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what is a good loan for college?
5 Answers
- Anonymous1 decade agoFavorite Answer
The best type of loan to get is a government loan. In order to do this, you need to follow these steps:
1) Fill out the FAFSA. This will determine if you are eligible for financial aid. Go here:
2) Once you are eligible for aid, choose a government-based student loan. The best loan to get is a Federal Perkins Loan. These have low interest rates and the government will help you pay it back as long as you stay enrolled in school. You also don't need a cosigner or good credit for it. For more info go here:
http://www.studentfinancedomain.com/student_loans/...
3) The next best loan to get is a Subsidized Stafford Loan. This has many of the same benefits as a Perkins Loan. Learn more here:
http://www.studentfinancedomain.com/student_loans/...
4) You can also try to get a grant or scholarship, which is free money that you won't have to pay back. Look here:
http://apps.collegeboard.com/cbsearch_ss/welcome.j...
http://www.educationplanner.com/education_planner/...
http://www.college-scholarships.com/
Good luck!
Source(s): http://www.studentfinancedomain.com/ - Anonymous1 decade ago
I found interesting information about your answer, college loans, scholarships, college grants & partime works here.
http://all-student-loan-consolidation.blogspot.com...
Good luck!