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What is a Federal Student Loan?

A student loan is a federally funded loan that must be repaid with interest. Student loans will supply a student or their parents in some instances with borrowed funds to help them pay for college or university under the support of the federal government. Federal student loans come with relatively low interest rates, flexible repayment terms, and many other options and benefits.

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Student Loan Assistance Counsel

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The Student Loan Assistance Counsel (SLAC) is a third party provider and is not associated with any government entity including the Dept. of Education. SLAC is a private organization specializing in Document Preparation, Submission, and Tracking. We offer a free counseling session to help identify which Federal programs are available to you. Our service consists of the Preparation, Submission, and Tracking of your Federal Student Loan Consolidation Documents. Consumers are not obligated to use a third party resource and may choose to complete their own documents for student loan consolidation based on the federal programs. SLAC does not provide services for debt negotiation, debt settlement or any altering of the current debt. Our services are strictly for the assisting in the completion, submission, and tracking of federal student loan program documents.