Due to the recession and financial crisis all over the world, lending companies are forced to reduce options which can also be a huge problem for soon-to-be college students who needs financial assistance. But still whatever the financial situation is students will still be able to borrow money from the feds. Here are some things [...]

Since there are different kinds of federal student loans in the United States, there are several loans that are mostly used by students and parents. These are the Federal Stafford loans, Federal Perkins loans and finally the Federal Parent PLUS loans.

Federal Stafford loans: This kind of federal student loan is the most used by the [...]

Federal student loan programs are the largest source of funds for college loans. This is amended by Title IV of the Higher Education Act in the United States. These loans are distributed directly and available to different university and college students who needs it. It can also be used to support personal and family needs, [...]

Before, most college loans are offered by the federal government.  Now, aside from the federal government, schools have already established linkages with private corporations to offer college loans.  The bureaucracy associated with working with the government translated into a stronger preference of schools for private corporations in terms of providing college loans for their students.
In [...]

Private student loan and federal student loan are the two types of college loan that are commonly known and availed.  When student loans were first introduced in the society, only the federal government offered student loans.  But the hassles of paperwork and bureaucracy in working with the federal government prompted the increase of private student [...]

To consolidate college loans certainly is a task that can reward you with so many benefits.  If you consolidate college loans, you can enjoy a significant drop in the required monthly payment and your finances will be made much more simplified.  To consolidate college loans leads to the merging of all existing federal loans into [...]

The list of the kinds of student loans and their respective features, advantages and disadvantages can be quite long.  In a gist, the kinds of student loans include Private Loans, Direct vs. FFELP (Federal Family Education Loan Program) loans, Grad Plus, Parent Plus, Consolidation, Unsubsidized Stafford, Subsidized Stafford and Perkins.  These kinds of student loans [...]