If you reside in Massachusetts, you'll be able to make an application for student loans for bad credit. Don't let a bad credit score prevent you from attending college. There are many different kinds of non-credit governmental financial loans and grants that will help you pay for university. Federal Stafford Loans, Perkins, Loans, and Pell Grants are just a few. Do not forget about Still River student education loans or scholarship grants as another way to help you get finished with school. 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 Still River, a Stafford loan does not require credit rating checks or collateral that other loans require. If you stay enrolled in classes at least half time, you won't be required to make payments until after you graduate. With rising tuition costs and a sluggish economy, Stafford student loans in Still River are an ideal option for struggling students. Still River student loans can be obtained through several different ways. It's not unconventional that students have a cosigner on the loan. If you're a student with a co-signer on your loan, you can obtain a loan product with a cosigner release. In this situation, you can take over the full obligation of the loan, thus liberating your cosigner from his/her responsibilities. From there you only have to make a few on-time payments and the loan is yours. Several college students in Still River, MA are able to consolidate their student loans into one loan. Several Still River lenders encourage you to merge your loans to save lots of money. Student loan consolidation programs let you combine all of your outstanding student loans straight into one, low monthly payment. Reduce your montly payment by as much as 50 percent with student loan consolidation. Subsidized and unsubsidized loans are two different alternatives when obtaining a Federal Stafford loan. Regardless of your credit score, the two forms of loans are available to you in Still River. Subsidized Stafford loans are given to students that are financially needy. The US government will pay your interest as you go to college. Unsubsidized student loans are offered also to students in need. Numerous students have multiple Massachusetts unsubsidized Stafford loans to take care of their school expenses.