WHAT ARE THE INTEREST RATES CHARGED ON PRIVATE LOANS?
What are the interest rates charged on private loans?
Private loans tend to cost more than education loans offered by the US government but are less expensive than credit card debt. Private student loans generally have variable interest rates with the interest rate pegged to an index such as the LIBOR index or Prime, plus a margin. The interest rate a student will pay on a student loan is based on the student's credit score. A student with a lower credit score will incur a higher interest rate than a student with a higher credit score.
Financial Aid for Undergraduate International Students
Southern Illinois University at Carbondale Center for English as a Second Language (CESL) The Center for English as a Second Language (CESL) at Southern Illinois University Carbondale (SIUC) is staffed by university faculty ...
Take a Virtual Tour of a featured
College in the USA
Campus e-tours allow students to view the facilities and student life at featured Universities, Community Colleges and ESL Schools in the USA, giving you the opportunity to see what the schools looks like, as well as facts about the campus, courses, etc. Once you’ve completed your tour you can read the in-depth profile to get more detailed information, or click the Request FREE Info link to request specific information such as scholarships and financial aid directly from that institution.