Private Loan Zone Blog
Posted: December 13, 2010
A college internship is one of the most valuable things you can do for your future career. Just think of the work experience you will gain, which may put you ahead of other college graduates when you begin looking for a job after graduation. In addition, if you work hard you can gain valuable contacts that may be able to provide a reference or help refer you for a position.Learn More >>
Posted: December 09, 2010
College students and parents are always looking for creative ways to finance their college education and reduce college expenses. It’s important to look at paying for college from every angle, from the school you choose to the way you finance your education.Learn More >>
Posted: December 07, 2010
Many students find that paying college bills after the New Year can be very difficult for several reasons. First, many families find themselves strapped for cash after the holidays. In addition, you have probably been using your cash, savings and student loan money to pay for first semester college expenses and you may be starting to run out of summer savings, depending on how well you stuck to your college budgetLearn More >>
Posted: June 1, 2010
Many students and parents face the same dilemma once they run out of free money, like scholarships and grants, and Federal Stafford Loan funds: where are we going to come up with more money to pay for school?Learn More >>
Posted: January 26, 2010
The financial aid process in itself is very confusing for students and parents, without adding the myriad of changes that have occurred in the student lending community in recent years. You and your family may have encountered some changes to the process of applying for financial aid, or selecting a student loan lender.Learn More >>
Posted: November 5, 2009
This year, college students and parents at many schools are facing large tuition increases. The average cost of a 4-year private school for the 2009-2010 school year is $26,273 (up 4.4% from last year), and the average cost for a 4-year public school is $7,020 (up 6.5% from last year) . With more parents out of work due to the current economic conditions, and less companies hiring college students for part-time work, many families are having a tough time covering the increased cost of tuition.Learn More >>
Posted: November 5, 2009
Ever since the credit crisis hit the student loan industry, it’s gotten harder to get private loan funds. Let’s face it – credit is tight these days. That means that banks are being much more selective in their lending decisions. Without any significant credit or income of their own, college students can experience some difficulty in getting private loans.Learn More >>
Posted: September 10, 2009
It’s September; the start of school and the start of your college money woes. First you have that gigantic tuition bill to pay. Then you have your college apartment where you may have to put down a deposit and first month’s rent. On your way to spend the rest of your cash at the college bookstore, you get slapped with a fine since you haven’t bought your parking pass yet. Yikes! While we’re hoping this isn’t happening to you, many of these expenses are typical for most college students and they often need to be paid by September.Learn More >>
Posted: September 10, 2009
Most consumers today are aware that identity theft is a problem and take the time to safeguard their information. We want to help college students and parents realize that identity theft isn’t limited to someone stealing your wallet or hacking into your computer. Identity crimes have become very complex; once you are a victim, it could take years to recover your good credit and monetary losses.Learn More >>
Posted: July 14, 2009
What is the best alternative loan? For most students the “best” loan is the one that costs them the least amount of money. In addition, you probably want to have convenient product features that make repaying your alternative loans easier.Learn More >>
Posted: July 14, 2009
For some students, the semester begins in less than a month and there is a rush to secure financing. Does it seem harder to get the money you need this year? You might be right. The bad economy and the tight credit markets haven’t been good for student loans.Learn More >>
Posted: February 24, 2009
Money may be tight for you and your family this year. And chances are your school's costs have gone up since last year. Many families are really digging deep and making sacrifices to cover college costs. As you're making decisions on how to pay for college, we just want to make sure that you aren't making any mistakes that might hurt your financial future. If any of these sound familiar, there is still time for you to reevaluate your financial aid decisions and work with your financial aid office.Learn More >>