Consolidating a PLUS loan through Academic Financing Corporation
Minimum amount to consolidate: $7500
Payment incentives: Receive an automatic 1.0% interest rate
reduction after 36 initial monthly payments are made on-time.
Optional incentives: 0.25% interest rate reduction through
automatic debit of payments from bank account.
Apply on-line at www.academicfinancing.com or call
1-877-232-4322.
NOTE to AFC PLUS borrowers: if you consolidate your AFC PLUS
loan(s) you will lose your current borrower benefit of an automatic
0.25% interest rate reduction. You will also lose your current
payment incentive of 1.75% interest rate reduction with automatic
debit of payments. Be sure to consider this before you decide to
consolidate.
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