Government Financing Options For College
May 13, 2009 by Tisa Silver
Filed under Investing
Wondering how you will pay for college? Before you max out credit cards or ask the bank for a loan, find out what the government has to offer!
The government offers several borrowing programs for college-bound students and their parents. Today’s post will cover the basics of three government loan programs: Stafford, PLUS and Perkins.
Stafford Loans are available directly from the government through the Direct Loan Program. If a school does not participate in the Direct Loan Program, the funds are lent to students from a bank or other lender that participates in the Federal Family Education Loan (FFEL) Program.
Unsubsidized loans are not need-based …read more
