After maxing out scholarships and grants, you may want to explore 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 under certain circumstances, longer repayment terms, and less stringent and sometimes no credit requirements.
Federal student loans are available through the Federal Direct Loan (Direct Loan) Program.
Students and parents should always explore federal loans before investigating private student loans.