Loans are financial assistance that must be repaid. There are education loans available through the federal government and through private lenders. Each loan program has specific eligibility criteria, repayment, cancellation, and deferment conditions. The Free Application for Federal Student Aid (FAFSA) must be completed to be considered for all federal education loans.
Types of Available Loans
- Federal Perkins Loan
- Federal Subsidized Direct Loan
- Federal Unsubsidized Direct Loan
- Federal Plus Direct Loan
- Alternative Loan Program