Types of student loans

Federal student loans are the largest source of education loans.

Federal student loans have more favorable terms than private loans. So, get all the federal loans you can before looking into private student loans.

Federal Stafford loans

Federal Perkins loans

Federal Parent PLUS loans

Federal Graduate PLUS loans

For graduate and professional students, the Graduate PLUS loan is the best supplement to Stafford loans and should be pursued before a private loan.

Private student loans