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Financial Aid : Day : Simple Tuition

As students investigate options for financing a college education, common questions invariably come up:.

• Which lender should I choose to process my loans?
• Are they all the same?
• What are the interest rates on loans?
• When do I start repayment?
• What is the difference between a Subsidized and Unsubsidized Loan?

These are all questions that require answers, and it is important that you understand the terms of borrowing student loans to help pay for your education.

Indiana Tech is utilizing the services of SimpleTuition and USA Funds to offer students and their families a free comparison tool for different student loan options. The SimpleTuition Web site allows students to enter the loan amount they will borrow and select two or more lenders. The site then compares the benefits that each lender offers to students. Students are able to research and compare information on Federal Subsidized/Unsubsidized Stafford Loans, Parent Loans for Undergraduate Students (PLUS), and private alternative loans. The Web site below will get you started in making an educated decision in which lender will best fit your needs. As an added benefit, once you chose your lender you can automatically link directly to the application process from the SimpleTuition Web site.

http://www.simpletuition.com/indianatech/

We hope you find this tool beneficial and informative. If you decide to process your student loan through a bank or credit union that is not listed please be sure to contact the Office of Scholarships and Financial Aid so your loan can be processed through the lender of your choice.