Warning: Private student loans may look alike!
As young adults prepare to leave the nest, parents of college students are feeling
the pinch. The gap between the ever-increasing costs of higher education and the
steadily declining amount of financial aid and loans available keeps getting wider.
As you piece together the aid you’ll need, start with your financial aid office; there
are several options to help you foot the bill. Financial aid officers can put together a
package of federal, state, and college aid, including loans and work-study options.
And the application for financial aid from the federal government is the same for
most student loan programs, state aid, and private non-needs based scholarships.
But that still may not be enough.
For example, the aid package may not take into account the cost of lab fees or
books. If only tuition costs are considered in the calculations, the total cost of
college still may leave you short of your goal.
We can help fill the gap. ACMG offers private
s t u d e n t l o a n s t h a t h a v e n o o r i g i n a t i o n
f e e s, l owe r i n te re s t ra te s a n d f l e x i b l e
repayment options. Make sure your college-
bound student gets the education he or she
needs to build a brighter future.
Apply online at acmgfcu.org from our
Education Loan page or call us today at 315-
488-4433 for more details.
Only one stands out.
Help Your Teen
the Right Car
Parents can help
teens get a good
buy on their first
vehicle by focusing on safety,
affordability, and reliability.
Start by helping teens understand
the responsibilities tied to owning
and operating a vehicle. Roughly six
months to a year before the teen gets
a license, begin sharing the cost of
gasoline, insurance, and repairs. Set
clear rules for teen drivers. Ask the
teen to help care for the family vehicle.
Create an agreement
When you’re ready to buy, set clear
guidelines by creating a written
agreement that covers:
•	 Who pays for specific types of