Hey everyone, I'm likely going to borrow an absurd amount of Graduate PLUS U.S. Federal government loans to fund my MBA education. I know that several private loan companies offer opportunities to reduce interest rates. For instance, establishing a monthly payment plan, using other services (i.e. credit cards), etc. Do you know whether similar options are available for Federal government PLUS loans? I haven't read anywhere options to reduce interest rates. Any tips would be much appreciated.
I've done a fair bit of loan shopping and have never heard of discount programs for federal loans. Alos, if you're going the federal route, make sure to max out your Stafford loans before taking PLUS loans; the interest rate is lower.