| Students entering college face a wide variety of | | | | of the available Federal loans, as well as consolidation |
| choices when it comes to an education loan. The | | | | information. |
| college or university can help answer some questions, | | | | The second section is for parents of college students. |
| but often are not equipped to answer questions about | | | | The parents have information on managing college |
| interest rates and repayment options. | | | | debt as well as tips to help for financing. The third |
| Student loans website is a one-stop website that | | | | section is about private student loans and the current |
| covers the type of loans that are available to students. | | | | interest rates. |
| The different types are Federal loans, parent loans | | | | Student loans com can help provide you with the |
| and private lender loans. | | | | information you need in order to make an informed |
| College is very expensive. Even if the student receives | | | | decision about the types of loans you will need, to |
| a scholarship to pay for books and tuition, what about | | | | finance your academic career. The student loan can |
| room and board? There are still many other expenses | | | | be a tremendous asset or a true liability if you are not |
| to consider. If a student is taking a heavy class load or | | | | aware of the different types of available. The |
| is involved in extracurricular activities, such as sports, | | | | difference can be getting a lower interest rate or being |
| there can be little time for a part-time job to help pay | | | | forced into whatever rate your credit score dictates. |
| for the other things. | | | | There are many websites that can help you in making |
| Many college classes now require access to a | | | | a decision regarding financing the expenses of college. |
| computer or a laptop. Scholarships and grants do not | | | | Student loans com is a great place for students and |
| pay for this additional expense, so as a way to help | | | | parents alike, who are unsure on what types of loans |
| combat these costs, many students and parents turn | | | | are available. |
| to a Stafford loan or to a private college loan. | | | | While some don't require repayment until after |
| The website, StudentLoans is great because it offers | | | | graduation, there are some that require repayments to |
| information on consolidating Federal loans such as the | | | | begin once the money is disbursed. Sending children to |
| Stafford loan and even interest rates on private | | | | school is expensive, but it does not have to break the |
| college loans. There are three sections on the website. | | | | bank. |
| The first offers information for students that include all | | | | |