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Monday, August 25, 2008

School Loans

Nowadays, education is becoming an important things to our future.But how if we don't have enough savings to take a higher education? yeah...the expensive education cost is become the main problem for intermediate and lower family. so how to solve this complex problem?
May be the answer is to take a school loans. There are numerous types of loans for school, ranging from Federal to Private to Loans offered by your local credit union.many students and parents are turning to alternative financing such as private student loans. Private student loan limits are higher, as you can borrow up to $40,000 a year. These loans cover everyday college expenses such as room and board, a new computer, study abroad and most all other school related expenses.

Private student loan also have more advantages than federal.The applications are generally much easier than the federal loan applications, and you can apply for them any time. You can also get approval in minutes as opposed to months if you can’t wait for the federal aid to come through, and you can have your money in a week. The rates are very competitive, and many times there are no fees associated with this loan.

So what are you waiting for ? get your dream and have a better day. :)

3 comments:

JelO said...

Hmmm Yeah I am thinking of that too.. Do you have any recommended Loan Agents? If so, you should have posted them.. Nice info..

backseatcapitalist said...

The benefit of Federal vs Private, is the fact that, if you get a subsidized loan, the government will pay the interest on it while you are in school. Otherwise you have to pay interest or it compounds.

Hendra Lokkasa said...

hi jello, unfortunately i don't have a good loan agents for recommendation..i also look for it :)