You have to pay it back, with interest.
Getting a student loan helps people who can't afford to pay for college realize their dream. Unfortunately, student loans can be expensive on a smaller salary right out of college.
You could get a federal student loan.
The biggest benefit of having a fixed rate student loan is quite simple. The intrest rate you were given at the start of the loan is locked in; meaning the interest rate will not increase during the loan period.
If you are in default on a student loan, any payments due to you from the government may be withheld and applied to the loan.
Parent Loan: A parent is getting the loan Student loan: A student is getting the loan
There are many places to research student loan settlement. You can look at various places on the web or at many banks. Looking for loan settlements can be difficult start by checking www.wellsfargo.com/student
what is a student loan grant?
You can ask him what type of loan he got and then see if it matches with the student loan forgiveness act criteria. This act forgives a wide array of loans but the government is having a tough time deciding what to do with it because the student loan debt is around 1 trillion dollars.
Yes, a student can apply for a personal loan. However, the approval and terms of the loan will depend on various factors such as the student's credit history, income, and ability to repay the loan. It's important for students to carefully consider their financial situation and evaluate the terms and conditions of the loan before applying. Additionally, having a cosigner, such as a parent or guardian, can increase the chances of loan approval for a student.
what is a student loan grant?
Depends on his age
What is a "Standard" student loan?