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Hotline or Hot Site: Free Guidance on Paying for College |
SourceStudent Loan Marketing Association ForumsEducation and KidsRelated ArticlesFunding Your Education 1997-98Preparing Your Child For College: A Resource Book for Parents Information and news releases furnished by the members of PR Newswire, who are responsible for their fact and content. |
RESTON, Va., July 21, 1998 -- Looking for free information and advice on planning and paying for college? Sallie Mae offers two services ideal for parents and students preparing for their college futures: http://www.salliemae.com. Families and students with Internet access can research information on free money for college and locate answers to financial aid questions by visiting Sallie Mae's award-winning Web site. This one-stop-shop for information features several college-planning resources including a FREE online scholarship search that allows students to access CASHE®, College Aid Sources for Higher Education -- one of the industry's most respected and comprehensive databases of college financial aid resources. While visiting the site, college-bound students and their families can review Financial Aid 101(SM), an interactive multi-media tutorial that answers questions about the various types of financial aid, how students qualify for aid and more. Families also can access seven interactive calculators to estimate everything from Expected Family Contribution to the cost of tuition; a glossary of key financial aid terms; and a list of banks and credit unions offering low-cost student loans. And soon parents will be able to complete and submit online applications for Parent Loans for Undergraduate Students (PLUS). College Answer® Service, a toll-free hotline at 800-891-4599, is staffed by Sallie Mae representatives ready to answer questions about college financial aid. Not sure of how to begin your search for education grants, work-study or other financial aid? Having trouble filling out financial aid applications? Need advice on shopping for education loans? College Answer has the answers from 8 a.m. - 11 p.m. EST, Monday - Friday. Sallie Mae, founded 25 years ago, provides funds for education by purchasing loans, primarily federally guaranteed student loans originated under the Federal Family Education Loan Program, from banks and other lenders. The company currently owns or manages student loans for 5.3 million borrowers. Sallie Mae also provides parents, students and educators with comprehensive information on the financial aid process. Web Site: http://www.salliemae.com CONTACT: Denise Rossitto, 703-810-7156, or Fiona Adams, 703-810-7158, both of the Student Loan Marketing Association |
