answersLogoWhite

0


Best Answer

First try and get a Pell grant which you do not have to payoff, then u can get a subsidized or an unsubsidized loan from Direct Loan if youre in the USA. Depending on whether it is an unsubsidized loan it really doesnt matter.. If you must pay interest on the loans while in college then get it over time but if there is no interest while attending cumulative credits then it is your choice...

User Avatar

Wiki User

18y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is it better to get one loan each year or one big loan at the start of your education?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is an Overseas education loan a better option to fund higher studies abroad?

Yes, considering Education Loan would be a wise choice. If you are planning to travel abroad for your higher studies, an education loan would be the first thing For more visit - AspireGlobaledu


What is an education one loan?

Education loan is the best facility for the student to get the best education. Because to get an education, all the students have to spend a lot of money, due to which more students are deprived of a good education. If you want to get a good education loan, then you can get it through Empower Youth, for that you can click on Interest-Free Education Loan, in which you will get all the information. This is by far the best facility which provides you with a good loan in very little time.


Is there any resources to consolidate school loans online?

A Federal Consolidation loan is a repayment option for student loan borrowers. It is designed to make education loan repayment easier by combining existing eligible federal education loans into one new loan with a fixed interest rate and a lower monthly payment. Consolidation is a bit of a misnomer because a single loan can be "consolidated" to take advantage of better loan terms.


How can I pay off my private education loan faster?

The best bet to pay off your private education loan is to consolidate. That will help pay it off faster. Also if your credit is better than when you took the loan out you should be able to lower the rate on it thus making it easier and faster to pay off.


Does the Higher Education Act provide for student loan consolidation?

The Higher Education Act does provide student loan consolidation under the Federal Family Education Loan and Direct Loan programs. The loan consolidation may lower interest rate and extend the amount of time to repay.


Role of education loan facility in respect of heigher education?

*


How does a US Department of Education Consolidation Loan work?

A US Department of Education Consolidation Loan works by allowing students who have at least one student loan held by ED and at least one commercially held FFEL program loan to take out a special loan. One who wants a US Department of Education Loan must apply by the deadline.


Can a teacher get education loan?

yes.


Which higher education loan is not intended for students?

The Stafford Loan is not intended for students.


What is a C E L N loan?

Continuing Education Loan (private)


Can a student apply for education loan?

Yes, any student can apply for the education loan as this type of loans are made especially for the students such that they can pursue there higher education without any problems. Students can take the education loan from the bank's as well as the private institutions that are available online. One of such company is haelaina.fi that helps you to get loan of any type.


Which loan is better Personal or Home loan?

home loan