How to Find the Best Student Loan Interest Rates in Your Area

If you're considering taking out a student loan, follow these steps to find the best student loan interest rate in your area.

Difficulty: Easy

Instructions

1. Visit bankrate.com and select 'College Finance' from the menu across the top of the page.

2. 'College rates by state' should already be in the drop down box. Click on 'Go'.

3. Select your state, and then your city, clicking 'Next' each time.

4. Choose from the following types of loans:
   
   Stafford loan
   PLUS loan
   Private loan
   Home equity loan
   
   Click 'Next'.

5. The results page will give you a listing of lending institutions, along with the date, rate, name of product, and fees and conditions. You can choose to sort the results by any of these criteria.

Resources

• Fast Web: Scholarships, Financial Aid, Colleges

[ACGaughen]

on 8/15/2008 Great tips!

[Hapworth]

on 8/11/2008 Parents need all the advice they can get when the face the financial crunch of college.

[LilacGirl]

on 8/11/2008 Good resource.