Loan Types

Financial aid comes in three forms: grants, scholarships, and education loans. A type of financial aid, education loans are loans that must be repaid, with interest. Education loans can be classified into three categories: parent loans (also called PLUS loans), education loans (such as Perkins and Stafford loans), and private education loans.

Education Loans

With education costs rising to unprecedented heights, few people are able to make it through school without accumulating some debt. In fact, about two-thirds of undergraduate students will graduate with some debt, with the average around $19,000. But the steep cost of an education doesn’t have to stand in the way of your scholastic goals. No matter what type of degree you would like to pursue, education loans can help you bridge the gap between your dreams and financial reality. Whether you are a high school student preparing for college, a college student, a college graduate, or a parent of a student, there are education loans out there that are right for you.

Financial aid comes in three forms: grants, scholarships, and education loans. A type of financial aid, education loans are loans that must be repaid, with interest. Education loans can be classified into three categories: parent loans (also called PLUS loans), education loans (such as Perkins and Stafford loans), and private education loans. Another subtype of education loans is the consolidation loan, which allows you to combine your education loans into one, low-interest loan. With federally-guaranteed education loans, the government imposes a cap on the interest rates and fees lenders can charge you. For more information about education loans, see our “Education Loan Basics” page.

If you’re looking for a smart, easy way to attain your scholastic dreams, education loans can make it happen. Education loans can give you up to the full cost of your annual educational costs, which includes things like transportation, room and board, etc. You can even complete the application process entirely online for free! To get started on financing your education, you can click “apply now” anywhere you see it on our site. It will take you a few minutes to fill out the application, and you will be contacted by one of our representatives to complete the loan usually within minutes. Don’t wait to fulfill your educational dreams…apply now!

Apply For An Education Loan Today!