Student Loan Consolidation

When free aid isn’t enough to pay for college, it’s time to take advantage of the Federal Student Loan Program.

Student loans are low-interest, federally guaranteed loans, most of which don’t have to be repaid until after graduation. The amount and type of student loans for which you’re eligible will be outlined in your Student Aid Report—the form that’s generated by the Department of Education in response to your Free Application for Federal Student Aid (FAFSA)—and could include:

Federal Stafford Loans
Student loans, such as the Federal Stafford Loan, are taken out in the student’s name with no collateral and no credit checks.

Federal Parent PLUS Loans
If student loan aid doesn’t fill the gap, your parents could be eligible for a Federal Parent Loan for Undergraduate Students (PLUS). Under this program, creditworthy parents can borrow up to 100% of the total cost of education for dependent children, less other aid awarded.

Private Loans
Unsecured, credit-based loans available to undergraduate, graduate and continuing education students. If you don’t qualify for a private loan, your parent or guardian may co-sign.