Private Student Loans: Everything Your Students Parents Need to Know

College is expensive! Students should always look first to scholarships, grants, and savings to pay for college. Then they should investigate federal student loans. Unfortunately, oftentimes these won’t cover everything so their families will need to consider private loans to fill in the gaps. There are many issues to consider with private student loans including the interest rate, repayment terms, lender credibility, and customer service.

Citizens Bank has put together a great primer about private student loans than can help educate parents on what to look for. Questions answered include:

Use the links above to go to a specific section of their post or follow this link to see the entire primer on private student loans: