Middle Georgia State University
Private Lending for Higher Education
If you are ready to look into private education loans, MGA has opted to use FASTChoice, a loan comparison service, offered free of charge to schools and lenders, by the Great Lakes Higher Education Corporation. FASTChoice helps you request the loan you determine is right for you by providing detailed information for various loans, as well as the terms and benefits offered by different lenders. If you decide to apply with for an alternative loan while in FASTChoice, you will be linked directly to the lender of your choice to begin your application. Middle Georgia State University will be automatically notified once you apply and have met the lender's credit approval requirements. MGA will then electronically certify (in most cases) your alternative loan. MGA neither receives nor accepts any incentives, financial or otherwise, for lenders listed in FASTChoice.
There are many ways to pay for higher education, and choosing the right approach requires a good understanding of your options, your responsibilities, and the various details of each lender's loan products.
It's a lot to keep in mind. FastChoice makes it easy by providing you with information about private loans in an easy-to-understand format, to help you determine which private student loan best meets your needs.
Borrowing Essentials provides an interactive overview of some basic information about borrowing money to pay for your education.
The next few pages will quickly get you up to speed. Having a good understanding of these topics will help you get the most out of what you borrow on the best possible terms. You'll be better equipped to make an informed decision.