There are many ways to pay for college. Students and their parents working
together to fulfill their education dreams is what we are all about. Federal
loans are the most widely used to pay for college because of the easy access
through schools. But sometimes that is not enough. Federal loans have limits to
borrowing and all the funds are sent to the school.
When families need additional money to cover other expenses (off-campus
housing, study abroad programs, education-related) or want to fully control the
funds for all expenses (including room, board, tuition and
fees), they often use private education loans. These programs can help
bridge the financing gap and generally have much lower rates than credit cards.
The funds are sent directly to the family giving them more control.
The unique differences about private education loans are that they
can be borrowed by the student and if need be can be co-signed. There is a
credit application that can be completed in a matter of minutes.
Click here if you want more information on your options for paying for
college with the Goal Advantage Education Loan or call us at
1-866-335-3049.