|College isn't cheap. But fortunately, students have a number of options available to them that can help cover the cost of tuition, books, and living expenses. If you're committed to improving your life through a college education, there are a variety of ways to help you get the funding you need for your education. Applying for a federal student loan is a great way to start the process of financing your college experience.
For undergraduates, federal Stafford loans are among the most popular. Additionally, federal PLUS loans allow parents to help support their children through college. While Stafford loans are limited and based on financial need, federal PLUS loans are not dependent upon financial need and allow parents to take out loans covering the full cost of their student's tuition. There are even federal loans available for graduate students.