Private High School Loans
Are you interested in obtaining Private High School Loans? Many parents are finding that it is in their children’s best interest to have them attend a private high school in order to provide as solid foundation, and to prepare their student children for the highly demands of college. Due to several factors with the public educational system such as: Federal budget cuts, lack of qualified teachers, and an overall lower quality education, the education provided by public schools has been on a steady decline for several decades.
Interested in applying for Private High School Loans?
Apply for Private High School Loans today.
Private High School Loans are not the only types of private loans available. Some of the other private loan instruments that are available are:
• Private K-12 loans
• Private college student loans
• Private Grad student loans
• Private Professional student loans
Many private high schools offer in school financing option to parents in order to support higher enrollment. However, it is important for parents that are interested in financing their children’s education with Private High School Loans to thoroughly research all of their options; there may be a more affordable source of financing than that which is provided by the high school.
There are two types of Private High School Loans available.
• Fixed Rate Private High School Loans – The interest rate remains the same over the life of the loan.
• Variable Rate Private High School Loans – The interest rate will increase periodically over the life of the loan.
Many schools that Private High School Loans, also require a loan origination fee which is typically between 5% to 6 %. The origination fee is usually deducted from the loan disbursement. Short term fixed-rate private school loans usually do not include an origination fee; instead, a higher interest rate percentage. IE. 1% at ten years, or 2% at five years at a higher interest rate.
It is important to note that Private High School Loans are not guaranteed by the Federal government or the Department of Education. Parents that are interested in obtaining Private High School Loans for their children’s education must pass a credit check. For those parents that are ineligible to receive the loan, there may still be an option to receive the loan if an endorser cosigns the loan.
Interested in applying for Private High School Loans?
Apply for Private High School Loans today.