Important Forms for College Students❗

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Subject: Important Forms for College Students❗

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Lending an Ear

A weekly guide to financing college.

August 4, 2024

Don't Send Your Student to School Without Completing These Documents

You've put down the enrollment deposit, received the tuition bill, applied for private loans, started dorm shopping, and your student is almost ready to head off to college.

There are important documents that still need to be completed. Read HERE to learn what they are and why they're essential.

Helpful Advice for Newbie Parents of College Students From Parents Who've Been There

Preparing to send your student to college for their freshman year can be overwhelming and emotional. There’s a lot to keep track of and think about–especially since you can’t know what you don’t know yet.

To help make the transition as smooth as possible, read these great tips and tricks gathered and successfully implemented by parents.

Mama Bear Helps You Take

Care of Your Student in an Emergency

Privacy laws make it difficult to help your adult children in an emergency. Get a Young Adult Power of Attorney with Mama Bear Legal Forms.

They'll help you create your documents in 20 minutes. Save 20% by entering promo code Road2College.

Follow These Steps to Find the Best Student Loan Rate

Always make sure your student is maxing out Federal Direct Student Loans before borrowing private loans.
Apply to at least 3 lenders to compare rates. Choose from our recommended lenders below.
Create a free account with Juno, a partner who negotiates interest rates with lenders.
Use Juno to see if they can offer a loan, from their lender, with a better rate than your best private loan offer from step 3.
Compare your best rate with the Parent Plus Loan (PPL) interest rate. The adjusted PPL interest rate to compare against is 10%. This includes the origination fee.

Our Private Lenders Suggestions

(Variable APRs as of 7/29/2024)

➡️ College Ave 5.59% - 17.99%*

➡️ Sallie Mae 5.37% - 15.70%*

➡️ SoFi 5.74% - 15.86%*

➡️ Ascent (Cosigned) 5.99% - 15.85%*

➡️ Citizens (through Credible) 5.99% - 16.60%*

*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 and renters insurance.

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

✅ Check out Harlan Cohen's BEST FIRST YEAR College Coaching Program for Students and Parents. Be prepared for ALL the changes ahead! Get $30 off with code R2C30off.

🎁 Save 10% off diploma frames and treat your student to a graduation gift with DiplomaFrame. Use coupon code ROAD2COLLEGE for your discount.

Got Questions About Paying for College?

We're Lending an Ear and Answering!

Question: I plan to pay our student loans in full while my student is in college. If we can get a lower interest rate through private loans, should my student still consider borrowing federal loans?

Answer: If you plan to repay the full loan while your student is still in school, your student doesn't qualify for a Subsidized federal loan (the one that doesn't accrue interest), and you can get a lower interest rate through a private lender, you may be better off using private loans in this specific case.

Be aware that if you don't pay the loans off in full while your student is enrolled, you won't have the same repayment protections that federal student loans offer.

Submit your questions 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.

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Subject: Important Forms for College Students❗