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Financial Aid Tip of the Month, July 2006; Private loans bridge ...
Many sources of financial aid are available to help college-bound students pay higher education expenses, including federal and state grants, scholarships and Federal Stafford and PLUS Loans. In addition, merit-based scholarships and need-based grants are often available at the local level.All these programs may help ease the burden of paying for college; however, sometimes it is not enough to pay college costs. When that happens, parents and students may take advantage of private student loans, usually called alternative loans.In addition to providing Federal Stafford and PLUS Loans in Kentucky, The Student Loan People, Kentucky's only nonprofit student loan provider, offers the Advantage Loan. This loan helps bridge the gap between the cost of college and the financial aid a student has received.
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NextStudent Offers Private Student Loans for Undergraduates ...
PHOENIX, AZ -- (MARKET WIRE) -- July 21, 2006 -- There is an option for undergraduate and graduate students who have not yet applied for their student loans or for those without sufficient federal funds for the fall semester. Phoenix-based NextStudent, a premier education funding company, has a private student loan program to help undergraduate and graduate students receive the funding they need to get them through college.
NextStudent's Private Student Loans have no application deadlines or fees and are available throughout the year to help cover the total cost of a student's education, less financial aid. An annual maximum of $40,000 or the calculated cost of attendance (lesser amount) is available with a program maximum of $130,000. Private student loans pay for tuition and fees, housing, supplies and computers.