Best College Loans
There are many types of college loans available to students today. Finding out
which are the best loans can be a daunting task. The following college loan options
can help students determine which is the best college loan for them:
Federal College Loans
Stafford College Loans
A Stafford loan is generally the best college loan for most students. It is guaranteed
by the federal government and provided either through private lenders or the government
directly. These loans are either subsidized or unsubsidized depending on the student’s
Perkins College Loans
A campus-based federal loan that is funded partially by the college and partially
by the federal government. These loans are need-based so check with your school’s
financial aid office to determine your eligibility.
PLUS College Loans
These college loans can be taken out by parents to help finance their child’s undergraduate
education and are guaranteed by the federal government.
Private College Loans
Private College Loans are not guaranteed or subsidized by the federal government.
These loans are offered by a number of private lenders.
Think Student Loans are college loans which allow students to borrow up to the full
cost of education up to a $250,000 lifetime aggregate maximum. You can apply online or over
the phone in approximately 15 minutes. We encourage students to do all their research
before applying for any college loan – finding the best college loan for your particular
circumstances takes work, but it can be done.