contact your chosen school to accept the financial aid offer. You should compare the total cost of attendance with your estimated financial aid award to determine whether you'll need to borrow additional money to pay for school, such as through federal Parent PLUS loans or private student loans...
If the federal aid won’t cover the full cost of college, you’ll probably need to apply for private student loans. Not sure where to start? This guide walks you through how to get a student loan in seven steps.
The last thing to do is accept any loans you’re interested in and complete additional requirements, likeentrance counselingor signing apromissory note. Remember, taking on a student loan is a big responsibility. Ensure you understand the pros and cons of student loans and how toavoid overborrow...
Student loans, whether federal or private, have to be repaid at some point, and all loans come with an additional charge in the form of interest.Grants and scholarships, however, don’t have to be repaid as long as you meet the requirements. ...
There are additional relief options for private student loan borrowers, current college students and federal borrowers who live outside of a FEMA-designated area. Here’s how to get student loan help if the L.A. wildfires or other natural disasters have impacted you. If you have federal ...
Through the FFEL, you can take advantage of these loans when you need them. Inquire at the agency that you are working for so that you can determine the loan requirements. How to Get Federal Employee Student Loans – Qualifying for a Loan...
There is also the possibility that some of your loans can be forgiven — that is, you don’t have to repay them — if you work in certain professions, such as teaching and public service There are four types of federal student loans for college: Direct Subsidized Loan: Subsidized Stafford...
Student loans can be confusing, but these resources offer legitimate student loan help if you want lower payments or to get rid of your debt altogether.
Step 1. Preparing to Apply As you consider what type of student loan is best for you, it’s crucial to understand your options. Most students will choose between two: federal student loans and private loans. Researching Loan Options
If you have other kinds of federal loans, you might be able to consolidate them into onedirect consolidation loan, which may give you access to additional income-driven repayment plan options. Nonfederal loans by private lenders and loan companies do not qualify for forgiveness.34 ...