Who has a good college loan?

Looking for low intrest college loans for my son. We will be co signers. I want a low fixed rate but scouring the internet is proving to be rediculous with all the choices. How do I know whats good? Better yet, how do I know what to stay away from?

Who has a good college loan?

i got one from chase. the check is in the mail and the funds go directly to me, not the school. here is the link if you'd like to check it out. the APR isn't great, but you and defer the principle and the interest until after you graduate. also you can get up to 40,000$ a year.

good luck!

http://www.collegeloansite.com/

Who has a good college loan?

Have you tried for a ParentPLUS loan. KeyBank and Chase have very good education loans. You should also consult with a financial aid advisor at the school as to what would be the best loans for you and your son. Good luck.

Who has a good college loan?

You should get your son to fill out a FAFSA right now. He will likely get an unsubsidized loan, and depending on his need, he may get a subsidized loan as well. Just make sure that you stay federal. If you have to apply private, try working with your bank or something that is established and see what terms they have. Avoid Sallie Mae and many of the private company loan hawks like the plague; they slap unsuspecting customers with ridiculous interest rates that are totally unnecessarily (and, in my opinion, pretty crooked).

Who has a good college loan?

Have you filed a FAFSA yet? If not, do it! Low interest loans come from the FAFSA.

Be VERY careful about what you see in the internet. Honestly, unless you are seeking EDUCATIONAL LOANS from high reputation lenders (Bank of America, CitiBank..etc)...don't look. Ignore the TV commercials you see for student loans that look too good to be true!

Your first/best stop should be the financial aid office at the school he is/will attend. We had a student bring in a check for a loan he found on the internet...he was so glad it was sooo much money but once we showed him in the fine print, and calculated the interest...(loan was $30,000 and the interest would have put the payback at $150,000). He and Dad decided to rip the check up and work through our office.

Your financial aid office is there to help you. They will give you your options and sell nothing. :)

*On a personal note...If I get a PhD, I will get a loan from College Loan Corporation.

GOOD LUCK!!