Home > School and Learning > By Grade > College > Paying for College > Shrinking the College Tab

Slideshow Iconslideshows MORE

|

Shrinking the College Tab

6 of 13
Femalecollegestudentwithtextbooks

Check out Nonprofit Lenders


Some nonprofit lenders, which are often state chartered, provide great deals for certain students, such as those selecting particular majors. These lenders, for instance, may shrink interest rates for students who choose public service fields or nursing in states where there is a desperate need for young people. For instance, Missouri residents who want to go into law enforcement, social work, and other public service careers could recently borrow money from the Missouri Higher Education Loan Authority (MOHELA) for an infinitesimal .5% interest rate. That's right, a half percent. The Michigan Higher Education Student Loan Authority was recently offering engineering students in the state -- residents and nonresidents -- a great deal. If they met certain qualifications, engineering students could capture a 0% interest rate on their federal Stafford loans.

Next: Leave the Car at Home

More on: Paying for College

From The College Solution Copyright © 2008, FT Press. Used by permission of FT Press, and Pearson Education. All rights reserved.

To order this book go to Amazon.

stay connected

Sign up for our free email newsletters and receive the latest advice and information on all things parenting.

Enter your email address to sign up or manage your account.

Facebook icon Twitter icon Follow Us on Pinterest

editor’s picks

highlights

Healthy Smile Checklist for Kids
Have better dental check-ups with this free printable checklist that helps keep your child flossing, brushing, and smiling! Brought to you by Philips Sonicare.

Kindergarten Readiness App
It's kindergarten registration time! Use this interactive kindergarten readiness checklist, complete with fun games and activities, to practice the essential skills your child needs for this next big step. Download the Kindergarten Readiness app today!

8 Easter Egg Decorating Ideas
Need some fun ideas for decorating Easter eggs with the kids? Look no further for colorful and cool designs!

7 Ways to Curb Kids' Exposure to Violence
American children are exposed to violence more often than you might think. Learn how to limit your child's exposure to violence and manage the mental health and behavioral effects it can cause.