Friday, November 27, 2009

An Amazing New Resource Offers Extensive Information About Student Loans

By Lance Neveu

When I graduated from high school, I felt I was on top of the world. As a result of my academic success, I had received a scholarship to one of the nation's premier universities. I had already chosen the field I wanted to go into, veterinary medicine, and I was excited about college and about my studies. I left for university with big dreams and high hopes. Many choices still lay ahead of me, however, and I was not prepared for any of them.

Unfortunately, after my first term of school I was not happy with my veterinary studies. Being a veterinarian was just not what I had expected, and I became disenchanted with the idea that this was my chosen path. In a way, I admit I grew a little depressed. I was not studying well, and my grades suffered. By the time my first year was completed, I had barely earned average grades in several key classes.

I lost my university scholarship as a result. The following year, I planned to take business management classes with a professor I had grown to like. I sincerely believed that I should focus on business because it would provide me with the education I needed for the future; it was a much better subject for me to pursue. However, I now had to figure out how I would pay for my university tuition.

I drove home to my parents for summer break, and anxiously told them all about what had happened. I didn't have any information about the different student loans that are available, and I didn't have any clue how to look for them. At first, I thought my parents were going to be angry. Fortunately enough, they were not. In fact, my parents had great information to share with me.

My Dad told me about a website he had found called Online Student Loans Guide. In every detail possible, loans for students are described on the website. From graduate student loans to government student loans, every school loan you can think of has been outlined for consumers. Online student loans are no longer a mystery after you read the extensive information that the Online Student Loans Guide has compiled.

My parents and I visited the website together, and researched the many available student loans I had to choose from. We learned about payment terms, interest rates, and default penalties. We learned the difference between subsidized and non-subsidized student loans through information on the website. After we duly considered all of the information, my parents and I were able to determine which student loans made the most sense for funding my college education. We were all committed to finding me a school loan that would not inflict terrible payment terms on me when I graduated from the university. The Student Loans Guide made it possible for me to make the best choices for my future, from both an educational and a financial standpoint. - 29904

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