The federal Perkins loan provides a way for those in financial need to pay for college. This type of student loan has a low flat interest rate and a long grace period.
Stafford federal loans are a great source for student loans. While subsidized Stafford loans are only available based on financial need, unsubsidized loans are available to all eligible students. I’ve outlines the application process as well as current interest rates and loan limits.
It is very important to know what kind of loans you are getting into when applying for student loans. By knowing a few questions to ask when researching loans, you are more likely to get the best loan for YOU.
The Hope Credit and the Lifetime Learning credits are 2 types of tax credits that can reduce your tax liability and save you money.