Paying the Bill & Finding the Best Student Loan – We’re Here to Help!

At College Aid Pro, we strive to help families minimize or eliminate the need to borrow for college. However, we understand borrowing may be necessary and want to ensure our CAP community is prepared for this step.

While borrowing should be a last resort, it can be strategically managed to reduce the financial burden.

Thanks to the power of our extensive CAP community, we've gained the attention of lenders to secure better transparency and favorable treatment for our members!

Step-by-Step Guide to Finding the Best Student Loan

If additional funding is needed beyond the Federal Direct Student Loan, private loans are worth considering. Parent PLUS Loan rates have risen to 8.94% with a 4.228% origination fee, and there are concerns like limited repayment options, credit challenges, and uncertainty with federal loan programs. Private loans offer a strong alternative, with rates starting around 5% and no origination fees for borrowers with good credit.

Steps to Choosing the Right Student Loan: 

Step 1: Take all of your Federal Direct Students Loans. This covers up to $5,500 of your gap (Freshman year)

Step 2: Get approved with CAP's preferred lender: Ascent Student Loans   

• Thanks to the strength of our CAP community, we’ve secured exclusive student loan options with Ascent, providing you with:
  • Transparent rates that you can trust.
  • Direct support to help you navigate your options.
  • The most favorable terms available, based on our community’s influence.

Step 3: Check state (Massachusetts, Rhode Island, Iowa.) and other private lenders: Click Here for Lender Rate Table 

Step 4: Compare your rate to Federal PLUS loan*.