welcome to Federal Student Loan Guide
Student Loans: Everything you need to know. Discover in our App a Guide to student loans or Loans for education.
A student loan is the money you borrow to help pay for studies and thus achieve academic goals. This type of loan does not differ much from other loans. However, the process of obtaining and repaying a student loan has some special peculiarities.
Learn everything you need to know about the loan process, the amount you can borrow as well as the interest rate and fulfill your dream of a good education at the best universities.
The money borrowed can be either by the government or a private lender. This money should be earmarked to pay for college tuition, accommodation, food, books or other related expenses. This money will later be paid back with interest. The interest will vary depending on the term of the loan and is based on the Consumer Price Index or RPI, which measures the evolution of the cost of living.
This Federal Student Load guide app surely more usefull for you as student
Interest begins to be charged from the day the Student Loan Company makes the first payment to you or your college, until your loan is repaid in full or cancelled. It is usually repaid within 2 and 15 years. Make sure what the term is before you apply.