If you are going to pay for your child’s college through a parent student loan, you should compare your options before choosing a lender. It is wise to consider both federal government and private lenders that offer parent student loans.
Some of them include:
Federal Direct Plus Loans
The federal government has been offering parent student loans since 1980. The interest rate and the origination fee offered by federal direct plus loans for the year 2016-17 was recorded to be 6.31% and 4.28% respectively. They offer a 10-year term loan.
To be eligible for a federal direct PLUS loan, you need a bankruptcy and unpaid debt free credit history. An important thing to note here is that you will not be offered a lucrative interest rate if you have a good credit score. The interest rates of federal direct PLUS loans will remain the same throughout the financial year and would be set based on financial markets. A payment of the loan kicks in as soon as it is disbursed, you can request to defer payment until six months after your child leaves the school.
College Ave parent loans
Fairly new into the student loan space, it was started in December 2014. This parent student loan does not incur any origination fee and They charge a variable Annual Pay Rate between 4.03 to 6.03% and a fixed APR of 6.54%. The loan terms vary from 5 to 12 years.
To get a parent student loan from College AVE the applicant must have an annual salary of at least $70000 and a credit score of in mid-700’s. All fixed-rate parent student loan has the same APR. College AVE gives you the option to make a full monthly payment right away, or just pay the interest while the student is in college, or pay interest and whatever amount you can afford. Visit the official website to know more about the parent student loan offered by college AVE.
SoFi parent loans
SoFi offers some of the lowest interest rates available for parent student loan since their formation in the year 2011. However, they do not offer other flexible options such as entering forbearance if a parent is struggling to make payments. Like College AVE, it does not incur any origination fee. SoFi parent loans offer 2.95% to 6.13% variable APR and a fixed APR of 4.25 or 7.75%. They offer a 5 or a 10-year term to loan repayment.
You avail a parent student loan, you first need to fill out the Free Application for Federal Student Aid form or FAFSA which will decode your eligibility.
Buying small kitchen appliances from CostcoRead more
Costco is a great place to buy appliances. They carry a good selection of electronics, home appliances, and kitchen gadgets. But is Costco the place to shop for small kitchen appliances when there are countless retail and web stores carrying the same products? Let us find out.
Costco is known for its discounts. The reason its customers pay for their annual membership is that shopping at Costco helps them save money. This is despite their membership payments, which can range from $55 to $110.
Buying small kitchen appliances from Costco can mean benefiting from other offers and services also.
So, whether you are buying a small item like a Costco Ninja blender or a big kitchen appliance like a refrigerator, it can be beneficial for you to shop from a Costco warehouse.
Easy ways to keep your blood glucose in controlRead more
In order to lead a healthy life, it is essential that one must maintain a blood glucose level that is always in control. Blood glucose is a type of sugar that is essential to keep you body energetic; however, too much or too less can cause harm. High blood glucose comes with various threats attached to your kidneys, eyes, nerves, etc.
Keeping blood glucose levels consistent and in control can be a task, especially with the lifestyle changes that one goes through in today’s time. Hormonal changes in women too can cause glucose levels to fluctuate. Although appropriate medication and advice from your physician is essential, here are a few daily self-care steps that will contribute in keeping your glucose levels on par with your active lifestyle.
Follow a healthy diet plan – This is the most important factor that will impact the glucose levels in your body. As the old saying goes “You are what you eat,” it also implies to blood glucose control. Ensure that you eat all your meals on time. Many people are into the habit of skipping breakfast, this can only push your glucose levels to highs. Skipping a meal comes with the threat of your blood glucose falling lower too, especially if you under medication or take insulin injections.
Go easy on those carbs – Carbohydrates are condemned for being the food nutrient that affects blood glucose levels the most. It is necessary to limit the intake of food such as white rice, pumpkin, white bread, etc. that are very high in carbohydrates.
Regular Exercise – Exercising is crucial, it only aids in a better functioning of every organ of your body. Activities such as swimming, walking, cycling, etc. help your body to efficiently process food. Try to sneak in small walks wherever you can, maybe during the lunch break at office. Make exercise a part of your day, even if it means a few minutes.
Quality sleep is a must – Sleeping for fewer hours or disrupted and poor sleep patterns can do more harm than you can comprehend. Hormone functioning becomes poor and insulin sensitivity is decreased. Sleeping for enough hours is essential, but this does not account for over sleeping. Either ways, irregular sleeping patterns can affect the level of blood glucose in your body.
Boost drinking water levels – Say goodbye to unhealthy sugar loaded beverages and hello to plenty of drinking water. It is necessary to keep the body well hydrated, especially since the increased glucose causes frequent urination. Water aids in keeping your body well hydrated.