily suspended funding
of traditional Consolidation loans, you may
be able to LOWER your monthly payment with
an Extended Repayment Plan. |
|
Regardless of the owner of your loans or where the loans
are serviced, Brazos Lending can still extend your terms
from 10 to 25 years and significantly lower your monthly
payments.
The benefits of Extended Repayment include:
- Lower monthly payments
- No pre-payment penalty so you can still make more
than the minimum monthly payment if you prefer
- Keep any existing repayment benefits
- Loans remain at the existing servicer1
- Simple application process.
- Payment term extended from 10 years to 25 years
1 - We can assist with the notification of your loan
servicers in moving your payment plan(s) to the Extended
Repayment Option. Contact Brazos
Lending for more information about Extended Repayment.
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