Federal student loans for college are an investment in your future. You must repay your loan, so be sure you understand your options and responsibilities.
Have you applied for financial aid?
yes
You might be offered loans as part of your school’s financial aid offer. A loan is money you borrow and must pay back with interest.
that's it. Loan Transfers are also something I'd like to hear about. In the event of a move, what happens to my loan?
It just means that a new servicer will provide the support you need to fully repay your loans
Are there any other pertinent details about the loans of which I should be aware?
Make sure you understand who is making the loan and know the terms and conditions of the loan.
Is Interest Accrued on Federal Student Aid Loans? where can i find this out?
Yes and after finishing school you must repay your loans and the interest that accrues on them.
Sure. Now I need to ask about federal student loans. Are the loans high interest?
The interest rate on federal student loans is fixed and usually lower than that on private loans.
how much can I borrow?
It depends on whether you are an undergraduate student, a graduate or professional student, or a parent.
is the school the one making the loan to us?