Two Types of Federal Student Loans
February 6th, 2008 by adminIf you were in a tight financial situation but wanted to go through college, you can take advantage of federal student loans. There are basically two types of this loan. Perkins Loan can award students with loan money. The university you are in can transfer this money in form of a credit. This type of loan has 5% interest rate. You can also avail of Stafford loan, which is a subsidized loan with an interest of 6.8%. If you wanted to manage your loans and pay it off in due time, you can take advantage of federal student loan consolidation. Learn more about student loans at EdLoanFunding.com!
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