Tuesday, January 15, 2008

How to Compare Student Loans on eStudentLoan


The market for student loans has become competitive, and students are enjoying the benefits. To learn the basics about financing opportunities and to compare student loans, you should utilize the tools found on eStudentLoan.com.


Difficulty: Moderate



Step One

Visit www.estudentloan.com and familiarize yourself with the site. A service offered by several financial networks, the site allows users to compare and apply for student loans. It offers comprehensive information and streamlines the loan process.

Step Two

Click the "Student Loan Basics" tab in the lower left corner to learn more about the types of loans, including private and federal loans. It offers summaries of the different types of loans, explains who is eligible to receive them and details how payment and consolidation work once your education is complete.

Step Three

Use the "Research and Resources" tab to gain a better understanding of the financial aid process in general. Offering separate selections for students in high school, college, the graduate level, and adult learners, this section also provides a scholarship search.

Step Four

Return to the home page and choose parent or student to continue using the LoanFinder. Provide the necessary information regarding the school in question. Continue by providing loan details.

Step Five

Provide an e-mail and password to set up your account at eStudentLoan.com. These are requirements to view your loan results.

Step Six

Compare the results that LoanFinder shows you. Apply for the one that offers the best deal.

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