Types of Federal Student Loans

Here are some of the types of federal student loans available and how much you can borrow?

Types of loans:

• Federal Perkins Loans
Made through participating schools to undergraduate, graduate and professional degree students.
Offered by participating schools to students who demonstrate financial need.

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College Scholarships and Grants Are Best

The funds you obtain to pay for your education should first come from scholarships and grants. Here is a breakdown of different ways to fund your college education.

Money you do not have to repay
Available personal savings
Scholarships and grants (may have special requirements to maintain eligibility)
Work-study earnings

Cheapest loans
Subsidized and unsubsidized federal student loans (including low interest [...]

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