Federal loans are offered by the government. Private loans are offered by banks or other financial institutions.

The best type of loan to get is a federal loan because they have loan interest rates, and for some like the Federal Perkins Loan or the Subsidized Stafford Loan, the government will pay your interest as long as you are enrolled in school. That means once you graduate from school you won’t have any extra payments.

You can learn about Federal Perkins Loans here:

http://www.studentfinancedomain.com/student_loans/perkins_student_loans.aspx

Subsidized Stafford Loans here:

http://www.studentfinancedomain.com/student_loans/subsidized_stafford_loan.aspx

And private loans here:

http://www.studentfinancedomain.com/student_loans/private_student_loans.aspx

Hope this helps!

There are many student loan lenders.Before you go for one check the rate of interest and also see that the lender is a legitimate one.

Don’t pay any money to get the laon. You can also try for some scholarship online.

To know more you can visit

http://www.easystudentloan.blogspot.com

and

http://www.scholarshipgrants.blogspot.com