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Private student loan questions
I'll be attending school this fall and have acquired all of the financial aid and government loans that I can, and I am still short about $8000 a year, so I will need to turn to private student loans (i.e. from banks and other financial institutions) to cover the rest. My questions are thus:
1) Is there an easy way to compare the various APR's offered by various banks/institutions without actually walking in and talking to a bank rep? (Or, on a related note, do you have any specific suggestions as to where to go for the loan?)
2) Should I secure a separate loan for each school year or one large loan to cover all four? I'm concerned that if I do the latter, that I may end up borrowing too much or too little, since I may qualify for further financial aid in later years, or conversely, costs to attend may increase.
3) Is there any other general advice you feel I should know?
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