Student Loan:
John is ready to move to the head of the class.

Solution:
One of John's options was a Stafford Loan Program offered by Dollar Bank. These low cost loans are designed to assists all out-of-state students attending an Ohio or Pennsylvania school or Ohio or Pennsylvania students attending any U.S. Department of Education approved school anywhere. Included in the program are special features for fee and interest rate reductions.

After applying for the Stafford Loan Program, John was also able to take advantage of the Signature Education Loan Program. This program is a nationally available, low cost package of federal and private supplemental loans designed to provide a single source of education funding. Offering competitive interest rates and fees, it also has money-saving borrower benefits over the life of the loan. All of the federal and private supplemental loans are serviced in one account and one bill. The Sallie Mae support center is even available 24 hours a day, seven days a week for assistance.

Because these programs are available for both graduate and undergraduate degrees, John can use these options when his kids are ready for school too.

For more information on student loans click here.

* The scenarios shown above are for explanatory and informational purposes only and do not necessarily reflect terms and conditions being offered by Dollar Bank. All loan applications are subject to Bank underwriting and credit standards and specific loan product guidelines. Consult your tax advisor regarding the deductability of interest.