Student Loan Wanted? Three Types Of Student Loans For You
Students and parents who must deal with the high cost of a college education have available to them a wide range of student loans. This article offers details on three general types of student loans.
Federal Stafford Loans
Unlike other student loans, application for a specific Stafford Loan should be preceded by the filing of a Free Application for Federal Student Aid (FAFSA). The FAFSA application should be made in the name of the aspiring student.
The process of applying for a Stafford Loan differs in a second way from the application process for other student loans - and application for a Stafford Loan does not require a credit check.
