Federal Perkins Loan by Jason Hahn
The Federal Perkins Loan used to be known as National Direct Student Loans (NDSL). This loan is the regarded as the best of the federally subsidized loans, and is given to students who are in high financial need. Currently, the interest rate is at a low 5%. ... Interest on these loans does not accrue during the time the student attends college, and students are given up to ten years to repay the entire loan amount. ... Repayment begins nine months after the student graduates or drops below half-time student status.

Establishing Credit Though Student Credit Cards by Nick Makaryk
In today’s society, credit cards are considered to be a luxury. Since you never have to worry about having cash on hand to make a purchase, credit cards are very convenient. While some credit cards come with very strict guidelines, there are still a lot of companies that are willing to give... When a student is planning on making a large purchase, he or she can greatly benefit from a student credit card. ... Many banks and companies which offer student credit cards require the student to have a co-signer as their form of collateral or insurance.

Types of Student Loans by Stephen Kreutzer
Paying for college sometimes means using student loans. Student loans are specifically designed to help students meet the costs of a higher education. Most student loans offer good deals on tax credits, payback and interest rates. However, before getting a student loan it is important to... The Federal Stafford Loan is a commonly used government loan that provides low interest rates. ... An unstudied loan Leaves all interest up to the student. ... Student loans may be the only way to ensure a student can afford college, so getting to know the options is a good place to start.

Student Loan Consolidation - Your Education May Come At A High Price by Dean Shainin
Student loan consolidation is a payment plan that combines all of your loans into a single loan. It also allows you to save some money, because consolidating all of your student loans lower your interest rate. Student Loan Consolidation Is A Simple Process Students on average, borrow around... Federal Student Loan Consolidation Facts To Consider Federal Student Loans are easier to pay and brings less long term hassle and panic if these debts are converted into Federal Student Loan Consolidation.

Student Loans – Realize Your Academic Dreams by Paul Cris
Student loans are really a convenient way of fulfilling academic dreams. Student loans are given to college students who have enrolled in a college and have completed at least one semester of the course. Student loans are provided generally to students who are bright in academics. ... Small student loans have shorter repayment time and a large student loan would have a longer repayment period. ... The student pays the interest of the student loan. ... The interest rate of the student loan depends on the market interest index.

Are Student Loans Better Than Credit Cards? by Nessa McHooley
When applying for student loans, it’s so important for prospective college students to calculate their finances as best they can to receive the appropriate funding. From tuition and books to room and board, living expenses and food, students should make sure to secure the funds they actually... Student loans usually are taken out with fixed interest rates, depending on the type of loan and a students’ credit rating, amount of loan, repayment terms, etc. ... Student Loans versus Credit Cards If anything, it’s the opposite.

The Benefits of Federal Student Loans by Jackson Summers
The average student who graduates from university will find it hard to make repayments for their student loan. Unless you win the lottery or have rich parents you won’t be able to celebrate your financial freedom just yet. But there is a way out for students with high repayments. ... A standard federal student loan is easily spent during the course of your studies and you may find yourself with more than just one federal student loan. ... If you currently have a loan with two lenders for the total of $15,000 at 5% interest and you want to consolidate your student loan you can apply from a...

Student Credit Card Offers – Good or Bad? by Robert Alan
Student credit card offers can be a wonderful way for college students to be introduced to the world of credit. With a student credit card they can buy things when they need to and learn how to manage debt successfully. But there are some good reasons to use student credit cards as well as some... A student credit card is not for every student out there. ... One of the best aspects of student credit cards and college student credit cards is the fact that they are very easy to get. ... If you get your student credit card and you then make all of your monthly payments on time every month...

Poor Credit Student Loans For Low Cost College Education by Turk Malloy
A student who is aspiring for college studies has enough loan opportunities even if he has been labeled as poor credit borrower. Poor credit student loans are now easily available to poor credit students as there are various options open to them in taking a loan. ... Also there are many student loan websites who offer tips in sourcing the student loans. ... The interest is subsidized by the federal government and so the loan is cheaper for a student. ... The interest will start accruing from the day the student is paid out the loan.

Student Loan Refinance by Ken Marlborough
There are basically two types of Student Loans: Federal Student Loans and private loans. Federal loans are based on the financial need of the applicant [student] and are backed by the US government. They can be refinanced at far lower interest rates than private loans. ... Most Student Loans allow monthly repayments that stretch over 12-30 years, usually, and come due after the student graduates from the program or the course for which the loan was sought. ... Private loans are based on the credit history of the student or the student’s parents or guardians.