To apply for student loans from US Bank, visit www.usbank.com/studentloans.
US Bank is a division of USBancorp, a large financial services company based in Minneapolis, Minnesota. USBank is the retail banking arm of USBancorp, serving the financial needs of individual customers. US Bank is the sixth largest bank in the US based on deposit base, and has more than 3000 branch offices located in over 24 states in the United States of America. Through these branches, US Bank offers a variety of financial services to its customers, including offering standard savings and checking deposit accounts, mortgages, credit and debit cards, home equity loans, auto loans, personal lines of credit, and student loans. These products are also offered through the US Bank official website, located at www.usbank.com. To learn about student loans from US Bank, this site should be the first site you visit.
If you are thinking about going to college, and are wondering about getting a student loan for your expenses, you should start by estimating your financial needs. These include tuition, room and board, miscellaneous educational expenses for textbooks and laptops, and campus transportation and parking. The next step is to find out whether the university or college you are interested in attending is willing to offer you any grants or scholarships that will defray the cost of tuition. Also consider whether your parents have any college savings intended for you. And finally, you should always fill out and submit a free Federal Application for Student Financial Aid (FAFSA) form, which is available at www.fafsa.ed.gov. This form is a combined application for the various grants, low-interest loans, and work-study programs available from the federal government, including Pell grants, Stafford loans, Plus loans and Perkin loans. The application process is simple. Simply fill in the form, and wait 3-5 days for the Student Aid Report (SAR), which will summarize all the federal aid that you can expect. Once you have all the above-mentioned information on hand, you will know how much is the funding gap you face that you may have to cover with a private student loan.
USBank offers a fast no-fee student loan. Individual student borrowers can borrow up to $50000, while borrowers with co-signers can borrow an additional $75000. The loan is credit-based and not need based, and the interest rate that you obtain is entirely dependent on your credit score and your co-signer’s credit score. As part of the application process, USBank will inquire about your career plans after your education, and determine the average salary of your career choice based on statistics from the US Bureau of Labor Statistics. You will be given 10 years after graduation to repay the student loan, and your loan payments should not exceed 8-10% of your expected salary.
For more information about private student loans from USBank, visit www.usbank.com/studentloans.