Most college students receive financial aid in the form of student loans, grants, scholarships, or Federal work-study. In order to understand what these options mean to you and your student, be sure to read our Paying for College Guide located in your Planner.
Preparing a four year college cash-flow analysis is the best way to determine actual yearly costs and any amounts that will need to be financed. Don’t forget to include; college savings plans, costs for unexpected supplies/off-campus housing/study abroad, annual tuition increases and possibly a fifth year of school. There are a few financing options available, with an education loan being the most popular. We know everyone would like to pay for college without loans, but it simply isn’t an option for many families. Once the student has accepted the Federal Student Direct Loan, it’s important to understand if parent loans (government or private) are the next best resource for your family. If you find yourself in need of private student loans, below are our suggested lenders. We have vetted these lenders for ease of application, customer service and competitive interest rates.
If you are not a CAP client and have questions, are interested in a four year cash-flow analysis or have a specific college payment question, please contact our loan department at Loans@CollegeAssistancePlus.com.
…Your financial meeting assisted us and our son with making good decisions as well as understanding the importance of looking at the big picture. You and your team were key. Your detailed walk through of the financing process let him know how the loans would affect him now and in the future. “Thank you” for your service and support. Your recommendations were most beneficial. ~ MS, Syracuse, NY