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For high school seniors and college students: It's loan season and if you need to borrow to pay for college, we're here to help you understand the process. Next week we'll be hosting 5 nights of Facebook Lives to educate you on borrowing and lending! Sign up for a reminder here.
For 9th - 11th grade families: If you're starting to look at colleges and want to make sure you're looking at colleges that can offer your student money, check out our College Free Money Finder. It gives you access to a database of over 1200 merit scholarships from colleges! |
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If your student is looking for ways to save on room and board for college, working as a Resident Assistant may be part of the plan.
Keep in mind this is a job that has many responsibilities. It’s not exactly like Mrs. Garrett’s in “The Facts of LIfe,” but pretty similar. (Yes, we’re showing our age here.)
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What’s up ahead on The Road…
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We are so excited to announce our 5-Day Borrowing & Lending Series!
AND to kick it off on Monday, June 3rd (8:30pm EST), we are thrilled to have Jean Chatzky, CEO of HerMoney and Financial Advisor on the “TODAY Show,” join us.
Jean will be discussing budgeting and how we can manage to squeeze a little more out of our existing budgets. You won’t want to miss it!
Day Two: Figuring Out Your Student Loan MIx
Day Three: Understanding Interest and Other Student Loan Features
Day Four: Can You Get a Student Loan Without Using a Cosigner?
Day Five: Make An Informed Decision: Use all your new found knowledge to make the best financial decision for you and your family.
All Facebook Lives are recorded. You can find them Live and recorded on the Road2College Facebook page here.
This educational series is being sponsored by: |
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Compare Rates Among Lenders
If you need to borrow money to pay for college, now is the time to gather as much information as you can before you're pressed to make a decision of where to borrow.
Use the links below to get prequalified and/or submit an application to find out the interest rate you'll receive. If you do all your loan shopping (including submitting applications), within a 30 day window, the credit bureaus do not penalize your credit score for submitting applications to multiple lenders.
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LENDER I RATES
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CommonBond I 3.74% - 9.72% *
LendKey I 4.50% - 9.47%*
College Ave I 3.99% - 11.98%*
Citizens Bank I 4.45% - 12.42%*
Sallie Mae I 4.25% - 11.35%*
*Variable rates as of 5/30, fixed rates may vary
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Which Colleges Rank High on the Generosity Index?
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It’s hard to believe that the words “college” and “generous” can ever appear together in the same sentence, let alone the same thought, but they can…if you know where to look.
Our College Free Money Finder guides families to find colleges that can be more generous to their students. By entering a student’s academic information, state of residency, location preference, along with interests in the arts, sports, STEM, and nursing, families will
receive a list of colleges in order of merit or need-based generosity.
It’s amazing what you can find, if you just know where to look.
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Tomorrow’s Tuition at Today’s Prices
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Lots of great information about 529 savings plans and how to incorporate them into your college saving strategy was discussed, and as Bob said, “Money you save is money you don’t have to borrow.”
What I find so valuable, is if your student will be attending one of these 300 schools, you can purchase their senior year's tuition at today's tuition prices! You can also transfer money from an existing 529 plan to gain this benefit.
In addition, it's a great way for friends and family to give graduation gifts that will REALLY help pay for college.
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| Debbie Schwartz Founder, Road2College I'm a parent, like many of you, navigating college admissions and paying for college. With an expertise in personal finance, analysis, and marketing, I'm working to give families the information and tools to make smarter financial college decisions. |
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If this newsletter no longer fits your needs, consider receiving our new newsletter, focusing on financial issues related to students currently in college or recently graduated.
Road2College may receive affiliate compensation on items purchased through our links. |
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