Loan Rangers
Loans, of course, have to be repaid. There are a variety of federal and private loan programs. In the U.S. the types of loans most frequently given are
Apply for the federal programs by completing the FAFSA. Parents interested in PLUS are automatically sent an application/promissory note.
Keep in mind that each loan has separate and different application, and different interest and repayment terms. Before borrowing, you and your family should read those terms very carefully. Ask financial aid counselors at your school to decode the small print and explain what works best for you.