Do you have to drop out of college because you can't afford it? Many universities in Somerset are increasing the price of tuition every semester and it is now very expensive to get a college education. However, getting a college degree is one of the easiest ways to elevate your earning potential and increase your appeal to potential employers. Don't drop out of school; pay your educational costs with student loans. Call our representatives today for details about college loans available to Somerset students. Subsidized and unsubsidized loans are two different options when getting a Federal Stafford loan. Regardless of your credit, the two types of loans apply to you in Somerset. Subsidized Stafford loans are granted to students who are financially needy. With this type of loan, the US government pays the interest while you are attending college. Unsubsidized student loans are also available to students in need of assistance. Many Kentucky college students have unsibsidized Stafford loans to assist them to pay for their education. Although college credit cards are an easy way to build credit, you still have to be careful not to overspend. A few misshaps will get you deep into debt. Many students are over zealous with their cards, particularly when they first receive them. In Somerset, it is simple to get into a lot of credit card debt. Generally, Somerset student loans should cover most of your expenses, so if you get credit cards, be cautious about how much you spend. Call our reps to get student loans in Somerset so you can stay out of credit card debt. A Federal Stafford loan is a loan issued by the government to college students at rates that are much lower than other traditional loans. Unlike many other student loans in Somerset, a Stafford loan doesn't require you to have collateral or flawless credit. If you stay enrolled in classes at least half time, you will not need to make payments until after you graduate. With rising tuition costs and a sluggish economy, Stafford student loans in Somerset are a great option for starving students. In Somerset, Kentucky, many various kinds of student financial aid are an option for those who require it. If you're pursuing a degree in pharmacy, there are lots of Somerset, STATE_ABBREV loans accessible. Most of these sorts of loans are credit free. Listed here are a few loans available for health science students: Loans for Disadvantaged Students, Nursing Student Loan Program, and Primary Care Loan Program.