Student Loans FAQs

More Student Loans FAQs

• What is the FAFSA?
• What is an EFC?
• What are subsidized and unsubsidized loans?
• What is a Parent PLUS loan?
• What is deferment?
• What are private student loans?
• How do private student loans differ from Federal student loans?
• What are the benefits of a private student loan?
• Who qualifies for private student loans?
• What do I need to apply for a private student loan?
  
  
  
• Do I need to keep correspondence from my lender?
• What is an entrance interview?
• What is an exit interview?
• What do all of these student loan terms mean?
• What is a subsidized federal student loan?
• What is an unsubsidized federal student loan?
• What should I know about Stafford student loans?
• Do I qualify for a Federal Stafford loan?
• How do I apply for a Federal Stafford loan?
• What do I need to apply for a Federal Stafford student loan?
  
  
  
• What are the pros and cons of Federal Stafford loans?
• What will happen if I can’t pay back my Federal student loan?
• Do I qualify for a Perkins loan?
• Should I consolidate my Perkins loan with my other student loans?
• What is student loan consolidation?
• Isn’t student loan consolidation just another loan?
• Do I qualify for student loan consolidation?
• What kind of questions will I have to answer for consolidation?
• What types of repayment plans are available with consolidation?
• Should I consolidate with a longer payback term?
  
  
  
• How much interest can I expect to pay on my student loans?
• How can I find the best student loan consolidation company?
• How do I know the consolidation lender is reputable?
• Do I still have to make payments if I go back to school?
• How should I handle my student loan repayment?
• What should I do if my lender can’t answer my questions?