ArticlesReader.com Menu
Newest Articles
Most Viewed Articles
ArticlesReader.com RSS
Submit Article
Login
Signup
Search the articles

Articles Main Categories
Advice
Animals
Automobiles
Business
Career
Communications
Computer Programming
Computers
Entertainment
Environment
Family
Fashion
Finance
Food
Health & Medical
Home & Garden
Humor
Internet Business
Internet Marketing
Legal
Leisure & Recreation
Marketing
Other
Politics
Reference & Education
Religion
Self Improvement
Sports
Technology & Science
Travel
Writing
Subscribe
Receive alert message from us when new articles submitted to our site for free.

Enter your name

Enter your email

Syndicate

















Related Products
Home::Career

All About Student Loans

Author : Jeff Pritchard
A student loan is an unsecured loan made by lenders that receive government underwriting assistance. Without this government assistance, student loans would not be very practical. Lenders would find other more profitable arenas in which to loan their money. Nobody would be able to get a low interest student loan – without the help of a parent with a substantial financial history and reasonable means. Like any government sponsored program, there are rules and regulations and red tape to deal with. In the case of student loan red tape, it all begins with a financial aid form called the FAFSA (Free Application for Federal Student Aid).

This form establishes the student’s eligibility (or ineligibility) for all manner of student loan assistance, including low interest loans. This form can be filled out and submitted as a regular paper form, or it can be filled out and tracked online (much easier). The guidance office at your High School is likely to have a pile of these forms. Libraries and College Admissions offices are other places to look for the paper version of the form. If all else fails and you really want the paper version of the FAFSA, you can get one by calling 1-800-4-FED-AID.

Most people find it more convenient to simply log on to www.fafsa.ed.gov and submit the form electronically. By doing it this way you also automatically get a way to look in on the status of your application. Supposedly, doing the form online can make the process from one to two weeks faster than submitting the paper form. Either way, you will find that the form is relatively easy to fill out, and typically will require much of the same information that would be included in the parent’s tax returns.
Student loans are also available to those who turn out to be ineligible for the regular unsecured low interest student loans. These other loans are normally called Parent Plus loans or private alternative loans, or just “alternative loans”. These are basically loans made with a co-signature from the parents. In effect it’s no different from a young person buying a car with a parent’s co-signature. Both the student and the parents are on the hook for repayment of the loan.
Because of the government regulation involved with the unsecured student loans, this is one of the few types of loans that do not require a whole lot of shopping around. There is not a lot of variability in the interest rates and other features of the government sponsored loans. The same is not true for the Parent Plus loans or private alternative loans. With those you do need to shop around.
So the first step is really to fill out a FAFSA form well in advance of the time tuition is due and use that to start your quest for college money. This will help you to determine what kind of student loans you are eligible for and assist you greatly in your loan shopping.

You can learn more about your options and see offers from some alternative loan student loan lenders at my website - http://www.creditcards-and-loans.com/student-loans.html


About the Author

Jeff Pritchard is a webmaster with several informative websites and primary author of the new website www.creditcards-and-loans.com. This site is a supermarket for all types of credit and loans. You can learn about the options and differences between various kinds of loans and find all the best and latest loan offers

Spam emails More free articles

Related articles


  1. Tips For Successful Job Hunting: How To Get A Job Without A Resume
  2. How to Turn a Job Search into a Career Find
  3. How to Pick the Best Career For You , Part 2: From Exposure-to-Opportunity
  4. My Landscaping Business is Better Than Your Lanscaping Business...
  5. Why Culinary Education
  6. How To Pick The Best Career For You, Part 1
  7. 4 Internet Job Search Mistakes to Avoid
  8. Get A New Job - Career Choices
  9. Electronic Resume Writing Tips That Boost Your Interview Appointment Success
  10. Travel Light to Work
  11. Sawbones
  12. Whiners Need Not Apply
  13. Discover your passion
  14. Workplace Violence - 8 Tips For Spotting Early Warning Signs
  15. Your Best Job Search Tool May Be Your Computer
  16. Practice Speaking
  17. Smokin’ Up a Storm: Clothing, Smokers, and the Job Interview
  18. Resume That Effectively Promotes You!
  19. What is Contract Programming? An Alternative to the Conformity of Everyday Employment
  20. Ten Great Careers For Computer “Geeks"
  21. The Six Figure Job Search
  22. An RX For Your Résumé
  23. Powerful Phone Interviews
  24. Your Self-Image in the Workplace
  25. Thank-You Notes: An Integral Part of Your Career Design
More related feeds
Credit Crunch Squeezes Student Loans
The slump in the credit markets has shrunk capital available to brokers of student loans, complicating the already-difficult task of financing a college education. The Boston Globe relates the story of one Massachusetts family, ...

Student Loan Consolidation
Now that my son has dropped out of college, we will be looking for a student loan consolidation. You might ask what is student loan consolidation? It’s the process of combining all the loans received into one big consolidated loan. ...

All About Student Loans
Student loans help you pay for college. There are many different things you should know about them, such as:. Student Loan Comparison. Do you qualify for a federally subsidized Stafford loan? How can alternative/private loans help to ...

Article about student loans, student loan, school loan
Federal student loan consolidation plans are applicable for all students whether you are still in school or a recent graduate or already into your new career. If you are an American student or one studying in an American school, ...

STUDENT LOANS
While student loan consolidation loan is refinancing program, whereby the borrower transforms all his student loans into one loan with a fixed rate, one monthly payment & one lender. Private student loans, again, is a financing option ...

Loan Consolidation - Public Service Work Can Earn Forgiveness On ...
... your variable rate loan portfolio Loans outside the box. Traditional student loans are not the only way you can ... July 1 Brings Record-Setting Drop in Student Loan Interest Rates Market Wire (press release) all 91 news articles ...

Exploring Amazing School Loan Consolidations
You can always avail of a college loan consolidation or a school loan consolidation for all your student loans. If you are an American student or one studying in an American school, then you are eligible for federal student loan ...

Protecting Banks Not Borrowers?
The letter said the authority would no longer offer federal loans, including low-interest Stafford and parent loans. Even worse, the authority said money for private student loans was in doubt. Seriously, WHERE DID ALL THAT BAILOUT ...

How to get, save money on Stafford Loans
So where can you go to get your Federal Stafford Loan? Right here! Your search is over. Here at The Student Loan Network we’ve got you covered. Just click Stafford loan and complete your online application today. It’s fast and easy! ...

Student loan consolidation resource
Of course some Student Loan Consolidation already applied to make sure only talented student and poor student can take the loan. The loan itself more than enough for covering all college expense but more student get more benefit in the ...

 

 

© 2007 articlesreader.com - All Rights Reserved