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Should I Go or Should I Stay? |
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What might shake out to be the biggest parental dilemma of the year: Whether or not to allow your student to return to a college campus is fast becoming a reality as schools around the country are opening. We asked two experts to provide some helpful advice and questions to consider on whether your teen should head to campus.
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A College Spreadsheet...Now, Why Didn't I Think of That?
Going through the college admissions process is overwhelming in and of itself, and when you have a list of colleges, and emails, and notifications, and deadlines to keep track of, that's more than enough to send you over the edge.
As a solution, many students and parents find themselves making college search spreadsheets to help sort things out. We've outlined what should go into these spreadsheets and how to create one that will best serve your purposes.
Covering College Costs: Going Beyond the Basics (sponsored by College Ave Student Loans)
We're hoping you know the basics about how to pay for college: save as much as you can, apply to colleges offering the best financial aid, complete the FAFSA to receive financial aid, apply for scholarships, and if necessary apply for student loans.
But, did you know that aside from the basics, there are other strategies parents and students can use to pay for a college education?
Here are ten financial strategies to help you cover your college costs and ease the financial strain on your family’s college budget.
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| What's Up Ahead on the Road... |
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In a Test-Optional World, Essays Rule!
With more and more schools going SAT/ACT optional, colleges will now be looking more closely at both GPA and your student’s ESSAYS to get a better sense of who they are, and to assess their college readiness.
We did this workshop in Zoom earlier this week and had such a great turn-out, we decided to do share it in a Facebook Live as well.
Join us for a Facebook Live get-together this Sunday, August 9th at 8:30pm EST!
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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.
In other words, this mama says "You'd Better Shop Around."
If you're at all worried that applying to multiple lenders will make a big dent in your credit score, don't be.
When you apply for the same type of loan within a few weeks the credit bureaus know you are shopping for rates, so there's very little effect on your credit score.
We've done our own informal study and found that the lenders offering the lowest rates were College Ave Student Loans and Sallie Mae.
Use the links below to get prequalified and/or submit an application to find out the interest rate you'll receive.
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LENDER I RATES (APR)
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SoFi I 1.90% - 11.66%*ª
$250 bonus towards loan principal
CommonBond I 5.77% - 9.43% *
College Ave I 1.24% - 11.98%*
Citizens Bank I 1.25% - 10.57%*
Sallie Mae I 1.25% - 11.15%*
LendKey I 1.25% - 11.76%*
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*Variable rates as of 7/31/20, fixed rates may differ.
ªRoad2College followers will receive a $250 principal pay down when taking out a SoFi loan only when applying through this link.
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| My goal is to always provide you with affordable services, insightful information and access to actionable data to help you make more informed college decisions.
Feel free to respond to this email with any questions you have. |
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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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Road2College may receive affiliate compensation on items purchased through our links.
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