Private student loans,on the other hand, are loans offered by banks or credit unions.When borrowers exhaust their college savings and reach their federal student loan limits, they may turn to private student loans to help cover the remaining cost of attendance. Students will generally need a par...
If you need to borrow more than that, one option is a federal direct PLUS Loan. PLUS loans areintended for the parentsof undergraduates (as well as for professional and graduate students). PLUS loans have higher limits—up to the full cost of attendance minus any other aid the student rece...
For undergraduates:Students are eligible for subsidized and unsubsidized Federal Direct Stafford Loans. Their parents can borrow the Federal Direct Parent PLUS Loan. The annual limits for Federal Direct Stafford Loans are $5,500 to $7,500 for dependent undergraduate students, depending on the year ...
Even if you qualify for federal student aid, you may need to borrow more to pay for all the costs to attend college. If so, you can turn toprivate student loan companiesto fund the money federal loans won’t provide. Applying for a private student loaninvolves the following steps: Conside...
» MORE: Should you co-sign a student loan? How graduate students can get student loans Graduate students loans include two federal loan options, along with private loans. • Federal direct unsubsidized loans. Graduate students can borrow up to $20,500 each year. To apply, submit the FAF...
Student loans are a type of money you borrow for your education. While some people borrow the entire cost of their degree, including room, board, and fees, others take out loans for only a portion of the total. In most cases, students have to start paying their loans back with interest...
For instance, loans are money you borrow to pay for a product or service upfront with the expectation that you will repay the loan at a later date.例如，贷款是你为提前支付产品或服务而借入的钱，预期你将在晚些时候偿还。And if you complete the FAFSA, you may be eligible for federal studen...
Among bachelor's degree recipients, 61% took out student loans to pay for college expenses, according to the most recent Department of Education statistics. If you're among the majority of students who need to borrow money for college, here's how to get federal and private student loans. ...
Student loans are sums of money you borrow for your education and then pay back over time — in most cases, with interest. Loans will often be part of your financial aid offer from the school you attend. Look for grants and scholarships first, since those don’t have to be repaid. But...
Getting a student loan without access to your parents’ financial information or credit history may be difficult, but it’s not impossible. If you’re an independent student then you can borrow federal direct loans. If you have good credit, you can also choose from multiple private lenders. ...