Student Loans

A student loan can help pay for educational expenses, including tuition and fees, room and board, books and supplies, transportation costs, and many other items. Whether you’re applying for an In-school student or a Student Refinancing loan, you’ll want to be sure that the loan choice you make is the best one for your situation. The type of student loan you choose can impact how much money you pay back and when it is required. For example, if you take out an unsubsidized loan for your undergraduate studies, the interest charges will accrue while you are in school and during an optional six-month grace period after graduation; however, if you opt for a new Direct Consolidation Loan to replace earlier loans you may never have to repay any interest because of its interest-free status.