Hoping to receive federal student loans to pay for your college education in Columbiana but do not have any idea how to apply for them? Amazingly, applying for federal aid is a relatively simple process. The very first thing you will need to do is complete an online FAFSA and submit the information. The federal government will then forward the data to your college who will determine your eligibility for federal college loans. For more information on federal and non federal student loans in Columbiana, contact our associates right now. Because of the current recession happening in the U.S, many individuals are struggling to send their kids to college. Many individuals are struggling simply to pay their mortgage every month and therefore don't have enough funds to cover pricey tuition fees. Do not let lack of money hold you back any longer. Allow your child to recognize their full academic potential by attending college and pay for it with college loans. There are lots of student loans in Columbiana that have low interest rates and are created specifically for parents of students. Contact our friendly agents now to find student loans for parents in Columbiana. A Federal Stafford loan is a government-secured student loan offered to graduate and undergraduate college students at rates that are much lower than other conventional loans. Unlike many other student loans in Columbiana, a Stafford loan does not require you to have collateral or flawless credit. If you stay in college at least part-time, you won't have to make payments on your loan until after you receive your degree. With a slow economy and rising tuition costs, Stafford student loans in Columbiana are a great option for poor students. A Federal Stafford bank loan is available in two different types: subsidized and unsubsidized. In Columbiana, both types of loans apply to most college students, irrespective of credit rating. Subsidized Stafford financial loans are granted to college students that are financially needy. With this type of loan, the federal government will pay the interest while you are attending school. Unsubsidized student loans are offered also to college students in need of assistance. Many Alabama individuals have unsibsidized Stafford loans to assist them to finance their schooling. Student loan consolidation allows you to benefit from today's low interest levels and save money over time. Some student loan consolidation organizations allow you to reduce your monthly payments as well as take longer to repay your education loan. Consolidating Columbiana students loans is a great option for students who have several loans at high interest rates. Student loan consolidation organizations in Columbiana offer low introductory rates and no collateral, no-hassle loans for individuals who wish to lower their monthly student loan payments. Call our associates right now for additional information on options available close to you.