US EditionIllinois introduces state-backed student loans with competitive rates
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Illinois introduces state-backed student loans with competitive rates
ROCKFORD, Ill. (WTVO) — Illinois State Treasurer Michael Frerichs has announced a new, state-sponsored student loan option aimed at providing Illinois students with lower financing rates than traditional programs. The Funding U Illinois No-Cosigner Loan is part of the Student Empowerment Fund. "Some children, maybe their parents don't have much money at all. Their parents are unable or unwilling to sign as cosigners to the loan. In the past, tho…
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