Student Loans
For many students, the dream of getting a higher education just isnt possible without the financial aid of a student loan. Fortunately, there are many opportunities out there to apply for and receive a student loan. And even better, http://bills.com is here to give you all the knowledge you need to choose the best student loan for you.
Student loans generally come from two sources: the federal government and private financial institutions, such as banks. Both require repayment of the loan, but thats where the similarities end. Lets take a look at both federal and private student loans.
Federal student loans are sponsored by the government and account for the biggest chunk of education loans. There are three main federal loan programs: The Perkins Loan, The Stafford Loan, and The Parent Loan For Undergraduate Students, also known as PLUS.
The Perkins Loan is the most affordable student loan, with an interest rate of 5% and low fees. But its also the hardest to get because its only given to those who need it the most. And the loan limit, at $4000, is the lowest of all three federal student loans.
The Stafford Loan comes with a...
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