Time to Apply for Private Student Loans!

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Subject: Time to Apply for Private Student Loans!

It's Time! ⏰

Shop for the Best Student Loan Rate.

Dear Parents,

Private student loan interest rates are on the rise. If your student needs a private loan to cover their college education costs, it's time to start applying.

We encourage you to complete the loan application process now to lock in a rate offer.

Estimate the amount you'll need for the full school year. It's okay to estimate on the higher end of your costs (using the school's cost of attendance as the maximum you can receive).

Why? Decreasing your loan amount later is easier than increasing it, and interest only starts accruing when the money is disbursed (not when you're approved).

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

Check Out These Private Lenders:

(Variable APRs as of 6/30/2022)

➡️ Ascent (Cosigned) 1.78% - 9.37%*

➡️ SoFi 1.89% - 11.98%*

➡️ College Ave 0.94% - 12.99%*

➡️ Sallie Mae 2.00% - 12.35%*

➡️ LendKey as low as 2.14%*

➡️ Citizens (through Credible) 1.86% - 8.99%*

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

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

Check Juno's Offer

TIP: If you complete your loan shopping (including submitting applications) within a 30-day window, credit bureaus will not penalize your credit score for submitting applications to multiple lenders.

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.

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: Time to Apply for Private Student Loans!

​TIP: If you complete your loan shopping (including submitting applications) within a 30-day window, credit bureaus will not penalize your credit score for submitting applications to multiple lenders.

TIP: If you complete your loan shopping (including submitting applications) within a 30-day window, credit bureaus will not penalize your credit score for submitting applications to multiple lenders.