Here at Colleging, we want to help you and your family with all aspects of planning, saving and paying for college. We believe that the tools needed to make well-informed decisions are all here at your fingertips. These are big decisions, and we want to be a big help!
We are pleased to offer you the CollegeBridge loan. We believe that making responsible loans is more important than making a profit. We understand that this loan may not be for everyone since the loan does require minimum payments while in school. To see what this means to you take a look at our Student Loan Repayment Calculator.
Here's just how much making payments while you are in school can impact the amount you pay over the life of the loan.
Example: If you have $30,000 in loans with a 10 year repayment term you will pay $33,730 in interest if you make NO payments while in school. However, by making interest only payments you will save $18,127over the life of that loan. That is a solid down payment on a house, a nice used car or a GREAT start to saving for your future!