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Subsidized and unsubsidized education loans are two different options when getting a Federal Stafford loan for school. In Oakford, both types of loans apply to just about all college students, regardless of credit rating. Subsidized Stafford financial loans are for students that are from low income or in need. With this type of loan, the federal government will pay the interest while you're still in school. Unsubsidized student loans are also available to college students in need. Many Illinois individuals have unsibsidized Stafford loans to help them finance their education. Several kinds of student financial aid are accessible in Oakford, IL to college students who require it. If you are going after a degree in a medical related field, there are several Oakford, STATE_ABBREV student loans accessible. Typically, these types of student loans are credit free. These are some student loans accessible to medical students: Loans for Disadvantaged Students, Nursing Student Loan Program, and Primary Care Loan Program. A student loan consolidation program in Oakford enables you to lock in low interest rates, combine your high-interest student loans into one low monthly payment, and put more money into the bank. In addition, Oakford education loan consolidation doesn't require any application fees, origination fees, or prepayment penalties. Generally, you can complete a simple, online application to get a loan consolidation, making it a simple, affordable way to reduce your student loan payments. Call our associates right now for more information on student loans and consolidation in Oakford. Due to the current economic downturn taking place in the U.S, many families are struggling to pay for their child's education. Many individuals are struggling simply to pay their mortgage each month and therefore don't have the money to pay high educational expenses. Do not let lack of funds hold you back any longer. Let your child recognize their full academic potential by attending college and pay for it with college loans. There are many college loans in Oakford that have reasonable interest rates and are created specifically for parents of students. Contact our friendly agents today to find college loans for parents in Oakford. A Federal Stafford loan is a loan issued by the government to college students at rates that are much lower than other conventional loans. Unlike other Oakford student loans, a Stafford loan doesn't 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 the loan until after you receive your diploma. With rising tuition costs and a sluggish economy, Stafford student loans in Oakford are an ideal option for struggling college students.