There are many ways to pay for the cost of a higher education. After considering all your federal loans, scholarships and grants you may still have a gap you need to cover to pay your total college costs.
The State Bank works with the iHELP Student Loan program to provide you an attractive private student loan that can help you to cover that gap.
* Competitive interest rates
* No origination or repayment fees
* Flexible repayment options
* Easy to apply and responsive customer service
iHELP helps to meet your financing needs for college.
5 Money Tips for your College Bound Kid
Covering college costs today often requires a lot of student loans, but they can be viewed as an investment in a better future.
Not so with another form of student finances: reckless personal spending.
A recent survey of 340 financial advisers commissioned by First Command Financial Services in Fort Worth, Texas, found that many college students engage in bad financial habits.
The advisers reported that a large percentage of college students do not have a budget, charge too much on credit cards and carry high levels of debt.
But the best way to make sure a child stays out of trouble is for Mom and Dad to sit down and explain the financial facts of life.
"Parents can and should play a significant and ongoing role in educating their college-bound children about the importance of controlling spending and debt today as part of a lifetime commitment to sound financial behaviors," Kallsen says.
Following are five important topics parents should cover before shipping junior off to school:
* Help your child build a budget.
* Clearly establish financial expectations.
* Highlight the consequences of poor choices.
* Suggest online tools for tracking finances.
* Underscore the rewards of financial responsibility.
Click here to read more on each of these tips and how to have this important conversation today!