Getting an education is one of the best ways to increase your income. Paying for it might be one of the most important lessons you learn. Astrive Student Loans can be the answer to your increasing your income through education. Let’s talk about what you need to apply for an Astrive Student Loan.

First you have to be at least 17 years old. You need to have a college or university picked out, and you need to plan on attending at least half time. Your desire to get ahead is respected by Astrive Student loans and if you have worked at the same job for at least 2 years, and have established credit for 21 months you are well on your way to achieving academic success.

If you have not worked and established your own credit but you want to go to school then think about finding someone who would be willing to co-sign your loan. It is important that they have good credit so your plans can move forward. Creating a loan with a co-signer will make you responsible for the payments and help build your credit, and the good credit of your co-signer will be rewarded by Astrive Student Loans with lower rates and fees. The security of a good co-signer can help keep your costs down, making it easier to pay back your loans, and even speed the loan process up.

Depending on the school, and how many credits you are taking you could be eligible for as much as $40,000 per year with a minimum of $1,500; with a life-time cap of $130,000. Astrive Student Loans charge no additional fees to acquire the money you need to further your education. They do want you to start thinking about repaying the loan right away and have many options for doing so.

Many students choose to utilize the money during their education, and begin paying back the loans after graduation; remember you have to be in school at least half time to put off paying your loans until graduation. If you choose to begin paying the interest while you are in school you will avoid creating interest on the interest. The smartest way, especially if you work, is to begin paying the loan back immediately, which will save you money in the long run and start creating good credit right away.

Around 20 years seems to be about the maximum time to payback your student loans, with a minimum payment between $20-$30. There are no penalties for early payment, and in fact early pay-back is encouraged. Paying back this loan will yield you better money than a savings account; in the long run. Interest rates are variable. So to recap you want to go to college. College will increase your income. You are at least 17, and a United States Citizen. You have a good co-signer or a job for the last 2 years and 21 months of good established credit.