Alternative Student Loan Options

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Subject: Alternative Student Loan Options

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Lending an Ear

A weekly guide to financing college.

May 21, 2023

Your State May Offer Student Loan Options

Most families only apply for federal and private student loans, but your state may have their own loan program with low interest rates and other benefits. Read more HERE.

Are Interest-Free Loans Available?

An interest-free loan is a loan that has no interest and no fees. If you borrow $500, you pay back $500. Nothing more. Learn more HERE.

Register for Tonight's Event:

Financial Aid and Changes

to the FAFSA, Especially

For Divorced Parents

With Debbie Schwartz, R2C Founder &

Melissa Bassett, SoFi Student Loans

May 21, 2023

8 pm (ET)

Our Private Lenders Suggestions

(Variable APRs as of 5/16/2023)

Note: We recommend you borrow federal student loans first. Once you've exhausted your federal loan eligibility, carefully compare your options from private lenders.

➡️ Ascent (Cosigned) 6.16% - 15.49%*

➡️ SoFi 5.16% - 13.07%*

➡️ College Ave 4.99% - 15.32%*

➡️ Sallie Mae 5.87% - 16.20%*

➡️ Citizens (through Credible) 5.40% - 15.04%*

*Rates are based on automatic payment discounts of 0.25 percentage points.

We're Here to Help You!

📊 Download our FREE Student Loan Comparison Spreadsheet.

🐻 Use Mama Bear Legal Forms to make sure you can help your student in an emergency. Enter promo code Road2College & save 20%.

💰 Compare your student's college offers to what other student's have received with our FREE Compare College Offers tool.

🎓 Protect your college investment with GradGuard tuition insurance.

💻 Join our free PFC101 Facebook group and connect with other parents on the paying for college journey.

✅ Download our FREE How to Pay for College Tip Sheet.

Lending an Ear

Q & A

Community Question: What happens to student loans that parents cosign for in the event the student passes away unexpectedly? Are parents still fully responsible for paying off the loan?

Answer: When you cosign a private student loan, you agree to pay back the loan if the student is unable to. If the student passes away, the cosigner is still responsible for paying that loan back. This is why you should consider taking out life insurance for your student.

We know this is a difficult conversation to have with your family, but it's an important one.

Have a question of your own? Submit it here, then check back each week as we highlight the most pressing questions and share our advice.

Our R2C Content Team is dedicated to helping families navigate the

ever-changing world of college admissions and financing.

Lending an Ear is written & edited by Becca Blauch.

Disclaimer: The information provided in this email is for general informational purposes only. Road2College is not a financial advisor or planning service, and as such, cannot be held responsible for any direct or indirect circumstances. Please consult a licensed financial professional before making any financial decisions. Road2College may receive compensation from products and links featured in this email. When evaluating offers, please review the financial institution’s Terms and Conditions. Pre-qualified offers are not binding.
Road2College may receive affiliate compensation on items purchased through our links.

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Subject: Alternative Student Loan Options