| Community college loan is a private student loan, | | | | credit record of the cosigner. You can also apply for |
| which will help furthering your aim of higher career | | | | this loan without a cosigner, but chances of loan |
| goals and improved lifestyle. Whether you seek to | | | | approval are high when you apply through a |
| further your education in a community college or | | | | creditworthy borrower. |
| enhance your job skills, community college loan will | | | | The minimum loan amount is $1,000 generally. It can |
| help you achieve all these. | | | | go up to an amount which can provide total |
| The community college loan is best utilized as | | | | attendance cost and other education related cost |
| supplement to federal student loan covering the total | | | | such as uniforms, living expenses, tool kits, books, |
| cost of attendance, such as tuition and other | | | | fees and much more. Your or your cosigners credit |
| expenses related to education. For students living | | | | records are factors determining the interest rates |
| away from home or attending school in another | | | | which start at Prime +1 percent with low fees, 2 |
| state, the expenses are high. Thats why community | | | | percent for borrowers with very good credit. |
| college loan is ideal for them. | | | | Thirty days after disbursement, repayment begins. |
| To be eligible for this loan, you should be enrolled in | | | | The minimum and maximum repayment term is 1 and |
| an associate degree or a Title IV eligible certificate | | | | 15 years respectively. Prepaying the loan either in |
| program. The cosigner must have good credit history. | | | | part or in full is another option. |
| The interest rates and fees largely depend on the | | | | |