The U.S. Department of Education offers low-interest loans to eligible students. Students may be eligible to receive subsidized and unsubsidized loans based on their financial need.
Are interest rates on loans fixed for the life of the loan?
Some are. You can find out how interest is calculated on the website.
Okay, thanks. I'd also want to find out about financial aid, is there an available aid from my state government?
Yes, aid could be available through the state government.
What can you tell me about grants?
The share link will explain that a grant is a form of financial aid that will never have to be paid back unless you withdraw from school and owe a refund.
What types of loans are there?
The share link will be able to help you with loans that are considered student loans and will tell you that they have to be paid back.
Did you know that you have to pay back a student loan along with interest?