Federal Student Loans

There are many types of education / student loans. Learn about federal and private education loans so that you can find the right college loan to help pay for your education.

Federal education loans

Federal programs are the single largest source of education loans. The two primary programs are the Federal Family Education Loan Program (FFELP) and the William D. Ford Federal Direct Loan Program (FDLP). The loans available through these programs start with the same terms; however, in the FFELP, your bank, credit union, or school is the lender, and in the FDLP, the U.S. Department of Education is the lender.

Listed below are some of the more widely used federal education loans.

Federal Perkins Loans
Federal Stafford Loans
Federal Parent Loans for Undergraduate Students (PLUS)

Student consolidation loans are also available for those that want to reduce their monthly expenses. With interest rates so low - it may be the perfect time.

Related Article: Private Student Loans >>