For undergraduates and graduates considering student loans to help pay for their education, finding a low interest rate loan is important. Understanding how rates are set and how they potentially change over time can help…Read More of the article "How Are Interest Rates Determined on Student Loans?"
Types of Student Loans
There’s a lot of jargon in the student loan world. We’ll help you cut through it all and make smart financial decisions.
At some point, most of us say, I wish I knew then what I know now. That same sentiment holds true for some college students regarding the financial aid process. After learning about the financial…Read More of the article "Five Things College Students Wish They Had Known About Financial Aid"
You may have heard about private student loans. Some information about private loans is like a Bigfoot sighting. There are a lot of stories, but they often aren’t based on facts. In this article, we’ll…Read More of the article "5 Myths About Private Student Loans"
If you have received your financial aid award and still need money for college, private loans may be worth considering. Banks, credit unions, and other lending organizations offer private loans. First Steps for Private Loans…Read More of the article "Selecting a Private Loan Program"
Most students need to borrow money to cover the cost of their college education. It’s important to understand the borrowing options available. If you completed the Free Application for Federal Student Aid (FAFSA) and received an award…Read More of the article "Understanding Your Options for Federal and Private Student Loans"
Thinking about applying for a new private student loan, or refinancing your existing federal and private student loans? Expect the lender to check your credit history and credit score. They do this to ensure you…Read More of the article "Understanding Your Credit Report and What Student Loan Lenders Look For"
Ever taken out or refinanced your student loans? You probably know the interest rate of your loan, and may have seen the letters APR on your statement. (APR stands for Annual Percentage Rate.) Understanding the…Read More of the article "Understanding Student Loan Interest Rates and APRs"
You’ve probably heard the term cosigner. But, do you know what it means, how it can help you, or what qualities make a good one? If you find your federal funds aren’t enough to cover…Read More of the article "Is a Loan Cosigner Right for You? Navigating the Benefits of a Cosigner"
Financial aid is awarded in many forms, and as a student, it is important to know all of your options before deciding which awards to accept. You’ll want to compare the aid and calculate the…Read More of the article "Understanding Your Financial Aid Award Letter"