For most people, college is the first time you'll be fully responsible for your purchases and finances. During college you often don't have much money and the income you do have can vary from month to month, so it's important to create a realistic budget to prevent overspending. Look at your latest statement or review transactions in online banking to find where you can save money, such as dining out less frequently or buying used textbooks instead of new ones. Get budgeting tips and help learning how to build a budget.
PAYING FOR TUITION
Government loans and grants: If you haven't already completed the FAFSA, complete the Free Application for Federal Student Aid to apply for federal loans and grants. If you need to borrow to fund your college education, federal loans can offer more attractive terms when compared to most other borrowing options. A grant is money that doesn't need to be repaid, so even if you don't intend to borrow, filling out the FAFSA is worthwhile.
Scholarships: Many students receive extra assistance through scholarships. Even small scholarships can make a difference when buying things like textbooks. Watch for information about Sunward's annual scholarship competition every spring.
Private student loans from Sunward: Sometimes government loans, grants, and scholarships still don't cover the entire cost of attending college. A private student loan from Sunward can help bridge any gaps in funding. You can apply for an Sunward student loan any time you need it, and it can help pay for tuition as well as other qualified expenses like textbooks, housing, food, and computers.
PAY FOR EVERYDAY ITEMS AND BUILD CREDIT AT THE SAME TIME.
College costs can include expensive textbooks, dorm or apartment furnishings, travel expenses to and from school, and more. Consider using an Sunward credit card to pay for these expenses. You can choose to get a low rate, a rebate on purchases, and a set credit limit to help control spending. Using a credit card responsibly while in college can help you build a good credit history to help pay for things after college, like an apartment, a car, and more. You'll need a steady income or a qualified cosigner to apply.
ACCESS YOUR Sunward ACCOUNTS WHEREVER YOU ARE.
Even though you might be far from home, you can still access your accounts and get Sunward's great service.
ATMs: You have surcharge-free access to nearly 30,000 ATMs nationwide, and many of these ATMs accept deposits. You can enter the zip code or address of your college to find nearby ATMs.
Online Banking: From any computer, smartphone, or tablet, you can check your balances, transfer money, pay bills, deposit checks, and more.
Mobile Banking: Use our app to check balances, make transfers, pay bills, and deposit checks.
Give us a call or send us a message: You can talk to us in person to get information or to ask questions. Call 505.293.0500 or 800.947.5328. If you send us a secure message in online banking, we'll get back to you by the end of the next business day.
