Federal Student Loans
Federal student loans are lending instruments that are backed by the U.S. government to help citizens pay for college and other types of higher education. This type of lending instrument delivers several benefits over other borrowing options, but should only be considered after other sources of funding are exhausted. Federal student loans are generally favored over private loans because the interest rates tend to be lower. Plus, this type of loan also tends to have deferred repayment options and the ability to put repayment into forbearance even after it has started. Still, it is best to only seek out loans after private pay, scholarship and grant possibilities have been exhausted.
You can get a PLUS loan for a graduate student just as easily as you can for an undergraduate. In fact, to compensate for... »
There is no specific credit number that will qualify you for a PLUS loan. However, you must not have adverse credit if you wish... »
To apply for a PLUS loan, contact the financial aid office at the college of your child's choice. Ask the office whether the Free... »
Your PLUS loan application may be denied if the Department of Education does not feel that you are creditworthy. Creditworthiness does not depend on... »
More Articles in Federal Student Loans
Can I get a PLUS loan for a graduate student? How good does my credit have to be to get a PLUS loan? How do I apply for a PLUS loan? What can I do if my PLUS loan application was denied? Who is responsible for PLUS loan repayment? Can I defer PLUS loan repayment until after my student graduates? How does PLUS loan repayment work? How are PLUS loan rates determined? Is PLUS loan interest tax deductible? What will happen if I default on a parent PLUS loan? Can You Afford a Parent PLUS Student Loan? How will I receive my Stafford student loan money? How will filing bankruptcy affect your FAFSA application? How do you become recognized as an independent student on your FAFSA application? What does EFC mean on the FAFSA application? What forms are needed to complete a FAFSA? How does being married affect your FAFSA? How does having divorced parents affect your FAFSA? Can you cancel your Federal Perkins Loan? Can you postpone Federal Perkins Loan repayment? What are the Federal Perkins Loan aggregate limits? Choosing a Federal Student Loan Lender Renewing Your Federal Student Loan How Federal Student Loans Are Disbursed Perkins Loans Explained Direct Loans Explained PLUS Loans for Divorced or Separated Parents PLUS Loans Explained Stafford Loans Explained 4 Types of Federal Student Loans Federal and State Student Aid Compared How Much Financial Aid Do You Qualify for? Required Documents for Federal Student Loans FAFSA Defined Applying for a Federal Student Loan Federal Student Loans How a Recovering Economy Affects Federal Student Lending The Federal Loan Consolidation Process Explained Loans for School: Choosing Between Federal and Private The Federal Plus Loan Explained How to Pay for a College Education: Private Loan versus Federal Loan How to Save for College: The Argument Against Federal Loans What Are Federal Supplemental Loans? 3 Qualifications for Federal Student Loan Income-Based Repayment When is the Best Time to Apply for Financial Aid? The Direct Loan Standard Repayment Plan Explained How to Compare the Benefits of Stafford Loan Lenders 3 Stafford Loan Discounts to Consider 3 Options if Your PLUS Loan Application is not Approved The Direct Loan Income Contingent Repayment Plan Explained The Direct Loan Income Based Repayment Plan Explained What Are the Credit Requirements for Getting a Plus Loan? 3 Education-Related Expenses that Stafford Loans Can Cover What is the Cancellation Policy for a PLUS Loan? What is the Policy for Canceling a Stafford Loan? Applying for a Federal Student Loan: A Step-by-Step Guide Can You Refinance Your Federal Student Loan with a Private Student Loan? Federal Income Tax Rules Regarding Student Loan Payments How to Get Government Forgiveness on Your Student Loans How to Get a Federal Student Loan after Bankruptcy What are the Consequences of Defaulting on a Federal Student Loan? Federal vs. Private: Comparing Student Loan Interest Rate Federal Student Loan Landscape During a Recession PLUS Loan: What to Watch Out For Federal Perkins Loan: What to Watch Out For Risk and Dangers of PLUS Loans What are Stafford Loan Aggregate Limits? What is a PLUS Loan? PLUS Loans vs Perkins Loans PLUS Loans vs Stafford Loans Federal Stafford Loan Benefits Federal Stafford Loan: What to Watch Out For Student Loans: The Government's Role Does Credit Rating Affect My Federal Stafford Loan Application? Does Credit Rating Affect My Federal Perkins Loan Application? Planning Your Federal Student Loan Repayment Schedule Intelligently Using a Federal Parent PLUS Loan to Guard Your Credit Finance Your Education With a Federal Loan Private and Federal College Loans Compared Consequences of Defaulting on a PLUS Loan PLUS Loan Application Denied - What Do I Do Now? Federal Perkins Loan Qualifications/Requirements The Federal Direct PLUS Loan: A Parent's Guide Federal Direct Student Loans Compared: Stafford vs. PLUS The 4 Federal Government Student Loan Types What is an Unsubsidized Student Loan? Federal Stafford Loan Qualifications/Requirements What Costs Do PLUS Loans Cover? PLUS Loan for Graduate School 5 PLUS Loan Benefits PLUS Loan Requirements Consequences of Defaulting on a Federal Stafford Loan Military Student Loans: 4 Repayment Programs to Try Consequences of Defaulting on a Federal Perkins Loan 4 Benefits of PLUS Loans Can You Combine a PLUS Loan with Other Student Loans? What is a Subsidized Student Loan? What Happens to a PLUS Loan when Parents Die? What is a Federal Perkins Loan? 6 Benefits of a Federal Perkins Loan What are PLUS Loans? Avoiding Student Loan Repayment Legally 7 Direct Student Loan Benefits Federal Student Loan Disbursement Where Does Funding for Federal Student Loans Come From? How to Qualify for a Federal Pell Grant? My Federal Student Loans Aren't Enough: Getting Supplementary Funds Canceling a Federal Student Loan if You Attended a Vocational or Trade School Does Credit Rating Affect a Federal Family Education Loan Application? What are Federal Family Education Loans? Federal Family Education Loans: What to Watch Out For 5 Federal Family Education Loan Benefits Federal Family Education Loan Qualifications/Requirements What is FAFSA? What are Direct Student Loans? Comparing Direct Student Loans and Federal Stafford Loans Consequences of Defaulting on a Direct Loan Direct Student Loans: What to Look Out For Federal Direct Student Loan Qualifications/Requirements Comparing a Federal Pell Grant to a Federal Stafford Loan 5 Benefits of a Federal Pell Grant What is a Federal Pell Grant? What are Federal Student Loans? Federal School Loan Eligibility: Do You Make the Grade? Choosing the Right Direct Loan Program Can You Prepay a Federal Direct Student Loan? Direct Loan PLUS: What Parents Need to Know 5 Benefits of Direct Student Loans Direct Loans Compared: Stafford vs. PLUS Loans Stafford Direct Loans Direct Loan - Subsidized Or Not? Direct Loan Payment Options How to Handle Direct Loan Servicing Direct Loan: Parents Can Get Them Too The Benefits of Federal Student Loan Deferment Federal Parent Loan: A Closer Look What You Need For Your Federal Stafford Loan Application Federal Direct Subsidized Loan Filing a Federal Student Loan Application Federal Graduate Student Loans Is a Federal Direct Loan Right For You? Federal Student Loan Forgiveness Federal Student Loan Repayment Options Tips on Your Federal Plus Loan Application Coping With Federal Student Loan Debt Getting a Federal PLUS Loan Federal Perkins Loan