Student Loans Consolidation
Advice
copyright http://www.student-loan-consolidation-advice.com, 2011
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Bank of America has been a provider of federally back student loans and
student loan consolidation for more that 20 years. However in 2009 it
suspended its loan program. Bank of American has issued the following
statement.

"Bank of America has suspended the origination of federal student loans.
We are no longer accepting applications for Stafford, PLUS, or Graduate
PLUS loans. If you have questions about obtaining a new student loan,
please contact your school's financial aid office."

We contacted Bank of America to ascertain when they might reenstate
their loan program and were told that there are no plans for restarting the
student loan program. Never the less they do  provide student loan
consolidation advice and assistance.  

They indicated that the current down turn in the economy and resulting
financial crisis was the primary reason for suspending this valuable
program. If you already have a federal loan you can qualify for a student
loan consolidation with the Direct Student Loan Consolidation Program.





                                         
 Bank Of American Student Loans