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College of Cash - finding money for college

More Student Loan Help

June 6th 2007 12:47
Simple Tuition
A little while ago I wrote about student loans, specifically TERI loans. Since those don’t apply to everyone, I decided to pick up the topic again. I found a website that quickly compares different loan rates. That website is Simpletuition.com.


On this website you can click the link to compare federal loans, or private loans. After choosing which one you’re after (most likely a private loan to supplement what you’ve already gotten from federal loans and scholarships) it takes you to a page where you choose your school, and then type in how much you need to borrow, when you need the money, when you graduate, and if you have a co-signer. *Make sure you’ve clicked on the right version of private loan. There is a link for undergraduates, as well as graduate students.*

After it calculates the results it shows 11 different lenders. You can choose from a dropdown menu above the lenders to see even more. The numbers on this website are not guaranteed, but they can give you a general idea of what you will expect to encounter. One thing of note, I did a search without a co-signer and then one with, and the rates were pretty much the same both times.

Each of the lenders has its own icon that you can click on to go to their site. You should go to these sites to get the specifics on the rates they charge before you just decide to apply.

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