January 5, 2008
Federal Student Loan
Federal Student Loan is the most common college student loan. There are mainly two kinds of federal student loans i.e. subsidized and unsubsidized. Subsidized college student loan: Government pay off your student loans whilst the student is attending the college. Unsubsidized college student loan: there is no interest free period and you will have to pay the interest with principal amount, after completion of education. Not all students qualify for a federal student loan. In case when students are unable to grab a federal student loan, there is another kind of student loan known as private student loan.
