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How many kinds of federal student loans are there?


Asked by Hollo
How many kinds of federal student loans are there besides Perkins, Stafford and PLUS Loans? When do you apply for the loans?

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Answered by Sallie Mae
That's it for the federal loans. To apply, you should start the federal loan process now by filling out your FAFSA. This is a government process that reviews your financial information and decides how much federal money you're eligible for. While you're doing that, start looking around and applying for scholarships, and saving as much money as you can. After you know how much money you're eligible for via FAFSA, contact your school's financial aid office and see what private student loans they recommend. Here's some resources for you: Financial Aid Calendar www.salliemae.com/before_college/students_plan/prepare_school/calendar.htm FAFSA: www.fafsa.ed.gov free scholarship search: www.collegeanswer.com federal student loans www.salliemae.com/get_student_loan/find_student_loan/undergrad_student_loan/federal_student_loans/

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