It seems as though you just sent your little bundle of joy off to Kindergarten and now you’re looking at colleges. As a parent, you want the best for your child and understand the importance of academic success for a rewarding and challenging career. Studentloans.com helps parents finance their child’s education with many low interest federal and Private loans featuring competitive rates, flexible repayment plans and money-saving incentives.

Studentloans.com is an easy to use, secure site designed to answer your financing needs. No matter where your child plans to pursue his or her education – across town or out-of-state – Studentloans.com has a network of financing options that will make borrowing money for college simple and straightforward.

Your child's financial aid package is likely to include funds from the federal student aid programs. These programs, described below, are administered by the U.S. Department of Education and provide over $33 billion a year to students attending post-secondary schools. Important Note: Not all schools participate in all federal student aid programs. Check with your high school guidance counselor or your school's financial aid office to make sure your school participates in the federal program(s) you are interested in.

Federal Pell Grants
Federal Stafford Loans
Federal PLUS Loans
Campus-Based Programs
Federal Supplemental Educational Opportunity Grants
Federal Work Study
Perkins Loans

Federal Pell Grants are available to undergraduate students only. Grants do not have to be repaid.

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Federal Stafford Loans are student loans that must be repaid and are available to both undergraduate and graduate students. If your school participates in the Federal Direct Loan (Direct Loan) Program, the federal government provides the funds for your Stafford Loan. If your school participates in the Federal Family Education Loan (FFEL) Program, a Private lender provides the funds for your Stafford Loan, although the federal government guarantees the loan funds. First-year undergraduates are eligible for loans up to $2,625. Amounts increase for subsequent years of study, with higher amounts for graduate students. The interest rate is variable, but never exceeds 8.25 percent. If you qualify (based on need) for a subsidized Stafford loan, the government will pay the interest on your loan while you are in school, during grace periods, and during any deferment periods. You are responsible for paying all of the interest that accrues on an unsubsidized Stafford Loan.

Federal PLUS Loans are unsubsidized loans made to parents. If you are independent or your parents cannot get a PLUS loan, you are eligible to borrow additional Stafford Loan funds. The interest rate is variable, but never exceeds 9 percent.

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Campus-Based Programs are administered by participating schools. There are three of these programs.

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Federal Supplemental Educational Opportunity Grants are grants available for undergraduates only; awards range from $100-$4,000.

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Federal Work Study provides jobs to undergraduate and graduate students, allowing them to earn money to pay education expenses.

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Perkins Loans are low-interest (5 percent) loans that must be repaid; the maximum annual loan amount is $4,000 for undergraduate students and $6,000 for graduate students.

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