Welcome to College Zone - Which Zone Are You In?Return Home
e-Messaging | Order Materials | Publications & Applications | Contact Us
  
StudentParentCounselorFinancial Aid AdministratorLenderEspaolState of Illinois
6th-7th Grades
8th-12th Grades 
Planning
Finding / Applying
Financing
Financial Aid
Scholarships
Grants
Loans
Loan Repayment/ Forgiveness Programs
Alternative Financing Options
Borrowing Basics
Money Matters
Applications
College Cost Calculator
Teaching
Medical Professions
Military Service
Career Center
My Mentor
FAQ's
Helpful Links
College
Advanced Degree
After College
e-Messaging Sign-Up
Home Equity Loan or Line of Credit
An alternative or additional measure to pay for college is for your parents to use the equity in their home to help fund your college education. There are both home equity loans and home equity lines of credit. The difference between a loan and a line of credit is that loan proceeds are received in one lump sum. Although each family’s financial situation is different, your parents may decide that one of these options is right for your family.
Printable version
Printable version
Alternative Financing Options
 Tuition Payment Plans
 Employer Tuition Reimbursement Plans
 Tuition Benefits
 Home Equity Loan or Line of Credit
 529 Benefits
      Partners of the College Zone Network:   | College Illinois! | IDAPP |      
      About ISAC | Site Map | Your Privacy | Terms & ConditionsPowered by the Illinois Student Assistance Commission (ISAC)      
© 2003-2008 Illinois Student Assistance Commission