Web Site Provides Advice and Tips on College Planning and Payment Options
NEW YORK--(COLLEGIATE PRESSWIRE)--Aug 27, 2001--American Express Educational Loans (AEEL) recently launched an online resource guide available to college-bound students and their families at www.americanexpress.com/edloans. The Web site provides valuable information and financial materials for parents and students considering the financing options available for higher education.
According to a recent American Express Educational Loan Survey*, 70 percent of parents are concerned about their ability to pay for their childrens’ college education. The resource guide on the American Express site can help parents and students make informed decisions on general college-planning, responsible borrowing, and competitive federal loan options.
“Often parents and students know they need assistance in making financial decisions concerning education, but they aren’t sure where to turn for the most accurate information,” said Janet Gebert, vice president of marketing for American Express Educational Loans. “Our Web site can help visitors at any step of the college-planning process to research and find the answers they are looking for at any time of day or night.”
For instance, parents and students who utilize the American Express Educational Loan Web site can:
* Request a free college-planning guide;
* Explore the different educational loans available and review their responsibilities as a borrower;
* Apply for the Federal Stafford Loan and the Parent Loan for Undergraduate Students (PLUS);
* Start a personal college savings plan online;
* Find an American Express financial advisor who can help them better understand their financial aid options.
In addition to the information available online, American Express provides Educational Loan Specialists who are available seven days a week to provide dedicated customer service and answer questions about the financial aid process. Free of charge, parents and students can call 800-814-4595 to have their concerns addressed by an AEEL professional.
To find out more information about American Express Education Loans
and the features available on the Web site, visit www.americanexpress.com/edloans or call (800) 858-3386.
American Express Company is a diversified worldwide travel, financial and network services company founded in 1850. It is a leader in charge and credit cards, Travelers Cheques, travel, investment products, insurance and international and online banking. For more information on American Express, visit our Web site at www.americanexpress.com.
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