Do This or Risk Loan Delays ⚠️

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Subject: Do This or Risk Loan Delays ⚠️

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Lending an Ear

A weekly guide to financing college.

June 4, 2023

How to Avoid Delays in Financial Aid Disbursements

Before your student starts school, learn about how financial aid disbursements work, what documents to complete if borrowing federal loans, and common mistakes that can delay your financial aid HERE.

What to Know About the Federal Parent PLUS Loan

If you're considering the Parent PLUS loan to fund your student's college tuition, read HERE to make sure you understand the terms of repayment and your options for refinancing after graduation.

Don't Miss Our Event:

Student Loan Basics

With Angela Colatriano

of College Ave Student Loans

June 13, 2023

8 pm (ET)

Our Private Lenders Suggestions

(Variable APRs as of 6/1/2023)

Note: We recommend you borrow federal student loans first. Once you've exhausted your federal loan eligibility, carefully compare your options from private lenders.

➡️ Ascent (Cosigned) 5.98% - 15.63%*

➡️ SoFi 5.24% - 12.82%*

➡️ College Ave 5.09% - 15.32%*

➡️ Sallie Mae 5.99% - 16.33%*

➡️ Citizens (through Credible) 6.03% - 13.25%*

*Rates are based on automatic payment discounts of 0.25 percentage points.

We're Here to Help You!

📊 Download our FREE Student Loan Comparison Spreadsheet.

🐻 Use Mama Bear Legal Forms to make sure you can help your student in an emergency. Enter promo code Road2College & save 20%.

💰 Compare your student's college offers to what other student's have received with our FREE Compare College Offers tool.

🎓 Protect your college investment with GradGuard tuition insurance.

💻 Join our free PFC101 Facebook group and connect with other parents on the paying for college journey.

✅ Download our FREE How to Pay for College Tip Sheet.

Lending an Ear

Q & A

Community Question: If our student plans on borrowing the unsubsidized loan ($5500 for freshman year), can we wait to use the full amount in the spring so it doesn't accrue interest during the fall?

Answer: You can contact the school's financial aid office and ask them to disburse the full loan in the spring only. When you speak with them, be sure to confirm that there is enough room in their cost of attendance to borrow the full amount in a single semester.

Have a question of your own? Submit it here, then check back each week as we highlight the most pressing questions and share our advice.

Our R2C Content Team is dedicated to helping families navigate the

ever-changing world of college admissions and financing.

Lending an Ear is written & edited by Becca Blauch.

Disclaimer: The information provided in this email is for general informational purposes only. Road2College is not a financial advisor or planning service, and as such, cannot be held responsible for any direct or indirect circumstances. Please consult a licensed financial professional before making any financial decisions. Road2College may receive compensation from products and links featured in this email. When evaluating offers, please review the financial institution’s Terms and Conditions. Pre-qualified offers are not binding.
Road2College may receive affiliate compensation on items purchased through our links.

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Subject: Do This or Risk Loan Delays ⚠️