Using information from the FAFSA, the US government issues different types of federal loans. You can't request one loan over another, but you'll find out what you're eligible for on the financial aid award letter that comes from colleges that accept you. Al...
there are many types of college loans available, with options for every student. Some college loans are based on financial need, some are government loans available to all, some require agood credithistory and can be acquired through private lending sources, ...
understanding the different types of student loans learn more about student loan borrowing options from the federal government and private lenders. july 5, 2022 | 9 min read about 65% of today’s college students graduate with some form of debt . so if you’re planning on going to college,...
Whether you’re looking for federal or institutional aid, start by filling out the FAFSA® and complete the CSS Profile® if needed. Take advantage of the types of financial aid that don’t need to be paid back, like grants and scholarships, before turning to student loans. Working in ...
U.S. citizen or permanent resident to apply for a private student loan, and these loans may have stricter eligibility requirements and higher interest rates. However, they can still be a valuable resource for international students and non-citizens who need help paying for their college education...
Visit our Knowledge for College Scholarship page to learn more and enter today! THE COLLEGE PLANNING CENTER SUCCESS STORIES THIS SERVICE WAS AMAZING! This service was amazing! It took all of the stress and uncertainty out of completing the FAFSA and CSS for my son's college process. I was ...
Students with financial need who file the Free Application for Federal Student Aid, known as the FAFSA, may be eligible for the program. Families who used work-study funds as a source to pay for college used an average of $1,808 in 2019, according to a Sallie Mae survey on...
, which is determined using a formula with the information provided on the fafsa. the interest on these loans is covered by the department of education while a borrower is enrolled in school at least part-time, during the first six months after leaving school and during periods ...
Student loans are one of the major sources of funding for college education in the U.S. Nearly 43 million borrowers take out federal student loans to pay for school.1There are four types of federal student loans: direct subsidized loans, direct unsubsidized loans, direct PLUS loans, and dire...
Types of Federal Direct Student Loans Direct Subsidized Loans Direct subsidized loans are for undergraduate students eligible for financial assistance due to their or their families' economic circumstances. These loans help to cover the costs of a professional career, school, college, or university. Qu...