Loan Programs

Many families find that student and parent loans are often a critical piece of their financial aid puzzle. Student loans are serious business and, unlike a grant, must be repaid. Repaying your student loans is your responsibility even if you withdraw, don't find a job for which you studied, or do not feel you got what you paid for.

You do not need to be afraid of student loans, but we want you to be as educated as possible before making key decisions about taking out student loans. To get started, we recommend that you review our comprehensive guide to financial aid — Financial Aid 411.

We encourage you to borrow responsibly so that your student loans do not become a burden that you cannot handle. Too much borrowing while you are in school can cause you to postpone lifestyle decisions while you are repaying your loans. It is critical not to over estimate your earnings after graduation. To get a handle on how much you should borrow, we recommend you check out our SLOPE calculator.

There are a variety of federal programs and private lenders who make loans to students. Each lender may have unique loan qualifications and terms and conditions of repayment. Click on one of the loan programs below to get more information.

Other Loans and Credit Cards

It is possible for you to borrow money based upon your personal family situation and choices. For example, you or your parent may be able to borrow money by using the equity in your family's home. Some banks advertise the availability of education loans of this type.

Your college may have an emergency loan program by which you may borrow a small amount for a short period of time, until financial aid arrives, or for an unexpected emergency.

Many students have credit cards, and they are essential for many things, such as making travel arrangements. It may be possible to borrow money by charging purchases on a credit card, including textbooks or supplies. Use credit cards sparingly and guard against spending sprees. Pay off credit card balances every few months. Your future lifestyle depends on it. That $10 pizza, added to other charges, could cost you over $30 when paying over time on a credit card!

If you determine that you will need loans to finance your education, we recommend first looking at the Federal loans for which you may be eligible. Using other means such as credit cards is a risky alternative and you should understand the consequences before taking this path.

Your student loan may be sold. Student loans are sold for a number of reasons, including to raise funds to make additional student loans. Generally, if your loan is sold, your borrower benefits will remain the same. In addition, unless you are notified otherwise, the contact information for servicing your loans will remain the same. If you need additional information, please contact your lender directly.

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Create an Account Log On My 411 Paying for College Repayment Guide Scholarships & Grants Savings Programs Tax Savings Loan Programs Stafford Loans GRADPLUS Loans Parent Loans for Undergraduate Students (PLUS) Federal Consolidation Loans Federal Perkins Loan Service Cancelable Loans Tools & Calculators Publications & Forms Ask an Expert	En Español Loan Programs Many families find that student and parent loans are often a critical piece of their financial aid puzzle. Student loans are serious business and, unlike a grant, must be repaid. Repaying your student loans is your responsibility even if you withdraw, don't find a job for which you studied, or do not feel you got what you paid for. You do not need to be afraid of student loans, but we want you to be as educated as possible before making key decisions about taking out student loans. To get started, we recommend that you review our comprehensive guide to financial aid — Financial Aid 411. We encourage you to borrow responsibly so that your student loans do not become a burden that you cannot handle. Too much borrowing while you are in school can cause you to postpone lifestyle decisions while you are repaying your loans. It is critical not to over estimate your earnings after graduation. To get a handle on how much you should borrow, we recommend you check out our SLOPE calculator. There are a variety of federal programs and private lenders who make loans to students. Each lender may have unique loan qualifications and terms and conditions of repayment. Click on one of the loan programs below to get more information. Federal Subsidized and Unsubsidized Stafford Loans for Students Graduate/Professional PLUS Loans (GRADPLUS) Federal PLUS Loans for Parents Loan Consolidations Federal Perkins Loans Service Cancelable Loans Other Loans and Credit Cards It is possible for you to borrow money based upon your personal family situation and choices. For example, you or your parent may be able to borrow money by using the equity in your family's home. Some banks advertise the availability of education loans of this type. Your college may have an emergency loan program by which you may borrow a small amount for a short period of time, until financial aid arrives, or for an unexpected emergency. Many students have credit cards, and they are essential for many things, such as making travel arrangements. It may be possible to borrow money by charging purchases on a credit card, including textbooks or supplies. Use credit cards sparingly and guard against spending sprees. Pay off credit card balances every few months. Your future lifestyle depends on it. That $10 pizza, added to other charges, could cost you over $30 when paying over time on a credit card! If you determine that you will need loans to finance your education, we recommend first looking at the Federal loans for which you may be eligible. Using other means such as credit cards is a risky alternative and you should understand the consequences before taking this path. Your student loan may be sold. Student loans are sold for a number of reasons, including to raise funds to make additional student loans. Generally, if your loan is sold, your borrower benefits will remain the same. In addition, unless you are notified otherwise, the contact information for servicing your loans will remain the same. If you need additional information, please contact your lender directly.
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GAcollege411 Partners Copyright © XAP Corporation. All rights reserved. XAP and Mentor are registered trademarks of XAP Corporation. Reg. U.S. Pat. & TM Off. Use of this website constitutes acceptance of the XAP Terms of Use and Privacy Policy .