Knowlopedia
Valued Contributor
- Credits
- $0.37390
One of the best ways to get government sponsored student loans is to explore your options on the Federal Student Aid site. This post includes a list of all of the different types of government sponsored student loans with their corresponding links.
If you're looking for your first step in getting a government sponsored student loan, this post will tell you where to start! From just beginning your search, through analyzing and applying for financial aid, there are tools and resources offered by the U.S. Department of Education which can help maximize college affordability and success for future generations.
A great place to start is to determine the best type of student loan for you. If you are going to school at least half-time, the Direct Loan program is a government sponsored student loan that provides more flexible repayment options and lower interest rates than other types of loans. (Tip: If you're not sure if you're attending school at least half-time, contact your school to get more information.)
Knowing what the different types of government sponsored student loans are and how to use them can help make the search for financial aid easier for you. The Federal Student Aid site features a loan glossary that defines key terms related to education loans. By understanding these terms and their definitions, it will be easier for you to compare and contrast loan products from different lenders. So, when choosing a lender, start with the Direct Loan program (if eligible), then compare or contrast other options available from private lenders or other government agencies such as ones offered by the military.
If you're looking for your first step in getting a government sponsored student loan, this post will tell you where to start! From just beginning your search, through analyzing and applying for financial aid, there are tools and resources offered by the U.S. Department of Education which can help maximize college affordability and success for future generations.
A great place to start is to determine the best type of student loan for you. If you are going to school at least half-time, the Direct Loan program is a government sponsored student loan that provides more flexible repayment options and lower interest rates than other types of loans. (Tip: If you're not sure if you're attending school at least half-time, contact your school to get more information.)
Knowing what the different types of government sponsored student loans are and how to use them can help make the search for financial aid easier for you. The Federal Student Aid site features a loan glossary that defines key terms related to education loans. By understanding these terms and their definitions, it will be easier for you to compare and contrast loan products from different lenders. So, when choosing a lender, start with the Direct Loan program (if eligible), then compare or contrast other options available from private lenders or other government agencies such as ones offered by the military.
