Personal Loans for School Expenses
Need help paying education-related expenses while going to school?
Western Shamrock can assist you with a personal loan for school to cover many of the costs involved in pursuing your education. Apply now to set your future up for success!
- Need a personal loan? Apply now!
- Cover school expenses with ease!
- Get financial help for education!
How Do Loans for School Expenses Work
Students and their parents often struggle to pay for the many costs associated with going to school. For example, there are tuition, textbooks, school supplies, rent, transportation costs, and fees for student activities. Whether you attend a public university, private college, vocational training program, business academy, or other institution of higher learning, these costs add up quickly.
If federal and private student loan funding isn’t enough to pay for what you need for school, a personal installment loan can fill in the gaps. Our installment loans can help with a broad range of educational expenses, especially if you don’t qualify for federal student aid, grants, or scholarships or if those funds aren’t enough to cover everything. Compared to traditional college loans, personal loans come with greater flexibility on how you can spend the borrowed money.
How to Apply for a Personal Loan for School
There are three easy ways to apply for personal loans for college students from Western Shamrock. Even younger students attending private institutions before college may benefit from a personal loan for school. You can apply online today, visit your local branch, or contact us to provide application details over the phone.
Western Shamrock offers secured and unsecured back-to-school loans. Loan amounts vary from one student borrower to the next. When reviewing applications, we consider an applicant’s debt-to-income ratio, complete credit history, the availability of collateral, employment and residency stability, and an applicant’s income.
The Difference Between Student Loans & Loans for School Expenses
Federal student loans issued by the U.S. Department of Education and private student loans offered by banks are more specific in what they can be used for and may come with low interest rates, grace periods, and deferment options. Federal and private student loans are not used for entertainment, vacations, small business expenses, or other debt.
In contrast, Western Shamrock’s personal small student loans are general-purpose loans that can be used for education and also other things you need and want. Unlike other college loans, ours do not come with a grace period, deferment, or a delay in interest accrual. Personal loans may come with higher interest fees than federal or private college loans. Many students use our personal loans to pay for tuition, school fees, room and board, textbooks, lab equipment, and computer hardware and software. You can use our personal loans for school to help with transportation to classes, renting an apartment near campus, and for daycare or a babysitter to take care of your kids while you’re in class.
How to Choose the Right Lender to Help Pay for School Expenses
We are a lender you can trust and rely on as you complete your education. We are a member and serve on the executive boards of the American Financial Services Association and the National Installment Lenders Association.
Our traditional installment loans are versatile, so you can use them for education and anything else you need while going to school. If you have money left over after paying for education costs, you can use the remainder of our loans for whatever else you need. Western Shamrock’s school loans for students offer an extra cushion if you have difficulty making payment deadlines for education expenses. You might apply with us for a personal loan to pick up where federal and private loans fall short.
Other Installment Loans You Might Be Interested In
A personal loan can give your credit a boost to improve your future purchasing power. Apply now for a credit-starter loan to establish your credit and show lenders you are a responsible borrower.
Our debt consolidation loans help you combine multiple debts you already have into one easy, affordable monthly payment. Apply today to simplify your monthly bill obligations.
When unexpected emergencies arise, Western Shamrock is here for you. Apply for an emergency expense loan from us when you need to take care of an urgent situation.
Western Shamrock offers loans to help you make your car payments and afford other vehicle-related expenses. Apply now for help paying for repairs and miscellaneous auto costs.
With rising rent and mortgage fees, many people are struggling to pay for their homes. Apply today to secure your housing and keep up with your lease or contract obligations.
Holidays can strain your budget and create unnecessary stress during an otherwise festive time of year. Apply for a holiday loan to pay for gifts, decorations, and events.
Don’t let high medical costs detract from your health and quality of life. Apply for a loan to pay for medical bills and prevent your provider accounts from going to collections.
We all need to get away and relax or explore the world from time to time. Our vacation and travel loans help you plan the dream trip you’ve been craving.
Common Questions About Back-to-School Loans
There are allowed and non-allowed uses for federal student loans and private student loans. Our personal loans for school are not education-specific, so they can technically be used for anything.
If you take out a Western Shamrock personal loan for school, you can use it to cover car payments and transportation, both related and unrelated to your education.
Yes, one of the primary purposes of loans for school is to pay for tuition. This is especially true with federal and private loans. You can also use your Western Shamrock back-to-school loan to make tuition payments.
Western Shamrock personal loans for school can be used to pay a wide variety of bills you receive. For example, you might use your new personal loan from us to pay for rent, utilities, cell phone, and internet costs.
It is typically not allowed or advisable to use federal or private student loans to pay off credit cards. A benefit of our personal school loans for students is that you can use them to take care of credit card debt. This could be an advantage if your credit card has a high interest rate.
At Western Shamrock, our branches are staffed with friendly and knowledgeable professionals who specialize in personal installment loans for school. Please call the branch office nearest you or stop by to ask questions about college loans and how to save money on your education.
