Student Loan Programs are ordinarily designed to offer a low interest rates and very flexible refund terms than accepted car or home loans. But seeing a low interest student loan will need some serious work on your part.
Federal loans, federally guaranteed loans, underground loans, parental loans - how do you find the one that's right for you?
Federal Student Loan Programs
How To Find A Low Rate student Loan ?
Your first stop should always be the federal student loan programs. Even if you don't think you are eligible, it is worth completing the appropriate application form and submitting it just to see if there are grants or other types of loans you might be able to obtain. Also, most colleges and universities need you to unblemished the federal form because they use the information it contains to correlate your eligibility for state aid as well as their own institutional programs.
During the late 1990's and the early 2000's the interest rates on federal student loans were at historic lows. The rates have since moved back up some, but they are still substantially lower than those available through accepted loans.
No comments:
Post a Comment