FEDERAL STUDENT LOANS These loans are offered to students to assist in payment of the costs of professional education. The government of the country offers federal loans and at a very low rate of interest. Student loans are a great help to students who plan to do further studies, in their own country or abroad, but lack the requisite funds to do that. In this way student loans not just assist the student but also his family.
Start your Student Loan Consolidation application.
Federal Student Loans
The students opting for Federal Student loan consolidation programs are funded and administered initially through the US Department of Education’s Federal Student Aid Programs. These loans are the easiest to get student loan consolidation services. The Federal student loan consolidation programs disburse about $60 billion a year.
The following lists a few types of Federal Loans.
PARENTS PLUS LOANS: A PLUS loan is a student loan offered to the parents of the students. The students should be enrolled atleast half time in the participating and eligible institutions.
STAFFORD LOAN: A Federal Stafford Loan is a student loan offered to eligible students enrolled in American institutions of higher education to help finance their education. These loans are guaranteed by the full faith of US government.
PERKINS LOAN: A Federal Perkins Loan, or Perkins Loan, is a need-based student loan. It is offered by the U.S. Department of Education to assist American college students in funding their post-secondary education
