Student loan and financial resources

There are a lot of Government and non-profit organizations which provide FREE tips and techniques to learn about student loans.

Getting knowledge of "how to get the student loans?", "where to get on interest free rates?" and "how to repay it after getting financial freedom?" is very essential.
I have compiled some resources which can guide you to get student loans or relevant informtion.

According to a difinition by Wikipedia:

"Student loans are loans offered to students to assist in payment of the costs of professional education. These loans usually carry a lower interest rate than other loans and are usually issued by the government. Often they are supplemented by student grants which do not have to be repaid."

1- Federal Student Aid is the homepage of the U.S. Department of Education's Direct Loan Program, which provides loans to help students pay for education after high school. The Department of Education acts as a lender, providing funds for Stafford loans and PLUS loans in the same amounts as the Stafford and PLUS loans offered through the Federal Family Education Loan Program. (In the FFEL Program banks and other private lenders provide these loans.)
- Students page teaches you about Direct Loans, how to apply, where to go for online loan counseling, what free publications are available, and how to avoid default.

- Direct Loan publications offer up-to-date information on the program for students, parents, financial aid professionals, and researchers. There are a lot of publications which can be downloaded from the link.


2- Creditloan.com helps educating consumers about various personal finance issues. Among some of the topics discussed are bad credit loans, mortgage/refinancing loans, credit cards, student loan information, credit reports and repair, and many other credit and financial help issues.

What "Credit Loan" says about Student loans?

"It is important for students to remember while availing government student loans that they are financial obligations those need to be repaid. One has to pay attention to the various terms and conditions that are part of government student loans that help in funding one's school education. It is always better not to borrow more that what is required for repaying comfortably once the student were to complete schooling.
Most of the government student loans are interest free in the sense the student need not pay interest up to a certain period of time. Interest only begins to accrue only during the repayment period. There are other exceptions to this rule also. Repayment on government student loans may be sometimes deferred temporarily. This could happen in cases like if you were to join the army or return to your school half-time, or under certain stipulated circumstances. These loans are also beneficial in another sense since the students have often up to ten years to repay the loan. It would all depend on the total amount that they borrow in the first place.

This flexibility when it comes to loan repayment is one of the reasons for the increasing popularity of federal student loans. There are different types of government student loans that are on offer. The Federal Perkins loan is one among them. This type of loan is available to both undergraduate and graduate students. Students are required to demonstrate a financial requirement in order to quality for these types of loans. The funds are actually disbursed by their respective schools and they must be in turn repaid to the school. This program is actually a school campus based program with the school being the lender, which is in turn using limited funds provided to it by the government.

There are also subsidized and unsubsidized loans available for students. In this case while the student is still in school the interest is taken care of the federal government which pays for it. Since this loan is purely on need based basis qualifying criteria is tougher and not all are likely to qualify for this type of government student loans.

There is yet another type of government student loan known as the 'Direct PLUS loan'. Under this type the loan is actually available either to the guardians or parents of undergraduate students. These loans can be availed if one were to demonstrate the financial requirement for such a loan. This type of loan actually comes with a variable interest rate.

One can find extensive information on student loans which are funded by the federal government by going through detailed online resources which are dedicated to the subject. You can also find detailed information regarding the qualifying criteria for availing these types of loans. Students can also get in touch with their school authorities to find out more in detail about these types of loans. Students can also find out more about student loans from their friends who may have availed these types of loans before them."

Source link: Government Student Loans

3- Directgov is produced by the Central Office of Information, Directgov provides information from across UK government departments on topics ranging from travel safety and parental leave to special educational needs and local NHS services.

"Direct Gov.uk" provides the tips about student loans. Topics covered are:
-Student Loan for Tuition Fees
-Student Loan for Maintenance
-How much you can get
-Repaying Student Loans
-Interest on Student Loans
-Effect on other financial help
Link: Student Loans from the government: how do they work?

2- Studentloans.com for schools in the United States and Canada, is a leading not-for-profit education lender dedicated to helping students and families find the resources they need to fulfill their education funding objectives.
Whether you need private student loans or federal student loans, they simplify the process of investigating, evaluating and applying for the funds you need to finance your education.

Search these links at the site:
* It is a valuable source of student loan information, helpful resources, and application forms – accessible directly through your computer.
No matter where you live or where your college is located, Studentloans.com will help you secure the student loan program you need – so you can begin planning for your major, your degree, and your future!
- Student

* Studentloans.com offers a full range of parent student loan options and financial aid information, to help you finance your child’s education. From federal government parent college loans to low-interest private alternative student loans, you’ll enjoy competitive rates, flexible repayment plans, and money-saving incentives with Studentloans.com.
- A Parents’ Guide To Private & Federal Student Loans and Financial Aid

* Private Loans through Studentloans.com are a fast and easy way to fund your education-related expenses. Private loans are credit-based consumer loans that can be used for any education-related purpose, including books, tuition, room, board, lab fees, and transportation.
- PRIVATE LOANS