Maineloan.com Website Review

ALTERNATIVE The Maine Loan is the smart way to bridge the gap when awards, scholarships, grants and financial aid don’t meet the costs of higher education. These loans are powered by Finance Authority of Maine (FAME), Maine’s leading higher education financing experts. As We want to help you be an informed borrower and hope you take advantage of FAME’s financial education resources. Student loan specialists located right in Maine are ready to help you understand your options and choose a solution that fits your budget now and Loan rates for 2018-19 are as low as 4.99% and there is no (zero) guarantee fee. All available rates and fees are lower than the Federal Direct PLUS Loan, and are based on one of three repayment options you can choose from to meet your needs. The fixed interest rates for the Maine LoanTM, Maine’s Alternative Student LoanTM, and Maine Medical Loan for 2018–2019 are 4.99%1, 6.29%2, and 7.49%3 depending on the repayment option selected. These loans are available for the full cost of education minus financial calculator to help you understand the feasibility of paying off your debt with your anticipated future income. This calculator will help you estimate what your monthly payments will be and how much the loan will cost you depending on what. THE MAINE MEDICAL LOAN IS AVAILABLE TO STUDENTS PURSUING MEDICAL DEGREES SUCH AS MD, DO, DENTISTRY, VETERINARY MEDICINE, CHIROPRACTIC. There are a number of different options available to as*ist students and parents when it comes time to pay back student loans. The Maine Loan and the Maine Medical Loan were formerly offered by the Maine Educational Loan Authority (MELA), and are now being administered by the Finance Authority of Maine (FAME). MELA was merged with FAME as of October 15, 2015. Like MELA, which provided private student loans, FAME’s mission is to as*ist Maine students and their families in achieving their higher education goals. Since 1990, FAME has provided financial education and outreach, as well as grant, scholarship, loan, loan guarantee, loan forgiveness and college