Fed Financial
Student loans?
How do you pay off student loans? Is it a month by month thing? Is there a set time limit in which you have to have it all paid off? Are the intrest rates generally high? Do you have to do anything to qualify for a student loan?
Public Comments
- Usually you pay nothing until you graduate and even after you graduate you have a couple months (grace period) before you have to start paying back the loans. Federal loans are a fixed rate. Private loans have no fixed rate and will keep going up. After you graduate you will find it easier to consolidate all your loans into one payment that you will make each month. Depending on your income and or your parents income it will depend on how much you qualify for. When entering into college they will provide you with the information you need to get the loans. College have a student financial aid department that will help you.
- Maybe you can try below website to get the information you need. It's about student loans articles for your second opinion. http://e-how-2.info/2008/02/25/how-to-get-student-loans http://www.1st-student-loan-consolidation.info/Articles/Student%20Loan%20Basics%20-%20What%20You%20Need%20to%20Know%20About%20Applying%20for%20Student%20Loans.htm
