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What is the national student loan?

I applied for college financial aid to cover my college fee and living costs. I will be finishing my undergraduate in nursing this coming year. Therefore, I have been thinking of contacting the national student loan to help me as I start with my debt repayment. Can anyone please provide in-depth information on this topic?

I am seeking information if this service can help me concerning the unsubsidized student loan option. Lastly, as I would like to plan ahead, information on paying back student loans process will also be very useful.

Ashley Howard

in Student Loans

1 answer

1 answer

Ross Pratt on March 22, 2018

The National Students Loan is a privately held company that helps you as you go about preparing and managing your application for repayment schemes and loan consolidation services given by the Department of Education (DOE). Since unsubsidized students loans are federally provided, you can use this company to manage it.

An important thing to note is that this company is not connected to the DOE in any way whatsoever.  Moreover, NSL is neither a loan servicing company nor does it provide debt relief solutions such as settling loans, renegotiating terms, and changing the terms of your loan.

Paying back a student loan is very laborious. This is because of issues such as work, raising kids, moving to another country etc. NSL steps in at this point to help you tackle this. It handles your matter in two ways:

1. Basic assembly and planning.

NSL collects all the relevant documentation required by the DOE and submits it to the appropriate personnel there. This therefore gets this task off your hands.

The duration of time required to come up with a consolidation package will depend on you and your NSL assigned adviser. This company has been handling college finance aid for clients for many years. Thus, be sure that your application will be treated with the expediency that it deserves.

Just sign a document allowing them to handle this for you and you can rest assured that your application will be systematically assembled, reviewed and presented to the DOE without a glitch.

2. Use of your information

The confidential personal report collected is used to:

  1. Render applicable services to you
  2. Manage your NSL account;
  3. Tackle the queries you send to NSL
  4. Get your communication on serves offered by NSL
  5. Give you informative updates and news

The non-confidential report is used for:

  1. Analyzing user operations on the website. These include most viewed areas, received emails, opened emails etc.
  2. Implementing research on the market and
  3. Measuring of operations.

Contact NSL via a phone call to try them. They are very professional and with good customer care. Once you do this, you will be connected to a superbly trained member of the NSL team who will ask you about your situation in depth. Be sure to explain your issue elaborately.

Your adviser will identify the most appropriate program for you. Paperwork will then be presented to the DOE. 

Noel Byrd2 years ago

National Students Loan is an exceptional company. They made my loan consolidation process very easy to go about. I was very satisfied with their customer care and professionalism.

I would like to bring to your attention some of the awesome loan programs offered by this good company:

Repayment plans

Below are some of the repayment schemes provided at NSL:

1. Income-Based Plan:

Income-Based Repayment (IBR) intends to lower the payments that make each month. This in turn makes your debt repayment more convenient and feasible. This is the best plan if you wish to make little payments of your student loan each month.

Try it; there are instances that you can pay $ 0 every month!

2. Pay As You Earn Plan:

This plan makes the payments that you make each month more affordable. It gives you the least payment per month that you can make basing on your income.


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