Student Loans Without Cosigners
Obtain student loans without cosigner needed.
Follow these simple steps to secure a non-credit based student loan
for a no cosigner student loan.

CFS Suntech Student Loans

cfs suntech

CFS Suntech used to be one of the largest companies which serviced Federal Student Loans in the United States but on December 15th, 2005 CFS and JPMorgan Chase Bank, N.A. (NYSE: JPM) had signed an agreement to purchase Collegiate Funding Services, Inc. (NASDAQ: CFSI), a leader in student loan servicing and consolidation. They will join forces to provide student loans and will be run by the Chase Student Loan Department. CFS Suntech is now owned by JPMorgan Chase Bank. Individuals interested in pursuing their education can no longer apply for a CFS Suntech Student Loan, but would have to contact the Chase Student Loan department.  

CFS Suntech used to provide Federal Student Loans such as:

  • Subsidized Stafford Loan
  • Unsubsidized Stafford Loan
  • PLUS loan for parents
  • Consolidation Loan Program
  • Supplemental Loans for Students Program

The Subsidized Stafford Loan is available for both graduate and undergraduate study. While the student is in school, the interest on the loan is paid by the federal government. This loan is need based, so not all applicants may qualify. The Unsubsidized Stafford Loan is also available for graduate and undergraduate study. Unlike the Subsidized Stafford Loan, with this loan the student is responsible for the interest that is accrued on the loan while they are in school. This is not a needs based loan, so students may be eligible for the loan even if they do not show a financial need for the loan.

The PLUS loan program gives parents of students the option to borrow up to 100% of their child’s cost of education. Parents are eligible for this loan even if they do not demonstrate a financial need.

The federal student loan consolidation program makes it possible for students to take advantage of lower interest rates and lower their monthly student loan payments.

The Supplemental Loans for Students Program gives students the option of deferring and forbearing original SLS loans that would not have originally been eligible for such options.

Three major repayment programs are available for loans through the Federal Student Loan Programs. These repayment options include the following:

  • Standard Student loans repayment plan-with this option, students have the ability to take advantage of fixed monthly payments over the life of the loan
  • Graduated repayment plan-with this options, students can take advantage of lower monthly payments in the beginning of the loan when salaries are likely to be lower, with monthly payments rising gradually as income is expected to increase
  • Income Sensitive repaying student loans plan-with this option, payments are based on income and may be adjusted annually.

Best Student Recommendation
Before looking into a Federal Student Loan program you first want to see how much in scholarships you can secure for yourself. For information to see if your eligible to receive free scholarship monies, first visit websites such as unclaimed scholarships.

You may be eligible to receive scholarship money which you didn't know was available to you. Most people who attend college are eligible to receive it, but unfortunately never take the time to find out. This site will be a good resource for those scholarships many students don't take the time to apply for.

The Chase Student Loan Programs provides private student loans for college bound people as well as other types of college loan programs.

Want to know the difference between college scholarships and grants?

Go to CFS Suntech to learn more about the Chase Bank purchase.