K-12 Private Student LoansMost financial aid programs are geared towards college. If your child needs assistance for high school, preparatory school, or other specialized education, private loans can provide funds for any educational expenses you have: tuition, tutors, uniforms, computers or learning software, previous school bills, special preparation classes or tutors for standardized tests such as the SAT or ACT. There are many unique loan programs especially created for parents or other involved adults (guardians, relatives, family friends) of elementary, secondary, and preparatory school students with financial need. With a fast and easy application process and a competitive interest rate, our goal is to help make quality education possible through our K-12 student loans. One benefit of a private loan is that the funds are sent directly to you, not to a school office or administrator. Origination Fee Most private loans have an origination fee associated with them. Origination fees vary based on the company you are lending from, the loan you are applying for, your credit rating, and the repayment option selected, if applicable. Repayment Terms Unlike federal student loans which often have a deferment and grace period, immediate repayment is required after loan disbursement for most private loans. What to look for in a private student loan:
Before taking out a private student loan, find out if you are eligible for any scholarships or grants. Search for Scholarships Search for Grants |
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