After maxing out scholarships and grants, start your school financing with federal student loans. Federal student loans are the largest source of college education loans.
Student loans available under federal programs can have very attractive terms when compared with most other borrowing options - lower interest rates that are set by the government, the ability to postpone making payments, longer repayment terms, and less stringent credit requirements.
Federal student loans are available through the Department of Education's Federal Direct Lending Program (FDLP).
Students and parents should always maximize federal loans before investigating private student loans.
Federal Loans
