Have a college planning question?

10 Questions to Ask Before Taking Out a Student Loan

Posted by Lindie Johnson on Jul 20, 2015 3:57:43 PM

If you or your child are planning on borrowing for college, there are some questions you should first ask yourselves. Not all loans are created equally and doing some careful comparisons and figuring answers to some tough questions could save you lots in the long run. We've put together the below list of questions to help get you started with this process.

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Topics: Borrowing for College

7 Things to Know about Student Loans

Posted by Lindie Johnson on Jul 13, 2015 4:55:25 PM

You've probably heard a lot about student loans if you or your child are heading to college in the near future: the good, the bad, and the downright wrong. If you need to borrow for college, here are 10 things you should know about student loans first. 

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Topics: Borrowing for College

How much should I borrow for college?

Posted by Lindie Johnson on Jul 9, 2015 1:00:44 PM

When the time comes to pay for college tuition, most families find that they will need to borrow in order to meet the bill. You may have heard student loans called "good debt" since they can help increase a student's earning potential and societal contributions. However, no debt is good debt if is taken on irresponsibly. 

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Topics: Borrowing for College

For parents: paying for college in ri

Posted by Lindie Johnson on Jun 29, 2015 7:00:00 AM

Since the day your child was born, you may have been considering how you are going to pay for their college education. Now that the time has come, the task may feel more daunting than ever before. Even if you have prepared and planned, there may still be a few kinks to work out. Don't let the financial burden of paying for college get you down. Here is some information that can help Rhode Island parents who are paying for college.  

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Topics: College Financial Aid, Borrowing for College

10 things to do the summer before college

Posted by Lindie Johnson on Jun 24, 2015 11:34:00 AM

After high school graduation, everything that follows can affect the course of the rest of your life. You are now closing a chapter and opening up to a whole new world. Before you go off to college, there are some key points to rehearse to ensure that you stay on the right path. Take the time before college to not only have fun but to consider some key life skills that will take you far beyond what you can imagine and help make you grow into a successful young adult.

Here are ten things to do the summer before college.  

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Topics: College Planning

How an internship in ri can help you land a job

Posted by Lindie Johnson on Jun 18, 2015 4:00:00 PM

During college, many students are in search of part time work to help supplement living expenses and books. Often times, lacking in experience to land a worthwhile position, students will settle for a substandard job to get a paycheck.  

What if you could use your time more wisely to benefit your future through an internship? An internship is an amazing opportunity for aspiring professionals to gain the necessary skills for a specific career. Although you may not want to spend your free time or summer break working, the reward may outweigh the labor. There are numerous benefits to participating in an internship including increased chances of getting a job after college.

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What it means to be a student loan cosigner

Posted by Lindie Johnson on Jun 8, 2015 7:30:00 PM

If you are considering cosigning a student loan, you are doing a great thing to help someone achieve their education goals. Often times, parents cosign student loans for their children, or you may be asked to cosign for another family member or close friend. 

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Topics: Borrowing for College

State-based student loans

Posted by Lindie Johnson on Jun 1, 2015 6:30:00 AM

When it comes to student loans, there is no "one size fits all" solution. You may have to pick and choose through various loans to cover the entire cost of your college career.

It is wise to begin with federally funded student loans, including the Federal Direct Subsidized and Unsubsidized Loans and Perkins loans, to secure the best terms and get the most repayment flexibility.

But once federal student loans have been tapped out, where do you turn to next?  There is the Federal PLUS Loan, a federal loan for parents which your family may find meets your needs. However, state based student loans offer residents and students going to school in that state the opportunity to borrow through state-based programs, often at rates and fees lower than Federal PLUS Loan rates. Offering an array of favorable terms and rates, state based student loans may be the answer to your problems.  

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Topics: Borrowing for College

Minimizing debt: 7 tips for borrowing less for college

Posted by Lindie Johnson on May 28, 2015 7:30:00 AM

While most students graduate with reasonable amounts of debt (unlike what you have probably heard in the news), students and parents certainly could do more to reduce the amount they borrow and minimize their debt. After all, graduating with less debt will help students get started on the right foot.

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Topics: Borrowing for College

Student Loan FAQ

Posted by Lindie Johnson on May 20, 2015 2:30:00 PM

When it's time to choose a student loan, there may seem to be many more questions than answers.

You may be wondering about what kinds of loans are available to you and what are the best terms to agree upon. Don't be in a state of confusion when you choose your college loan.

To get a better understanding, here are some frequently asked questions about student loans.

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Topics: Borrowing for College