Benefits for Schools
TuitionChoice’s goal is consistent with the goals of Financial Aid professionals
across the country: To equip each student to make the best decision regarding which
private loan option is best for him/her while insuring effective communication,
simplicity, and timely processing of the loan.
TuitionChoice seeks to be an extension of the Financial Aid Office. Our
process was developed to provide optimal benefits to students and schools alike:
- School chooses lenders to be presented to its students
- School provides student with TuitionChoice materials
- Student completes only one application via secure web-based process
- Student receives multiple, simultaneous responses and
easy comparison grid
- No rate ranges or guesswork for student
- Student chooses best loan option and school is notified
- No change to school’s current practices (same lenders; process begins
and ends with Financial Aid Office)
- Student can review multiple lender responses, simultaneously
- Student chooses loan AFTER they apply and
know all of the loan details
- TuitionChoice is free for students and schools
What makes TuitionChoice the right choice?
| Student completes one application for multiple lenders | Yes | No |
| Student receives specific rate, terms, and monthly payment | Yes | No |
| One credit inquiry for student across multiple lenders | Yes | No |
| Markets to students exclusively through school's financial aid office | Yes | No |
| Extension of school's existing financial aid process | Yes | No |