October 5, 2009
PGPresents, LLC, the company based on "responsible borrowing through shared responsibility" today released a new video designed to help Class of 2009 medical school graduates keep their loans in good standing. They face a key "Decision Point" this fall when the 6-month grace period on their Federal Stafford Loans expires.
With recent changes to deferment eligibility and continuing questions regarding Income Based Repayment and Public Service Loan Forgiveness, these graduates need the objective and timely help provided by PGPresents to help keep their loans in good standing.
"For many first-year residents, the decision may come down to either reducing or completely eliminating payments through Internship Residency Forbearance or actually entering a repayment plan, most likely Income Based Repayment (IBR), since that is the only plan many can afford right now with their residency stipend. There are consequences to consider with either choice and this video is designed to help them make a more informed decision. What they ultimately do will mainly depend on their personal monthly budget and their other financial commitments as well as their own repayment strategy, be it an aggressive one or one designed to delay payments during residency." Paul S. Garrard, President and Founder
PGPresents was founded by Paul S. Garrard in the summer of 2008. Mr. Garrard has more than 27 years of experience in student financial assistance and higher education financing, including 14 years working as a financial aid professional and 13 years working directly with higher education groups and the student loan industry. PGPresents proudly includes in his client base guaranty agencies, medical schools, and recent graduates for whom he helps manage their student loan portfolios.
"Responsible borrowing is an attainable goal, but it is also a shared responsibility."
Contact:
Paul S. Garrard, President
www.PGPresents.com
paul@PGPresents.com
877.201.6162
736 North Danville Street
Arlington, Virginia 22201
Posted 10/07/09 to www.NASFAA.org. Posting of press releases is done as a service to Members and does not imply endorsement or support by NASFAA. NASFAA does not review this information for content or accuracy.
