TuitionBids.com in the News

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4/1/2008
TuitionBids.com - Loan Solutions for Parents and Students
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By Cindy Wright, published Apr 01, 2008 - AssociatedContent.com

The cost of a college education is very pricey. Parents are finding it hard to have the resource of money that they need to give their children the education they need to ensure a bright future. TuitionBids.com Monday announced that they launched their new website. Tuition Bids will provide a one-stop resource for parents and current and future students to learn about the college entry process and most significantly to apply for student loans. The unique TuitionBids.com process allows it's users to quickly apply for a student loan, and also allows up to six lenders to compete for their business. TuitionBids.com is a privately funded business.

TuitionBids.com is not only a destination for student loans, but a place for consumer education. The site also provides users with information on schools from around the country. Including programs, majors and attendance and associated costs as well as a gap analysis that helps a student and/or parent determine what their private loan needs will be after they receive their federal loans.

With the increasing cost of a college tuition, consumers are forced to seek out financial assistance from both federal loans as well as through the private sector. Because federal loans only provide so much assistance, TuitionBids.com is available to act as a resource for education about the best types of private loans, as well as working to provide the most affordable solution to each consumer, based on their individual needs,

TuitionBids.com allows it's users to create an online profile and customize their student loan search. The user's information is then sent out to lenders and banks that will then "bid" for the student's business. The student's/parents choose from up to six lenders who they can then speak with about their student loan needs. By speaking to multiple lenders, students and parents are able to keep lenders honest and make sure that they are receiving the best, most affordable loan that is available. Credit checks are also offered in order to better style each loan offer.

The true bidding nature of the TuitionBids.com website helps to drive the cost of private loans down. TuitionBids.com works with around 15 lenders to provide the best loan offers to students. By working with fewer lenders, substantial information is provided to help students without bombarding them with information. This also creates a favorable situation for lenders, as they are not dividing their leads amongst many more lenders. A smaller, yet substantial number of lenders create a win-win situation for both lenders and students.

Check out www.tuitionbids.com and see what assistance they can offer you. With the cost of a education today we can use all the assistance we can get.