All Student Loans Articles

You’ve chosen your school for the fall, but now it’s time to choose your student loan. The application process and knowing the pros and cons of each type are the most important when it comes to picking which one is right for you. Here’s a rundown of some of the steps to take and things …

Every student is faced with a choice when they exit the relative financial comfort of high school to attend an institution of higher learning. Tuition rates are mounting, and it is perhaps more important than in the past to have a plan for college payments. There are several options open to assist students with the …

Applying for the FAFSA matters. When applying for federal aid through FAFSA, you will find that there are two loans for students available through their program: direct subsidized loans and unsubsidized. Your family’s current financial situation and your needs determine which loan lenders offer and which you prefer. Direct Subsidized Loans  Subsidized, also know as …

Private student loans, also known as private education loans or alternative education loans, are great resources, especially when federal aid does not fully cover the cost of school. Private loans are offered by many banks and each have their own requirements, interest rates, and protections. Interest Rates When considering private student loans, there are two …

The federal loans program in the United States is officially known as the William D. Ford Federal Direct Loan Program. Under the Department of Education, there are three types of federal student loans available: direct subsidized, direct unsubsidized, and Direct PLUS loans. It’s important to carefully weigh the pros and cons before choosing which is …

Stafford Loans are a type of federal student loan offered by the U.S. Department of Education.  The Stafford Loan program was established in 1988. It was named after Senator Robert Stafford who was instrumental in passing legislation that transformed the Higher Education Act of 1965. As of 2010 however, the Stafford Loan program was renamed …

Planning for college finances can be tricky enough, even without all the letter-scrambling acronyms thrown into the mix.  Between the jargon and complicated questions, we understand why financial aid can be so difficult. As a result, we’ve compiled a list of common student loan acronyms to help break things down a bit, and make the …