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ARE YOU FOLLOWING THIS TIMELINE?
This is the time of year when you're deciding whether or not to go the student loan route, and we applaud you for planning ahead.
We're hoping by now you've figured out how much you need to pay for college and where that money will come from: savings, income, federal student loans, parent plus or private student loans.
If your family needs to borrow beyond the federal student loan limits, NOW is the time to research interest rates and compare loan options.
Here are some resources for you: - Below are lenders we suggest you check out to compare their interest rates, get pre-qualified (if available) and understand their loan options.
- Download our student loan spreadsheet to easily compare the total costs of loans from different lenders and compare them to the parent plus loan (including its origination fee).
- Block your calendar to watch our 3 day Facebook Live Student Loan Series - this coming Tuesday (6/16), Wednesday (6/17) and Thursday (6/18) at 8:30pm EST.
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Compare Rates Among Lenders
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 (APR)
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SoFi I 1.3% - 10%*ª
$250 bonus towards loan principal
CommonBond I 1.43% - 7.41% *
College Ave I 1.49% - 11.98%*
Citizens Bank I 1.29% - 10.60%*
Sallie Mae I 1.25% – 9.44%*
LendKey I 1.25% - 9.44%*
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*Variable rates as of 6/10/20, fixed rates may differ.
a) Road2College 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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