Alternative Student Loans

Applying Online. These loans are part of the fastest growing online sectors: private college financing, but it should not be your first choice. Some estimates show that the borrowing of alternative student loans has grown 40% in a single year. This could be because of the rising costs of college tuition paired with low Federal loan lending limits, all amidst a bad economy. NOTE: we rotate lenders and loan offers and Spotlite a single sponsor company every other semester, where you can apply online. Try the following offers:

September 2010 Sponsor Spotlite: A NEW alternative student loan co-brand product is @ iStudentLoan: you can quickly compare and FIND private and alternative student loan options covering up to 100% of your total college expenses, minus other aid received. The New alternative loan comparison for college can be found HERE. Spring Break is over ond tuition bills are coming due for the summer and fall tuition will be due in January for most college students. If you need funds for college quickly then review alternative loan offers at i Student Loan. Also consider applying for alternative loan options at Sallie Mae www.salliemae.com or call them at 888.2.SALLIE; their TDD number: 888-833-7562.

Or, visit our updated student loan Blog for more educational information and resources for private and alternative student loans.

Alternative loans fill the gap between Awarded Federal aid and the actual total cost of attending college. Tuition costs have risen, but not parallel with how much Federal loans have risen. Bottom line, most students are finding their Federal aid and loans do not cover all of the costs associated with college today. Many often end up resorting to taking out alternative loans. Some students even go to the extent of applying for credit cards. Instead of a credit card, students should seriously consider a prepaid debit card. Find prepaid debit cards to compare and sign up on-line, visit prepaid debit cards.net

Alternative student loans not only cover tuition, but they also pay for school related expenses such as room and board, travel, study abroad, computers, and other expenses that come with today's college education. This simple guide is based on the KISS principle ( Keep It Simple, Stupid). We will rotate multiple alternative loan lenders and advertisements, usually highlighting one or two great options in particular each semester. Even though fewer banks and lenders are offering non certified private loans, the blog on this website will provide updates regarding which banks and lenders currently offer alternative student loan products and services.

Did you know: Four common types of alternative student loans are: Undergraduate, Graduate, Medical School and Law school. And also, Federal loans are cheaper than private loan. An alternative student loan is credit based; in order to get approved the applicant must have an established positive credit score. A student with no credit will most often require a cosigner to receive the alternative, aka private student loan.

Visit iStudentLoan for private and alternative student loans from $1,000 to $40,000 per academic year.

http://www.alternativestudentloans.org/