Question

what are the different loan specialist and how they are helping the student borrowers?

2 paragraphs

Answer 1

Stafford loans are by far the most common government loan scheme, as they provide both subsidized and unsubsidized loans. In other terms, you can use a Stafford Loan to help pay for education whether you have a financial need or not.

Perkins Loans is intended to support students with an exceptional financial need, and many students won't qualify for the generous terms of the Perkins Loans. The Perkins Loans can be used for both undergraduate and graduate studies, similar to the Stafford Loans.

Federal Student Aid - The website of Federal Student Aid is a tool which the U.S. Department of Education puts out. There's detailed details on student loans starting from when you start talking on college right up to when you're through with school and have to pay back the loans. Detailed information on filling out the FAFSA, which types of assistance you are eligible for and which types of federally funded rehabilitation plans you are eligible for are also listed here. If you are particularly used to reading personal-style blogs, it can be a bit of a dull reading, but the knowledge here will set you up with education you need to learn before you take out some kind of student loan.

Student Loan Help- Student Loan Aid is an branch of NFCC.org where debt counseling is the priority. You can get on the phone with a NFCC-certified non-profit advisor who can help you review all your finances at a small fee and help you create a personalized debt reduction plan. What you need to do is build a stable financial profile on the website and a debt advisor will contact you.