Comparing Student Loan Options

Once you’ve exhausted scholarships, grants, and federal student aid, you may need more funding to cover your tuition bill. Private student loans exist to help families fill the gaps left after using other forms of aid. But how do you determine the best fit for your situation? Below we break down two of the most common questions for borrowers.  Should I choose [...]

Comparing Student Loan Options2021-07-16T14:11:48-05:00

How to Pick a Good Student Loan Co-borrower

When delving into the world of private student loans, you may discover that many lenders mention a “co-borrower.” A co-borrower is someone who applies for the loan with you and is equally responsible for ensuring it is repaid. A private student loan will be held in your name as the [...]

How to Pick a Good Student Loan Co-borrower2021-06-16T10:16:37-05:00

How Can I Use My Private Student Loans?

When you receive your award letter from your college of choice, you’ll see a couple of important numbers listed – the estimated cost of attendance (COA), and any financial aid for which you are eligible, such as scholarships, grants, and federal loans/work study. What is Cost of Attendance (COA)? The [...]

How Can I Use My Private Student Loans?2021-06-02T10:28:56-05:00

Federal Direct PLUS vs. Private Loans – Know the Difference

If you’ve exhausted scholarships, grants, and Federal Direct Loans to cover college costs and are still left with funding gaps, you might be considering Federal Direct PLUS or private student loans. There are some key differences between the two loan types that are important to understand – we’ve outlined the [...]

Federal Direct PLUS vs. Private Loans – Know the Difference2021-06-04T07:53:17-05:00

Fixed vs. Variable Rate Student Loans

When searching for private student loans, you may find some lenders offer both a fixed and a variable rate option. What does this mean, and what are the pros and cons of each? Fixed Interest Rate A fixed rate loan is exactly as it sounds – the interest rate is [...]

Fixed vs. Variable Rate Student Loans2021-05-24T13:36:37-05:00

Federal Student Loan Payment Suspension – What You Need to Know

Updated March 1, 2021 With the extension of certain federal loan repayment measures through September 30, 2021, many borrowers may be wondering what this means for their loans, and if they should continue making payments if they are able. Full details are available at https://studentaid.gov/announcements-events/coronavirus, but below we have shared [...]

Federal Student Loan Payment Suspension – What You Need to Know2021-05-24T13:40:29-05:00
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