What are the Different Types of School Loans?
There are three main types of school loans: federal student loans, parent loans, and private loans. Each type of school loan has a specific application process and eligibility requirements. It is in a person’s best interest to only apply for school loans if they have exhausted other resources such as scholarships and financial aid. Most students will apply for federal school loans when they apply for financial aid. The schools you apply to will make you fill out the application at the same time so that students ineligible for financial aid will still have the option of receiving money through a government-funded loan. Federal school loans, of which the Stafford loan is a type, are handled by the Department of Education. A student has the ability to receive a subsidized or an unsubsidized federal loan. The main difference in these school loans is that subsidized loans do not charge or build any interest until the moment you start to repay them. Unsubsidized loans begin gathering interes
… types of school loans : federal student loans , parent loans , and private loans . … has the ability to receive a subsidized or an unsubsidized federal loan . … http://www.wisegeek.com/what-are-the-different-types-of-school-loans.htm How to Get a Loan at Evergreen … aid programs at The Evergreen State College is to help students who do not have the necessary resources to reach their … Student Stafford Loans . Parent … http://www.evergreen.edu/financialaid/loans.htm Federal Education Loans | Department of Education: Federal Education … Federal education loans privde student with government loans to pay for … Federal PLUS Loan – Parent Loan for Undergraduate Students – provides parents … http://www.edvisors.com/Department_of_Education/Federal_Education_Loans/index.html PNCA : admissions : fa : bfa : loans Federal Subsidized Stafford Loans are based on a student’s financial need and year in school. … Federal Parent PLUS Loans have a fixed interest rate of 8.5 … http://www.pnca.edu/admis
