SPRINGFIELD, Mass. and DAVENPORT, Iowa, Feb. 5, 2020 /PRNewswire-PRWeb/ -- Quatromoney, a fintech platform helping families plan and save more on the purchase of college, announced its partnership with TuitionFit, a "Kelley Blue Book" of actual college prices. Under this strategic partnership, the two companies will work together to synthesize real-world college cost data and with personalized financing calculations to help families obtain the most affordable college education possible.
As the sticker price for colleges and universities have skyrocketed, families are looking for clarity on how much they will have to pay not just for one year, but all four years of college. TuitionFit has partnered with Quatromoney to help families personalize financial decisions and manage all 4-years of college costs. In combination with TuitionFit's ability to show students and families the prices colleges offered similar students, Quatromoney allows families to answer a few questions about their financial capabilities and then renders customized financial pathways to finance not just one year, but all four years of college.
"Every dollar counts in the paying for college process," said Patrick Kandianis, Quatromoney's CEO & Co-Founder, "$1.00 in college financing typically costs the consumer $1.50 in the end. Saving more, using more cash from income and, most importantly, closely comparing financing options, can save families thousands in interest and fees. Not only does TuitionFit share Quatromoney's mission for college cost transparency but also the belief that technology can improve families ability to make college more affordable."
"Partnering with TuitionFit was a natural. Their pricing insight is invaluable to families and helps them ensure they're getting the best possible price from their target colleges," said Kandianis.
Mark Salisbury, CEO of TuitionFit added, "Giving students and families a clear picture of how they can pay for college most effectively requires two critical lenses. One of them is seeing how the offer they have been given compares to what other colleges are offering similar students. Equally important, families need to know how those first year prices translate into four years of college costs. QuatroMoney's resources is a perfect way for TuitionFit users to get the big picture perspective on their college financing choices."
Quatromoney's founders have spent 50+ years focused on college students, financial aid and smart financing. We built this platform because the current "one-size-fits-all" paying for college process does not take into account a family's unique financial position. We do. Learn more at http://www.quatromoney.com or follow us on Twitter @quatromoney, or LinkedIn https://www.linkedin.com/company/quatromoney
TuitionFit gives students and families the power to create real college price transparency and find their best financial fit themselves by sharing financial aid offers, protecting personal information, and organizing real-time college price data so that anyone can find out what other students just like them are being offered at any time in the college search process. Join the movement to make college prices completely transparent at http://www.tuitionfit.org and follow us on Twitter @TuitionFit_ or LinkedIn at http://www.linkedin.com/company/tuitionfit.
SOURCE Pay4Education, Inc.