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for parents of undergrads

Recommended Aid Options:

Parents can help their student children in several ways. You can borrow money against your own name or co-sign for a private student loan that your student will be obligated to repay after they graduate.

  1. Parent PLUS Loans:
    you can borrow up to the cost of attendance minus any financial aid received by the student. PLUS loans are subject to credit approval: jump to parent PLUS loan information

  2. Home Equity Financing:
    if you have substantial equity value in your home, you might consider using a home equity line to help pay college expenses: jump to home equity information

  3. The Banker Home Equity Line of Credit (BLOC):
    same as home equity loans except that you use the credit line as your money account. You must have working income for the program to work: view the BLOC product demo

  4. Private Student Loans:
    if your students needs additional funds that are not subject to federal regulations, check into private student loans.

    By co-signing the note, the student can borrow as much as they need each academic year and save money - build good credit - and pay off your student loan faster:
    jump to private student loan information
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