Blog

Nitro Knowledge. Your Guide to Paying for College.

9 Simple Mistakes that Can Raise the Cost of College
Private Student Loans
Can we all agree that college is expensive enough? By the time you cover tuition and fees, you've probably already shelled out thousands of dollars. Add in room and board and other expenses and your total price tag can shoot up quickly.

So listen, do yourself a favor and make sure that you're not spending money more than you need to, or worse, leaving money on the table that could help reduce your student loan debt. Here's what you need to know.

Read More

How Interest Rates Work on Student Loans — And How to Spot a Good One
Private Student Loans

When it comes to interest rates and student loans, most people know one thing: a lower interest rate is better than a higher interest rate. For the 2020-21 school year, the good news is that student loans are being offered at historically low interest rates, so there are many good deals to be had.

However, it’s probably no surprise that there’s more to an interest rate than meets the eye. Digging into the fine print can reveal ways to pay off your loan faster — and it can also expose the landmines that could end up costing you additional money.

Read More

Options for Paying for Off-Campus Housing
Private Student Loans

If you're considering off-campus housing, you're probably wondering how paying for off-campus housing differs from paying for dorms.

Here's what you need to know before you sign off on the rental agreement. 

Read More

Parent PLUS v. Private Student Loans: Which Should You Choose?
Private Student Loans

If you're figuring out your funding plan for the 2020-21 school year, we have some good news: Record-low interest rates mean there are plenty of great options for both student and parent education loans. 

However, it's important to know that rates and terms vary widely between student and parent options. In general, cosigning a private student loan for your child is going to provide the best opportunity for the lowest-possible interest rates and most generous loan terms. 

Read More

Only 8% of Students Get Approved for Student Loans Without a Cosigner; Find Out Why
Private Student Loans

What’s the easiest way to get approved for a private student loan? Apply with a cosigner. 

Why? Because most college students don't have an adequate credit history to qualify on their own. In fact, 92% of private student loans are cosigned (according to figures from the MeasureOne Private Student Loan Report, Dec. 2019). 

Read More

Decision Day During a Pandemic: 5 Things Seniors Should Consider
Private Student Loans

With only a week to go before the traditional May 1st National College Decision Day, you may find yourself second-guessing your school choice — or possibly your decision to attend college in the fall at all. Nothing is normal during a pandemic. 

How can you navigate one of the biggest decisions of your life when it’s impossible to know what life will look several months from now? Here are five things to think about. 

Read More
Best Banks for Private Student Loans in 2017. Get Your Rate.
Article Topics
Additional Resources

© 2020 Nitro College. All Rights Reserved.

Disclaimer:  The information obtained throughout the Nitro site is intended to be used for educational purposes only. All product names, logos, and other trademarks displayed within the Nitro site are the property of their respective owners. Here at Nitro we strive to provide you with accurate, up-to-date information, but suggest checking the source directly. We recommend consulting a licensed financial professional before making any financial decisions. This site may be compensated through our partner relationships. NitroCollege.com is not endorsed or affiliated with the U.S. Department of Education.

Follow Us