Need a private student loan? Compare your student loan options all in one place. SimpleTuition

Compare loans from these Featured Lenders and more!

Low Interest Student Loans

Student Loan A student loan is a special type of loan designed to help students pay for college tuition, books and other study materials and living expenses incurred during the course of their education. Student loans generally have a lower interest rate than other loans and are required to be paid back only after the student has graduated and obtained a suitable job. Thanks to these loans, students no longer have to work long hours to make ends meet and can focus more on their studies.

Low Interest Student Loans

The main thing any student should look for when they are out searching for a suitable loan is that the repayment conditions of their loan are acceptable and they can bear the expenses that taking out a loan will incur. While all student loans have low rates of interest, there are specific loans called low interest student loans that have even lower interest rates as they are funded partially or on a whole by the government. This means less pressure on the student to pay the money back as the repayment terms are much more relaxed than a regular student loan.

Types of Low Interest Student Loans

Among the numerous low interest rate student loans available today, most students opt for federal loans. Stafford and Perkins loans are two such loans offered by the government, with interest rates ranging between two and five percent. These student loans are very relaxes in terms of repayment as a student is not required to pay the loan back until they have completed their education and found a suitable job. Low interest student loans are also offered by private lenders – Campus Edge loans are one example of such loans which allow you to borrow $50,000 without having a cosigner. A number of other student loans at fixed rates are also offered to help students pay their way through college. It is imperative that a student conducts the necessary research before choosing to apply for any single type of student loan.

Related Links
Useful Resources