Individuals with a bachelor’s degree earn an average of 50% more than those with only a high school diploma. However, four years of tuition can range from $50,000 at a state school to more than $200,000 at a private institution, according to the National Education Association (NEA), AAA’s new student lending program offers four types of education loans to help families fund the cost of education. 

The Stafford loan, for students, provides zero origination fees and other savings to AAA members.

The PLUS loan, for parents of undergraduates and graduate students, offers an interest rate up to 1.25% lower than the federal government rate.    Members with existing education loans can refinance with a consolidation loan and lower their monthly payments by up to 50%.

Lastly, AAA Student Lending allows members to borrow private education loans with competitive rates and fees.

 Each loan program offers flexible repayment options specific to the product, including deferment until graduation or interest-only payments while in school. 

Students and families can learn more about how to navigate the
complicated college planning and financial aid process by visiting AAA.com
or calling 866-268-9419.

The program is provided as a service for AAA Carolinas’ members through the Nelnet Corporation.