The best student loans to get are federal education loans, as they have the lowest interest rates and the most flexible repayment terms when compared to their private loan counterparts. Because federal loans are vastly superior to most private student loans, I recommend to students that they only apply for private loans after they have [...]
in Federal Student Loans, Student Loans,
by Jeff Bullock
Students often ask me about direct student loans, and what they are exactly. Direct student loans are federal education loans that are provided by the Department of Education, and are not to be confused with uncertified student loans, which are often characterized as direct-to-consumer loans. With the inception of the Student Aid and Fiscal Responsibility [...]
in Graduate Loans, Student Loans,
by Jeff Bullock
Graduate student loans can provide you with the money you need to pay for your graduate or professional school education, and before you haphazardly go about applying to lenders without any rhyme or reason, you should first understand that there are four major categories of graduate student loans that you may want to consider: Federal [...]
Federal student loans include education loans that are provided via the Direct Loan Program by the Department of Education. The Federal Family Education Loan Program, or FFELP, has officially been discontinued by the federal government, and now all federal student loans will be funded “directly” by the Department of Education, without the need of any [...]
Direct Stafford Loans are federal student loans that are provided on an annual basis to both undergraduate, and graduate students. There are two Stafford Loans—the Direct Subsidized Loan, and the Unsubsidized Loan. The Direct Subsidized Loan is based upon need, and does not accrue interest while you are in school. The Unsubsidized Loan does accrue [...]
in Student Loans,
by Jeff Bullock
There are a wide variety of undergraduate student loans available to you if you are still trying to complete your bachelor’s, or associate’s degree. The most common student loans for undergraduate students include the following loans: Stafford Subsidized Loans Stafford Unsubsidized Loans Perkins Loans PLUS Loans State-based Student Loans Private Student Loans You should apply [...]