A student is about to enter college but at the same time worried about how he is going to find the money to be paid for the various school dues and costs. This has been the common scenario at the start of every academic year. It is a good thing that these days, there are [...]
Archive for the 'Loan Types' Category
Easy Private Student Loans
Posted on 23rd October 2009Federal Stafford Loans
Posted on 23rd October 2009Federal Stafford Loans are student loans that must be repaid and are available to both undergraduate and graduate students. There are two types: Federal Direct Loan (Direct Loan) and Federal Family Education Loan (FFEL).
If it is a subsidized Stafford loan (demonstrated need for the loan), you are not responsible for interest while attending at least [...]
The Most Popular Student Loan
Posted on 23rd October 2009What is the most popular type of student loan now? The Stafford loan. More than 90% of all money borrowed for college fall under the category of a Stafford loan. This loan was first started to help low income families be able to send their children to college. The perimeters for the loan were not [...]