Federal Student Loans
Private Student Loans
Direct Student Loans
If your school participates in the Federal Direct Loan Program you are required to borrow a Direct Student Loan from your institution. Contact your school's financial aid department or call the Direct Loan Program at 800-848-0979 for more information.
Whether you must borrow a Direct Student Loan or not, you may still borrow a private student loan from a lender of your choice to help cover education related expenses such as tutors, computers and software, books, and last-minute tuition hikes.
Federal Student Loans
The Federal Stafford Loan program has a low, fixed interest rate and offers full deferment.
Private Student Loans
Private student loans can cover up to cost of education; Annual maximum is $45,000.
Direct Student Loan News
Illinois: State Agencies Get Creative On Student Loans
Sep 5 2008
"As various lenders and some of its peers in other states announced in recent months that they would stop making federal or private loans because of disruptions in the capital markets, the Illinois Student Assistance...
Last-Minute Student Loans Are Still Available
Sep 5 2008
"Students and parents have had to search harder, wait longer, pay more, and - in at least a few cases - post pleas for funding on the Web. But most of the nearly 9 million...
