If you’re borrowing money to pay for college, there’s a good chance that you have federal student loans in addition to any private loans you might have. Federal student loans provide more flexible repayment options and more time to make your payments than private loans do, and they’re also likely to be cheaper than private loans (though this will depend on the interest rate of your loan). If you want to know whether your student loans are federal or private Studentaid.gov contains all information about federal loans.