Student Loans Guide

If you are about to start University, then it pays to know about the student loan process. Most students take out some form of student loan during their study to help them pay for their fees and living expenses. If you are unsure about how student loans work, then this guide will be able to help you.

How are loans paid?

Unsubsidized Stafford Student Loans

Unlike the Subsidized Stafford Student the Unsubsidized Stafford Student Loan does not allow you to have a six-month grace period before payments are due. With the Unsubsidized Stafford Student Loan you must start paying your payments even if you are still in school. The Unsubsidized Stafford Student Loan is one of the most popular student loans in the United States. Some students get around this by delay their loan and that amount is added to their total amount due balance. Then they start payments after six-months.