- Federal Loans and Grants for College
- Private Loans for College
- Home Equity Line of Credit
- Whole Life Insurance/Universal Life Insurance
- Borrowing from Your Qualified Retirement Plans
Despite all your good intentions, you may not be able to save enough to meet the tuition and room and board bills when your child starts college. In fact, many people do borrow to pay for college.
Call the Federal Student Aid Information Center 1-800-433-3243 and request the free Funding Education Beyond High School: The Guide to Federal Student Aid on government loans and grants for all the details. You can also get a copy from their Web site at www.studentaid.ed.gov. We've consolidated some of that information (see the section Federal Loans and Grants) to make it easy for you to compare the loans.
We recommend that you consult each of these sources and go through the process to determine (1) if you qualify and (2) how much they will lend to you.
|
Loans and Grants Based on Need |
Loans Not Based on Need |
|
|
Unsubsidized Stafford Loans |
|
Federal Pell Grants |
|
|
Federal Supplemental Educational Opportunity Grant (FSEOG) |
PLUS (Parent Loans For Undergraduate Students) Loans |
|
Subsidized Stafford Loans |
| Not FDIC Insured | Not Bank Guaranteed | May Lose Value |
| Not a Bank Deposit | Not Insured by Any Federal Government Agency | |
Meeting with NHTrust team is without obligation or cost.
NHTrust is a trade name of New Hampshire Trust Company. Brokerage services are offered through Osaic Institutions, Inc., Member FINRA/SIPC. Investment and insurance products are subject to investment risk, including the possible loss of value. Products and services made available through Osaic Institutions are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. Osaic Institutions and NHTrust not affiliated.
