How to Get Low Student Loan Interest Rates

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Subject: How to Get Low Student Loan Interest Rates

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Lending an Ear

A weekly guide to financing college.

July 2, 2023

Not All Student Loans are Created Equal

Student loan interest rates can vary by as much as 5% between lenders. Learn how to shop around for loans to be sure you're getting the lowest interest rate possible HERE.

Answers to Your Top 5 Questions About Student Loans

Taking on student loan debt is a major decision and families should know what they're signing up for before borrowing. We've got answers to the most commonly asked questions HERE.

Mark Your Calendar

Student Heading Off to College? What to Know to Protect Your Family's Financial Investment: Thursday, July 20 at 8:30pm ET
5 Simple Rules for Parents: How to Provide the Best Support for Your College Student: Thursday, July 27 at 8:30pm ET

Private Lender Suggestions

(Variable APRs as of 6/30/2023)

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 5.49% - 13.97%*

➡️ College Ave 5.29% - 15.99%*

➡️ Sallie Mae 6.12% - 16.45%*

➡️ Citizens (through Credible) 5.90% - 13.98%*

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

Before you commit to a private lender, check out Juno to see if you're getting the best loan rate available for your credit profile.

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.

📽️ Watch our Financing College videos.

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

✅ Download our FREE Student Loan Tip Sheet.

Lending an Ear

Q & A

Community Question: If we borrow the federal student loans and want to make payments while our student is still in school, how do we know who to make the payment to?

Answer: After your student's first federal loan is disbursed to the school, they will be assigned a federal loan servicer. You can view the servicer information by logging into your account on www.studentaid.gov. To make a payment, you'll need to create an account on the servicer's website.

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: How to Get Low Student Loan Interest Rates