选择贷款
- Alternative education loans are private loan programs offered through banks for the purpose of supplementing a student's financial aid package.
- They are not federally endorsed or guaranteed, but they must be certified by the Financial 援助 Office to ensure that the loan does not exceed your cost of attendance budget minus all other financial aid.
- Most alternative loan funds are disbursed in two installments and applied directly to the student's account.
We encourage you to explore all of your Federal Direct Student Loan and Federal Direct Parent Loan options first.
选择贷款 are based on credit worthiness and in most cases require a credit worthy co-signor if the student is the applicant. 选择贷款 interest rates, fees charged, repayment terms and repayment benefits vary between lenders.
我在哪里可以找到贷款?
火博体育大学 does not have a list of preferred private (non-Federal) lenders. Your local lenders, including credit unions and banks, are a good starting place to find information regarding private student educational loans. 资助.ORG is another resource where you can learn more about private loans and lenders. 还记得 to contact various lenders, research their websites and ask questions so you can compare the fees/interest rates/terms of available loans to make a well-informed decision. Upon loan approval, Skidmore will receive a request to certify the student’s eligibility and enrollment before the funds will be disbursed to the student’s tuition account.
Tips for Selecting an Alternative Loan Provider
As you may know, there are different student loan providers from which to choose. The 金融援助 Office encourages you to carefully evaluate and research the terms offered by the lenders to ensure the best possible term for your personal circumstances. Treat the importance of these loans the same as you would for any loan (car, mortgage, 等.你得考虑一下. Call the lenders, research their websites and ask questions.
Consider the following when choosing a lender:
- 发放的费用
- 还款的费用
- Interest rate - Adjustable vs. 固定
Borrower based benefits
Be aware that loan terms can change yearly and repayment benefits are dependent upon
specific borrower behaviors. Therefore, in order to retain borrower behavior based
benefits, such as reductions for paying by auto debit and/or reductions for specified
number of on time payments, you would need to specifically follow the loan terms in
order to receive the benefit.
- Auto debit interest rate reduction at repayment
- Interest rate reductions with a certain number of on-time payments
- Principal reductions at origination and/or at repayment late payment forgiveness
- Federal default fee paid by lender/guarantee agency
- Ability to regain benefits if you lose them due to a missed payment or lack of funds
客户服务
When selecting a lender, it is important to consider the lender's level of customer
服务.
- 24 hr Toll free 1-800 number
- Selling loan at repayment
- 第三方服务
- Online account access and email access to account reps
- Limited number of borrower complaints
- Electronic on-line application process and instant approval
- Flexible repayment options combined billing for federal and private loans